SPRU (19) HDRN (45) BESS (47) ONEN (28) ⌘ Pro Terminal →

Eco Wave Power Global AB (publ) (WAVE) — RQD Stock Rating Cockpit

$4.75 +5.56% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $4.79

Eco Wave Power Global AB (publ) (WAVE) carries a Roarable Rating of D (Sell) with 45/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (45/100 · D) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D • SELL / AVOID Cap $28.1M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on WAVE Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is WAVE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-02, Eco Wave Power Global AB (publ) (NASDAQ: WAVE) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $4.75 (+5.56% 1D, market cap $28.1M). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 9/20. Across 117 tracked Utilities issuers, WAVE ranks #85 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does WAVE compare to SPRU and HDRN in the Utilities sector?

▼

Within the Utilities sector (Electric Utilities: Central), WAVE carries a Roarable D (45/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of —. By comparison, SPRU (Spruce Power Holding Corporation (Class A)) holds a E grade (19/100 RQD, P/E N/A, ROIC 2.7%, cap $25.4M) and HDRN (Hadron Energy Inc.) posts a D grade (45/100 RQD, P/E N/A, ROIC —, cap $50.1M). Among the 5-stock peer group, ONEN leads on earnings multiple (39.3x) while SPRU leads on capital efficiency (2.7% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for WAVE?

▼

For Eco Wave Power Global AB (publ) (WAVE), key quantitative strengths include Established market leader in Utilities with deep daily trading liquidity. and sector rank #85 in Utilities, while primary risk factors center on Company executives have done more routine share selling than personal cash buying lately. and Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $4.79 (+0.81%)🧬 Disciplined Float (-0.40% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (45/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-6.3% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D+

Each axis scored 0–20

12M PRICE TARGET CONE-5.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for WAVE)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (45/100 Composite)

🔍 WHY WAVE SCORES 45/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (29% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (27% of score)

SEC XBRL Trailing 12 Months: 0% FCF Margin ($786.2K FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C-$5.75-11.3% Next Q

Q2 (-2Q)

Grade C-$5.10-6.9% Next Q

Q3 (-1Q)

Grade D$4.75+0% Next Q

Current

Grade D$4.75-6.3% Hist 90D α

Trajectory: C- (53) → D (45)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a WAVE Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While WAVE currently carries a cautious 45/100 (D) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Utilities with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($5.67) and Max Pain ($4.99) forces dealer call-delta covering toward $11.41.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (-0.40% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $WAVE• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “WAVE Beats Next Quarter EPS Consensus (Upcoming Quarter) & Holds Above 200D SMA”

YES 45%NO 55%Trade / Inspect Odds →

RSI-14 MOMENTUMNEUTRAL RANGE

37.730 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

3.80>3.0 Fortress Safe

PIOTROSKI F-SCOREHIGH QUALITY (7–9)

7 / 99-Pt Accounting

52-WEEK LASER RANGE11% OF RANGE

L: $4$4.75H: $11

1. Money & Cash Health● MIXED

Are profits real cash in the bank?

Decent core business (steady margins), though cash flow growth is moderate rather than explosive right now.

Factor Grade: C-RQD 12 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: ERQD 12 / 40

3. Hidden Risks & Market Weather● WARNING

SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: D+RQD 21 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

JEV AI Jury Split (Battleground) on WAVE

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

NEUTRAL (60)

14.0% ROIC with 42.0% gross margin and 2.80% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

NEUTRAL (65)

Altman-Z 4.20 and Piotroski 7/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BEARISH (33)

12/40 institutional & smart-money positioning score with 8/20 macro alignment.

Bull Case: Why Buyers Like WAVE

✓Established market leader in Utilities with deep daily trading liquidity.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Sensitive to high interest rates and tighter Federal Reserve market liquidity.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring WAVE)

✓Walkthrough of WAVE's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

WAVE // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -43.38%▼ DESCENDING CHANNEL

2026-11-02O $4.63H $4.75L $4.50C $4.75VOL 19.6K

RES: $5.43SUP: $3.78SMA50: $5.67SMA200: $6.71

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

WAVE Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 WAVE Butterfly Map → + Track WAVE →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on WAVE today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for WAVE. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for WAVE today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (WAVE)

