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Energous (WATT)
NASDAQ:WATT
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Energous (WATT) AI Stock Analysis

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WATT

Energous

(NASDAQ:WATT)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
$24.00
▲(503.02% Upside)
Action:ReiteratedDate:04/17/26
The score is held back primarily by weak financial fundamentals—large operating losses and persistent cash burn—despite improved revenue and gross margin. Technicals are strong with clear momentum above major moving averages, but valuation is constrained by ongoing unprofitability and no dividend data.
Positive Factors
Revenue rebound & margin expansion
A large revenue rebound and a move to ~36% gross margin indicate improving product economics and early operating leverage. If sustained, this trend supports scalable unit economics, reduces the revenue threshold to break-even, and materially improves the path to positive cash generation over months.
Negative Factors
Persistent cash burn
Sustained negative OCF and FCF mean the business is not self-funding at current scale and will likely need external capital to sustain growth. Continued cash burn limits runway, can force dilutive financings, and constrains long-term investments in R&D and manufacturing scale.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound & margin expansion
A large revenue rebound and a move to ~36% gross margin indicate improving product economics and early operating leverage. If sustained, this trend supports scalable unit economics, reduces the revenue threshold to break-even, and materially improves the path to positive cash generation over months.
Read all positive factors

Energous (WATT) vs. SPDR S&P 500 ETF (SPY)

Energous Business Overview & Revenue Model

Company Description
Energous Corporation (NASDAQ: WATT) is a pioneering technology company specializing in wireless power transfer and energy harvesting solutions. The company focuses on developing innovative technologies that enable the wireless charging of electron...
How the Company Makes Money
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Energous Financial Statement Overview

Summary
Strong 2025 revenue rebound (~86.5% YoY) and gross margin improvement (~36%) are positives, but the core financial profile remains weak with very large losses (net margin ~-170%, EBIT margin ~-159%) and deeply negative operating/free cash flow (~-$12.4M/~-$12.5M). Low leverage (debt-to-equity ~0.09) helps, yet sustained cash burn and negative returns (ROE ~-77%) keep the score below average.
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
21
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue5.63M768.00K474.18K851.32K756.79K
Gross Profit2.03M12.00K195.10K-426.24K756.79K
EBITDA-8.81M-16.84M-21.55M-25.64M-37.16M
Net Income-9.59M-18.40M-19.37M-26.28M-41.43M
Balance Sheet
Total Assets16.74M3.79M16.68M29.75M51.37M
Cash, Cash Equivalents and Short-Term Investments10.40M1.35M13.88M26.29M49.07M
Total Debt1.17M1.49M1.26M1.97M668.72K
Total Liabilities4.24M4.87M5.18M5.11M4.39M
Stockholders Equity12.50M-1.08M11.50M24.65M46.98M
Cash Flow
Free Cash Flow-12.50M-17.70M-19.44M-23.80M-29.09M
Operating Cash Flow-12.42M-17.57M-19.25M-23.64M-28.72M
Investing Cash Flow-82.00K-123.00K-187.00K-164.99K-365.74K
Financing Cash Flow21.55M5.11M7.08M1.02M27.43M

Energous Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.98
Price Trends
50DMA
13.88
Positive
100DMA
9.80
Positive
200DMA
9.34
Positive
Market Momentum
MACD
2.33
Negative
RSI
72.56
Negative
STOCH
88.72
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WATT, the sentiment is Positive. The current price of 3.98 is below the 20-day moving average (MA) of 17.50, below the 50-day MA of 13.88, and below the 200-day MA of 9.34, indicating a bullish trend. The MACD of 2.33 indicates Negative momentum. The RSI at 72.56 is Negative, neither overbought nor oversold. The STOCH value of 88.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WATT.

Energous Risk Analysis

Energous disclosed 1 risk factors in its most recent earnings report. Energous reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Energous Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
61
Neutral
$93.10M110.942.42%38.22%70.68%
53
Neutral
$818.89M-13.49-70.17%36.85%-77.93%
52
Neutral
$129.44M-1.12-86.24%599.15%82.47%
52
Neutral
$27.36M3.4450.99%-48.54%
45
Neutral
$46.46M-35.85-14.57%-1.70%17.13%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
WATT
Energous
24.47
15.95
187.21%
LPTH
Lightpath Technologies
14.65
12.65
632.50%
NEON
Neonode
1.72
-8.15
-82.57%
CPSH
CPS Technologies
5.22
3.73
250.34%
LINK
Interlink Electronics
3.00
-0.87
-22.48%
HOLO
MicroCloud Hologram
2.21
-9.37
-80.92%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 17, 2026