Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Eco Wave Power Global ( (WAVE) ) has issued an update.
On July 10, 2025, Eco Wave Power Global announced its participation in the Atlantic Wave Energy Sustainable Deployment Initiative, a €2.45 million project funded by the Interreg Atlantic Area Programme. This initiative aims to promote energy efficiency and reduce greenhouse gas emissions by deploying wave energy technologies in Atlantic coastal regions. The project involves a consortium of international partners and will support Eco Wave Power’s efforts to expand its wave energy solutions, particularly in Portugal where the company is preparing for its first megawatt-scale installation.
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 impacted by weak financial performance, with consistent losses and negative cash flows. While the earnings call presents some positive developments, these are overshadowed by valuation concerns and mixed technical indicators. The company’s ability to improve operational efficiency and project execution remains critical for future performance.
To see Spark’s full report on WAVE stock, click here.
More about Eco Wave Power Global
Eco Wave Power Global AB is a leading onshore wave energy company that develops patented technology to convert ocean and sea waves into sustainable electricity. The company is recognized for its pioneering technology in Israel and is expanding globally with projects in locations such as the Port of Los Angeles, Taiwan, and Portugal. Eco Wave Power has received support from various prestigious institutions and its shares are traded on the Nasdaq Capital Market.
Average Trading Volume: 20,509
Technical Sentiment Signal: Buy
Current Market Cap: $38.79M
Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.