WAVE (Eco Wave Power Global AB) Shares Outstanding (EOP): 5.83 Mil (As of Mar. 2026)


WAVE Eco Wave Power Global AB WAVE
39 GF Score
Price $8.58
GF Value $1.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Eco Wave Power Global AB Shares Outstanding (EOP)?

Eco Wave Power Global AB WAVE -5.40% 39 Shares Outstanding (EOP) is 5.83 Mil as of Mar. 2026. GuruFocus rates WAVE with a GF Score™ of 39/100 and a GF Value™ of $1.54 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Eco Wave Power Global AB's shares outstanding for the quarter that ended in Mar. 2026 was 5.83 Mil.

Eco Wave Power Global AB's quarterly shares outstanding stayed the same from Dec. 2025 (5.83 Mil) to Mar. 2026 (5.83 Mil).

Eco Wave Power Global AB's annual shares outstanding declined from Dec. 2024 (5.84 Mil) to Dec. 2025 (5.83 Mil). It means Eco Wave Power Global AB bought back shares from Dec. 2024 to Dec. 2025 .


Eco Wave Power Global AB  (NAS:WAVE) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Eco Wave Power Global AB Shares Outstanding (EOP) Related Terms


Eco Wave Power Global AB Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Eco Wave Power Global AB's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eco Wave Power Global AB Shares Outstanding (EOP) Chart

Eco Wave Power Global AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only 5.55 5.55 5.55 5.84 5.83

Eco Wave Power Global AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.84 5.84 5.83 5.83 5.83

WAVE vs NXXT, AGIG, STEM: Shares Outstanding (EOP) Comparison

For the Utilities - Renewable subindustry, Eco Wave Power Global AB's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eco Wave Power Global AB Shares Outstanding (EOP) vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eco Wave Power Global AB's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Eco Wave Power Global AB's Shares Outstanding (EOP) falls into.


WAVE
39GF Score
Eco Wave Power Global AB WAVE
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Eco Wave Power Global AB Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 5.83 Mil mean?
Eco Wave Power Global AB (WAVE) has a Shares Outstanding (EOP) of 5.83 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Eco Wave Power Global AB and its competitors.
Is Eco Wave Power Global AB's Shares Outstanding (EOP) too high?
Eco Wave Power Global AB's current Shares Outstanding (EOP) is 5.83 Mil. Overall, Eco Wave Power Global AB has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eco Wave Power Global AB's Shares Outstanding (EOP) compare to NXXT and AGIG?
Eco Wave Power Global AB's Shares Outstanding (EOP) of 5.83 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Utilities - Independent Power Producers company?
A good Shares Outstanding (EOP) depends on the Utilities - Independent Power Producers industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Eco Wave Power Global AB and its competitors. Eco Wave Power Global AB's current Shares Outstanding (EOP) is 5.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Wave Power Global AB stock overvalued right now?
Based on GuruFocus' analysis, Eco Wave Power Global AB (WAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.54, compared to a current price of $8.58 — trading 457.1% above its estimated fair value. The current Shares Outstanding (EOP) is 5.83 Mil. Eco Wave Power Global AB's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Eco Wave Power Global AB (WAVE), the current Shares Outstanding (EOP) is 5.83 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eco Wave Power Global AB (WAVE) Overvalued in 2026?

Based on GuruFocus' analysis, Eco Wave Power Global AB stock appears to be overvalued. The current stock price of $8.58 is trading 457.1% above its estimated GF Value™ of $1.54. GuruFocus considers Eco Wave Power Global AB to be Significantly Overvalued.

Key valuation signals for WAVE:

  • Shares Outstanding (EOP): 5.83 Mil
  • GF Value™: $1.54 vs. price of $8.58 (457.1% above fair value)
  • GF Score™: 39/100 with 3 warning signs

No single metric tells the full story. See the WAVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eco Wave Power Global AB Business Description

Other Exchanges 1KW0:Germany
Address 52 Derech Menachem Begin Street, Tel Aviv, ISR, 6713701
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient wave energy conversion, or WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographically, it has a presence in Israel, the USA, and Mexico.
39GF Score

Get the complete analysis for WAVE

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.58
Price
$1.54
GF Value