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Eco Wave Power Global Announces Key Resolutions from 2025 Annual Meeting

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Eco Wave Power Global Announces Key Resolutions from 2025 Annual Meeting

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An update from Eco Wave Power Global ( (WAVE) ) is now available.

On June 30, 2025, Eco Wave Power Global AB held its annual general meeting, where shareholders approved the company’s amended Articles of Association and elected board members, including the re-election of Mats Andersson as chairman. The meeting also authorized the board to increase share capital and issue warrants as part of a long-term incentive program, reflecting strategic moves to strengthen the company’s financial and operational framework.

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 stock score is primarily influenced by its challenging financial position, with persistent losses and negative cash flows. Technical analysis also indicates bearish trends. Despite strategic advancements noted in the earnings call, the company’s valuation remains a significant concern due to its negative P/E ratio and lack of dividends.

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

More about Eco Wave Power Global

Eco Wave Power Global AB is a company operating in the renewable energy industry, focusing on the development and commercialization of wave energy technology. The company is dedicated to harnessing the power of ocean waves to generate clean electricity, contributing to sustainable energy solutions.

Average Trading Volume: 23,870

Technical Sentiment Signal: Hold

Current Market Cap: $36.34M

Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.

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