Why Ocean Power Technologies, Inc.’s (OPTT) Stock Is Up 20.27%

By Jenna Brashear
April 15, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ocean Power Technologies, Inc. before investing.

In this article, we go over a few key elements for understanding Ocean Power Technologies, Inc.’s stock price such as:

  • Ocean Power Technologies, Inc.’s current stock price and volume
  • Why Ocean Power Technologies, Inc.’s stock price changed recently
  • Upgrades and downgrades for OPTT from analysts
  • OPTT’s stock price momentum as measured by its relative strength

About Ocean Power Technologies, Inc. (OPTT)

Before we jump into Ocean Power Technologies, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

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Ocean Power Technologies, Inc.’s Stock Price as of Market Close

As of April 15, 2026, 3:17 PM, CST, Ocean Power Technologies, Inc.’s stock price was $0.376.

Ocean Power Technologies, Inc. is down 1.47% from its previous closing price of $0.382.

During the last market session, Ocean Power Technologies, Inc.’s stock traded between $0.368 and $0.390. Currently, there are approximately 195.50 million shares outstanding for Ocean Power Technologies, Inc..

Ocean Power Technologies, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Ocean Power Technologies, Inc. Stock Price History

Ocean Power Technologies, Inc.’s (OPTT) price is currently up 7.4% so far this month.

During the month of April, Ocean Power Technologies, Inc.’s stock price has reached a high of $0.400 and a low of $0.334.

Over the last year, Ocean Power Technologies, Inc. has hit prices as high as $0.900 and as low as $0.290. Year to date, Ocean Power Technologies, Inc.’s stock is up 25.3%.

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What Caused Ocean Power Technologies, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 14, 2026, there were analysts who downgraded Ocean Power Technologies, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ocean Power Technologies, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ocean Power Technologies, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ocean Power Technologies, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ocean Power Technologies, Inc. (OPTT) by visiting AAII Stock Evaluator.

Relative Price Strength of Ocean Power Technologies, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 14, 2026, Ocean Power Technologies, Inc. has a weighted four-quarter relative price strength of -9.58%, which translates to a Momentum Score of 23 and is considered to be Weak.

Want to learn more about how Ocean Power Technologies, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Ocean Power Technologies, Inc. Stock Price: Bottom Line

As of April 15, 2026, Ocean Power Technologies, Inc.’s stock price is $0.376, which is down 1.47% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ocean Power Technologies, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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