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Eco Wave Power Global ( (WAVE) ) just unveiled an update.
On September 16, 2025, Eco Wave Power Global announced a collaboration with BladeRanger Ltd. to introduce drone-powered maintenance for its onshore wave energy systems. This partnership, demonstrated at the Jaffa Port project in Israel, aims to reduce operational costs and downtime while increasing energy output. The integration of BladeRanger’s drone technology is expected to enhance the competitiveness of wave power compared to other renewable sources, with potential long-term strategic collaboration for global deployment.
The most recent analyst rating on (WAVE) stock is a Hold with a $8.50 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 stock score is primarily impacted by its challenging financial performance, with consistent losses and cash flow issues. However, the company’s strategic global expansion and successful project execution provide a positive outlook for long-term growth. Technical indicators suggest moderate strength, but valuation remains a concern due to ongoing losses.
To see Spark’s full report on WAVE stock, click here.
More about Eco Wave Power Global
Eco Wave Power Global AB is a pioneering company in the onshore wave energy sector, transforming ocean and sea waves into clean and cost-efficient electricity using patented technology. The company operates Israel’s first grid-connected wave energy power station and is expanding globally with projects in Los Angeles, Portugal, Taiwan, and India. Eco Wave Power has received recognition from international organizations such as the European Union Regional Development Fund and the United Nations Global Climate Action Award.
Average Trading Volume: 25,783
Technical Sentiment Signal: Buy
Current Market Cap: $55.55M
See more insights into WAVE stock on TipRanks’ Stock Analysis page.