Ocean Power Technologies (OPTT) Stock: Buy, Sell, or Hold?
OPTT - Ocean Power Technologies, Inc.
$0.66
-0.06 (-8.45%)
▼
5d:
-31.67%
30d:
-67.96%
90d:
+233.28%
HOLD
LOW Confidence
Analysis Updated: Oct 14, 2026 12:00 AM ET
Earnings: Sep 21, 2026
0d
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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 $0.66, which is considered slightly low relative to its 30-day fair value range of $0.56 to $2.05.
Technical Outlook: Technically, OPTT is in a uptrend. Immediate support is located at $0.62, while resistance sits at $1.38. Short-term momentum is weak, with the stock down 8.4% recently.
Market Sentiment: OPTT scores 60/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $45.00 (+6750.4%). 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 uptrend. Immediate support is located at $0.62, while resistance sits at $1.38. Short-term momentum is weak, with the stock down 8.4% recently.
Market Sentiment: OPTT scores 60/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $45.00 (+6750.4%). 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
SLIGHTLY LOW
Historical Trading Range
$0.56 -
$2.05
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
89.5%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-8.4%)
- BULLISH: Trading 6750.4% below Wall St target ($45.00)
- CAUTION: Bottoming setup, but lagging the sector by 67% over 20 days — wait for relative strength
- CAUTION: 5-day price weakness (-31.7%) - monitor closely
Trading Range Analysis
30-Day Trading Range
$0.56 -
$2.05
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$0.62
Resistance Level
$1.38
Current Trend
Uptrend
Technical data as of
Oct 14, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-7.30
Wall Street Target
$45.00
(+6750.4%)
Revenue Growth (YoY)
44.1%
Share & Embed Analysis
Last updated: October 15, 2026 4:11 AM ET
Data refreshes hourly during market hours. Next update: 5:11 AM
Data refreshes hourly during market hours. Next update: 5:11 AM
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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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