H.C. Wainwright initiated coverage on Ocean Power Tech with a new price target
$OPTT
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H.C. Wainwright initiated coverage of Ocean Power Tech with a rating of Buy and set a new price target of $1.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2025 | $1.50 | Buy | H.C. Wainwright |
| 9/24/2025 | $1.50 | Buy | Ladenburg Thalmann |
H.C. Wainwright initiated coverage of Ocean Power Tech with a rating of Buy and set a new price target of $1.50
Ladenburg Thalmann initiated coverage of Ocean Power Tech with a rating of Buy and set a new price target of $1.50
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
MONROE TOWNSHIP, N.J., March 02, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT), a provider of autonomous maritime systems and offshore power solutions, today underscored the growing strategic importance of persistent maritime domain awareness and offshore infrastructure protection as instability in the Middle East places key global shipping corridors and energy assets under increased focus. The Company confirms that its regional partners and team members in the Middle East are safe and remain in close coordination with the Company. OPT's operations and customer support activities also continue without disruption. Global commerce and national security operations rely
MONROE TOWNSHIP, N.J., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced it has received an approximate $1.5 million Purchase Order from the United States Coast Guard (USCG) for the installation and deployment of buoy systems previously ordered. This award completes the acquisition cycle and enables near-term fielding of the systems in support of Department of Homeland Security (DHS) maritime security missions. The Company expects this order to contribute to near-term revenues as installation and deployment activities commence. Under the scope of work, OPT will execute deployment, commissioning, and operational activati
MONROE TOWNSHIP, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT) today provided an operational update highlighting continued global deployments and progress on its offshore autonomy infrastructure roadmap. The Company has shipped a WAM-V®, autonomous surface vehicle to Greece to support ongoing customer operations and field activity in the region. This deployment expands OPT's international operational footprint and reflects continued engagement across defense and commercial maritime markets. In parallel, OPT has transitioned its integrated docking and charging program from prototype to a full-scale build, including autonomous d
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
S-8 - Ocean Power Technologies, Inc. (0001378140) (Filer)
SC 13G/A - Ocean Power Technologies, Inc. (0001378140) (Subject)
SC 13G - Ocean Power Technologies, Inc. (0001378140) (Subject)
SC 13D/A - Ocean Power Technologies, Inc. (0001378140) (Subject)
DENVER, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Markets are waking up to a distinctly forward-looking tape, with investors parsing developments that point to shifts in Artificial Intelligence infrastructure, advanced sensing, defense-aligned energy systems, and deep-tech R&D platforms. Envirotech Vehicles (NASDAQ:EVTV): Strategic Pivot Toward AI Infrastructure Envirotech Vehicles is in focus after announcing an amended and restated Letter of Intent to acquire AZIO AI Corporation, a move that could dramatically reshape the company's long-term identity. The proposed all-equity transaction values AZIO AI at an assumed enterprise value of $480 million, using a $3.00 per share reference price for E
MONROE TOWNSHIP, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it will exhibit at NAVDEX in Abu Dhabi with Remah International Group ("RIG"), a privately held and UAE headquartered company with a focus on both military and civilian services. This follows OPT's appointment of RIG as its distributor for defense and security solutions in the UAE in late 2024. RIG, through its locally owned group of 48 companies, partners with industry leading solution providers globally like Red Cat and SAAB, to ensure the highest levels
MONROE TOWNSHIP, N.J., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that concurrent with the completion of the Company's 2024 Annual Meeting of Stockholders on January 16, 2025, the OPT Board of Directors has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A. "Digger" DiGuardo and Rear Admiral Victorino "Vic" Mercado as Advisory Board Members. The Advisory Board Members will provide advice and recommendations to the OPT Board with respect to matters as the Board may from time-to-time request concerning operations, s
MONROE TOWNSHIP, N.J., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results for its fiscal second quarter ("2Q26") ended October 31, 2025. Highlights include: 2Q26 RESULTS and RECENT HIGHLIGHTS Backlog at October 31, 2025 was approximately $15.0 million, an increase of $11.2 million and nearly 300% over the prior year period.Pipeline as of October 31, 2025 stands at $137.5 million, an increase of $53.1million and 63% increase over the $84.4 million pipeline at October 31, 2024.During the quarter, OPT shipped eight WAM-V® autonomous surface vehicles, marking a strategically meaningful milestone for the Com
MONROE TOWNSHIP, N.J., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release early earnings for its fiscal 2026 second quarter ended October 31, 2025 prior to market open on Monday December 15, 2025. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT's financial results will be held on Monday December 15, 2025 at 9:00 AM EST. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call. The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.Live webcast: Webcast
MONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results for its fiscal fourth quarter ("4Q25") and full-year ended April 30, 2025 ("FY25"). Highlights include: FY25 RESULTS and RECENT HIGHLIGHTS Backlog at April 30, 2025 was $12.5 million, a 158% increase over the prior year.Pipeline as of the date of this release stands at $137.5 million, an 88% increase over the $71.6 million pipeline at April 30, 2024.Operating expenses of $23.3 million for FY25 decreased $8.9 million, or 28%, versus $32.2 million for the year ended April 30, 2024.Revenues for FY25 of $5.9 million increased 6% over