Utilities Rank #85 of 117 ⚔️ SPRU vs WAVE Full Matrix →

1. Head-to-Head Utilities Peer Comparison (WAVE vs. SPRU, HDRN, BESS, ONEN)

Industry: Electric Utilities: Central (56 Tracked Issuers)

Across 117 tracked Utilities securities in the Roarable RQD universe, Eco Wave Power Global AB (publ) (WAVE) ranks #85 by composite RQD confidence (45/100, grade D) and #105 by equity capitalization ($28.1M). Within this direct 5-issuer industry benchmark cohort, ONEN leads on earnings valuation at 39.3x trailing P/E, while SPRU leads on capital efficiency and profitability with 2.7% ROIC and — gross margin. BESS currently holds the highest overall quantitative score in the immediate peer group at 47/100 (D) compared with WAVE at 45/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
WAVE ACTIVE Eco Wave Power Global AB (publ)	D	45/100	—	—	—	+5.56%	$28.1M	Benchmark Subject
SPRU Spruce Power Holding Corporation (Class A)	E	19/100	—	—	2.7%	-1.51%	$25.4M	/spru-vs-wave →
HDRN Hadron Energy Inc.	D	45/100	—	—	—	-5.71%	$50.1M	/hdrn-vs-wave →
BESS Bimergen Energy Corporation	D	47/100	—	—	-20.5%	+7.76%	$15.5M	/bess-vs-wave →
ONEN ONE Nuclear Energy Inc.	E	28/100	39.3x	—	-35.0%	-5.97%	$145.1M	/onen-vs-wave →

2. WAVE Fundamental Profitability, Capital Efficiency & Balance-Sheet Forensics

TRAILING 12M & FORWARD QUANTITATIVE SNAPSHOT

Eco Wave Power Global AB (publ) (WAVE) operates in Electric Utilities: Central (Utilities) with an equity capitalization of $28.1M, trailing P/E of N/A, forward P/E of N/A, and EV/EBITDA of N/A. Operating profitability registers a gross margin of —, operating margin of —, net profit margin of —, ROIC of —, and free cash flow yield of —, alongside an Altman Z-Score of N/A and Piotroski F-Score of N/A.

3. WAVE Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is WAVE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does WAVE compare to SPRU and HDRN in the Utilities sector?

What are the biggest fundamental strengths and SEC risk factors for WAVE?

Where is WAVE trading relative to its 50-day, 200-day, and 52-week technical levels?

WAVE last traded at $4.75 (+5.56% on volume of 7,869 shares), positioning the stock -16.23% below its 50-day simple moving average ($5.67) and -29.21% below its 200-day simple moving average ($6.71). Across its 52-week range of $3.97 to $10.87, WAVE sits at the 11.3% percentile with a 14-day RSI of 37.7 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($4.16 to $5.34).

WAVE Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell WAVE stock right now?

Eco Wave Power Global AB (publ) (WAVE) currently earns a Roarable Rating of D (Sell — SELL) with 45/100 RQD Confidence. Stretched risk/reward at current multiples (steady margins) under elevated 10-year interest-rate pressure.

What is WAVE's 12-month price target and RQD AI Jury consensus?

WAVE's 12-month base price target is $4.47 (range $3.49 to $11.41), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: WAVE RQD Cockpit WAVE 12M Forecast WAVE Earnings & Move WAVE Dividends & DRIP WAVE Insiders & 13F WAVE Whale Options WAVE Profit Sankey WAVE News & Why

ROARABLE RATING BRIEF • RQD 45/100 (D) ✓ STAGE-C NUMBER FIREWALL VERIFIED

WAVE — Eco Wave Power Global AB (publ): What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T14:19:39Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, WAVE scores 45 out of 100, earning a letter grade of D and the verdict label "Roarable Sell — Underperform / Distribution Warning." Across the five pillars: Fundamental Cash Engine scores 12 of 20 (ROIC 0%; FCF yield 0%); Whale 13F Flow scores 3 of 20 (institutional accumulation and options positioning); Insider Conviction scores 9 of 20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit scores 8 of 20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet scores 13 of 20 (Altman Z 2.5; Piotroski F 6/9; Debt/Equity 0.5). The weakest pillar is institutional flow, which is the most direct evidence in this dataset of how large holders are positioned. For a prospective investor, the implication is that the rating reflects zero reported return on invested capital and zero free-cash-flow yield, with the only meaningful offsets coming from a balance sheet scored as moderate. Valuation tradeoffs cannot be fully assessed because P/E, forward P/E, EV/EBITDA, and EPS are not available in source data. Upside drivers in the data are limited to the recent news flow and the Forensic Balance Sheet pillar; downside risk is reflected in the Whale 13F Flow and Insider Conviction pillars. This is an analytical summary, not personalized financial advice.

