Ocean Power Technologies (OPTT) Stock: Buy, Sell, or Hold?
OPTT - Ocean Power Technologies, Inc.
$2.68
2.57 (2416.43%)
β²
5d:
+1330.1%
30d:
+1207.32%
90d:
+877.39%
WAIT
LOW Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Sep 21, 2026
6d
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Interactive Price Chart (1 Month)
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Bottom Line:
βΈοΈ WAIT FOR BETTER ENTRY: OPTT is 1240.0% above its trading range ($0.20). While momentum could continue, risk/reward favors waiting for a pullback.
βΈοΈ WAIT FOR BETTER ENTRY: OPTT is 1240.0% above its trading range ($0.20). While momentum could continue, risk/reward favors waiting for a pullback.
In-depth Analysis How we analyze
Valuation Analysis: OPTT is currently trading at $2.68, which is considered oversold relative to its 30-day fair value range of $0.16 to $0.20.
Technical Outlook: Technically, OPTT is in a strong downtrend. The price is approaching resistance at $0.20. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 2416.4% recently.
Market Sentiment: The stock scores a mixed 45/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $1.50 (+1308.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, OPTT is in a strong downtrend. The price is approaching resistance at $0.20. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 2416.4% recently.
Market Sentiment: The stock scores a mixed 45/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $1.50 (+1308.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$0.16 -
$0.20
Company Quality Score
49/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
87.9%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (45/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+2416.4%)
- BULLISH: Trading 1308.5% below Wall St target ($1.50)
- WARNING: Composite score 48/100 in the bottom quintile β this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$0.16 -
$0.20
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$0.10
Resistance Level
$0.20
Current Trend
Strong Downtrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-1.18
Wall Street Target
$1.50
(+1308.5%)
Revenue Growth (YoY)
22.9%
Share & Embed Analysis
Last updated: September 14, 2026 11:02 AM ET
Data refreshes hourly during market hours. Next update: 12:02 PM
Data refreshes hourly during market hours. Next update: 12:02 PM
π₯ Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
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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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