Should I buy or sell Energous stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energous in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WATT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WATT, but not buy additional shares or sell existing shares. View WATT analyst ratings or view top-rated stocks .

What is Energous' stock price target for 2024?

1 analysts have issued 12-month price targets for Energous' shares. Their WATT share price targets range from $2.00 to $2.00. On average, they predict the company's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View analysts price targets for WATT or view top-rated stocks among Wall Street analysts .

How have WATT shares performed in 2024?

Energous' stock was trading at $1.83 at the beginning of the year. Since then, WATT stock has decreased by 15.0% and is now trading at $1.5550. View the best growth stocks for 2024 here .

When is Energous' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our WATT earnings forecast .

How were Energous' earnings last quarter?

Energous Co. (NASDAQ:WATT) posted its quarterly earnings results on Thursday, November, 11th. The industrial products company reported ($2.60) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.00) by $0.40. The industrial products company had revenue of $0.20 million for the quarter, compared to analysts' expectations of $0.25 million. Energous had a negative trailing twelve-month return on equity of 126.05% and a negative net margin of 4,077.47%. During the same period last year, the company earned ($3.60) EPS.

When did Energous' stock split?

Energous shares reverse split on Wednesday, August 16th 2023. The 1-20 reverse split was announced on Wednesday, August 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Energous own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energous investors own include Edap Tms (EDAP) , Weatherford International (WFT) , CTI BioPharma (CTIC) , Advanced Micro Devices (AMD) , NVIDIA (NVDA) , Micron Technology (MU) , Alibaba Group (BABA) and Petróleo Brasileiro S.A. - Petrobras (PBR) .

How do I buy shares of Energous?

Shares of WATT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:WATT

Energous (WATT) Stock Price, News & Analysis

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$1.56

-0.12 (-7.16%)

(As of 04/15/2024 ET)

Compare

Today's Range: $1.55
▼
$1.76
50-Day Range: $1.56
▼
$2.56
52-Week Range: $1.51
▼
$9.36

Volume: 89,322 shs
Average Volume: 67,641 shs
Market Capitalization: $9.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.00

Get Energous alerts:

Energous MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 28.6% Upside
$2.00 Price Target
Short Interest: Bearish
9.68% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($3.43) to ($3.37) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

Industrial Products Sector

166th out of 171 stocks

Radio & T.V. Communications Equipment Industry

20th out of 20 stocks

3.0

Analyst's Opinion

Consensus Rating
Energous has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Energous has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
9.68% of the float of Energous has been sold short.
Short Interest Ratio / Days to Cover
Energous has a short interest ratio ("days to cover") of 8.4.
Change versus previous month
Short interest in Energous has recently increased by 8.37%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Energous does not currently pay a dividend.
Dividend Growth
Energous does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WATT.

3.3

News and Social Media Coverage

News Sentiment
Energous has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Energous this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Energous to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Energous insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Energous is held by insiders.
Percentage Held by Institutions
Only 4.35% of the stock of Energous is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Energous are expected to grow in the coming year, from ($3.43) to ($3.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Energous is -0.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Energous is -0.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Energous has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Energous Stock (NASDAQ:WATT)

Energous Corporation develops wireless charging applications. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency-based charging for electronic devices. Its products are used in building and home automation, electronic shelf labels, industrial IoT sensors, surface and implanted medical devices, tracking devices, hearables, wearables, consumer electronics, and public safety applications. Energous Corporation was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was incorporated in 2012 and is headquartered in San Jose, California.

WATT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WATT Stock News Headlines

April 16, 2024 | americanbankingnews.com

StockNews.com Initiates Coverage on Energous (NASDAQ:WATT)

April 8, 2024 | americanbankingnews.com

StockNews.com Begins Coverage on Energous (NASDAQ:WATT)

April 16, 2024 | InvestorPlace (Ad)

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April 6, 2024 | americanbankingnews.com

Energous (NASDAQ:WATT) Downgraded by LADENBURG THALM/SH SH to "Neutral"

April 1, 2024 | finance.yahoo.com

Energous Corporation (NASDAQ:WATT) Q4 2023 Earnings Call Transcript

March 31, 2024 | finance.yahoo.com

Energous Full Year 2023 Earnings: US$4.15 loss per share (vs US$6.78 loss in FY 2022)

