Eco Wave Power Global (WAVE)

• Market cap: $44.7M
• 1 day: -8.38%
• 5 days: 12.50%
• 1 month: -18.62%
• 3 months: -49.00%
• 6 months: 107.88%
• Year to date: -34.95%
• 1 year: 483.97%
• 5 years: -29.49%
• 10 years: -29.49%
• Sector: Utilities
• Industry: Electric Services

About: Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographical presence in Israel, USA and Mexico.

Employees: 12

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

800% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 1

340% more capital invested

Capital invested by funds: $364K [Q3] → $1.6M (+$1.24M) [Q4]

100% more funds holding

Funds holding: 8 [Q3] → 16 (+8) [Q4]

100% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 2

0.17% more ownership

Funds ownership: 0.14% [Q3] → 0.31% (+0.17%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 96% upside
• Avg. target: $15 96% upside
• High target: $15 96% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Maxim Group Tate Sullivan 25% 1-year accuracy 5 / 20 met price target

96% upside $15

Buy Initiated

11 Mar 2025