NASDAQ:WATT

Energous - WATT Stock Forecast, Price & News

$1.06

+0.02 (+1.92%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $1.05
▼
$1.09
50-Day Range: $1.02
▼
$1.53
52-Week Range: $0.82
▼
$2.65

Volume: 223,117 shs
Average Volume: 459,703 shs
Market Capitalization: $82.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.90

Energous MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 79.2% Upside
$1.90 Price Target
Short Interest: Bearish
4.05% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$66,352 Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.38) to ($0.41) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.72 out of 5 stars

Industrial Products Sector

158th out of 186 stocks

Radio & T.V. Communications Equipment Industry

20th out of 26 stocks

3.5

Analyst's Opinion

Consensus Rating
Energous has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.90, Energous has a forecasted upside of 79.2% from its current price of $1.06.
Amount of Analyst Coverage
Energous has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.05% of the outstanding shares of Energous have been sold short.
Short Interest Ratio / Days to Cover
Energous has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.
Change versus previous month
Short interest in Energous has recently decreased by 2.48%, indicating that investor sentiment is improving.

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.

2.2

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 0.57 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Energous this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for WATT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Energous to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Energous insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $66,352.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of Energous is held by insiders.
Percentage Held by Institutions
Only 8.79% of the stock of Energous is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Energous are expected to decrease in the coming year, from ($0.38) to ($0.41) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Energous is -2.08, 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 -2.08, 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 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Energous (NASDAQ:WATT) Stock

Energous Corporation develops wireless charging solutions. 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. The company's 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. The company was incorporated in 2012 and is headquartered in San Jose, California.

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WATT Stock News Headlines

September 27, 2022 | seekingalpha.com

Energous Starts Generating A Small Amount Of Product Revenue (NASDAQ:WATT) - Seeking Alpha

September 20, 2022 | businesswire.com

Energous and Flagship Announce Second Commercial Deployment of Wireless Power Networks with Major Fashion Brand - Business Wire

September 19, 2022 | businesswire.com

Energous Presenting to Investors at Ladenburg Thalmann & Co. Inc. - Business Wire

September 7, 2022 | businesswire.com

Energous Receives Approval in Australia and New Zealand for 1W WattUp PowerBridge Transmitters - Business Wire

September 7, 2022 | finance.yahoo.com

Energous Receives Approval in Australia and New Zealand for 1W WattUp PowerBridge Transmitters

August 31, 2022 | businesswire.com

Energous and e-peas Announce New Wireless Energy Harvesting Evaluation Kit Supporting IoT Industrial, Retail and Medical Applications - Business Wire

August 31, 2022 | finance.yahoo.com

Energous and e-peas Announce New Wireless Energy Harvesting Evaluation Kit Supporting IoT Industrial, Retail and Medical Applications

August 29, 2022 | nasdaq.com

Energous (WATT)'s Technical Outlook is Bright After Key Golden Cross - Nasdaq

August 29, 2022 | finance.yahoo.com

Energous (WATT)'s Technical Outlook is Bright After Key Golden Cross

August 25, 2022 | bloomberg.com

Wireless Power Transmission Market Size to hit USD 23174.8 Mn by 2027, Growing at a CAGR of 22.5% Says Brandessence Market - Bloomberg

August 23, 2022 | nasdaq.com

ABB, ATS Global Sign MOU to Expand ABB Ability DCA Business - Nasdaq

August 22, 2022 | finance.yahoo.com

ABB, ATS Global Sign MOU to Expand ABB Ability DCA Business - Yahoo Finance

August 15, 2022 | businesswire.com

Energous Corporation Names Two New Directors - Business Wire

August 15, 2022 | finance.yahoo.com

Energous Corporation Names Two New Directors

August 13, 2022 | forbes.com

Ice Caps Are Melting Faster, Nikola-Tesla Rivalry Heats Up And Making Green Hydrogen - Forbes

August 12, 2022 | seekingalpha.com

Energous Corporation (WATT) CEO Cesar Johnston on Q2 2022 Results - Earnings Call Transcript

August 11, 2022 | seekingalpha.com

Energous gets landmark FCC approval, publishes Q2 report (NASDAQ:WATT) - Seeking Alpha

August 11, 2022 | finance.yahoo.com

Energous Breakthrough FCC Approval For 15W WattUp PowerBridge, Increases Wireless Power Networks Charging Capability by 15 Times - Yahoo Finance

