Ocean Power Technologies Inc (OPTT)
AMEXIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
$0.19-3.55%
Close 2026-09-04 · 1-day change
AMEXIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
Research Workspace
Put OPTT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Industrial Machinery & Supplies & Components is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar broken — Gross profit improves from negative to positive by Q3 2026: gross margin -147.2% vs >0% target.
View ThesisRevenue is contracting — down about 36% over the past year.
View GrowthManagement screens weak on capital allocation, margins, the balance sheet, market reaction to earnings.
View ManagementExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationThis stock is volatile — it swings about 4% on a typical day and fell roughly 66% in its worst 12-month stretch.
View RiskOcean Power Technologies must improve gross profit to justify its current valuation. Revenue growth has been weak, and the latest earnings report showed a significant miss. The stock trades at 9.6× price-to-sales, compared to a peer median of 2.9×. This suggests the market expects more growth than is realistic, as the current valuation looks unjustified. A specific risk is the 27% probability of missing guidance in the next quarter. Peer multiples imply a price about 235% below where it trades. This read is provisional.
Trailing returns as of 2026-09-04. OPTT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 2 analysts currently covering OPTT (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare OPTT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| OPTT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Industrial Machinery & Supplies & Components — fair value, gap to price, and forward P/E.
Compare the value case
Put OPTT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Secure additional funding through equity and convertible notes
Going concern qualification raises funding concerns.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Expand operational infrastructure with subsea technology acquisition
Acquisition aligns with infrastructure expansion objective.
Advances: Demonstrate and scale operational performance of deployed maritime systems
Record backlog indicates strong operational performance and demand.
Advances: Secure additional funding through equity and convertible notes
Record backlog supports funding and operational performance objectives.
Advances: Expand operational infrastructure with subsea technology acquisition
Acquisition aligns with infrastructure expansion and growth objectives.
Advances: Demonstrate and scale operational performance of deployed maritime systems
Revenue beat indicates improved operational performance.
