Eco Wave Power management to meet virtually with Maxim

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Feb 26 2025

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WAVE0%

Should l Buy WAVE?

Virtual Meeting Announcement: A virtual meeting is scheduled for February 26, hosted by Maxim.
Training Data Reference: The information is based on data available up to October 2023.

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WAVE

$4.6+Infinity%1D

Analyst Views on WAVE

Wall Street analysts forecast WAVE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WAVE is 15.00 USD with a low forecast of 15.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Analyst Rating

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 4.600

Low

15.00

Averages

15.00

High

15.00

Current: 4.600

Low

15.00

Averages

15.00

High

15.00

Maxim Group

Tate Sullivan

Strong Buy

Initiates

$15

2025-03-11

Reason

Maxim Group

Tate Sullivan

Price Target

$15

AI Analysis

2025-03-11

Initiates

Strong Buy

Reason

Meeting to be held in Toronto on March 4-5 hosted by Maxim.

About WAVE

Eco Wave Power Global AB (publ), formerly EWPG Holding AB (publ), is a Sweden-based renewable energy company. The Company develops technology for production of clean electricity from ocean and sea waves.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

EXCLUSIVE: Eco Wave Power Marks US Manufacturing Debut With Port Of Los Angeles Project

Apr 23 2025Benzinga

Manufacturing Deal Announcement: Eco Wave Power Global has signed a manufacturing agreement with All-Ways Metal, Inc. to produce floaters for its wave energy project at the Port of Los Angeles, with delivery expected in 70 days.
Regulatory Milestones and Project Impact: The project has received key regulatory approvals, paving the way for the first U.S.-based wave energy system, which aims to support local job creation and advance sustainable energy infrastructure.

EXCLUSIVE: Eco Wave Power Rides New Wave With LA Permit To Launch US Pilot Project

Mar 31 2025Benzinga

Permit Approval for Wave Energy Project: Eco Wave Power Global AB has received a Revocable Permit from the Port of Los Angeles to construct and demonstrate its wave energy system at Berth 70, marking a significant step in its U.S. expansion and enabling the start of construction on a pilot project co-funded by Shell Marine Renewable Energy.
Potential Impact of Wave Energy: The pilot project aims to advance clean energy technology and could serve as a model for future large-scale wave energy deployments, with the U.S. Department of Energy estimating that wave energy could generate enough power for approximately 130 million homes annually.

Eco Wave Power management to meet with Maxim

Mar 04 2025Business Insider

Meeting Announcement: A meeting hosted by Maxim will take place in Toronto on March 4-5.
Investment Insights: TipRanks offers tools to discover top-rated stocks and investment opportunities, including strong buy ratings from analysts.

EXCLUSIVE: Eco Wave Power 2024 Earnings: 22% Topline Growth, Narrows Operating Losses

Mar 03 2025Benzinga

Financial Performance: Eco Wave Power Global AB reported its first revenues of $393 thousand for the fiscal year ending December 31, 2024, marking a 21.7% increase from the previous year, while operating expenses decreased by 7% to $2.46 million.
Future Projects and Partnerships: The company plans to expand operations with new projects in the U.S., Portugal, and Taiwan, and has signed a memorandum of understanding with Bharat Petroleum Corporation Limited to develop wave energy projects in India.