| Indicators | Browse All

Eco Wave Power Global AB (publ) (WAVE)

Utilities | Utilities - Renewable | Tel Aviv, Israel | NasdaqCM
5.50 USD -0.02 (-0.362%) ⇩ (Oct. 14, 2026, 11:04 a.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 8:17 a.m. EDT

The immediate outlook is severely clouded by deteriorating financials and negative momentum. Despite a recent price rebound, the company is burning cash aggressively, with operating cash flow and free cash flow both deeply negative, while earnings per share remain in the red. This financial distress is compounded by a massive valuation gap, trading at nearly 1,000 times trailing sales and negative earnings multiples, suggesting the market has priced in significant execution risk. Technically, the stock is struggling to hold gains above its moving averages, indicating weak near-term demand. Furthermore, the absence of any dividend history eliminates income potential entirely, leaving investors exposed to pure capital appreciation risk in a fundamentally fragile business.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.146713
AutoETS0.152261
AutoARIMA0.155625
MSTL0.161649

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 30%
H-stat 15.35
Ljung-Box p 0.000
Jarque-Bera p 0.230
Excess Kurtosis -1.18
Attribute Value
Sector Utilities
Debt to Equity Ratio 16.651
Revenue per Share 0.007
Market Cap 34,318,152
Forward P/E -7.69
Beta -0.44
Previous Name EWPG Holding AB (publ)
Website https://www.ecowavepower.com

Info Dump

Attribute Value
52 Week Change -0.32186735
Address1 52 Derech Menachem Begin Street
All Time High 30.0
All Time Low 1.01
Ask 7.8
Ask Size 2
Average Daily Volume10 Day 4,980
Average Daily Volume3 Month 16,765
Average Volume 16,765
Average Volume10Days 4,980
Beta -0.435
Bid 4.29
Bid Size 2
Book Value 1.255
City Tel Aviv
Compensation As Of Epoch Date 1,767,139,200
Country Israel
Crypto Tradeable 0
Currency USD
Current Price 5.5
Current Ratio 3.486
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 5.74
Day Low 5.47
Debt To Equity 16.651
Display Name Eco Wave Power Global
Dividend Yield 0.0
Earnings Call Timestamp End 1,741,096,800
Earnings Call Timestamp Start 1,741,096,800
Earnings Timestamp End 1,755,174,600
Earnings Timestamp Start 1,755,174,600
Ebitda -2,749,000
Ebitda Margins 0.0
Enterprise To Ebitda -9.962
Enterprise To Revenue 720.656
Enterprise Value 27,384,946
Eps Current Year -0.785
Eps Forward -0.715
Eps Trailing Twelve Months -0.64
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 972 3 620 2807
Fifty Day Average 6.2827
Fifty Day Average Change -0.78270006
Fifty Day Average Change Percent -0.124580204
Fifty Two Week Change Percent -32.186733
Fifty Two Week High 10.87
Fifty Two Week High Change -5.37
Fifty Two Week High Change Percent -0.49402022
Fifty Two Week Low 4.52
Fifty Two Week Low Change 0.98
Fifty Two Week Low Change Percent 0.21681416
Fifty Two Week Range 4.52 - 10.87
Financial Currency USD
First Trade Date Milliseconds 1,625,146,200,000
Float Shares 2,919,102
Forward Eps -0.715
Forward P E -7.692308
Free Cashflow -2,049,625
Full Exchange Name NasdaqCM
Full Time Employees 13
Fullday Change -0.01999998
Fullday Change Percent -0.3623185
Fullday Price 5.5
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.57895
Gross Profits 22,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.09194
Implied Shares Outstanding 6,239,664
Industry Utilities - Renewable
Industry Disp Utilities - Renewable
Industry Key utilities-renewable
Ipo Expected Date 2,021-07-01
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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, turnkey 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, India, 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. The company was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.
Long Name Eco Wave Power Global AB (publ)
Market us_market
Market Cap 34,318,152
Market State REGULAR
Max Age 86,400
Message Board Id finmb_309530858
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-14
Net Income To Common -3,490,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 35,940,460
Number Of Analyst Opinions 2
Open 5.55
Operating Cashflow -3,010,000
Operating Margins -76.02632
Payout Ratio 0.0
Phone 972 3 509 4017
Prev Name EWPG Holding AB (publ)
Previous Close 5.52
Price Eps Current Year -7.006369
Price Hint 2
Price To Book 4.38247
Price To Sales Trailing12 Months 903.10925
Profit Margins 0.0
Quick Ratio 3.385
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.01999998
Regular Market Change Percent -0.3623185
Regular Market Day High 5.74
Regular Market Day Low 5.47
Regular Market Day Range 5.47 - 5.74
Regular Market Open 5.55
Regular Market Previous Close 5.52
Regular Market Price 5.5
Regular Market Time 1,791,990,297
Regular Market Volume 4,895
Return On Assets -0.18515
Return On Equity -0.48132
Revenue Per Share 0.007
Sand P52 Week Change 0.17004645
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Shares Outstanding 6,239,664
Shares Percent Shares Out 0.0005
Shares Short 3,003
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 11,539
Short Name Eco Wave Power Global AB (publ)
Short Percent Of Float 0.00090000004
Short Ratio 0.14
Source Interval 15
Symbol WAVE
Target High Price 15.0
Target Low Price 14.5
Target Mean Price 14.75
Target Median Price 14.75
Total Cash 8,152,000
Total Cash Per Share 1.306
Total Debt 1,274,000
Total Revenue 38,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.64
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.78296
Two Hundred Day Average Change -1.2829599
Two Hundred Day Average Change Percent -0.18914455
Type Disp Equity
Volume 4,895
Website https://www.ecowavepower.com
Zip 6,713,701