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0.3686
26.28%
0.0767
After Hours:
.38
0.0114
+3.09%
Ocean Power Technologies, Inc. Stock (OPTT) Forecast
The Ocean Power Technologies, Inc. (OPTT) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $0.7711, representing a +109.20% increase from the current price of $0.3686. The highest analyst price target is $0.7516, and the lowest is $0.7906.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month OPTT Price Target
Average 0.8522
(+131.21% Upside)
Is Ocean Power Technologies, Inc. (OPTT) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 92.67 | Sell |
| STOCH(9,6) | 69.42 | Neutral |
| STOCHRSI(14) | 100.00 | Sell |
| MACD(12,26) | 0.0261 | Buy |
| ADX(14) | 26.76 | Buy |
| William %R | -20.29 | Neutral |
| CCI(14) | 318.62 | Buy |
Buy: 3
Sell: 2
Neutral: 2
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
0.1881
Buy
|
0.2145
Buy
|
| MA20 |
0.1681
Buy
|
0.1857
Buy
|
| MA50 |
0.1625
Buy
|
0.1751
Buy
|
| MA100 |
0.2017
Buy
|
0.1891
Buy
|
| MA200 |
0.2182
Buy
|
0.2288
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, OPTT could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 2 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on OPTT, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 92.67 indicates that OPTT is overbought. This suggests that OPTT price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
- STOCH (Stochastic Oscillator): The STOCH value of 69.42 indicates that OPTT is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that OPTT is oversold. This suggests that OPTT price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 26.76 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 318.62 indicates that OPTT is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.
Long-term OPTT price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Ocean Power Technologies, Inc. financial reports and earnings history, Ocean Power Technologies, Inc. (OPTT) stock could reach $1.8669 by 2030, $1.2124 by 2040 and $3.6642 by 2050. See the projected annual prices until 2050 of the Ocean Power Technologies, Inc. stock below:
- Ocean Power Technologies, Inc. (OPTT) is expected to reach an average price of $0.40 in 2035, with a high prediction of $0.4289 and a low estimate of $0.4106. This indicates an $8.51% rise from the last recorded price of $0.3686.
- Ocean Power Technologies, Inc. (OPTT) stock is projected to chart a bullish course in 2040, with an average price target of $1.1875, representing an $222.16% surge from its current level. The forecast ranges from a conservative $1.1995 to a sky-high $1.2124.
- Our analysts predict Ocean Power Technologies, Inc. (OPTT) to jump 500.71% by 2045, soaring from $2.24 to an average price of $2.2142, potentially reaching $2.2646. While $2.24 is the low estimate, the potential upside is significant.
- Ocean Power Technologies, Inc. (OPTT) stock is expected to climb by 2050, reaching an average of $3.4495, a $835.85% jump from its current level. However, a wide range of estimates exists, with high and low targets of $3.6642 and $3.6695, respectively, highlighting the market's uncertainty.
Ocean Power Technologies, Inc. Stock (OPTT) Year by Year Forecast
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2024
Our forecast for OPTT stock price in 2024 now indicates an average price target of $0.43 with a high forecast of $0.8163 and a low forecast of $0.0437. The average prediction reflects an increase of +16.66% from the last recorded price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $0.8216 | $0.7906 | $0.7516 | +122.91% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2025
Ocean Power Technologies, Inc. Stock (OPTT) is expected to reach an average price of $1.1735 in 2025, with a high prediction of $2.214 and a low estimate of $0.133. This indicates an +218.37% rise from the last recorded price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $0.9501 | $0.9464 | $0.899 | +157.75% |
| February, 2025 | $0.9348 | $0.9411 | $0.8748 | +153.61% |
| March, 2025 | $1.1196 | $0.9585 | $1.0096 | +203.73% |
| April, 2025 | $1.338 | $1.2033 | $1.3143 | +262.99% |
| May, 2025 | $1.2927 | $1.3091 | $1.3017 | +250.72% |
| June, 2025 | $1.2375 | $1.2201 | $1.2075 | +235.73% |
| July, 2025 | $0.8259 | $1.1622 | $1.2112 | +124.07% |
| August, 2025 | $0.9007 | $0.9207 | $0.837 | +144.35% |
| September, 2025 | $0.5354 | $0.8054 | $0.8043 | +45.25% |
| October, 2025 | $0.5238 | $0.3902 | $0.3538 | +42.12% |
| November, 2025 | $0.5086 | $0.5685 | $0.5612 | +37.98% |
| December, 2025 | $0.203 | $0.133 | $2.214 | -44.93% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2026
