Energous (WATT) AI Stock Analysis

• Market Cap: $35.04M
• Dividend Yield: N/A
• Average Volume (3M): 152.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• Revenue Growth: 599.15%
• EPS Growth: 82.47%
• Country: US
• Employees: 26
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.85
• Shares Outstanding: 2,175,137
• 10 Day Avg. Volume: 55,610
• 30 Day Avg. Volume: 152,098
• PEG Ratio: <0.01
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 1.05
• P/FCF Ratio: -0.47
• Enterprise Value/Market Cap: 0.42
• Enterprise Value/Revenue: 2.61
• Enterprise Value/Gross Profit: 7.37
• Enterprise Value/Ebitda: -1.54
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.98
• Revenue Forecast (FY): $14.25M

• Rating: 54 Neutral
• Price Target: $16.50 ▲(314.57% Upside)
• Action: Reiterated Date: 03/27/26
• Date: Action: Reiterated 03/27/26

The score is held back primarily by weak financial performance—large operating losses and ongoing free cash flow burn—despite improved revenue and gross margin. Technicals are a clear positive with the stock above major moving averages and supportive momentum indicators. Valuation remains challenging due to a negative P/E and no dividend yield data.

Positive Factors

Revenue Growth Momentum

Record 2025 revenue (over $5M) after a >630% YoY increase indicates tangible commercial traction for WattUp and related products. Durable top-line momentum helps spread fixed costs, validates product-market fit in target IoT/consumer segments, and creates a base to drive sustained scale and margin expansion over the next several quarters.

Negative Factors

Persistent Cash Burn

Deep negative operating and free cash flow (~-$12.4M) indicates the business is not self-funding at current scale. This creates a durable reliance on external capital, raises dilution or financing risk, constrains investment in commercialization, and shortens runway unless revenue growth accelerates or costs are materially reduced.

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...

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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

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.63M	768.00K	474.18K	851.32K	756.79K
Gross Profit	2.03M	12.00K	195.10K	-426.24K	756.79K
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 Assets	16.74M	3.79M	16.68M	29.75M	51.37M
Cash, Cash Equivalents and Short-Term Investments	10.40M	1.35M	13.88M	26.29M	49.07M
Total Debt	1.17M	1.49M	1.26M	1.97M	668.72K
Total Liabilities	4.24M	4.87M	5.18M	5.11M	4.39M
Stockholders Equity	12.50M	-1.08M	11.50M	24.65M	46.98M
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 Flow	21.55M	5.11M	7.08M	1.02M	27.43M

Energous Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 13.61, below the 50-day MA of 10.77, and below the 200-day MA of 8.65, indicating a bullish trend. The MACD of 1.87 indicates Negative momentum. The RSI at 61.52 is Neutral, neither overbought nor oversold. The STOCH value of 61.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WATT.

Energous Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
WATT	54 Neutral	$35.04M	-0.62	-111.44%	―	599.15%	82.47%
LPTH	53 Neutral	$634.22M	-13.49	-70.17%	―	36.85%	-77.93%
NEON	52 Neutral	$22.82M	3.44	50.99%	―	-48.54%	―
CPSH	52 Neutral	$68.37M	110.94	2.42%	―	38.22%	70.68%
LINK	43 Neutral	$47.72M	-35.85	-14.57%	―	-1.70%	17.13%

Energous Corporate Events