![]() ![]() My view is that Energous Corp doesn't need to deliver the 2019 revenue target, but the company should show both strong growth and evidence that its charging technology is being adapted.Īt the same time, Energous is narrowing its loss, and the hope is that the higher revenue will result in a move toward positive cash flow.Įnergous Corp is estimated to record a loss of $1.92 per diluted share for 2018 and $0.36 per diluted share for 2019. The expected revenue increase may be somewhat optimistic, and it is dependent on whether the company can drive its sales at this scale. Revenue is expected to be reported as almost $1.4 million for 2018, but is anticipated to surge to $42.5 million in 2019. (Source: “ Energous Corporation (WATT),” Yahoo! Finance, last accessed February 21, 2019.) (Source: “ Energous Corporation,” MarketWatch, last accessed February 21, 2019.) If the company can achieve this, I would expect a corresponding rise in the price of WATT stock.Ī glance at the last three years shows minimal revenue, but the forward expectations are optimistic as Energous increases its sales. The key for Energous will be to continue to refine its technologies and ramp up its revenue via sales of its own products and licensing of its technology. You don't have to find an outlet to charge your device. Think about what the technology could mean. The stock surged in late 2017 on market enthusiasm about the potential of the company's innovative wire-free charging technology called "WattUp." The technology allows electronic devices to charge via proprietary wireless radio frequency technology. To say that Energous is not speculative is an understatement, but there is bullish potential for WATT stock. The following chart shows Energous stock looking to break out from its current level and move toward the $15.00 and $20.00 levels. WATT stock plummeted to $4.41 during the selling carnage in December 2018, but it has rallied by more than 100% since that sell-off. It's a high-risk, high-reward stock that traded as high as $33.50 in December 2017 prior to sinking to the current $10.00 level. You shouldn't bet your retirement savings on this segment, but if you have what I refer to as "risk capital," there are opportunities.Īn intriguing example of a micro-cap early-stage technology stock is Energous Corp (NASDAQ:WATT). While the micro-cap technology segment entails high risk, it's also an area where you can find high prospects. 2e812ac3_768Įnergous Corp Is a High-Risk, High-Reward Micro-Cap WATT stock, however, appears to be on the verge of breaking higher. 14:54:42 Energous Energous Corp NASDAQ:WATT Energous stock WATT stock The stock of Energous Corp (NASDAQ:WATT), a developer of an innovative wireless charging solution for electronic devices, is well down from its record high in late 2017. ![]() WATT Stock: Keep an Eye on This Innovation Wireless Charging Technology ![]()
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