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How to Buy Energous Stock

Energous Corp

Energous Corporation develops wireless charging solutions. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency-based charging for electronic devices.

Energous stock last closed at $1.47, up 1.38% from the previous day, and has decreased 79.86% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.85 percentage points. Energous stock is currently +13.08% from its 52-week low of $1.30, and -81.63% from its 52-week high of $8.00.

At the moment, there are 6.08M shares of WATT outstanding. The market cap of WATT is $8.94M. In the past 24 hours, 28,991 WATT shares were traded.

How to Buy Energous Stock

Wondering how to invest in Energous stock? Here's how.
  1. Choose where to buy Energous stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Energous stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Evaluate Energous stock: The Energous ticker symbol is WATT. Is Energous stock a good investment? Should you buy shares of WATT? How do WATT's underlying business fundamentals look? Do top analysts think Energous is a good buy? Why has WATT's stock price moved recently? (Hint: Our stock research tools can help you evaluate if WATT is a good stock to buy).
  5. Place your WATT trade: Decide if you will purchase WATT shares at the current market price or use a limit order to buy WATT stock at a specific price.
  6. Get notifications regarding your WATT position: Create a watchlist to get the latest news on your investment in Energous stock.

Step 1: Choose where to buy Energous stock

You need a brokerage account to access the NASDAQ market and buy WATT shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy WATT stock today.

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  2. Provide your personal data to open a new brokerage account.
  1. Submit your details by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have created your account on apps for stock market, you can securely and quickly fund your account:

Watch this video walkthrough for more details transferring funds into your brokerage account.

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Step 4: Evaluate Energous stock

After you have identified the best place to buy Energous stock, it's crucial to evaluate their stock prior to investing, so you truly comprehend the risk and upside.

Energous shares at a glance

WATT Price
$1.47
1w %
8.09%
1y %
-79.86%
5y %
-98.59%
P/E
-0.35x
P/B
0.78x
P/S
14.41x
PEG
N/A
Revenue
$474.18k
Earnings
-$19.37M
Fore. Rev. Growth
241.64%
Fore. Earn. Growth
N/A
Market Cap
$8.94M
Next Earnings
May 8, 2024
Next Dividend
N/A

WATT Overview

WallStreetZen was designed to help average investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on WATT's stock page.

Is WATT stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge WATT's fair value.

Using relative valuations metrics:

  • WATT could be undervalued based on its P/B ratio of 0.78x, relative to Scientific & Technical Instruments industry P/B ratio of 3.18x

You can do additional valuation research on WATT's stock here.

A quick look at WATT Financials

Positive Financial Indicators:

  • WATT has $13.94M in cash and short term investments. This is enough to cover its annual cash burn of $19.44M.
  • There are more short-term assets than long-term liabilities on the WATT balance sheet.
  • There are more short-term assets than short-term liabilities on the WATT balance sheet.

Negative Financial Indicators:

  • WATT has a relatively high debt to equity ratio of 0.45.
  • WATT has cash burn of 19435588. It does not have enough cash and short-term investments to cover this.
  • WATT profit margin has gone down from -3,086.4% to -4,084.2% in the past year.
  • Total WATT debt is higher than 5 years ago, relative to shareholder equity.

Is Energous stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Equities analysts who give forecasts on WATT, the consensus analyst rating on WATT is a Hold

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Energous stock forecast page.

WATT Momentum

SMA10
1.39
SMA20
1.51
SMA50
1.75
SMA100
1.81
SMA200
2.1
MACD
-0.11
MACD Signal
-0.12
MACD Histogram
0.01
RSI
44.02
Stochastic %K
31.43
Stochastic %D
21.68
StochRSI %K
78.79
StochRSI %D
60.19

WATT Growth Numbers

Last year, WATT revenue was $474.18k. Over the last five year, WATT's revenue has increased by -1.63% per year. This was slower than the Scientific & Technical Instruments industry average of 10.61%.

You can research WATT's earnings and revenue performance here.

Who is buying/selling WATT?

Over the last year, insiders at WATT have bought more shares than they have sold.

Rahul G. Patel, Director of WATT, was the latest WATT insider to sell. They sold $1,080.00 worth of WATT shares on Jan 3, 2024.

Research more about who owns WATT shares here.

Can I get consistent income from WATT stock?

No, Energous doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your WATT trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, use a limit order.

Click the Open button and your broker will execute the order.

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Step 6: Get notifications regarding your WATT position

Now that you own some WATT stock, you'll want to stay up-to-date on your new company.

Make a watchlist to track the most important metrics related to your WATT stock.

WATT Feed

How to Buy Stock in Energous

To reiterate, here are the 6 steps for buying Energous stock:

  1. Choose where to buy Energous stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Energous stock
  5. Place your WATT trade
  6. Get notifications regarding your WATT position

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Energous, click the button below.

NASDAQ: WATT
$1.47+0.02 (+1.38%)
Updated May 3, 2024
Open eToro Account
NASDAQ: WATT
$1.47+0.02 (+1.38%)
Updated May 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Energous share?

As of May 3, 2024, it costs $1.47 to buy one share of Energous stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.74, you can buy 0.5 shares of WATT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Energous stock?

According to 1 Wall Street analysts who monitor Energous, their consensus recommendation is to hold Energous stock.

What is the best way to buy Energous stock?

One way to place an order for Energous stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.