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Eco Wave Power Global AB (publ) (WAVE) Competitors

Eco Wave Power Global AB (publ) logo
$5.56 -0.13 (-2.28%)
Closing price 09/11/2026 03:59 PM Eastern
Extended Trading
$5.64 +0.08 (+1.42%)
As of 09/11/2026 07:30 PM Eastern
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WAVE vs. SPRU, RNWWW, BEP, ENLT, and CWEN

Should you buy Eco Wave Power Global AB (publ) stock or one of its competitors? Eco Wave Power Global AB (publ)'s main competitors and comparable companies include Spruce Power (SPRU), ReNew Energy Global (RNWWW), Brookfield Renewable Partners (BEP), Enlight Renewable Energy (ENLT), and Clearway Energy (CWEN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "renewable electricity" industry.

How does Eco Wave Power Global AB (publ) compare to Spruce Power?

Spruce Power (NYSE:SPRU) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, earnings, institutional ownership, dividends, valuation, media sentiment, analyst recommendations and risk.

In the previous week, Eco Wave Power Global AB (publ) had 3 more articles in the media than Spruce Power. MarketBeat recorded 3 mentions for Eco Wave Power Global AB (publ) and 0 mentions for Spruce Power. Eco Wave Power Global AB (publ)'s average media sentiment score of 0.37 beat Spruce Power's score of 0.00 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.

Company Overall Sentiment
Spruce Power Neutral
Eco Wave Power Global AB (publ) Neutral

20.8% of Spruce Power shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 11.2% of Spruce Power shares are held by insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than Spruce Power. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spruce Power$111.81M0.28-$26.03M-$0.45N/A
Eco Wave Power Global AB (publ)$40K771.45-$3.70M-$0.60N/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

Spruce Power has a beta of 1.19, meaning that its stock price is 19% more volatile than the broader market. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.37, meaning that its stock price is 137% less volatile than the broader market.

Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Spruce Power's net margin of -6.76%. Spruce Power's return on equity of -5.94% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Spruce Power-6.76% -5.94% -0.87%
Eco Wave Power Global AB (publ) N/A -58.04%-40.99%

Summary

Eco Wave Power Global AB (publ) beats Spruce Power on 8 of the 15 factors compared between the two stocks.

How does Eco Wave Power Global AB (publ) compare to ReNew Energy Global?

ReNew Energy Global (NASDAQ:RNWWW) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, dividends, media sentiment, institutional ownership and valuation.

ReNew Energy Global has higher revenue and earnings than Eco Wave Power Global AB (publ).

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ReNew Energy Global$137.78BN/AN/AN/AN/A
Eco Wave Power Global AB (publ)$40K771.45-$3.70M-$0.60N/A

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

ReNew Energy Global's return on equity of 0.00% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
ReNew Energy GlobalN/A N/A N/A
Eco Wave Power Global AB (publ) N/A -58.04%-40.99%

In the previous week, Eco Wave Power Global AB (publ) had 3 more articles in the media than ReNew Energy Global. MarketBeat recorded 3 mentions for Eco Wave Power Global AB (publ) and 0 mentions for ReNew Energy Global. Eco Wave Power Global AB (publ)'s average media sentiment score of 0.37 beat ReNew Energy Global's score of 0.00 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.

Company Overall Sentiment
ReNew Energy Global Neutral
Eco Wave Power Global AB (publ) Neutral

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ReNew Energy Global
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

Eco Wave Power Global AB (publ) beats ReNew Energy Global on 6 of the 9 factors compared between the two stocks.

How does Eco Wave Power Global AB (publ) compare to Brookfield Renewable Partners?

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Brookfield Renewable Partners (NYSE:BEP) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, profitability, earnings, dividends, media sentiment, valuation, risk and analyst recommendations.

Brookfield Renewable Partners has higher revenue and earnings than Eco Wave Power Global AB (publ). Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than Eco Wave Power Global AB (publ), indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eco Wave Power Global AB (publ)$40K771.45-$3.70M-$0.60N/A
Brookfield Renewable Partners$6.41B1.42$3M-$0.46N/A

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 63.2% of Brookfield Renewable Partners shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Brookfield Renewable Partners has a net margin of 4.50% compared to Eco Wave Power Global AB (publ)'s net margin of 0.00%. Brookfield Renewable Partners' return on equity of 0.84% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Eco Wave Power Global AB (publ)N/A -58.04% -40.99%
Brookfield Renewable Partners 4.50%0.84%0.29%

In the previous week, Eco Wave Power Global AB (publ) had 3 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 3 mentions for Eco Wave Power Global AB (publ) and 0 mentions for Brookfield Renewable Partners. Eco Wave Power Global AB (publ)'s average media sentiment score of 0.37 beat Brookfield Renewable Partners' score of 0.00 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.

Company Overall Sentiment
Eco Wave Power Global AB (publ) Neutral
Brookfield Renewable Partners Neutral

Brookfield Renewable Partners has a consensus target price of $38.14, indicating a potential upside of 25.54%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, analysts plainly believe Brookfield Renewable Partners is more favorable than Eco Wave Power Global AB (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Brookfield Renewable Partners
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63

Eco Wave Power Global AB (publ) has a beta of -0.37, suggesting that its stock price is 137% less volatile than the broader market. Comparatively, Brookfield Renewable Partners has a beta of 1.1, suggesting that its stock price is 10% more volatile than the broader market.

Summary

Brookfield Renewable Partners beats Eco Wave Power Global AB (publ) on 11 of the 17 factors compared between the two stocks.

