Greenwave Technology Solutions (NASDAQ:GWAV) Trading 1.4% Higher – What’s Next?

Posted by Brenda Bartman on Jul 17th, 2026

Greenwave Technology Solutions, Inc. (NASDAQ:GWAV – Get Free Report)’s stock price traded up 1.4% on Thursday . The stock traded as high as $3.32 and last traded at $2.97. 23,962 shares were traded during trading, an increase of 129% from the average daily volume of 10,460 shares. The stock had previously closed at $2.93.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Greenwave Technology Solutions in a research report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Stock Report on GWAV

Greenwave Technology Solutions Stock Up 1.4%

The business’s 50 day simple moving average is $3.38 and its 200-day simple moving average is $3.88. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.11 and a current ratio of 0.21. The company has a market cap of $2.47 million, a price-to-earnings ratio of -0.07 and a beta of 0.17.

Greenwave Technology Solutions (NASDAQ:GWAV – Get Free Report) last posted its quarterly earnings results on Friday, June 12th. The company reported ($7.16) earnings per share for the quarter. Greenwave Technology Solutions had a negative return on equity of 62.56% and a negative net margin of 46.33%.The company had revenue of $15.61 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Greenwave Technology Solutions stock. XTX Topco Ltd purchased a new stake in shares of Greenwave Technology Solutions, Inc. (NASDAQ:GWAV – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 147,373 shares of the company’s stock, valued at approximately $28,000. XTX Topco Ltd owned about 0.24% of Greenwave Technology Solutions at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.64% of the company’s stock.

About Greenwave Technology Solutions

(Get Free Report)

Greenwave Technology Solutions, Inc (NASDAQ: GWAV) is a developer of Internet of Things (IoT) connectivity management solutions. The company’s cloud-native platform enables enterprises and service providers to orchestrate, monitor and secure cellular data connections across a variety of devices and network operators, offering features such as remote provisioning, subscription management and real-time analytics.

Its core offerings include eSIM management, multi-operator roaming orchestration and automated compliance tools designed to simplify the deployment and lifecycle management of large-scale IoT and machine-to-machine (M2M) connectivity projects.