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Eco Wave Power Global ( (WAVE) ) has provided an announcement.
On July 14, 2025, Eco Wave Power Global announced the completion of floaters production for its first U.S. wave energy project at the Port of Los Angeles. This milestone marks a significant step in deploying the first-ever onshore wave energy pilot station in the United States, with deployment expected later this month. The project, supported by Shell’s Marine Renewable Program, highlights Eco Wave Power’s commitment to U.S. renewable energy market entry, local sourcing, and job creation, reinforcing its position in the cleantech ecosystem.
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.
The overall stock score reflects significant financial challenges, mitigated by positive technical trends and strategic progress highlighted in the earnings call. The negative valuation significantly impacts the score, indicating caution for potential investors.
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 in the U.S., Portugal, Taiwan, and India. Eco Wave Power is recognized for its innovative solutions and has received support from international organizations such as the European Union Regional Development Fund and the United Nations Global Climate Action Award.
Average Trading Volume: 20,896
Technical Sentiment Signal: Buy
Current Market Cap: $38.79M
For detailed information about WAVE stock, go to TipRanks’ Stock Analysis page.