OPTT$0.3831
$0.3817
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Powered by LiveAIOverall Analysis
BuyOcean Power Technologies (OPTT) shows strong positive momentum and outperformance in its sector, with a bullish technical outlook. However, fundamental analysis indicates concerns about profitability and cash runway, while analyst sentiment is mixed to negative.
Thematic
OPTT operates in the renewable energy sector, specifically wave energy, which aligns with global trends towards decarbonization and sustainable energy solutions. The company's WAM-V technology has potential applications in maritime domain awareness and uncrewed systems.
Fundamental
OPTT exhibits strong revenue growth and improved margins, but continues to incur significant losses and has a short cash runway, posing financial risks.
Technical
OPTT exhibits a strong bullish trend across multiple timeframes, with positive moving averages and momentum indicators, despite some recent overbought signals.
| Factor | Score |
|---|---|
| Renewable Energy Transition | 85 |
| Maritime Technology Applications | 70 |
| Innovation in Wave Energy | 70 |
| Regulatory Environment & Support | 75 |
| Competitive Landscape | 65 |
| Factor | Score |
|---|---|
| Valuation | 30 |
| Profitability | 15 |
| Growth | 85 |
| Balance Sheet Health | 70 |
| Cash Flow | 20 |
| Factor | Score |
|---|---|
| Trend Analysis | 90 |
| Momentum | 60 |
| Volume Confirmation | 85 |
| Support & Resistance | 75 |
| Overall Technical Rating | 90 |
AI Investing Checklist
Powered by LiveAIBullish Points (7)
Positive Short-Term Performance
The stock has shown a positive performance over the last month (+30.61%) and 6 months (-20.00%), indicating recent investor interest and potential recovery.
Significant Long-Term Appreciation
The stock has demonstrated exceptional year-over-year performance, increasing by 178.26%, suggesting strong long-term growth potential.
Bearish Points (9)
Consistent Net Losses
The company has consistently reported net losses, with a net income of -$27,483,000 in the latest annual period (2024Q2) and significant negative net margins across all reported periods.
Low and Fluctuating Revenue
Revenue for the latest annual period (2024Q2) was $5,525,000, which is modest, and the company has experienced negative revenue growth in some quarters.
Calendar
March 2019
12
Next Dividend Date
September 2025
16
Next Earnings Date
H: $
A: $
L: $
Profile
Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
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Capital Structure
Valuation - Summary
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Revenue to Profit Conversion
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