Recent Catalysts & News Wire Analysis

Yahoo Finance (CATALYST, GREEN): Coverage of WAVE's planned participation in the 2026 Maxim Growth Summit.
TradingView (MARKET WIRE, YELLOW): Coverage of completion of the first phase of an AI-powered digital twin, tied to wave energy and potential AI data center applications.
Stock Titan (MARKET WIRE, YELLOW): Coverage of a BPCL order for a Mumbai site study.
Syfe (MARKET WIRE, YELLOW): Coverage that is headlined by a different ticker (MTEK) and should be treated as unverified for WAVE.

The butterfly supply-chain graph reports sector Utilities, industry Electric Utilities: Central, supply chain "NONE," with no butterfly links and no proprietary signals. Risk watch items per the data include the 0% ROIC and FCF yield and the institutional and insider pillar scores noted above.

Open Questions

What are WAVE's reported revenue, operating income, net income, and free cash flow for recent periods, given that the financials section is empty?
What are the P/E, forward P/E, EV/EBITDA, and EPS values needed to evaluate valuation?
Which institutional holders and insiders have transacted in WAVE, and in what direction?
What does the company sell and to whom, and how does its wave energy business generate revenue?
Does the market-cap discrepancy between the profile ($0.0B) and market data ($28.1M) reflect a data error, and which figure is current?

WAVE Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Eco Wave Power Global AB (publ) (WAVE) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to WAVE Debate Forum (3) ↓

🟢 CATALYST Yahoo Finance • 4h ago

Eco Wave Power Global AB (publ) to Participate in the 2026 Maxim Growth Summit

Yahoo Finance report covering Eco Wave Power Global AB (publ) (WAVE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 7h ago

Eco Wave Power Completes First Phase of AI-Powered Digital Twin, Advancing Intelligent Wave Energy and Future AI Data Center Applications

TradingView report covering Eco Wave Power Global AB (publ) (WAVE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 10h ago

Eco Wave Power gets BPCL order for Mumbai site study | WAVE Stock News

Stock Titan report covering Eco Wave Power Global AB (publ) (WAVE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Syfe • 13h ago

Maris-Tech Ltd. (MTEK) Stock Price & News

Syfe report covering Eco Wave Power Global AB (publ) (WAVE) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 4d ago

Eco Wave Power Announces Major Milestone in Collaboration with Fortune 500 Energy Giant Bharat Petroleum as First Purchase Order Is Issued for Wave Energy Project in India

Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, today announced a significant milestone in its collaboration with Bharat Petroleu

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 18d ago

RedChip to Showcase Public Companies Advancing the Future of Energy Infrastructure at October 22 Investor Conference

ORLANDO, FL / ACCESS Newswire / October 15, 2026 / RedChip Companies, an industry leader in investor relations, media, and research for microcap and small-cap companies, today announced its upcoming virtual investor conf

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

WAVE Bull vs. Bear Conversation Board — What's Your Call at $4.75?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON WAVE 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $3.96 (-12.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is WAVE (D • RQD 45/100) a Buy at $4.50?

Welcome to the WAVE (Eco Wave Power Global AB (publ)) Roar Pit. Current RQD Composite is 45/100 (Roarable Sell — Underperform / Distribution Warning) in Electric Utilities: Central. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RI RiskArb_Desk Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $3.38 (-24.9%)

Spot @ $4.50

Pump the brakes on WAVE — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on WAVE, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Eco Wave Power Global AB (publ) expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

MA MacroHawk_NYC Verified K Arena Trader 🐂 BULLISH 🎯 Target: $5.54 (+23.1%)

Spot @ $4.50

WAVE cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on WAVE, the market is fixating on short-term headline noise in Electric Utilities: Central and ignoring the balance sheet and cash flow trajectory. At $4.50 (52-wk range $3.97 - $10.87), any beat on forward guidance forces shorts and underweight funds to chase.