Ocean Power Technologies, Inc. (OPTT) Stock Forecast & Price Prediction 2025, 2030, 2040, and 2050
Find Ocean Power Technologies, Inc. (OPTT) short-term stock forecasts for 2025 by month and long-term price predictions for 2025 to 2050. View past performance, analyst Buy, Sell or Hold ratings, and the latest OPTT stock news and headlines.
1 Month Prediction
$1.00 [97.94%]
3 Month Prediction
$1.00 [97.94%]
6 Month Prediction
$1.00 [97.94%]
1 Year Prediction
$1.00 [97.94%]
3 Year Prediction
$1.00 [97.94%]
5 Year Prediction
$1.00 [97.94%]
About Ocean Power Technologies, Inc.
Ocean Power Technologies, Inc. is a U.S. publicly owned renewable energy company that specializes in providing electric power and communications solutions for remote offshore applications.
Its flagship product is the PowerBuoy, a wave energy conversion technology that offers clean and reliable power for various maritime sectors, including defense, oil and gas, science and research, and offshore wind. OPT also offers WAM-V autonomous surface vessels (ASVs) and marine robotics services.
The company was founded in 1994, and is headquartered in in Monroe Township, New Jersey.
Ocean Power Technologies, Inc. (OPTT) Historical Performance
IPO Date
Ocean Power Technologies, Inc. (ASE:OPTT) went public on 25 April, 2007.
Change
Since inception, OPTT has decreased by 99.98%. In the last 5 years, OPTT has risen from $0.45 to $0.51, a minor 12.27% increase since 2020.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $4.01 and a low of $0.15.
52 Week Range
$0.12
$1.75
The current price $0.51 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
OPTT Stock Price History
Based on OPTT stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2019, the OPTT stock has fallen from $0.37 - $2.88 to $0.51 - $0.66, which is down -65.38%. Currently, the stock follows downward trend.
Here, we have calculated stock range of OPTT, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2020 | $0.37 - $2.88 | $1.14 | -33.12 | 1 Year Change |
| 2021 | $1.48 - $4.01 | $2.54 | 49.02 | 2 Year Change |
| 2022 | $0.45 - $1.41 | $0.9 | -47.2 | 3 Year Change |
| 2023 | $0.3 - $0.7 | $0.49 | -71.25 | 4 Year Change |
| 2024 | $0.15 - $1.02 | $0.31 | -81.81 | 5 Year Change |
| 2025 | $0.51 - $0.66 | $0.59 | -65.38 | 6 Year Change |
OPTT Price Performance
6-Month Performance
OPTT stock jumped by 236.80% in the last six months.
1-Year Performance
The stock has trended upwards by 165.89% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 52.34%.
5-Year Performance
In the last 5 years, the stock has gone up by 12.27%.
According to Ocean Power Technologies, Inc.'s historical data, below graph gives us the exact picture of how the OPTT stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 2 years and a decline in 3 years.
2020
209.20% ↑
2021
44.98% ↓
2022
69.59% ↓
2023
28.89% ↓
2024
218.75% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Ocean Power Technologies, Inc. (OPTT) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $2.42 M (Q4)
Revenue for Q4 ending 31st October, 2024 increased 85.86% compared to Q3 ending 31st July, 2024.
Annual Revenue: $7.08 M (1Y)
Revenue for trailing 12 months increased 28.20% year over year from 30th April, 2024.
Market Capitalization
Ocean Power Technologies, Inc. has a market capitalization of $73.78M, which places OPTT in the micro-cap category.
Fundamental Analysis
EPS: $-0.04 (Q4), $-0.47 (1Y)
EPS decreased 20.00% since last quarter, and decreased 0.00% since last year.
Net Income: $-3.91 M (Q4), $-27.48 M (1Y)
Net Income decreased 12.13% since last quarter, and increased 4.39% since last year.
Free Cash Flow: $-4.52 M (Q4), $-32.35 M (1Y)
Free Cash Flow decreased 30.44% since last quarter, and increased 42.34% since last year.
Net Profit Margin: -161.83% (Q4), -388.01% (1Y)
Net Profit Margin decreased 52.72% since last quarter, and decreased 18.57% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for OPTT stock. These indicators help you understand Ocean Power Technologies, Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for OPTT stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $0.67 |
| SMA50 | $0.77 |
| SMA200 | $0.36 |
| RSI | 16.28 |
| Beta | 2.57 |
SMA20 > Current Price
This signals OPTT stock is in short-term bearish momentum.
SMA50 > Current Price
This signals OPTT stock is in mid-term bearish momentum.
SMA200 < Current Price
This signals OPTT stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for OPTT stock is Bearish. Out of all indicators, 3 indicates bullish signals, 5 signals bearish trends and 1 gives neutral trends. The OPTT stock forecast was last updated on 07 March, 2025.
Ocean Power Technologies, Inc. (OPTT) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $1.00 by the end of 2025, and can reach around $1.20 to $1.97 in 2026. And, the long-term forecast suggests that the stock may further jump to $1.34 - $0.59 in 2028, and $0.90 - $1.52 by 2031. So, the OPTT stock shows a strong upward trend in the next several years.