March 30, 2024 | seekingalpha.com

Energous Corporation (WATT) Q4 2023 Earnings Call Transcript

March 28, 2024 | investorplace.com

WATT Stock Earnings: Energous Beats EPS, Misses Revenue for Q4 2023

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

March 28, 2024 | investing.com

Energous CEO Cesar Johnston steps down

March 28, 2024 | businesswire.com

Energous Corporation Reports 2023 Results

March 28, 2024 | businesswire.com

Energous Corporation Reports 2023 Results

March 27, 2024 | benzinga.com

Earnings Outlook For Energous

March 27, 2024 | markets.businessinsider.com

What Wall Street expects from Energous's earnings

March 26, 2024 | finance.yahoo.com

Energous Announces Leadership Change

March 18, 2024 | finance.yahoo.com

Energous Announces Velociti as Preferred Deployment Partner and Value-Added Reseller

March 14, 2024 | finance.yahoo.com

Energous Announces Participation in 36th Annual ROTH Conference

March 14, 2024 | finance.yahoo.com

Energous Corporation Announces Conference Call for 2023 Financial Results

March 5, 2024 | finance.yahoo.com

Energous to Display Innovative Wireless Power Networks Solutions for Logistics Digitization at MODEX 2024

March 5, 2024 | businesswire.com

Energous to Display Innovative Wireless Power Networks Solutions for Logistics Digitization at MODEX 2024

February 29, 2024 | finance.yahoo.com

Energous Corporation (WATT)

February 16, 2024 | marketwatch.com

Energous Shares Drop on Pricing of $2 Million Offering

February 16, 2024 | msn.com

Energous slumps 17%, prices $2M ATM offering

February 15, 2024 | finance.yahoo.com

Energous Announces $2.0 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules

February 15, 2024 | businesswire.com

Energous Announces $2.0 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules

February 15, 2024 | nypost.com

Buddhist monks robbed at gunpoint after thieves break into back door of Brooklyn temple

February 15, 2024 | finance.yahoo.com

WiGL and Energous Announce Developmental Milestone to Bring Touchless Wireless Power Transfer Networks to Market

See More Headlines

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Company Calendar

Last Earnings: 11/11/2021
Today: 4/16/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:WATT
CUSIP: N/A
CIK: 1575793
Web: www.energous.com
Phone: (408) 963-0200
Fax: 925-344-4199
Employees: 43
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.00
High Stock Price Target: $2.00
Low Stock Price Target: $2.00
Potential Upside/Downside: +28.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.11)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-19,370,000.00
Net Margins: -4,077.47%
Pretax Margin: -4,085.86%
Return on Equity: -126.05%
Return on Assets: -93.09%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.25
Quick Ratio: 3.15

Sales & Book Value

Annual Sales: $474,184.00
Price / Sales: 19.95
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.21 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 6,083,000
Free Float: 6,022,000
Market Cap: $9.46 million
Optionable: No Data
Beta: 2.55

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Key Executives

Mr. Cesar Johnston (Age 60)
President, CEO & Director
Comp: $880k
Ms. Mallorie Sara Burak (Age 53)
Chief Financial Officer
Mr. Giampaolo Marino
Vice President of Business Development & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WATT Stock Analysis - Frequently Asked Questions

Should I buy or sell Energous stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Energous in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WATT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WATT, but not buy additional shares or sell existing shares.
View WATT analyst ratings or view top-rated stocks.
What is Energous' stock price target for 2024?: 1 analysts have issued 12-month price targets for Energous' shares. Their WATT share price targets range from $2.00 to $2.00. On average, they predict the company's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for WATT or view top-rated stocks among Wall Street analysts.
How have WATT shares performed in 2024?: Energous' stock was trading at $1.83 at the beginning of the year. Since then, WATT stock has decreased by 15.0% and is now trading at $1.5550.
View the best growth stocks for 2024 here.
When is Energous' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our WATT earnings forecast.

How were Energous' earnings last quarter?: Energous Co. (NASDAQ:WATT) posted its quarterly earnings results on Thursday, November, 11th. The industrial products company reported ($2.60) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.00) by $0.40. The industrial products company had revenue of $0.20 million for the quarter, compared to analysts' expectations of $0.25 million. Energous had a negative trailing twelve-month return on equity of 126.05% and a negative net margin of 4,077.47%. During the same period last year, the company earned ($3.60) EPS.
When did Energous' stock split?: Energous shares reverse split on Wednesday, August 16th 2023. The 1-20 reverse split was announced on Wednesday, August 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.
What other stocks do shareholders of Energous own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Energous investors own include Edap Tms (EDAP), Weatherford International (WFT), CTI BioPharma (CTIC), Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA) and Petróleo Brasileiro S.A. - Petrobras (PBR).
How do I buy shares of Energous?: Shares of WATT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:WATT) was last updated on 4/16/2024 by MarketBeat.com Staff

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