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The latest update is out from Eco Wave Power Global ( (WAVE) ).
On August 19, 2025, Eco Wave Power Global announced that its partner, I-KE International Ocean Energy Co., has been awarded a land use tender for a wave energy project at Suao Port, Taiwan. This marks the first time a commercial port in Taiwan has been opened for wave power testing, aligning with the country’s renewable energy transition strategy. The project will deploy Taiwan’s first 100 kW onshore wave energy conversion unit, setting a precedent for future developments and positioning Suao Port as a green energy demonstration hub.
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 company in the onshore wave energy industry, transforming 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 planned in locations such as the Port of Los Angeles, Portugal, Taiwan, and India.
Average Trading Volume: 20,283
Technical Sentiment Signal: Buy
Current Market Cap: $44.63M
Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.