Short-term OPTT Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2025-04 | $1.00 | 97.94% |
| 2025-05 | $1.00 | 97.94% |
| 2025-06 | $1.00 | 97.94% |
| 2025-07 | $1.00 | 97.94% |
| 2025-08 | $1.00 | 97.94% |
| 2025-09 | $1.00 | 97.94% |
| 2025-10 | $1.00 | 97.94% |
| 2025-11 | $1.00 | 97.94% |
| 2025-12 | $1.00 | 97.94% |
In 2025, the OPTT stock price is expected to fluctuate between $1.0 and $1.0. According to the monthly forecast, the stock could rise to $1.00 by December 2024. If compared to the OPTT's current price, the stock could gain 97.94% by the end of this year.
Long-term OPTT Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2026 | $1.20 | $0.09 | $1.97 | 289.94% |
| 2027 | $0.11 | $1.55 | $1.21 | 139.51% |
| 2028 | $1.34 | $0.92 | $0.59 | 16.79% |
| 2029 | $2.18 | $0.86 | $0.77 | 52.41% |
| 2030 | $1.07 | $0.57 | $0.81 | 60.33% |
| 2031 | $0.90 | $0.95 | $1.52 | 200.87% |
| 2032 | $1.46 | $0.20 | $1.19 | 135.55% |
| 2033 | $0.92 | $0.70 | $0.60 | 18.76% |
| 2034 | $0.31 | $1.16 | $0.67 | 32.62% |
| 2035 | $1.49 | $1.05 | $0.66 | 30.64% |
| 2036 | $1.41 | $1.16 | $0.50 | -1.03% |
| 2037 | $1.55 | $1.16 | $1.03 | 103.88% |
| 2038 | $1.74 | $1.02 | $1.23 | 143.47% |
| 2039 | $1.24 | $1.54 | $1.43 | 183.06% |
| 2040 | $1.35 | $0.67 | $0.38 | -24.78% |
| 2041 | $0.69 | $1.88 | $1.14 | 125.65% |
| 2042 | $0.77 | $1.04 | $1.47 | 190.97% |
| 2043 | $0.46 | $1.02 | $0.48 | -4.99% |
| 2044 | $1.53 | $1.12 | $1.24 | 145.45% |
| 2045 | $1.35 | $0.29 | $1.03 | 103.88% |
| 2046 | $0.12 | $0.51 | $2.07 | 309.74% |
| 2047 | $2.22 | $-0.32 | $1.41 | 179.1% |
| 2048 | $1.58 | $-0.01 | $0.82 | 62.31% |
| 2049 | $1.06 | $2.08 | $0.77 | 52.41% |
| 2050 | $1.75 | $0.30 | $0.84 | 66.27% |
| 2051 | $0.65 | $1.36 | $0.37 | -26.76% |
Ocean Power Technologies, Inc. (OPTT) Stock Price Prediction & Forecast 2025
At the start of 2025, the OPTT stock was at $0.66. Today, it is trading at $0.51, which is -23.45% decrease from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $1.00 by December 2025 with a 97.94% change.
Ocean Power Technologies, Inc. (OPTT) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant depreciation in the OPTT stock. During this period, the OPTT's price is forecasted to shift from $1.20 to $0.81, which is -32.50% loss.
In 2026, the stock would possibly open at $1.20, descends to $0.09 by mid-year, and wraps up at $1.97, reflecting a 290.64% increase from today's price. Further moving to 2030, the stock can kick off the year at $1.07, drop to $0.57 by mid-year, and finish at $0.81, which is 59.36% change from current price.
Ocean Power Technologies, Inc. (OPTT) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $0.90 to $0.38, which is down 199.92%
In 2031, we can expect OPTT to fluctuate between $0.90 and $1.52, a shift indicating a 199.92% gain by year-end compared to current price. And Until 2040, OPTT can likely vary from $0.38 to $1.35. By the end of 2040, the stock could record a -23.99% fall from today's stock price.
Ocean Power Technologies, Inc. (OPTT) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the OPTT stock can see an an upturn from $0.69 to $0.84 in this period. In 2041, the stock can experience a high of $1.88 by mid-year, closing the year at $1.14. This results in a 272.12% increase from today.
Moving towards the end of 2050, OPTT is projected to open the year at $1.75. The stock may dip to $0.30 during mid-year and finish the year at $0.84. Compared to the stock's current price, this translates to an overall gain of 67.02% by 2050.
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OPTT Competitors
| Ticker | Company | Market Cap | Price | 1m Change | Forecast |
|---|---|---|---|---|---|
| SERV | Serve Robotics Inc. | - | $6.97 | -22.64% ▼ | $242.1 ▲ |
| SMR | NuScale Power Corporation | - | $27.46 | 15.18% ▲ | $25.18 ▲ |
| SYM | Symbotic Inc. | - | $21.87 | -3.66% ▼ | $134.49 ▲ |
Last updated Mar 07 at 9:10 PM
OPTT : Buy, Sell Or Hold?
Analyst Ratings
No analyst ratings available for this stock.
Expert Analysis
According to OPTT short-term and long-term forecast, Ocean Power Technologies, Inc. shares are projected to go up by 66.27%, and reach a value of $0.84 per share by 2050.
As per technical analysis, indicators show a Bearish sentiment, while Fear & Greed Index stands at 57.142857142857146, which signals Greed. Also, OPTT has recorded 6/30 green days, which reflects a 27.27272727272727% positivity rate with a price volatility of 0.07%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that OPTT stock is undervalued. So, Based on OPTT prediction and analysis, it may be the best time to hold OPTT stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "OPTT” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.