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Eco Wave Power Global ( (WAVE) ) just unveiled an announcement.
On October 14, 2025, Eco Wave Power Global announced that its wave energy pilot project at AltaSea in the Port of Los Angeles was named to TIME’s 2025 Best Inventions list. This recognition underscores the project’s significance in advancing wave energy as a sustainable and predictable electricity source. The Los Angeles pilot, developed with Shell Marine Renewable Energy, is the first onshore wave energy installation in the U.S. and serves as a proof-of-concept for future deployments. This accolade highlights Eco Wave Power’s role in addressing climate change and its potential for broader deployment, complementing its global expansion efforts.
The most recent analyst rating on (WAVE) stock is a Hold with a $8.50 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 its challenging financial performance and valuation concerns. However, the positive sentiment from the earnings call, highlighting strategic expansion and project execution, provides some optimism for future growth. Technical analysis indicates a neutral trend, contributing moderately to the score.
To see Spark’s full report on WAVE stock, click here.
More about Eco Wave Power Global
Eco Wave Power Global is a pioneering onshore wave energy company that transforms ocean and sea waves into clean, reliable, and cost-efficient electricity through its patented technology. The company operates Israel’s first grid-connected wave energy power station and recently launched the first-ever onshore wave energy pilot station in the United States. It is expanding globally with projects in Portugal, Taiwan, and India, supported by international organizations like the European Union Regional Development Fund and the United Nations.
Average Trading Volume: 27,272
Technical Sentiment Signal: Buy
Current Market Cap: $47.32M
Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.