Ocean Power Technologies Inc
General ticker "OPTT" information:
- Sector: Industrials
- Industry: Electrical Equipment
- Capitalization: $30.4M
Ocean Power Technologies Inc does not follow the US Stock Market performance with the rate: -9.0%.
Estimated limits based on current volatility of 7.5%: low 0.32$, high 0.35$
Factors to consider:
- Earnings for 6 months up through Q2 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-04-30 to 2026-04-30
- 2024-04-30 to 2025-04-30 estimated range: [0.17$, 0.55$]
- 2025-04-30 to 2026-04-30 estimated range: [0.23$, 0.67$]
Financial Metrics affecting the OPTT estimates:
- Negative: Non-GAAP EPS, $ of -0.47 <= 0.10
- Negative: Operating profit margin, % of -84.18 <= 1.03
- Negative: negative Net income
- Negative: Operating cash flow per share per price, % of -68.50 <= 2.35
- Negative: Industry earnings per price (median), % of -1.18 <= 1.31
- Negative: Industry inventory ratio change (median), % of 2.29 > 0.49
- Negative: Industry operating cash flow per share per price (median), % of -7.82 <= 3.85
Short-term OPTT quotes
Long-term OPTT plot with estimates
Financial data
| YTD | 2022-04-30 | 2023-04-30 | 2024-04-30 |
|---|---|---|---|
| Operating Revenue | $1.76MM | $2.73MM | $5.53MM |
| Operating Expenses | $23.37MM | $31.95MM | $34.93MM |
| Operating Income | $-21.61MM | $-29.22MM | $-29.40MM |
| Non-Operating Income | $0.92MM | $2.61MM | $0.67MM |
| Interest Expense | $0.12MM | $0.00MM | $0.00MM |
| R&D Expense | $9.61MM | $0.00MM | $0.00MM |
| Income(Loss) | $-20.70MM | $-26.60MM | $-28.74MM |
| Taxes | $-1.82MM | $-0.28MM | $-1.25MM |
| Profit(Loss) | $-18.87MM | $-26.33MM | $-27.48MM |
| Stockholders Equity | $68.83MM | $43.95MM | $19.34MM |
| Inventory | $0.44MM | $1.04MM | $4.83MM |
| Assets | $73.39MM | $53.37MM | $28.70MM |
| Operating Cash Flow | $-21.30MM | $-21.71MM | $-29.76MM |
| Capital expenditure | $0.14MM | $1.02MM | $2.58MM |
| Investing Cash Flow | $-54.03MM | $20.46MM | $25.50MM |
| Financing Cash Flow | $0.09MM | $-0.01MM | $0.47MM |
| Earnings Per Share* | $-0.35 | $-0.47 | $-0.47 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.