Energous Stock Forecast

WATT's stock price has decreased by -85.96% in the past year and price targets may not have had time to catch up.

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 673.20% from the current stock price of 0.29.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.00	$2.25	$2.50	$2.50
Change	+587.29%	+673.20%	+759.11%	+759.11%

* 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Hickman Ladenburg Thalmann	Ladenburg Thalmann	Hold → Strong Buy Upgrades $2	Hold → Strong Buy	Upgrades	$2	+587.29%	May 16, 2024
Suji Desilva Roth MKM	Roth MKM	Strong Buy Maintains $4 → $2.5	Strong Buy	Maintains	$4 → $2.5	+759.11%	May 16, 2024
Jon Hickman Ladenburg Thalmann	Ladenburg Thalmann	Strong Buy → Hold Downgrades $2	Strong Buy → Hold	Downgrades	$2	+587.29%	Apr 5, 2024
Jon Hickman Ladenburg Thalmann	Ladenburg Thalmann	Strong Buy Maintains $30 → $38	Strong Buy	Maintains	$30 → $38	+12,958.42%	Aug 11, 2022
Suji Desilva Roth Capital	Roth Capital	Strong Buy Maintains $100 → $80	Strong Buy	Maintains	$100 → $80	+27,391.41%	Jul 30, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

928.20K

from 474.18K

95.75%

from 474.18K

Revenue Next Year

8.67M

from 928.20K

834.07%

from 928.20K

EPS This Year

-3.21

from -4.15

EPS Next Year

-2.61

from -3.21

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	200.14K	327.35K	756.79K	851.32K	474.18K	928.20K	8.67M
Revenue Growth	-61.12%	63.56%	131.19%	12.49%	-44.30%	95.75%	834.07%
EPS	-25.38	-15.29	-12.76	-6.78	-4.15	-3.21	-2.61
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	955,500	8.9M
Avg	928,200	8.7M
Low	891,800	8.3M

Revenue Growth

Revenue Growth	2024	2025
High	101.5%	861.5%
Avg	95.7%	834.1%
Low	88.1%	797.4%

EPS Forecast

EPS	2024	2025
High	-3.31	-2.69
Avg	-3.21	-2.61
Low	-3.09	-2.51

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.