Ocean Power Technologies, Inc. (OPTT) is currently trading at $0.25 with a Wall Street consensus price target of $1.5, implying potential upside of 490.6% over the next 12 months. 2 analysts currently cover OPTT, with a consensus rating of Buy — 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $1.5, while the most cautious has a target of $1.5.
OPTT operates in the Industrials sector with a market capitalisation of $65M. The stock is down 20.6% year-to-date and is currently trading near the lower end of its 52-week range of $0.24 – $0.9.
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