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Eco Wave Power Achieves Key Milestone in U.S. Wave Energy Project

Story Highlights
  • Eco Wave Power completed floater installations for its first U.S. project at the Port of Los Angeles.
  • The project is a strategic step for Eco Wave Power’s U.S. market entry, with a focus on technology validation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eco Wave Power Achieves Key Milestone in U.S. Wave Energy Project

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Eco Wave Power Global ( (WAVE) ) just unveiled an update.

On July 28, 2025, Eco Wave Power Global announced the completion of floater installations for its first U.S. wave energy project at the Port of Los Angeles, marking a significant milestone ahead of its official unveiling on September 9, 2025. This demonstration pilot aims to validate the company’s wave energy technology in real-world conditions and is a strategic step for Eco Wave Power’s entry into the U.S. market, with goals including environmental impact studies and gaining experience in U.S. licensing processes.

The most recent analyst rating on (WAVE) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Eco Wave Power Global stock, see the WAVE Stock Forecast page.

Spark’s Take on WAVE Stock

According to Spark, TipRanks’ AI Analyst, WAVE is a Neutral.

Eco Wave Power Global’s overall stock score reflects a challenging financial situation with consistent losses and cash flow issues, but it benefits from strong market momentum and positive strategic developments. The unattractive valuation and financial weaknesses are partially offset by the positive outlook from recent earnings call highlights.

To see Spark’s full report on WAVE stock, click here.

More about Eco Wave Power Global

Eco Wave Power Global AB (publ) is a pioneering onshore wave energy company that transforms ocean and sea waves into clean, cost-efficient electricity using its patented technology. The company operates Israel’s first grid-connected wave energy power station and is expanding its global footprint with projects planned in locations such as the Port of Los Angeles, Portugal, Taiwan, and India. Eco Wave Power is recognized by international organizations and its shares are listed on the Nasdaq Capital Market under the symbol ‘WAVE’.

Average Trading Volume: 20,881

Technical Sentiment Signal: Buy

Current Market Cap: $53.42M

See more data about WAVE stock on TipRanks’ Stock Analysis page.

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