WAVE stock closed at $8.51 on January 31, 2025, with a 5.19% regular market gain and a 1.53% post-market increase, reflecting bullish sentiment. The recent permit approval for its U.S. wave energy project, in collaboration with Shell, positions the company for revenue growth and industry leadership. With installation completion expected by Q1 2025, the stock could target $10 in the near term, driven by positive momentum and renewable energy prospects.