Ladenburg Thalmann initiated coverage on Ocean Power Tech with a new price target
$OPTT
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Ladenburg Thalmann initiated coverage of Ocean Power Tech with a rating of Buy and set a new price target of $1.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2025 | $1.50 | Buy | H.C. Wainwright |
| 9/24/2025 | $1.50 | Buy | Ladenburg Thalmann |
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
4 - Ocean Power Technologies, Inc. (0001378140) (Issuer)
H.C. Wainwright initiated coverage of Ocean Power Tech with a rating of Buy and set a new price target of $1.50
Ladenburg Thalmann initiated coverage of Ocean Power Tech with a rating of Buy and set a new price target of $1.50
8-A12B/A - Ocean Power Technologies, Inc. (0001378140) (Filer)
8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
8-K - Ocean Power Technologies, Inc. (0001378140) (Filer)
MONROE TOWNSHIP, N.J., July 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) today announced that it has received notification from the U.S. Government that its maritime drone technology, the WAM-V unmanned surface vehicle (USV), has been selected for further engagement following a recent competitive capability assessment. The notification represents another step in OPT's ongoing engagement with the U.S. Government and validates the Company's continued investment in autonomous maritime capabilities. While not a contract award, the selection creates an opportunity for future technical engagement and reinforces the growing relevance of OPT's USV platform to U.S. defen
MONROE TOWNSHIP, N.J., July 01, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a provider of autonomous maritime systems and offshore power solutions, today highlighted recent international activities supporting maritime security and autonomous systems operations across Europe. During the past few weeks, OPT completed customer training and maritime drone handover activities in Italy and Greece, supporting the successful deployment and operation of autonomous maritime systems by international customers. In addition, OPT participated in the 11th National Maritime Security Forum in Warsaw, Poland, where Nicholas Woodhams, OPT’s General Manager A
MONROE TOWNSHIP, N.J., June 29, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a provider of autonomous maritime systems and offshore power solutions, today announced that its Board of Directors (the "Board") has unanimously approved the amendment and restatement of its Section 382 Tax Benefits Preservation Plan, dated June 29, 2023 (the "Tax Benefits Preservation Plan"), to, among other things, extend its expiration time from the close of business on June 29, 2026 to the close of business on June 29, 2029. OPT has extended the Tax Benefits Preservation Plan through the close of business on June 29, 2029 to protect the availability and potent
SC 13G/A - Ocean Power Technologies, Inc. (0001378140) (Subject)
SC 13G - Ocean Power Technologies, Inc. (0001378140) (Subject)
SC 13D/A - Ocean Power Technologies, Inc. (0001378140) (Subject)
DENVER, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Markets are waking up to a distinctly forward-looking tape, with investors parsing developments that point to shifts in Artificial Intelligence infrastructure, advanced sensing, defense-aligned energy systems, and deep-tech R&D platforms. Envirotech Vehicles (NASDAQ:EVTV): Strategic Pivot Toward AI Infrastructure Envirotech Vehicles is in focus after announcing an amended and restated Letter of Intent to acquire AZIO AI Corporation, a move that could dramatically reshape the company's long-term identity. The proposed all-equity transaction values AZIO AI at an assumed enterprise value of $480 million, using a $3.00 per share reference price for E
MONROE TOWNSHIP, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it will exhibit at NAVDEX in Abu Dhabi with Remah International Group ("RIG"), a privately held and UAE headquartered company with a focus on both military and civilian services. This follows OPT's appointment of RIG as its distributor for defense and security solutions in the UAE in late 2024. RIG, through its locally owned group of 48 companies, partners with industry leading solution providers globally like Red Cat and SAAB, to ensure the highest levels
MONROE TOWNSHIP, N.J., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that concurrent with the completion of the Company's 2024 Annual Meeting of Stockholders on January 16, 2025, the OPT Board of Directors has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A. "Digger" DiGuardo and Rear Admiral Victorino "Vic" Mercado as Advisory Board Members. The Advisory Board Members will provide advice and recommendations to the OPT Board with respect to matters as the Board may from time-to-time request concerning operations, s
MONROE TOWNSHIP, N.J., March 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced financial results, including record backlog, for its fiscal third quarter ("3Q26") ended January 31, 2026. Highlights include: 3Q26 RESULTS and RECENT HIGHLIGHTS OPT secured a multi-buoy contract totaling approximately $6.5 million from the U.S. Department of Homeland Security ("DHS") supporting a U.S. Coast Guard maritime domain awareness mission off San Diego. The award provides multi-quarter revenue visibility, with delivery of four newly built MERROWS®-equipped PowerBuoy® systems beginning in Q4 of fiscal 2026. The contract further advances ou
MONROE TOWNSHIP, N.J., March 11, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), today announced preliminary financial results for the third quarter ended January 31, 2026 (Q3FY26). The preliminary results included in this press release are subject to change and have not been audited or reviewed by our independent auditor. The Company expects to file its third quarter financial results and update after market close on March 17, 2026. 3Q26 RESULTS and RECENT HIGHLIGHTS Backlog as of January 31, 2026 was approximately $19.9 million, an increase of $12.4 million and 165% over the prior year period.Pipeline as of January 31, 2026 stands at $163.
MONROE TOWNSHIP, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE:OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will release earnings for its fiscal 2026 third quarter ended January 31, 2026 on Tuesday March 17, 2026. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT's financial results will be held on Wednesday March 18, 2026 at 9:00 AM EST. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call. The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345.Live webcast: Webcast | Ocean Power Technologies FY