Energous (WATT) downgraded, but stock is up: why?

1:01 pm ET, 22 May 2018

Just as ValuEngine downgraded Energous (WATT), investors reacted violently and bought shares of this company.  The stock price is up 6% in mid-day trading today. What is driving this?  What is WATT stock price forecast? 

Energous Corporation develops a wire-free charging system.  Its key product WattUp consists of semiconductor chipsets, software, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices, providing power at a distance and enables charging with mobility under software control. 

As a pioneer in wireless charging, Energous has a significant long-term potential.  Our technical analysis confirms this--and also highlights a strong positive short-term sentiment.  

The mid-term potential looks a little less promising.  Short-sellers doubt that Apple will ever use Energous' wireless charging technology.  However, VentureBeat reported that Energous and Apple have been working together since 2014. 

S&P Capital IQ analysis shows strong growth prospects for the stock.  However, the analysis also highlights high stock valuation and relatively poor financial health.  See details below. 

Equity analysts are positive above Energous stock price prospects.  Based on Finstead research, WATT average analyst price target is $37.60 (visit Finstead and type "WATT price target" or "WATT upside" to get the latest scoop on equity analysts' position).

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Energous (WATT): Too Late To Jump In?

1:28 pm ET, 10 Apr 2018

Energous Corporation (NASDAQ: WATT) is trading up 10% mid-day today.  This is a stark contrast to a 25.8% spike in pre-market trading.  

Energous announced Federal Communications Commission's (FCC's) certification of its WattUp Near Field transmitter.  The transmitter runs at 900 MHz and is fully compliant with all safety, EMC, and regulatory requirements. 

Consequently, the stock popped, but enthusiasm is waning in mid-day trading.

The consensus analyst rating for PANW is Buy.  Based on Finstead research, the stock seems to be undervalued (visit Finstead and type "PANW upside" or "PANW price target"). 

Over the last year, WATT returned +24.75%. This return is higher than Electronic Equipment sector (3.11%), Consumer Goods industry (6.79%), and S&P 500 (10.86%) returns.

The stock has a record share of short float (almost 30%), so it's bound to be volatile.  

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

Energous Corporation (WATT) Stock Guide

Updated at: 7:56 pm ET, 12 Jul 2020

Before we start: if you're looking for WATT stock price, you can quickly find it out by visiting Finny and typing "WATT quote". If you're looking for a quick scoop on WATT stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "WATT". You'll get all this info in one place. Or you can just type "WATT news" to get the latest stock news.

Looking to buy or sell Energous Corporation (WATT)? Interested in getting the full scoop on WATT, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this WATT stock guide, we'll address key questions about WATT, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are WATT earnings?
2. When is WATT earnings date?
3. What is WATT stock forecast (i.e., prediction)?
4. WATT buy or sell? What is WATT Finny Score?
5. What are the reasons to buy WATT? Why should I buy WATT stock?
6. What are the reasons to sell WATT? Why should I sell WATT stock?
7. What are WATT key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are WATT earnings?

WATT trailing 12-month earnings per share (EPS) is -$1.13.

2. When is WATT earnings date?

WATT earnings date is May 06, 2020.

Analyst Predictions

3. What is WATT stock forecast (i.e., prediction)?

Based on WATT analyst price targets, WATT stock forecast is $6.00 (for a year from now). That means the average analyst price target for WATT stock is $6.00. The prediction is based on 4 analyst estimates.

The low price target for WATT is $5.00, while the high price target is $7.00.

WATT analyst rating is Buy.

Analysis

4. WATT buy or sell? What is WATT Finny Score?

#{finnyScore:33}Our quantitative analysis shows 3 reasons to buy and 6 reasons to sell WATT, resulting in Finny Score of 33.

5. What are the reasons to buy WATT? Why should I buy WATT stock?

Here are the reasons to buy WATT stock:

6. What are the reasons to sell WATT? Why should I sell WATT stock?

Let's look at the reasons to sell WATT stock (i.e., the bear case):

Key Stats

7. What are WATT key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for WATT:

Metrics WATT
Price $3.20
Average Price Target / Upside $6.00 / 87.50%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Electronic Components
Sector Technology
Number of Employees 69
Market Cap $77.69M
Forward P/E Ratio -3.13
Price/Book Ratio 398.17
Revenue (TTM) $195.12K
YoY Quarterly Revenue Growth -7.60%
Profit Margin 0.00%

If you liked this analysis, check out Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

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