Ocean Power Technologies, Inc.
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No SEC Form 4 filings for $OPTT in the last 30 days.
See all $OPTT insider activity →Ocean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Ocean Power Technologies Aligns Leadership Team to Accelerate Commercial Execution and Backlog Conversion MONROE TOWNSHIP, N.J., September 14, 2026 — Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT) , a leader in maritime operational infr
Ocean Power Technologies Inc (OPTT) shares fell 3.6% after announcing a strategic review and leadership changes. The company reported a $10.5M loss, with a high 143.7x P/S ratio. GF Value™ suggests a 26.4% undervaluation, but profitability and financial strength remain weak. Insiders have been net buyers.
Ocean Power Technologies reported a net loss of $10.5M for Q1, up from $7.4M a year ago, despite a 44% revenue increase to $1.7M. Lease revenue grew significantly, but costs surged, leading to a gross margin loss of $2.8M. Operating expenses also rose, and the company added debt and derivative exposure. Cash reserves decreased, and shares outstanding increased by 18% due to dilution from equity and debt-linked issuances.
Over the past 7 days, AlphAI's AI scored 8 news stories mentioning OPTT (Ocean Power Technologies, Inc.). Coverage has skewed bearish: 1 bullish, 2 neutral, and 5 bearish.
Recent OPTT coverage spans earnings, corporate actions and market movers.
Leadership transition may affect execution and backlog conversion.
The announcement signals heightened uncertainty and likely short‑term pressure on the stock.
Ocean Power Technologies reported a net loss of $10.5M for Q1, up from $7.4M a year ago, despite a 44% revenue increase to $1.7M. Lease revenue grew significantly, but costs surged, leading to a gross margin loss of $2.8M. Operating expenses also rose, and the company added debt and derivative exposure. Cash reserves decreased, and shares outstanding increased by 18% due to dilution from equity and debt-linked issuances.
Earnings miss on EPS may pressure the stock further, while revenue beat offers limited upside.
The loss and liquidity concerns are likely to pressure the stock lower.
AlphAI scores every news story that mentions OPTT with an AI model for sentiment and relevance, and aggregates insider trades from Ocean Power Technologies, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Ocean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Ocean Power Technologies Aligns Leadership Team to Accelerate Commercial Execution and Backlog Conversion MONROE TOWNSHIP, N.J., September 14, 2026 — Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT) , a leader in maritime operational infr
2 min readOcean Power Technologies Inc (OPTT) shares fell 3.6% after announcing a strategic review and leadership changes. The company reported a $10.5M loss, with a high 143.7x P/S ratio. GF Value™ suggests a 26.4% undervaluation, but profitability and financial strength remain weak. Insiders have been net buyers.
2 min readOcean Power Technologies reported a net loss of $10.5M for Q1, up from $7.4M a year ago, despite a 44% revenue increase to $1.7M. Lease revenue grew significantly, but costs surged, leading to a gross margin loss of $2.8M. Operating expenses also rose, and the company added debt and derivative exposure. Cash reserves decreased, and shares outstanding increased by 18% due to dilution from equity and debt-linked issuances.
2 min readOcean Power Technologies (OPTT) reported a Q1 loss of $1.88 per share, missing estimates, but revenue of $1.7M beat expectations. The company has underperformed the market this year, with shares down 64.5%. The earnings outlook is mixed, with a Zacks Rank of #3 (Hold).
2 min readOcean Power Technologies (OPTT) reported a $10.5M net loss for Q2 2026, despite revenue growth to $1.7M. High costs and cash burn raised going-concern doubts. The company completed financings totaling $17.4M but faces high debt interest and an onerous contract. A 1-for-30 reverse stock split was implemented, and a new acting CEO was appointed.
2 min readOcean Power Technologies (OPTT) is conducting trials with the U.S. Army in North Carolina and NATO in Europe, demonstrating drones for coastal and port security. CEO Philipp Stratmann highlighted the potential for these trials to generate revenue and backlog, citing increased focus on maritime safety and defense.
2 min readOcean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. Exhibit 99.1 Ocean Power Technologies Announces Reverse Stock Split Shares Expected to Begin Trading on a Split-Adjusted Basis on September 14, 2026 MONROE TOWNSHIP, N.J., September 10, 2026 — Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT) , a leade
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