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0.19
0.80%
+0.0015
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 $3.0923, representing a +1,528% increase from the current price of $0.19. The highest analyst price target is $2.9772, and the lowest is $3.2073.
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 3.7042
(+1,850% Upside)
Is Ocean Power Technologies, Inc. (OPTT) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 26.37 | Buy |
| STOCH(9,6) | 14.84 | Buy |
| STOCHRSI(14) | 63.50 | Neutral |
| MACD(12,26) | -0.0244 | Sell |
| ADX(14) | 44.74 | Sell |
| William %R | -83.93 | Buy |
| CCI(14) | -68.72 | Neutral |
Buy: 3
Sell: 2
Neutral: 2
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
0.1965
Sell
|
0.1994
Sell
|
| MA20 |
0.2244
Sell
|
0.2188
Sell
|
| MA50 |
0.2652
Sell
|
0.2531
Sell
|
| MA100 |
0.2919
Sell
|
0.2876
Sell
|
| MA200 |
0.356
Sell
|
0.3518
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, OPTT could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on OPTT, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 26.37 indicates that OPTT is oversold. This indicates that OPTT price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
- STOCH (Stochastic Oscillator): The STOCH value of 14.84 indicates that OPTT is oversold. This indicates that OPTT price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 63.5 indicates that OPTT is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of The ADX value of 44.74 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -68.72 indicates that OPTT is still oversold but not to an extreme extent.
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 $8.9342 by 2030, $3.3271 by 2040 and $12.00 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 $0.7698 in 2035, with a high prediction of $0.8488 and a low estimate of $0.7743. This indicates an $305.14% rise from the last recorded price of $0.19.
- Ocean Power Technologies, Inc. (OPTT) stock is projected to chart a bullish course in 2040, with an average price target of $3.1645, representing an $1,566% surge from its current level. The forecast ranges from a conservative $3.1846 to a sky-high $3.3271.
- Our analysts predict Ocean Power Technologies, Inc. (OPTT) to jump 3,353% by 2045, soaring from $6.6301 to an average price of $6.5601, potentially reaching $6.7722. While $6.6301 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 $11.91, a $6,171% jump from its current level. However, a wide range of estimates exists, with high and low targets of $12.00 and $11.95, 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 $5.1503 with a high forecast of $10.28 and a low forecast of $0.0185. The average prediction reflects an increase of +2,611% from the last recorded price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| May, 2024 | $3.2572 | $3.2073 | $2.9772 | +1,614% |
| June, 2024 | $3.5467 | $3.4669 | $3.4067 | +1,767% |
| July, 2024 | $3.7261 | $3.7566 | $3.6661 | +1,861% |
| August, 2024 | $3.9055 | $3.6758 | $3.7855 | +1,956% |
| September, 2024 | $3.8049 | $3.8849 | $3.9552 | +1,903% |
| October, 2024 | $3.5744 | $3.5345 | $3.6948 | +1,781% |
| November, 2024 | $3.7939 | $3.6443 | $3.634 | +1,897% |
| December, 2024 | $4.0933 | $3.7934 | $3.7236 | +2,054% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2025
Ocean Power Technologies, Inc. Stock (OPTT) is expected to reach an average price of $3.7491 in 2025, with a high prediction of $4.3907 and a low estimate of $3.1074. This indicates an +1,873% rise from the last recorded price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $4.2428 | $4.1629 | $4.1028 | +2,133% |
| February, 2025 | $4.1922 | $4.2022 | $4.1826 | +2,106% |
| March, 2025 | $4.1016 | $4.1316 | $4.0617 | +2,059% |
| April, 2025 | $4.2711 | $4.1515 | $4.2011 | +2,148% |
| May, 2025 | $4.4006 | $4.4306 | $4.3907 | +2,216% |
| June, 2025 | $4.22 | $4.30 | $4.3505 | +2,121% |
| July, 2025 | $4.1794 | $4.1998 | $4.1596 | +2,100% |
| August, 2025 | $3.7089 | $4.0489 | $4.0893 | +1,852% |
| September, 2025 | $3.7283 | $3.7484 | $3.6887 | +1,862% |
| October, 2025 | $3.1078 | $3.4173 | $3.438 | +1,536% |
| November, 2025 | $3.2273 | $3.1074 | $3.0573 | +1,599% |
| December, 2025 | $3.0966 | $3.1746 | $3.237 | +1,530% |
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 $1.8706. Estimates vary from a peak of $3.5156 to a trough of $0.2256, indicating an +884.55% surge from the present price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $2.3761 | $2.0763 | $1.8394 | +1,151% |
