NASDAQ:WATT - Energous Stock Price, Forecast & News

Energous trades on the NASDAQ under the ticker symbol "WATT."

Energous Corp (NASDAQ:WATT) issued its earnings results on Thursday, November, 7th. The industrial products company reported ($0.27) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.30) by $0.03. The industrial products company had revenue of $0.04 million for the quarter, compared to analysts' expectations of $0.40 million. Energous had a negative return on equity of 164.30% and a negative net margin of 19,557.08%. View Energous' Earnings History.

Energous is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Energous.

2 analysts have issued 12-month target prices for Energous' stock. Their forecasts range from $6.50 to $7.00. On average, they expect Energous' stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 240.9% from the stock's current price. View Analyst Price Targets for Energous.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energous in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energous.

News coverage about WATT stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Energous earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Energous.

Energous saw a decline in short interest in December. As of December 31st, there was short interest totalling 4,490,000 shares, a decline of 10.7% from the December 15th total of 5,030,000 shares. Based on an average daily volume of 542,200 shares, the days-to-cover ratio is currently 8.3 days. Approximately 18.0% of the company's stock are short sold. View Energous' Current Options Chain.

Some companies that are related to Energous include Cambium Networks (CMBM), KVH Industries (KVHI), Ceragon Networks (CRNT), PC Tel (PCTI), SeaChange International (SEAC), Pointer Telocation (PNTR), Airgain (AIRG), Aviat Networks (AVNW), SGOCO Group (SGOC), Vuzix (VUZI), ParkerVision (PRKR), Digital Ally (DGLY), Technical Communications (TCCO), Sonic Foundry (SOFO) and Superconductor Technologies (SCON).

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), Canopy Growth (CGC), PotNetwork (POTN), Advanced Micro Devices (AMD), NVIDIA (NVDA), Aurora Cannabis (ACB), Micron Technology (MU) and Aurora Cannabis (ACB).

Energous' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Brave Asset Management Inc. (0.13%). Company insiders that own Energous stock include Brian J Sereda, Cesar Johnston, John Gaulding, Michael Aaron Leabman, Neeraj Sahejpal, Nicolaos G Alexopoulos and Stephen R Rizzone. View Institutional Ownership Trends for Energous.

WATT stock was bought by a variety of institutional investors in the last quarter, including Brave Asset Management Inc.. View Insider Buying and Selling for Energous.

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

One share of WATT stock can currently be purchased for approximately $1.98.

Energous has a market capitalization of $62.37 million and generates $510,000.00 in revenue each year. The industrial products company earns $-50,840,000.00 in net income (profit) each year or ($1.99) on an earnings per share basis. Energous employs 69 workers across the globe.View Additional Information About Energous.

The official website for Energous is http://www.energous.com/.

Energous' mailing address is 3590 NORTH FIRST STREET SUITE 210, SAN JOSE CA, 95134. The industrial products company can be reached via phone at 408-963-0200 or via email at [email protected]