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Upturn AI SWOT - About
OPTT 
Ocean Power Technologies Inc (OPTT)
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Upturn Advisory Summary
03/27/2025: OPTT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -20.15% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 46.31M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 5399885 | Beta 2.19 | 52 Weeks Range 0.12 - 1.75 | Updated Date 03/25/2025 |
52 Weeks Range 0.12 - 1.75 | Updated Date 03/25/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.32 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-11 | When Before Market | Estimate - | Actual -0.0455 |
Profitability
Profit Margin - | Operating Margin (TTM) -343.81% |
Management Effectiveness
Return on Assets (TTM) -44.14% | Return on Equity (TTM) -81.8% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 74193143 | Price to Sales(TTM) 13.9 |
Enterprise Value 74193143 | Price to Sales(TTM) 13.9 | ||
Enterprise Value to Revenue 12.13 | Enterprise Value to EBITDA -0.25 | Shares Outstanding 146039008 | Shares Floating 84379482 |
Shares Outstanding 146039008 | Shares Floating 84379482 | ||
Percent Insiders 2.92 | Percent Institutions 3.41 |
Analyst Ratings
Rating - | Target Price 6 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Ocean Power Technologies Inc
Company Overview
History and Background
Ocean Power Technologies Inc. (OPT) was founded in 1984. Initially focused on broader energy solutions, it shifted its focus to wave energy technology over time. Significant milestones include the development and deployment of its PowerBuoy technology and partnerships with various government and commercial entities. The company has navigated technological and financial challenges inherent in pioneering a new energy source.
Core Business Areas
- PowerBuoy Systems: Designs, manufactures, and markets proprietary wave energy converters (WECs) known as PowerBuoys. These buoys capture and convert ocean wave energy into electricity.
- Services: Provides engineering, consulting, and project management services related to wave energy technology and ocean deployments.
Leadership and Structure
The leadership team includes the CEO, CFO, and various VPs overseeing engineering, sales, and operations. The organizational structure is functional, with departments focused on technology development, manufacturing, and commercialization.
Top Products and Market Share
Key Offerings
- PB3 PowerBuoy: Autonomous offshore power and communication solution for remote applications. Market share is small relative to the overall renewable energy market, but growing within the niche of autonomous offshore power. Competitors include companies offering alternative power solutions like diesel generators, solar, and wind for offshore applications. No specific revenue data available.
- PB3-ER PowerBuoy: Extended Range PowerBuoy, offering increased power and endurance for longer deployments. Competitors are similar to the PB3, focusing on alternative autonomous offshore power solutions. No specific revenue data available.
- Maritime Domain Awareness Solutions: Integration of PowerBuoy technology with sensors and communication systems for maritime surveillance and security. Market share is developing, facing competition from established surveillance technology providers. No specific revenue data available.
Market Dynamics
Industry Overview
The wave energy industry is still in its early stages of development. It faces challenges related to technology maturity, cost competitiveness, and scalability. However, it presents a potential solution for clean energy generation, especially in coastal and offshore regions.
Positioning
OPT is a pioneer in wave energy technology, focusing on niche applications like autonomous offshore power and maritime surveillance. Its competitive advantage lies in its proprietary PowerBuoy technology.
Total Addressable Market (TAM)
The TAM for wave energy is estimated to be in the billions of dollars, but capturing it depends on making the technology reliable and more cost-effective. OPT is targeting specific segments of this market, like offshore oil and gas, defense, and oceanographic research.
Upturn SWOT Analysis
Strengths
- Proprietary PowerBuoy technology
- Experience in wave energy conversion
- Focus on niche markets with high-value applications
- Partnerships with government and commercial entities
Weaknesses
- High capital costs associated with wave energy technology
- Limited operating history and revenue
- Dependence on government funding and grants
- Susceptibility to weather and sea conditions
Opportunities
- Growing demand for clean energy and sustainable solutions
- Increasing adoption of autonomous offshore systems
- Government incentives and support for renewable energy
- Potential for expansion into new markets and applications
Threats
- Competition from other renewable energy sources (solar, wind)
- Technological challenges and reliability issues
- Regulatory hurdles and permitting processes
- Economic downturns and reduced government spending
Competitors and Market Share
Key Competitors
- AWV (no US traded stock)
- Eco Wave Power Global AB (WAVE)
- Carnegie Clean Energy (CCE.AX)
Competitive Landscape
OPT faces competition from established renewable energy companies and other wave energy developers. Its advantage lies in its PowerBuoy technology, but it needs to improve cost competitiveness and demonstrate reliability to gain significant market share.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been characterized by technology development, pilot projects, and securing funding. Revenue growth has been inconsistent.
Future Projections: Future growth depends on successful commercialization of the PowerBuoy technology and securing larger contracts. Analyst estimates vary widely due to the speculative nature of the wave energy market.
Recent Initiatives: Recent initiatives include developing new PowerBuoy models, securing partnerships for maritime surveillance applications, and pursuing government funding opportunities.
Summary
Ocean Power Technologies is a pioneering company in wave energy conversion, focusing on niche markets like autonomous offshore power. The company's success hinges on improving cost-effectiveness, securing funding, and expanding commercial deployments of its PowerBuoy technology. While it possesses innovative technology, it is vulnerable to external forces such as technological, regulatory and economic forces, it is vulnerable to competitors from alternative energy and established companies.
Similar Companies
- WAVE
- ITRI (Taiwan, no US Symbol)
- ALTM (Alternus Clean Energy Inc.)
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports (where available)
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market share estimates are approximate and may vary. Financial data requires live real-time APIs to be current.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ocean Power Technologies Inc
Exchange NYSE MKT | Headquaters Monroe Township, NJ, United States | ||
IPO Launch date 2007-04-25 | CEO, President & Director Dr. Philipp Stratmann | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 43 | |
Full time employees 43 | |||
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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