August 10, 2022 | seekingalpha.com

Energous Q2 2022 Earnings Preview (NASDAQ:WATT) - Seeking Alpha

August 10, 2022 | greenwichtime.com

Energous: Q2 Earnings Snapshot - Greenwich Time

August 10, 2022 | businesswire.com

Energous Breakthrough FCC Approval For 15W WattUp PowerBridge, Increases Wireless Power Networks Charging Capability by 15 Times - Business Wire

August 10, 2022 | businesswire.com

Energous Corporation Reports 2022 Second-Quarter Results - Business Wire

August 10, 2022 | nasdaq.com

Is Energous (NASDAQ:WATT) In A Good Position To Invest In Growth? - Nasdaq

August 9, 2022 | benzinga.com

Energous Earnings: A Preview - Benzinga

August 9, 2022 | nasdaq.com

Emerson Electric (EMR) Q3 Earnings Beat Estimates - Nasdaq

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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WATT Company Calendar

Last Earnings: 8/10/2022
Today: 10/04/2022
Next Earnings (Estimated): 11/10/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:WATT
CUSIP: N/A
CIK: 1575793
Web: www.energous.com
Phone: (408) 963-0200
Fax: 925-344-4199
Employees: 48
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $1.90
High Stock Price Forecast: $1.90
Low Stock Price Forecast: $1.90
Forecasted Upside/Downside: +79.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.51)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-41,430,000.00
Net Margins: -4,120.80%
Pretax Margin: -4,120.69%
Return on Equity: -82.18%
Return on Assets: -74.07%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 9.37
Quick Ratio: 9.36

Sales & Book Value

Annual Sales: $760,000.00
Price / Sales: 108.07
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.62 per share
Price / Book: 1.71

Miscellaneous

Outstanding Shares: 77,483,000
Free Float: 76,553,000
Market Cap: $82.13 million
Optionable: Optionable
Beta: 2.56

Key Executives

Mr. Cesar Johnston (Age 58)
Chief Exec. Officer
Comp: $697.79k

Mr. William T. Mannina (Age 52)
Acting Chief Financial Officer
Comp: $335.8k

Matt Sullivan
Investor Relations Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WATT Stock - Frequently Asked Questions

Should I buy or sell Energous stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energous in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WATT shares.
View WATT analyst ratings or view top-rated stocks.
What is Energous' stock price forecast for 2022?: 1 brokers have issued 12-month target prices for Energous' stock. Their WATT share price forecasts range from $1.90 to $1.90. On average, they predict the company's stock price to reach $1.90 in the next twelve months. This suggests a possible upside of 82.7% 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 2022?: Energous' stock was trading at $1.25 at the beginning of the year. Since then, WATT shares have decreased by 16.8% and is now trading at $1.04.
View the best growth stocks for 2022 here.
When is Energous' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our WATT earnings forecast.

How were Energous' earnings last quarter?: Energous Co. (NASDAQ:WATT) released its earnings results on Wednesday, August, 10th. The industrial products company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.03. The industrial products company earned $0.23 million during the quarter, compared to the consensus estimate of $0.19 million. Energous had a negative trailing twelve-month return on equity of 82.18% and a negative net margin of 4,120.80%. During the same quarter in the prior year, the business posted ($0.18) earnings per share.
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), Aurora Cannabis (ACB), Micron Technology (MU), Alibaba Group (BABA) and Petróleo Brasileiro S.A. - Petrobras (PBR).
What is Energous' stock symbol?: Energous trades on the NASDAQ under the ticker symbol "WATT."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Energous' stock price today?: One share of WATT stock can currently be purchased for approximately $1.04.
How much money does Energous make?: Energous (NASDAQ:WATT) has a market capitalization of $80.58 million and generates $760,000.00 in revenue each year. The industrial products company earns $-41,430,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.
How can I contact Energous?: Energous' mailing address is 3590 NORTH FIRST STREET SUITE 210, SAN JOSE CA, 95134. The official website for the company is www.energous.com. The industrial products company can be reached via phone at (408) 963-0200, via email at ir@energous.com, or via fax at 925-344-4199.

This page (NASDAQ:WATT) was last updated on 10/4/2022 by MarketBeat.com Staff

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Energous - WATT Stock Forecast, Price & News

Energous MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows