Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Eco Wave Power Global ( (WAVE) ) is now available.
On January 12, 2026, Eco Wave Power Global reported that its EWP-EDF One pilot project at Jaffa Port, Israel, delivered strong operational performance in December 2025, producing more than 2,000 kWh of electricity over roughly 12 days of moderate wave conditions while maintaining zero downtime since the start of 2025 in waves of one metre and above. The results, which confirm robust, reliable output from a small-scale array, bolster the case for scaling the firm’s proprietary onshore wave technology to larger, commercial projects and underscore Eco Wave Power’s broader strategy of moving wave energy toward commercialisation, supported by its growing international footprint that includes a recently inaugurated project at AltaSea in the Port of Los Angeles and ongoing developments in Taiwan, India and Portugal.
The most recent analyst rating on (WAVE) stock is a Sell with a $6.50 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 overall stock score is driven by financial challenges and bearish technical indicators. However, strategic initiatives and global expansion efforts provide a positive outlook for long-term growth potential. The company’s ability to improve financial performance and capitalize on strategic projects will be crucial for future success.
To see Spark’s full report on WAVE stock, click here.
More about Eco Wave Power Global
Eco Wave Power Global AB is a Nasdaq-listed, pioneering onshore wave energy company that converts ocean and sea waves into clean, reliable and cost-efficient electricity using patented intelligent technology. The company operates Israel’s first grid-connected wave energy power station at Jaffa Port, co-funded by EDF Renewables IL and recognized as a pioneering technology by the Israeli Ministry of Energy, and it recently launched the first onshore wave energy pilot station in the Port of Los Angeles with Shell Marine Renewable Energy. Backed by international programs such as the EU Regional Development Fund, Innovate UK and Horizon 2020, and with a 404.7 MW global project pipeline in markets including Portugal, Taiwan and India, Eco Wave Power positions itself as a leading player in the emerging wave energy segment of the renewable power industry.
Average Trading Volume: 20,586
Technical Sentiment Signal: Sell
Current Market Cap: $34.83M
See more insights into WAVE stock on TipRanks’ Stock Analysis page.