The predicted value for Ocean Power Technologies, Inc. (OPTT) in 2026 is set at an average of $2.9835. Estimates vary from a peak of $5.9014 to a trough of $0.0656, indicating an +709.41% surge from the present price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $1.5882 | $0.0656 | $2.9982 | +330.89% |
| February, 2026 | $1.1135 | $0.7372 | $1.5646 | +202.09% |
| March, 2026 | $1.4688 | $1.0998 | $2.3388 | +298.47% |
| April, 2026 | $3.2603 | $1.4751 | $5.9014 | +784.52% |
| May, 2026 | $2.2256 | $0.768 | $3.2066 | +503.79% |
| June, 2026 | $1.6108 | $1.1819 | $2.2419 | +337.01% |
| July, 2026 | $0.8324 | $0.5224 | $1.5621 | +125.83% |
| August, 2026 | $1.3177 | $0.7287 | $1.4677 | +257.48% |
| September, 2026 | $1.0692 | $0.9992 | $2.0329 | +190.08% |
| October, 2026 | $0.6945 | $0.5319 | $1.0705 | +88.41% |
| November, 2026 | $1.0297 | $0.6471 | $1.0797 | +179.36% |
| December, 2026 | $1.1413 | $0.6387 | $1.6013 | +209.63% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Ocean Power Technologies, Inc. (OPTT) is $0.6347, with a high forecast of $1.2655 and a low forecast of $0.0039. This indicates an +72.19% increase from the last price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $0.9066 | $0.8039 | $1.1876 | +145.95% |
| February, 2027 | $0.7518 | $0.7218 | $1.2655 | +103.97% |
| March, 2027 | $0.8534 | $0.4271 | $0.9834 | +131.52% |
| April, 2027 | $0.2586 | $0.1994 | $0.8197 | -29.83% |
| May, 2027 | $0.0439 | $0.0039 | $0.275 | -88.09% |
| June, 2027 | $0.1955 | $0.0128 | $0.3855 | -46.97% |
| July, 2027 | $0.4407 | $0.2318 | $0.9018 | +19.57% |
| August, 2027 | $0.146 | $0.116 | $0.516 | -60.40% |
| September, 2027 | $0.0425 | $0.0151 | $0.2386 | -88.48% |
| October, 2027 | $0.3832 | $0.0935 | $0.0772 | +3.96% |
| November, 2027 | $0.2318 | $0.3183 | $0.2883 | -37.10% |
| December, 2027 | $0.4096 | $0.0335 | $0.4396 | +11.13% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2028
In 2028, Ocean Power Technologies, Inc. (OPTT) is projected to reach an average price of $0.3412, with a high projection of $0.6659 and a low estimate of $0.0165. This indicates an -7.43% fall from the last price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.2349 | $0.166 | $0.6659 | -36.28% |
| February, 2028 | $0.0401 | $0.045 | $0.2975 | -89.11% |
| March, 2028 | $0.0183 | $0.0183 | $0.2193 | -95.04% |
| April, 2028 | $0.078 | $0.022 | $0.0468 | -78.83% |
| May, 2028 | $0.188 | $0.0852 | $0.1388 | -49.00% |
| June, 2028 | $0.0658 | $0.0214 | $0.1817 | -82.15% |
| July, 2028 | $0.0191 | $0.0165 | $0.1001 | -94.83% |
| August, 2028 | $0.0594 | $0.052 | $0.0247 | -83.89% |
| September, 2028 | $0.0605 | $0.0719 | $0.0605 | -83.58% |
| October, 2028 | $0.0538 | $0.0565 | $0.0419 | -85.41% |
| November, 2028 | $0.0327 | $0.0173 | $0.0327 | -91.13% |
| December, 2028 | $0.0979 | $0.03 | $0.1562 | -73.43% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2029
The 2029 price forecast for Ocean Power Technologies, Inc. Stock (OPTT) is $0.7004 on average, with a high prediction of $1.40 and a low estimate of $0.000749. This represents an +90.01% increase from the previous price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.1255 | $0.0853 | $0.2859 | -65.95% |
| February, 2029 | $0.0155 | $0.00155 | $0.1457 | -95.79% |
| March, 2029 | $0.0186 | $0.0149 | $0.0597 | -94.96% |
| April, 2029 | $0.0327 | $0.0211 | $0.0124 | -91.12% |
| May, 2029 | $0.0931 | $0.0434 | $0.0595 | -74.75% |
| June, 2029 | $0.0451 | $0.0171 | $0.047 | -87.76% |
| July, 2029 | $0.00336 | $0.00236 | $0.0663 | -99.09% |
| August, 2029 | $0.0209 | $0.000749 | $0.0566 | -94.32% |
| September, 2029 | $0.0362 | $0.00655 | $0.1079 | -90.18% |
| October, 2029 | $0.0468 | $0.0131 | $0.0958 | -87.32% |
| November, 2029 | $0.02 | $0.0224 | $0.0637 | -94.58% |
| December, 2029 | $1.84 | $0.00293 | $1.40 | +399.19% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2030
Ocean Power Technologies, Inc. Stock (OPTT) is expected to reach an average price of $2.383 in 2030, with a high forecast of $3.0286 and a low forecast of $1.7374. This signifies an +546.50% surge from the last price of $0.3686.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $2.0169 | $1.7374 | $1.8669 | +447.17% |
| February, 2030 | $1.8964 | $2.0742 | $1.989 | +414.47% |
| March, 2030 | $2.3458 | $2.0137 | $2.1658 | +536.42% |
| April, 2030 | $2.1953 | $2.2753 | $2.3306 | +495.59% |
| May, 2030 | $1.9922 | $1.9474 | $2.0927 | +440.48% |
| June, 2030 | $2.2317 | $2.1496 | $2.0769 | +505.45% |
| July, 2030 | $2.6085 | $2.2664 | $2.5685 | +607.69% |
| August, 2030 | $2.828 | $2.6733 | $2.708 | +667.24% |
| September, 2030 | $2.6475 | $2.7375 | $2.6702 | +618.26% |
| October, 2030 | $2.7144 | $2.7096 | $2.6744 | +636.40% |
| November, 2030 | $2.9939 | $2.8418 | $2.8439 | +712.23% |
| December, 2030 | $3.0234 | $3.0634 | $3.0286 | +720.23% |
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