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An update from Energous ( (WATT) ) is now available.
On June 11, 2025, Energous Corporation held its Annual Meeting of Stockholders virtually, where stockholders approved several key proposals, including the amendment of the 2024 Equity Incentive Plan to increase authorized shares by 2,000,000. The meeting also saw the election of four directors and the ratification of BPM LLP as the independent accounting firm. Additionally, stockholders approved a reverse stock split and decided on a biennial advisory vote on executive compensation.
Spark’s Take on WATT Stock
According to Spark, TipRanks’ AI Analyst, WATT is a Neutral.
Energous faces significant financial challenges, with negative equity and cash flow issues being the primary concerns. Technical indicators provide some neutral signals, but they are insufficient to offset the poor financial and valuation scores. The absence of earnings call insights and corporate events limits the potential for a higher assessment.
To see Spark’s full report on WATT stock, click here.
More about Energous
Energous Corporation operates in the wireless power solutions industry, focusing on developing and providing innovative wireless charging technologies.
Average Trading Volume: 1,113,832
Technical Sentiment Signal: Strong Sell
Current Market Cap: $9.56M
For an in-depth examination of WATT stock, go to TipRanks’ Overview page.