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The latest announcement is out from Eco Wave Power Global ( (WAVE) ).
On July 17, 2025, Eco Wave Power Global announced the election of Hilary E. Ackermann to its Board of Directors, enhancing its U.S. strategy ahead of the official opening of its first U.S. wave energy project at the Port of Los Angeles. This appointment reflects the company’s commitment to strengthening its leadership as it accelerates commercialization, particularly in the United States, and aims to integrate wave energy into the renewable power mix. Ackermann’s extensive experience in energy sustainability and corporate governance is expected to be instrumental in supporting Eco Wave Power’s strategic growth and governance.
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 (publ) is a pioneering onshore wave energy company that transforms ocean and sea waves into clean, cost-efficient electricity using its patented technology. The company is committed to addressing climate change and operates Israel’s first grid-connected wave energy power station. It is expanding its global footprint with projects in the Port of Los Angeles, Portugal, Taiwan, and India, contributing to a project pipeline of 404.7 MW. Eco Wave Power is recognized by international organizations and its shares are listed on the Nasdaq Capital Market under the symbol ‘WAVE.’
Average Trading Volume: 19,824
Technical Sentiment Signal: Buy
Current Market Cap: $37.36M
For a thorough assessment of WAVE stock, go to TipRanks’ Stock Analysis page.