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Eco Wave Power Global ( (WAVE) ) has provided an announcement.
On July 21, 2025, Eco Wave Power Global announced a partnership with C&S Welding Inc. to deliver its first U.S. wave energy pilot at the Port of Los Angeles. This agreement marks a significant milestone in Eco Wave Power’s U.S. expansion, with the installation of wave energy floaters and an energy conversion unit. The collaboration with C&S Welding, a reputable California-based contractor, represents the final operational step before deployment, highlighting the potential for wave energy technology to contribute to sustainable energy solutions in the U.S.
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 for Eco Wave Power Global is driven primarily by financial performance challenges, including consistent losses and negative cash flows. Technical analysis provides some short-term optimism, but valuation concerns due to negative earnings weigh heavily on the score. Positive earnings call sentiment wasn’t included in the weighting, but it suggests potential future improvement.
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 industry, transforming ocean and sea waves into clean, cost-efficient electricity with 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 Port of Los Angeles, Portugal, Taiwan, and India. It is recognized by international organizations such as the European Union Regional Development Fund and the United Nations Global Climate Action Award.
Average Trading Volume: 19,677
Technical Sentiment Signal: Buy
Current Market Cap: $41.45M
For a thorough assessment of WAVE stock, go to TipRanks’ Stock Analysis page.