| February, 2026 | $0.9356 | $2.0156 | $2.206 | +392.44% |
| March, 2026 | $0.775 | $1.2955 | $1.2151 | +307.89% |
| April, 2026 | $1.7955 | $0.9245 | $1.8205 | +845.01% |
| May, 2026 | $0.916 | $0.2256 | $3.5156 | +382.12% |
| June, 2026 | $0.6733 | $0.3435 | $0.8762 | +254.39% |
| July, 2026 | $1.0928 | $0.5231 | $0.6578 | +475.17% |
| August, 2026 | $1.2122 | $1.0326 | $1.1433 | +538.00% |
| September, 2026 | $0.9617 | $0.9818 | $0.9521 | +406.15% |
| October, 2026 | $0.9712 | $0.858 | $0.6619 | +411.15% |
| November, 2026 | $1.2705 | $1.2905 | $1.1708 | +568.71% |
| December, 2026 | $1.02 | $1.0002 | $0.9403 | +436.86% |
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 $1.1559, with a high forecast of $1.5137 and a low forecast of $0.7981. This indicates an +508.36% increase from the last price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $0.7195 | $0.9194 | $0.9522 | +278.70% |
| February, 2027 | $0.899 | $0.7981 | $0.729 | +373.17% |
| March, 2027 | $1.0184 | $0.7988 | $0.9584 | +435.99% |
| April, 2027 | $0.8279 | $1.1083 | $0.908 | +335.72% |
| May, 2027 | $1.5772 | $0.9927 | $1.3372 | +730.12% |
| June, 2027 | $1.5367 | $1.5669 | $1.467 | +708.80% |
| July, 2027 | $1.3062 | $1.3253 | $1.4196 | +587.48% |
| August, 2027 | $1.0056 | $0.9658 | $0.9166 | +429.25% |
| September, 2027 | $1.2551 | $1.1355 | $1.195 | +560.57% |
| October, 2027 | $1.3646 | $1.2549 | $1.2246 | +618.19% |
| November, 2027 | $1.4889 | $1.3742 | $1.4059 | +683.65% |
| December, 2027 | $1.4334 | $1.4834 | $1.5137 | +654.43% |
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 $0.8151, with a high projection of $1.1333 and a low estimate of $0.4968. This indicates an +328.97% rise from the last price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.8828 | $0.8587 | $1.1333 | +364.62% |
| February, 2028 | $0.8897 | $0.8925 | $0.813 | +368.25% |
| March, 2028 | $0.9118 | $0.9221 | $0.957 | +379.88% |
| April, 2028 | $0.9813 | $0.9716 | $0.9618 | +416.45% |
| May, 2028 | $0.9836 | $0.9711 | $0.9606 | +417.70% |
| June, 2028 | $1.0266 | $0.9653 | $0.9774 | +440.32% |
| July, 2028 | $0.7195 | $0.7281 | $1.0065 | +278.67% |
| August, 2028 | $0.731 | $0.7393 | $0.709 | +284.72% |
| September, 2028 | $0.7185 | $0.7285 | $0.7097 | +278.14% |
| October, 2028 | $0.6079 | $0.6578 | $0.6782 | +219.96% |
| November, 2028 | $0.5873 | $0.5973 | $0.5904 | +209.11% |
| December, 2028 | $0.4468 | $0.4968 | $0.5472 | +135.16% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2029
The 2029 price forecast for Ocean Power Technologies, Inc. Stock (OPTT) is $4.4089 on average, with a high prediction of $8.8052 and a low estimate of $0.0126. This represents an +2,220% increase from the previous price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.2873 | $0.3252 | $0.3159 | +51.20% |
| February, 2029 | $0.2297 | $0.2357 | $0.2187 | +20.88% |
| March, 2029 | $0.3155 | $0.2555 | $0.2552 | +66.03% |
| April, 2029 | $0.2471 | $0.2519 | $0.2412 | +30.06% |
| May, 2029 | $0.215 | $0.219 | $0.2244 | +13.16% |
| June, 2029 | $0.2134 | $0.2225 | $0.1938 | +12.32% |
| July, 2029 | $0.046 | $0.0474 | $0.1534 | -75.81% |
| August, 2029 | $5.6797 | $0.0126 | $5.4797 | +2,889% |
| September, 2029 | $6.3187 | $5.1992 | $4.9187 | +3,226% |
| October, 2029 | $6.1175 | $6.2382 | $5.8785 | +3,120% |
| November, 2029 | $7.0964 | $6.0369 | $5.6772 | +3,635% |
| December, 2029 | $9.2152 | $7.7062 | $8.8052 | +4,750% |
Ocean Power Technologies, Inc. Stock (OPTT) Price Forecast for 2030
Ocean Power Technologies, Inc. Stock (OPTT) is expected to reach an average price of $9.1897 in 2030, with a high forecast of $9.4503 and a low forecast of $8.9291. This signifies an +4,737% surge from the last price of $0.19.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $9.3742 | $9.0447 | $8.9342 | +4,834% |
| February, 2030 | $9.3031 | $9.2439 | $9.1434 | +4,796% |
| March, 2030 | $9.3621 | $9.4421 | $9.3021 | +4,827% |
| April, 2030 | $9.5208 | $9.2716 | $9.3411 | +4,911% |
| May, 2030 | $9.2598 | $9.3398 | $9.4503 | +4,774% |
| June, 2030 | $8.9488 | $8.9291 | $9.1296 | +4,610% |
| July, 2030 | $9.0475 | $8.9986 | $8.948 | +4,662% |
| August, 2030 | $9.2865 | $9.0068 | $8.9773 | +4,788% |
| September, 2030 | $9.3952 | $9.2958 | $9.2752 | +4,845% |
| October, 2030 | $9.1042 | $9.1942 | $9.205 | +4,692% |
| November, 2030 | $9.0332 | $9.0632 | $9.0135 | +4,654% |
| December, 2030 | $9.2019 | $9.063 | $9.0522 | +4,743% |
2.52%
0.22%
Cap:
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Volume (24h):