StreetInsider.com News Articles

H.C. Wainwright Reiterates Buy Rating on Ocean Power (OPTT)

Tue, 28 Jul 2026 06:47:05 -0400

H.C. Wainwright analyst Amit Dayal reiterated a Buy rating and $1.50 price target on Ocean Power (NYSE: OPTT).

The analyst commented: "Ocean Power Technologies, Inc. reported F4Q26 results on July 24, 2026, with total revenue of $2.0M, a 49% increase YoY. Gross loss was $6.0M during the quarter, compared to a gross profit of $0.2M, or 17% of revenues in F4Q25. The company’s net loss for the quarter widened to $14.1M, or $0.06 per share, compared to $6.4M, or $0.04 per share, in F4Q25. As of April 30, 2026, OPT reported $8.9M in cash and $9.4M in debt (including earnout payable).

Form 8-K Ocean Power Technologies For: Jul 27

Mon, 27 Jul 2026 17:28:00 -0400

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Form 8-K Ocean Power Technologies For: Jul 27

Mon, 27 Jul 2026 17:28:00 -0400

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Form 424B5 Ocean Power Technologies

Mon, 27 Jul 2026 17:21:00 -0400

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Form 424B5 Ocean Power Technologies

Mon, 27 Jul 2026 17:21:00 -0400

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Form PRE 14A Ocean Power Technologies For: Jul 23

Thu, 23 Jul 2026 17:14:00 -0400

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Form PRE 14A Ocean Power Technologies For: Jul 23

Thu, 23 Jul 2026 17:14:00 -0400

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Form 8-K Ocean Power Technologies For: Jul 20

Thu, 23 Jul 2026 16:56:00 -0400

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Form 8-K Ocean Power Technologies For: Jul 20

Thu, 23 Jul 2026 16:56:00 -0400

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Ocean Power Technologies (OPTT) Misses Q4 EPS by 18c

Thu, 23 Jul 2026 16:40:36 -0400

Ocean Power Technologies (NYSE: OPTT) reported Q4 EPS of ($0.22), $0.18 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $4.07 million versus the consensus estimate of $3.2 million.

For earnings history and earnings-related data on Ocean Power Technologies (OPTT) click here.

Ocean Power Technologies acquires subsea tech assets from Columbia Power

Thu, 23 Jul 2026 16:37:53 -0400

Ocean Power Technologies, Inc. (NYSE American: OPTT) announced the acquisition of subsea developmental technology assets from Columbia Power Technologies, Inc., effective July 22, 2026.

The transaction was structured as an asset acquisition, securing intellectual property and engineering assets intended to extend OPT's capabilities from the ocean surface to the seabed. No financial terms were disclosed.

According to a press release, the acquired portfolio is designed to complement OPT's existing offerings in offshore power, autonomous surface vehicles, maritime sensing, communications, and AI-enabled software, with the addition of a subsea power capability aimed at supporting persistent underwater operations.

Philipp Stratmann, President and Chief Executive Officer

Ocean Power Technologies acquires subsea tech assets from Columbia Power

Thu, 23 Jul 2026 16:37:53 -0400

Ocean Power Technologies, Inc. (NYSE American: OPTT) announced the acquisition of subsea developmental technology assets from Columbia Power Technologies, Inc., effective July 22, 2026.

Philipp Stratmann, President and Chief Executive Officer

Ocean Power Technologies Acquires Strategic Subsea Technology to Expand Operational Infrastructure Supporting Maritime Dominance

Thu, 23 Jul 2026 16:37:00 -0400

MONROE TOWNSHIP, N.J., July 23, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), today announced the acquisition of strategic subsea developmental technology assets from Columbia Power Technologies, Inc., expanding the potential of the Company's operational infrastructure portfolio to extend its capabilities from the ocean surface to the seabed.

The acquisition strengthens OPT's position as a provider of persistent operational infrastructure supporting autonomous maritime operations.

The acquired intellectual property and engineering portfolio complements the Company's existing capabilities in offshore power, autonomous surface vehicles, maritime sensing,

Ocean Power Technologies Acquires Strategic Subsea Technology to Expand Operational Infrastructure Supporting Maritime Dominance

Thu, 23 Jul 2026 16:37:00 -0400

The acquisition strengthens OPT's position as a provider of persistent operational infrastructure supporting autonomous maritime operations.

The acquired intellectual property and engineering portfolio complements the Company's existing capabilities in offshore power, autonomous surface vehicles, maritime sensing,

Ocean Power Technologies Acquires Strategic Subsea Technology to Expand Operational Infrastructure Supporting Maritime Dominance

Thu, 23 Jul 2026 16:37:00 -0400

The acquisition strengthens OPT's position as a provider of persistent operational infrastructure supporting autonomous maritime operations.

The acquired intellectual property and engineering portfolio complements the Company's existing capabilities in offshore power, autonomous surface vehicles, maritime sensing,

Ocean Power Technologies Acquires Strategic Subsea Technology to Expand Operational Infrastructure Supporting Maritime Dominance

Thu, 23 Jul 2026 16:37:00 -0400

The acquisition strengthens OPT's position as a provider of persistent operational infrastructure supporting autonomous maritime operations.

The acquired intellectual property and engineering portfolio complements the Company's existing capabilities in offshore power, autonomous surface vehicles, maritime sensing,

Form 8-A12B/A Ocean Power Technologies

Mon, 29 Jun 2026 09:12:00 -0400

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Form 8-A12B/A Ocean Power Technologies

Mon, 29 Jun 2026 09:12:00 -0400

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Ocean Power Technologies extends its tax benefits preservation plan to 2029

Mon, 29 Jun 2026 09:09:52 -0400

Ocean Power Technologies (NYSE: OPTT) amended and restated its Section 382 Tax Benefits Preservation Plan on June 29, 2026, extending the plan's expiration from June 29, 2026 to June 29, 2029, according to a company statement.

The board of directors unanimously approved the amended plan, which is designed to protect the company's net operating losses and other tax attributes from being limited under Section 382 of the Internal Revenue Code. Under that provision, an "ownership change" — defined as certain stockholders increasing their ownership by more than 50 percentage points over a rolling three-year period — could substantially restrict the company's

Form 8-K Ocean Power Technologies For: Jun 29

Mon, 29 Jun 2026 09:07:00 -0400

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Form 8-K Ocean Power Technologies For: Jun 29

Mon, 29 Jun 2026 09:07:00 -0400

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OPT deploys PowerBuoy for Rutgers, receives drone order from Stevens

Wed, 24 Jun 2026 08:16:57 -0400

Ocean Power Technologies, Inc. (NYSE American: OPTT) announced the deployment and commissioning of a PowerBuoy® system off the coast of New Jersey for Rutgers, The State University of New Jersey, and a purchase order from Stevens Institute of Technology for a WAM-V® unmanned surface vehicle.

The Rutgers project, supported by the New Jersey Economic Development Authority, is fully installed and operational. The PowerBuoy® replaces a legacy ocean monitoring system that relied on fixed seabed cables, providing continuous offshore power and communications without permanent infrastructure. The system will support ocean research, environmental monitoring, and integration of surface and subsea sensors.

The Stevens Institute

Form 8-K Ocean Power Technologies For: Jun 08

Tue, 09 Jun 2026 16:06:00 -0400

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Form 8-K Ocean Power Technologies For: Jun 08

Tue, 09 Jun 2026 16:06:00 -0400

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Form 8-K Ocean Power Technologies For: Jun 04

Mon, 08 Jun 2026 09:03:00 -0400

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