Eco Wave Power Global AB (publ) to Participate in the 2026 Maxim Growth Summit
Detailed price information for Eco Wave Power Global Ab ADR (WAVE-Q) from The Globe and Mail including charting and trades.
Model output · Signal date 2026-11-06
Eco Wave Power Global Ab (Publ) (WAVE) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
Unlock rating and forecasts
90-day forecast
Sign up free to reveal
30-day forecast
Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
-51.0%
Spearman, 273 dates
Market Cap
$27M
small-cap · #47 of 49 peers
Summary
Eco Wave Power Global Ab (Publ) (WAVE) stock forecast summary
Our AI scores Eco Wave Power Global Ab (Publ) every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Eco Wave Power Global Ab (Publ) is a small-cap company with a market capitalization of $27M. It ranks number 47 by market capitalization among the 49 Electric Services issuers in our coverage with a current forecast.
For WAVE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -51.0%, measured on 273 forecast dates between 2024-03-29 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -6.0%, measured on 316 forecast dates between 2024-03-29 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, WAVE included.
Price
WAVE price chart and AI forecast
Cross-section · 2026-11-06
How WAVE ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2025-12-31
Eco Wave Power Global Ab (Publ) (WAVE) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electric Services peers listed below that report each metric.
Valuation & Market
| Metric | WAVE | Rank |
|---|---|---|
| Market Cap | $27M | 47/49 |
| EPS | $-0.17 | – |
Profitability & Margins
| Metric | WAVE | Rank |
|---|---|---|
| ROIC | -126.7% | 38/38 |
Financial Health
| Metric | WAVE | Rank |
|---|---|---|
| Current Ratio | 2.49x | 9/46 |
| D/E Ratio | 0.48x | 37/43 |
| Financial Leverage | 1.48x | 36/42 |
| Working Capital | $4M | 17/46 |
Income Statement
| Metric | WAVE | Rank |
|---|---|---|
| Operating Income | -$7M | 37/42 |
| R&D Expense | $2M | 8/8 |
Dividend & Shareholder Information
| Metric | WAVE | Rank |
|---|---|---|
| Shares Outstanding | 6M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $7M | |
| Cash & Short-term Investments | $6M | |
| Accounts Receivable | $250K | |
| Total Liabilities | $3M | |
| Short-term Debt | $2M |
Quarterly Financial Reports
WAVE quarterly financials and insider trading
Industry Peers · Electric Services
Eco Wave Power Global Ab (Publ) (WAVE) industry peers
Companies classified under the same SEC industry code as Eco Wave Power Global Ab (Publ) (Electric Services): 52 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| WAVE Eco Wave Power Global Ab (Publ) | $27M | |
| NEE Nextera Energy Inc | $181.08B | |
| SO Southern Co | $102.78B | |
| CEG Constellation Energy Corp | $88.56B | |
| AEP American Electric Power Co Inc | $67.73B | |
| D Dominion Energy, Inc | $58.58B | |
| ETR Entergy Corp /De/ | $49.37B | |
| VST Vistra Corp. | $41.89B | |
| FTS Fortis Inc. | $30.49B | |
| DTE Dte Energy Co | $28.06B | |
| FE Firstenergy Corp | $26.82B | |
| PPL Ppl Corp | $26.64B | |
| CNP Centerpoint Energy Inc | $26.54B | |
| ES Eversource Energy | $26.31B | |
| EIX Edison International | $22.84B | |
| BEP Brookfield Renewable Partners L.P. | $21.32B | |
| NRG Nrg Energy, Inc. | $18.56B | |
| EMA Emera Inc | $15.17B | |
| TLN Talen Energy Corp | $13.76B | |
| BEPC Brookfield Renewable Corp | $10.77B | |
| OGE Oge Energy Corp. | $10.20B | |
| ENLT Enlight Renewable Energy Ltd. | $9.03B | |
| IDA Idacorp Inc | $8.63B | |
| EAI Entergy Arkansas, Llc | $8.47B | |
| ELPC Energy Co Of Parana | $8.01B | |
| CWEN Clearway Energy, Inc. | $7.00B | |
| BKH Black Hills Corp /Sd/ | $6.47B | |
| TXNM Txnm Energy Inc | $6.34B | |
| ORA Ormat Technologies, Inc. | $5.72B | |
| POR Portland General Electric Co /Or/ | $5.47B | |
| CIG Energy Co Of Minas Gerais | $5.32B | |
| OKLO Oklo Inc. | $4.38B | |
| AQN Algonquin Power & Utilities Corp. | $4.24B | |
| TAC Transalta Corp | $3.86B | |
| OTTR Otter Tail Corp | $3.36B | |
| KEN Kenon Holdings Ltd. | $3.01B | |
| FRVO Fervo Energy Co | $2.66B | |
| HE Hawaiian Electric Industries Inc | $1.45B | |
| XIFR Xplr Infrastructure, Lp | $687M | |
| NNE Nano Nuclear Energy Inc. | $597M | |
| HNRG Hallador Energy Co | $476M | |
| GFUZ General Fusion Group Ltd. | $327M | |
| ELLO Ellomay Capital Ltd. | $234M | |
| ONEN One Nuclear Energy Inc. | $179M | |
| AMFN American Fusion, Inc. | $118M | |
| FISN Deep Fission, Inc. | $109M | |
| HDRN Hadron Energy, Inc. | $48M | |
| BESS Bimergen Energy Corp | $19M | |
| OPTT Ocean Power Technologies, Inc. | $3M | |
| APSI Aqua Power Systems Inc. | N/A | |
| AXIAY Axia Energia S.A. | N/A | |
| CBMJ Conservative Broadcast Media & Publishing, Inc. | N/A |
Where WAVE sits on the market map
Energy & Transportation · Electric Services
News
Eco Wave Power Global Ab (Publ) (WAVE) stock news
Eco Wave Power Global AB (publ) (WAVE) Q2 2026 Earnings Call Prepared Remarks Transcript
Good day. Welcome to the Eco Wave Power Second Quarter 2026 Earnings Call. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to your host, ...
Eco Wave Power Global AB (publ) (Nasdaq: WAVE) to Participate in The Small Cap Showcase on October 1, 2026
NEW YORK CITY, NY / ACCESS Newswire / September 30, 2026 / Eco Wave Power Global AB (publ) (Nasdaq:WAVE), a pioneering onshore wave energy technology company, today announced that members of its ...
FAQ
Eco Wave Power Global Ab (Publ) (WAVE) stock forecast FAQ
What is the Eco Wave Power Global Ab (Publ) (WAVE) stock forecast?
Our AI scores Eco Wave Power Global Ab (Publ) every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Eco Wave Power Global Ab (Publ) stock predictions?
For WAVE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -51.0%, measured on 273 forecast dates between 2024-03-29 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -6.0%, measured on 316 forecast dates between 2024-03-29 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Eco Wave Power Global Ab (Publ) forecasts updated?
Eco Wave Power Global Ab (Publ) forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Eco Wave Power Global Ab (Publ)'s industry peers?
52 issuers in our coverage, WAVE included, share the SEC industry code Electric Services. The largest are: Nextera Energy Inc (NEE), Southern Co (SO), Constellation Energy Corp (CEG), American Electric Power Co Inc (AEP), Dominion Energy, Inc (D), Entergy Corp /De/ (ETR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.