Ocean Power Techs Stock Price and Forecasts: Essential Facts and Figures.

Ocean Power Technologies (OPTT) is a company in the Industrials sector and Electrical Equipment industry, listed on the AMEX. The stock price as of July 25, 2025, is $0.6665. The company has no upcoming dividends, and its Q1 earnings are confirmed for September 15, 2025. There is no analysis for OPTT to provide a consensus price target. Competitors include Broadwind, Bloom Energy, Nano Nuclear Energy, TPI Composites, and Polar Power.

Ocean Power Technologies, Inc. (OPTT), a leader in intelligent maritime solutions, has announced its financial results for the fiscal fourth quarter (4Q25) and the full year ended April 30, 2025 (FY25). The company reported a significant increase in its backlog and pipeline, highlighting its strong market position and growth prospects.

Key Highlights:

- Backlog and Pipeline Growth: The company's backlog increased by 158% to $12.5 million as of April 30, 2025, compared to $4.9 million at the same date in 2024. The pipeline, which represents the journey potential customers take from awareness to becoming paying customers, grew by 88% to $137.5 million, up from $71.6 million in April 2024.

- Revenue and Expenses: Revenues for FY25 increased by 6% to $5.9 million, while gross profit decreased to $1.7 million from $2.8 million in FY24. Operating expenses decreased by 28% to $23.3 million, contributing to a net loss of $21.5 million, compared to a net loss of $27.5 million in FY24.

- Global Deployments: OPTT shipped an AI-enabled Merrows™ PowerBuoy® to a Middle Eastern customer, secured a new contract with an international defense agency for WAM-V® unmanned surface vehicles, and received multi-million-dollar orders for PowerBuoy® and WAM-V® systems from Latin American customers.

- Strategic Partnerships: The company signed a $3 million reseller agreement with a leading Mexican engineering firm to expand its reach across Central America. It also formed exclusive distribution and integration alliances with several firms in the Middle East, Colombia, and Brazil.

- ISO 9001 Certification: OPTT achieved ISO 9001 certification for its quality management system, a globally recognized benchmark for excellence in engineering, manufacturing, and service delivery.

- Facility Security Clearance: The company's New Jersey headquarters and primary assembly facility received a U.S. Department of Defense Facility Security Clearance, enhancing its eligibility for future defense contracts.

Management Commentary:

Dr. Philipp Stratmann, OPT's President and Chief Executive Officer, commented, "Fiscal 2025 was a pivotal year for Ocean Power Technologies as we transitioned from proving our technology to scaling our impact. We secured a Facility Security Clearance from the U.S. Department of Defense and executed key international deployments across the Middle East and Latin America. With record backlog of $12.5 million, a solid balance sheet, and growing demand from allied nations, we are entering fiscal 2026 with line of sight to transformational scale."

Investor Implications:

The company's strong pipeline and backlog growth, coupled with strategic partnerships and global deployments, suggest a promising outlook for FY26. However, the decrease in gross profit and the net loss indicate that the company is still in a growth phase and may require additional capital to support its expansion plans.

References:

[1] https://investors.oceanpowertechnologies.com/news-releases/news-release-details/ocean-power-technologies-inc-announces-fourth-quarter-and-full-1