New insider activity at Energous ( (WATT) ) has taken place on August 25, 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Mallorie Sara Burak, the CEO and CFO of Energous, has made a significant investment by purchasing 6,400 shares of the company’s stock. This transaction is valued at $50,368, reflecting her confidence in the company’s future prospects.
Recent Updates on WATT stock
In the last 24 hours, Energous Corporation (WATT) announced a 1-for-30 reverse stock split effective August 11, 2025, to comply with Nasdaq’s minimum bid price requirement, ensuring continued listing on the Nasdaq Capital Market. This decision was approved by stockholders in June 2025 and aims to consolidate shares while maintaining the same par value and voting rights. Despite this strategic move, Energous is facing financial difficulties, with declining revenues and high leverage impacting its stock performance. Technical analysis indicates a bearish trend, and valuation metrics highlight financial distress. The company’s recent Q2 earnings report showed a significant revenue increase, achieving its highest quarterly revenue since 2016, and a reduction in net loss, driven by operational efficiency and fiscal responsibility. However, the stock’s outlook remains uncertain, with analysts maintaining a cautious stance due to ongoing financial challenges.
Spark’s Take on WATT Stock
According to Spark, TipRanks’ AI Analyst, WATT is a Underperform.
Energous Corporation’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, persistent losses, and high leverage. Technical analysis indicates a bearish trend with weak momentum. The valuation is unattractive due to a negative P/E ratio and no dividend yield. While the successful Nasdaq listing compliance is a positive event, it does not significantly offset the financial and technical challenges.
To see Spark’s full report on WATT stock, click here.
More about Energous
YTD Price Performance: -73.53%
Average Trading Volume: 49,159
Technical Sentiment Signal: Strong Sell
Current Market Cap: $11.67M