Energous Corporation (WATT)
NASDAQ: WATT · IEX Real-Time Price · USD
1.060
-0.030 (-2.75%)
At close: Jul 2, 2024, 4:00 PM
1.110
+0.050 (4.72%)
After-hours: Jul 2, 2024, 7:56 PM EDT
Energous Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Energous stock have an average target of 2.25, with a low estimate of 2.00 and a high estimate of 2.50. The average target predicts an increase of 112.26% from the current stock price of 1.06.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for Energous stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ladenburg Thalmann | Ladenburg Thalmann | Hold → Strong Buy Upgrades $2 | Hold → Strong Buy | Upgrades | $2 | +88.68% | May 16, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $4 → $2.5 | Strong Buy | Maintains | $4 → $2.5 | +135.85% | May 16, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy → Hold Downgrades $2 | Strong Buy → Hold | Downgrades | $2 | +88.68% | Apr 5, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Maintains $30 → $38 | Strong Buy | Maintains | $30 → $38 | +3,484.91% | Aug 11, 2022 |
| Roth Capital | Roth Capital | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Jul 30, 2021 |
Financial Forecast
Revenue This Year
940.95K
from 474.18K
Increased by 98.44%
Revenue Next Year
3.93M
from 940.95K
Increased by 317.66%
EPS This Year
-3.07
from -4.15
EPS Next Year
-2.93
from -3.07
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1M | 5.3M |
| Avg | 940,950 | 3.9M |
| Low | 765,380 | 2.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 135.6% | 457.9% |
| Avg | 98.4% | 317.7% |
| Low | 61.4% | 181.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -2.95 | -2.63 |
| Avg | -3.07 | -2.93 |
| Low | -3.15 | -3.18 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.