Energous Corporation (WATT) focuses on over-the-air wireless power systems that move beyond traditional cables, pads, or battery swaps. The approach relies on radio-frequency energy to deliver power to small electronics, which could prove useful in a growing Internet of Things environment. I reviewed the fundamentals here to understand how the business operates and where its revenue comes from.
The company was incorporated in Delaware in October 2012 as DvineWave Inc. and changed its name to Energous in January 2014. Headquartered in San Jose, California, it lists on the Nasdaq Capital Market under WATT. With roughly two dozen employees, the team is led by Chief Executive Officer Mallorie Burak. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
At the center is the Wireless Power Network built on the WattUp platform. It integrates chipsets, software, hardware designs, and antennas to support RF charging for IoT devices. Solutions cover both near-field and longer-distance applications, so power delivery does not always require direct contact. The lineup features PowerBridge transmitters, receiver integrated circuits, and cloud software such as the e-Compass platform, along with battery-free sensor tags for ongoing monitoring.
Applications center on retail, logistics, industrial, healthcare, and cold-chain settings. Examples include electronic shelf labels, asset trackers, air-quality monitors, motion detectors, and cold-chain tags. Rather than selling directly to consumers, the model supplies technology to manufacturers and enterprise partners for integration into their own offerings. Revenue remains concentrated in this single segment of wireless-power development, licensing, and sales, reflecting an early-stage profile with ongoing research investment. The intellectual-property base exceeds 250 patents in this area.
Interest stems from the expansion of IoT and the shift toward battery-free, connected devices. As more sensors and trackers enter supply chains and retail spaces, the operational burden of battery changes grows, and Energous technology aims to address that directly. Its RF method stands apart from inductive charging that needs close proximity, while the patent portfolio, certifications, and engineering know-how add competitive edges. From what I see, this gives investors exposure to themes in smart retail, industrial automation, and asset tracking, though the story stays speculative given the modest revenue base and the need to convert interest into sustained sales.
Several factors warrant attention. The limited operating history and lack of profitability suggest potential need for additional capital. The small revenue base leaves uncertainty about future sales momentum. The RF wireless-power market remains emerging, with competition from other wireless methods and traditional batteries or wired options. Customer concentration adds another layer, as does reliance on a few commercial accounts and partners. Technological and regulatory exposure includes dependence on unlicensed RF spectrum, where changes could impact operations. As a small-cap name, WATT shares can also show notable volatility, placing it in a higher-risk category than larger technology firms.
Tickeron's AI Screener serves as a practical resource when evaluating names like this. It combines technical indicators, fundamentals, volatility measures, trends, AI signals, industry filters, and price patterns to help narrow down opportunities that fit individual strategies. In my own process, it provides a straightforward way to compare emerging technology plays against broader market options without sifting through thousands of names manually.
Energous stands out as an early-stage company working to bring RF wireless power to IoT applications. Its WattUp platform and battery-free ecosystem align with longer-term shifts in retail, logistics, and industrial automation. At the same time, the modest scale, limited revenue, and pre-profit status frame WATT as an emerging-technology opportunity rather than a mature business. The investment case rests on its potential role in a more connected, battery-free future while recognizing the execution risks typical of early-stage ventures.
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Serhii Bondarenko is an AI-focused trading strategist and financial markets analyst specializing in the development and application of AI trading bots and autonomous trading agents. His work combines technical analysis, fundamental analysis, and quantitative research to identify market patterns, forecast price movements, and analyze liquidity, volatility, and correlations across global stock markets. Serhii actively publishes market insights, forecasts, and trading frameworks on platforms such as Investing.com and Finextra, with a strong focus on AI-driven decision-making and next-generation algorithmic trading. His research aims to bridge the gap between traditional trading methodologies and advanced artificial intelligence, helping traders and investors navigate complex and rapidly evolving market conditions.
WATT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 44 of 48 cases where WATT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WATT's RSI Indicator exited the oversold zone, 42 of 50 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 84%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 49 of 64 cases where WATT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%.
The Moving Average Convergence Divergence (MACD) for WATT just turned positive on November 10, 2026. Looking at past instances where WATT's MACD turned positive, the stock continued to rise in 45 of 53 cases over the following month. The odds of a continued upward trend are 85%.
Following a +3.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where WATT advanced for three days, in 191 of 228 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
The Momentum Indicator moved below the 0 level on November 10, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on WATT as a result. In 73 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 88%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WATT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.
The Aroon Indicator for WATT entered a downward trend on November 11, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is 10 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 24 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.039) is normal, around the industry mean (5.210). P/E Ratio (-4.512) is within average values for comparable stocks, (3.688). WATT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.778). Dividend Yield (0.000) settles around the average of (0.067) among similar stocks. P/S Ratio (3.448) is also within normal values, averaging (11.937).
The Tickeron Price Growth Rating for this company is 65 (best 1 - 100 worst), indicating fairly steady price growth. WATT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 97 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WATT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of wire-free charging technology that provides power at a distance for electronic devices that can be mobile and under full software control
Industry TelecommunicationsEquipment