
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About
Eco Wave Power Global AB ADR (WAVE)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/15/2025: WAVE (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $14.75
1 Year Target Price $14.75
0 | Strong Buy |
1 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -29.48% | Avg. Invested days 18 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 46.46M USD | Price to earnings Ratio - | 1Y Target Price 14.75 |
Price to earnings Ratio - | 1Y Target Price 14.75 | ||
Volume (30-day avg) 1 | Beta -0.46 | 52 Weeks Range 4.41 - 17.63 | Updated Date 10/17/2025 |
52 Weeks Range 4.41 - 17.63 | Updated Date 10/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.56 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -1481.55% |
Management Effectiveness
Return on Assets (TTM) -17.2% | Return on Equity (TTM) -44.54% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 43425987 | Price to Sales(TTM) 276.53 |
Enterprise Value 43425987 | Price to Sales(TTM) 276.53 | ||
Enterprise Value to Revenue 258.49 | Enterprise Value to EBITDA -3.59 | Shares Outstanding 5829039 | Shares Floating 23361131 |
Shares Outstanding 5829039 | Shares Floating 23361131 | ||
Percent Insiders - | Percent Institutions 1.13 |
Upturn AI SWOT
Eco Wave Power Global AB ADR
Company Overview
History and Background
Eco Wave Power Global AB (EWP) was founded in 2011. The company focuses on developing and commercializing wave energy technology for electricity generation. Initially focusing on R&D, EWP has progressed to deploying pilot projects and commercial installations globally. They have focused on scalability and grid integration.
Core Business Areas
- Wave Energy Conversion: Development, construction, and operation of wave energy power plants. This includes designing and implementing proprietary wave energy conversion technology.
- Project Development: Identifying suitable locations for wave energy plants, securing permits, and managing project construction.
- Consulting and Licensing: Offering consulting services and licensing its technology to other companies and organizations interested in wave energy development.
Leadership and Structure
The company is led by Inna Braverman, co-founder and CEO. The structure includes departments for engineering, project management, business development, and finance, reporting to the CEO and board of directors.
Top Products and Market Share
Key Offerings
- EWP-ED System: This is Eco Wave Power's primary wave energy converter, designed to be near-shore and on-shore. It extracts energy from waves using floating structures that move with the waves. Market share data is not readily available due to the nascent stage of the wave energy industry. Competitors include AW-Energy Oy and Ocean Power Technologies (OPTT).
- Turnkey Wave Power Plants: Eco Wave Power also offers complete wave power plant solutions, including design, construction, and operation. Again, precise market share is difficult to quantify in this emerging market. Competitors also include Carnegie Wave Energy Ltd.
Market Dynamics
Industry Overview
The wave energy industry is in its early stages of development. It is considered a part of the broader renewable energy sector, offering potential for clean energy generation. The industry faces challenges like high costs, technological hurdles, and regulatory uncertainties.
Positioning
Eco Wave Power positions itself as a pioneer in wave energy technology, focusing on near-shore and on-shore solutions. Its competitive advantages include proprietary technology, modular design, and potential for grid integration.
Total Addressable Market (TAM)
Estimates vary, but the global wave energy market is projected to reach billions of dollars over the next decade. Eco Wave Power is positioned to capture a portion of this market by focusing on specific regions and applications.
Upturn SWOT Analysis
Strengths
- Proprietary wave energy conversion technology
- Focus on near-shore and on-shore solutions (less expensive)
- Experienced leadership team
- Patents and intellectual property
Weaknesses
- Relatively small scale compared to larger renewable energy companies
- Dependent on external funding for project development
- Unproven long-term reliability of technology
- Limited operational history
Opportunities
- Increasing global demand for renewable energy
- Government incentives and support for wave energy projects
- Partnerships with utility companies and other stakeholders
- Technological advancements in wave energy conversion
Threats
- Competition from other renewable energy sources (solar, wind)
- High capital costs and project development risks
- Regulatory uncertainties and permitting challenges
- Adverse weather conditions and environmental impacts
Competitors and Market Share
Key Competitors
- OPTT
- AW-Energy Oy
- Carnegie Clean Energy Ltd
Competitive Landscape
Eco Wave Power's advantages are its focus on near-shore and on-shore technology, reducing infrastructure costs. Its disadvantages are its smaller scale and limited operational history compared to some competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been characterized by technology development and pilot projects, rather than revenue growth. Focus has been on securing pilot sites and strategic partnerships.
Future Projections: Future growth is projected to depend on successful commercialization of its technology, securing larger projects, and scaling up operations. Analyst estimates vary significantly, reflecting the uncertainty of the industry.
Recent Initiatives: Recent initiatives include securing new project sites, forging partnerships with utility companies, and advancing technological development.
Summary
Eco Wave Power is a developing company in the nascent wave energy sector, with promising technology and strategic focus. The company's small scale and reliance on funding pose risks, but the growing demand for renewable energy presents opportunities. It needs to focus on demonstrating the reliability and scalability of its technology to attract larger projects and investments. High capital costs and regulatory hurdles are key challenges to watch out for.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Press Releases
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Investment decisions should be made after consulting with a qualified financial advisor.
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 Eco Wave Power Global AB ADR
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-07-01 | Founder, CEO & Director Ms. Inna Braverman | ||
Sector Utilities | Industry Utilities - Renewable | Full time employees 12 | Website https://www.ecowavepower.com |
Full time employees 12 | Website https://www.ecowavepower.com |
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the United States, Taiwan, Sweden, Israel, Portugal, Mexico, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.