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An update from Eco Wave Power Global ( (WAVE) ) is now available.
On August 11, 2025, Eco Wave Power Global announced the completion of its U.S. pilot project installation at the Port of Los Angeles, marking a significant milestone in its U.S. operations. This project, which includes wave energy floaters and an onshore energy conversion unit, is set to begin operational testing and will be unveiled on September 9, 2025. The Los Angeles project serves as a demonstration station aimed at showcasing Eco Wave Power’s technology, facilitating environmental monitoring, and laying the groundwork for future commercial projects in the U.S. This initiative strengthens the company’s global project pipeline and positions it as a leader in advancing wave energy technology.
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 score reflects its challenging financial situation, with persistent losses and cash flow issues being the most significant factors. Technical analysis shows positive momentum, providing some optimism. Strategic advancements highlighted in the earnings call add a positive outlook, but increased expenses and reduced cash reserves remain concerns.
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 globally with projects in the Port of Los Angeles, Portugal, Taiwan, and India. It has received support from international organizations like the European Union Regional Development Fund and the United Nations Global Climate Action Award.
Average Trading Volume: 20,775
Technical Sentiment Signal: Buy
Current Market Cap: $46.03M
Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.
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