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Greenwave Technology Solutions Inc. Common Stock (GWAV)
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Upturn Advisory Summary
01/09/2026: GWAV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -58.59% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 01/09/2026 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 11.85M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.43 | 52 Weeks Range 0.12 - 1.88 | Updated Date 06/29/2025 |
52 Weeks Range 0.12 - 1.88 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1271.09 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -71.79% | Operating Margin (TTM) -62.62% |
Management Effectiveness
Return on Assets (TTM) -24.53% | Return on Equity (TTM) -147.18% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 24910998 | Price to Sales(TTM) 0.36 |
Enterprise Value 24910998 | Price to Sales(TTM) 0.36 | ||
Enterprise Value to Revenue 0.75 | Enterprise Value to EBITDA 2.71 | Shares Outstanding 61169500 | Shares Floating 44082265 |
Shares Outstanding 61169500 | Shares Floating 44082265 | ||
Percent Insiders 12.82 | Percent Institutions 10.18 |
Upturn AI SWOT
Greenwave Technology Solutions Inc. Common Stock
Company Overview
History and Background
Greenwave Technology Solutions Inc. (formerly known as China Tech Glass Inc.) was founded in 2006. It has undergone significant transformations, including a change in its business focus and ticker symbol. Initially involved in the manufacturing of glass products, the company has pivoted towards the technology sector, specifically focusing on solutions related to electric vehicle (EV) battery recycling and related technologies. This strategic shift is a key milestone in its evolution.
Core Business Areas
- EV Battery Recycling Technology: Development and implementation of proprietary technologies for the efficient and environmentally sound recycling of lithium-ion batteries used in electric vehicles. This includes processes for recovering valuable materials like lithium, cobalt, and nickel.
- Circular Economy Solutions: A broader focus on creating circular economy solutions within the EV supply chain, aiming to reduce waste and promote sustainability by repurposing and recycling battery components.
Leadership and Structure
Information on Greenwave Technology Solutions Inc.'s current leadership team and organizational structure can be found in their official SEC filings, such as 10-K and 10-Q reports. Key management positions typically include CEO, CFO, and heads of operations and technology.
Top Products and Market Share
Key Offerings
- Proprietary Battery Recycling Process: Greenwave is developing and implementing its unique battery recycling technology. While specific market share data for this nascent technology is not readily available, its competitors include companies like Li-Cycle Corp. (LICY), Redwood Materials, and Ascend Elements. The competitive advantage lies in potential cost-effectiveness and environmental impact.
Market Dynamics
Industry Overview
The electric vehicle battery recycling industry is experiencing rapid growth, driven by increasing EV adoption, regulatory pressures for sustainability, and the demand for critical raw materials. The industry faces challenges related to technological scalability, cost-efficiency, and the establishment of robust supply chains.
Positioning
Greenwave Technology Solutions Inc. is positioning itself as a key player in the emerging EV battery recycling market. Its focus on proprietary technology aims to provide a competitive edge. The company operates within a rapidly expanding market with significant growth potential, although it is a relatively new entrant compared to some established players.
Total Addressable Market (TAM)
The TAM for EV battery recycling is projected to be in the tens of billions of dollars globally in the coming decade. Greenwave is positioned to capture a portion of this market by offering its specialized recycling solutions, though its current market penetration is minimal given its developmental stage.
Upturn SWOT Analysis
Strengths
- Focus on a high-growth industry (EV battery recycling).
- Development of proprietary recycling technology.
- Potential for cost-effective and environmentally friendly solutions.
Weaknesses
- As a relatively new entrant, operational scale and proven track record may be limited.
- Reliance on securing funding for expansion and R&D.
- Technological risks associated with scaling new processes.
Opportunities
- Increasing global demand for EV batteries and raw materials.
- Government incentives and regulations supporting battery recycling.
- Partnerships with EV manufacturers and battery producers.
- Expansion into new geographic markets.
Threats
- Intense competition from established and emerging players.
- Volatility in commodity prices for recycled materials.
- Rapid technological advancements by competitors.
- Regulatory changes or uncertainties.
Competitors and Market Share
Key Competitors
- Li-Cycle Holdings Corp. (LICY)
- Redwood Materials
- Ascend Elements
Competitive Landscape
Greenwave's competitive advantages will stem from the efficiency, cost-effectiveness, and environmental benefits of its proprietary recycling technology. However, it faces established players with existing infrastructure and significant funding. Its ability to secure key partnerships and scale operations will be crucial for competing effectively.
Growth Trajectory and Initiatives
Historical Growth: Greenwave's historical growth trajectory is marked by its strategic pivot towards the EV battery recycling sector. Financial growth will be tied to the successful development and commercialization of its recycling technologies and securing contracts.
Future Projections: Future growth projections for Greenwave Technology Solutions Inc. are dependent on its ability to scale its operations, secure significant contracts with battery manufacturers and recycling partners, and effectively navigate the competitive landscape. Analyst estimates, if available, will provide further insights.
Recent Initiatives: Recent initiatives likely involve R&D advancements in their recycling technology, efforts to secure strategic partnerships, and potential fundraising activities to support expansion.
Summary
Greenwave Technology Solutions Inc. is positioned in the high-growth EV battery recycling market with proprietary technology. While this offers significant opportunity, the company faces challenges of scaling, competition, and funding. Its success will depend on technological execution and strategic partnerships within the evolving circular economy for EVs.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Industry Reports on EV Battery Recycling
- Financial News and Analysis Platforms
Disclaimers:
This JSON output is for informational purposes only and does not constitute financial advice. Market share data and future projections are estimates and subject to change. Investors should conduct their own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Greenwave Technology Solutions Inc. Common Stock
Exchange NASDAQ | Headquaters Chesapeake, VA, United States | ||
IPO Launch date 2016-01-04 | Acting CFO, CEO & Chairman of the Board Mr. Danny Meeks | ||
Sector Industrials | Industry Waste Management | Full time employees 180 | Website https://www.gwav.com |
Full time employees 180 | Website https://www.gwav.com | ||
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia, North Carolina, and Ohio. It operates through three segments: Scrap Metal Recycling, Hauling, and Other. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It offers ferrous metal, including heavy melting steel, as well as plate, structural, and shredded scrap for recycling and production of finished steel. In addition, the company processes nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extract nonferrous precious metals comprising platinum, palladium, and rhodium. Further, it operates automotive shredders. It serves large corporations, industrial manufacturers, retail customers, and government organizations. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.
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