How does Eco Wave Power Global AB (publ) compare to Enlight Renewable Energy?

Enlight Renewable Energy (NASDAQ:ENLT) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, valuation, media sentiment, analyst recommendations, dividends and profitability.

Enlight Renewable Energy has higher revenue and earnings than Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Enlight Renewable Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enlight Renewable Energy$582.26M15.11$132.10M$0.62119.71
Eco Wave Power Global AB (publ)$40K771.45-$3.70M-$0.60N/A

In the previous week, Eco Wave Power Global AB (publ) had 1 more articles in the media than Enlight Renewable Energy. MarketBeat recorded 3 mentions for Eco Wave Power Global AB (publ) and 2 mentions for Enlight Renewable Energy. Enlight Renewable Energy's average media sentiment score of 1.78 beat Eco Wave Power Global AB (publ)'s score of 0.37 indicating that Enlight Renewable Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enlight Renewable Energy
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Eco Wave Power Global AB (publ)
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enlight Renewable Energy has a net margin of 12.35% compared to Eco Wave Power Global AB (publ)'s net margin of 0.00%. Enlight Renewable Energy's return on equity of 3.52% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Enlight Renewable Energy12.35% 3.52% 0.86%
Eco Wave Power Global AB (publ) N/A -58.04%-40.99%

38.9% of Enlight Renewable Energy shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Enlight Renewable Energy has a beta of 1.65, meaning that its stock price is 65% more volatile than the broader market. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.37, meaning that its stock price is 137% less volatile than the broader market.

Enlight Renewable Energy presently has a consensus target price of $75.00, suggesting a potential upside of 1.05%. Given Enlight Renewable Energy's higher possible upside, analysts clearly believe Enlight Renewable Energy is more favorable than Eco Wave Power Global AB (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enlight Renewable Energy
2 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.38
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

Enlight Renewable Energy beats Eco Wave Power Global AB (publ) on 12 of the 16 factors compared between the two stocks.

How does Eco Wave Power Global AB (publ) compare to Clearway Energy?

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Clearway Energy (NYSE:CWEN) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, risk, dividends, institutional ownership, earnings and profitability.

In the previous week, Clearway Energy had 3 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 6 mentions for Clearway Energy and 3 mentions for Eco Wave Power Global AB (publ). Clearway Energy's average media sentiment score of 0.99 beat Eco Wave Power Global AB (publ)'s score of 0.37 indicating that Clearway Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Eco Wave Power Global AB (publ)
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Clearway Energy
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. Comparatively, 84.5% of Clearway Energy shares are held by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are held by company insiders. Comparatively, 0.5% of Clearway Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Clearway Energy has a net margin of 5.78% compared to Eco Wave Power Global AB (publ)'s net margin of 0.00%. Clearway Energy's return on equity of 1.60% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Eco Wave Power Global AB (publ)N/A -58.04% -40.99%
Clearway Energy 5.78%1.60%0.55%

Clearway Energy has higher revenue and earnings than Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Clearway Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eco Wave Power Global AB (publ)$40K771.45-$3.70M-$0.60N/A
Clearway Energy$1.43B4.49$169M$0.7641.09

Clearway Energy has a consensus price target of $43.78, suggesting a potential upside of 40.20%. Given Clearway Energy's stronger consensus rating and higher possible upside, analysts plainly believe Clearway Energy is more favorable than Eco Wave Power Global AB (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.50
Clearway Energy
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
2 Strong Buy rating(s)
3.00

Eco Wave Power Global AB (publ) has a beta of -0.37, meaning that its stock price is 137% less volatile than the broader market. Comparatively, Clearway Energy has a beta of 0.87, meaning that its stock price is 13% less volatile than the broader market.

Summary

Clearway Energy beats Eco Wave Power Global AB (publ) on 15 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WAVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WAVE vs. The Competition

MetricEco Wave Power Global AB (publ)Independent Power & Renewable Electricity Producers IndustryUtilities SectorNASDAQ Exchange
Market Cap$30.85M$7.10B$15.70B$12.85B
Dividend YieldN/A4.41%4.04%11.71%
P/E Ratio-9.2733.5324.1220.80
Price / Sales771.45306.35272.1990.54
Price / CashN/A15.1718.6051.52
Price / Book5.622.972.176.20
Net Income-$3.70M$231.18M$701.43M$358.50M
7 Day Performance-5.60%-0.81%-0.81%-2.35%
1 Month Performance-23.20%-3.07%-2.11%-2.77%
1 Year Performance-42.68%4.51%7.71%7.63%

Eco Wave Power Global AB (publ) Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WAVE
Eco Wave Power Global AB (publ)
1.1958 of 5 stars
$5.56
-2.3%
N/A-41.9%$30.85M$40KN/A10
SPRU
Spruce Power
0.3314 of 5 stars
$1.79
+0.6%
N/A-3.3%$34.27M$108.49MN/A180
RNWWW
ReNew Energy Global
N/A$0.00
-39.0%
N/A-99.4%$0.00$137.78BN/A1,680
BEP
Brookfield Renewable Partners
3.7576 of 5 stars
$32.12
+2.2%
$38.14
+18.8%
+21.2%$9.43B$6.36BN/A5,870
ENLT
Enlight Renewable Energy
2.5224 of 5 stars
$77.51
-1.8%
$75.00
-3.2%
+152.7%$9.36B$582.26M125.02100

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This page (NASDAQ:WAVE) was last updated on 9/12/2026 by MarketBeat.com Staff.
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