OPTT Stock Analysis: Buy, Sell, or Hold?
OPTT - Ocean Power Technologies, Inc.
$0.40
-0.02 (-5.77%)
▼
5d:
+8.27%
30d:
+11.32%
90d:
-6.35%
HOLD
MODERATE Confidence
Analysis Updated: Jun 3, 2026 12:00 AM ET
Earnings: Jul 23, 2026
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6 traders called OPTT this week
100% bullish • 0 bearish
100% bullish • 0 bearish
Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: OPTT shows balanced signals. Fine to hold or accumulate slowly. Monitor for clearer direction.
📊 HOLD: OPTT shows balanced signals. Fine to hold or accumulate slowly. Monitor for clearer direction.
In-depth Analysis How we analyze
Valuation Analysis: OPTT is currently trading at $0.40, which is considered extended relative to its 30-day fair value range of $0.33 to $0.38.
Technical Outlook: Technically, OPTT is in a downtrend. Immediate support is located at $0.31, while resistance sits at $0.42. Short-term momentum is weak, with the stock down 5.8% recently.
Market Sentiment: OPTT has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $1.50 (+279.6%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, OPTT is in a downtrend. Immediate support is located at $0.31, while resistance sits at $0.42. Short-term momentum is weak, with the stock down 5.8% recently.
Market Sentiment: OPTT has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $1.50 (+279.6%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$0.33 -
$0.38
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
57.9%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-5.8%)
- BULLISH: Trading 279.6% below Wall St target ($1.50)
Trading Range Analysis
30-Day Trading Range
$0.33 -
$0.38
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$0.31
Resistance Level
$0.43
Current Trend
Downtrend
Technical data as of
Jun 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-4.39
Wall Street Target
$1.50
(+279.6%)
Revenue Growth (YoY)
-37.8%
Share & Embed Analysis
Last updated: June 03, 2026 5:36 PM ET
Data refreshes hourly during market hours. Next update: 6:36 PM
Data refreshes hourly during market hours. Next update: 6:36 PM
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Technical Signals Check
Is OPTT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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