Energous Corporation develops wire-free 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 wire-free charging for electronic devices. It has a strategic partnership with Xentris Wireless to develop ruggedized products for military applications using the company's radio frequency based charging technology. The company's products are used in home, medical, automotive, industrial, military and office. Energous Corporation was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. The company was founded in 2012 and is headquartered in San Jose, California.
IPO Year: 2014
Exchange: NASDAQ
Website: energous.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/16/2024 | $2.00 | Neutral → Buy | Ladenburg Thalmann |
| 4/5/2024 | $3.50 → $2.00 | Buy → Neutral | Ladenburg Thalmann |
| 7/30/2021 | $5.00 → $4.00 | Buy | Roth Capital |
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Energous reports preliminary revenue of approximately $5.6 million for the year ended December 31, 2025, representing more than 630% year-over-year growth and record annual revenue.For the quarter ended December 31, 2025, Energous reports preliminary revenue of approximately $3.0 million, compared to approximately $1.3 million in the previous quarter.Energous raised approximately $23.9 million in equity capital in 2025, bolstering its balance sheet to support continued product innovation and deployment. SAN JOSE, Calif., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT) ("Energous," the "Company," "we," "us" or "our"), a leader in
SAN JOSE, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT), a leader in over-the-air (OTA) wireless power networks, today announced that its PowerBridge Pro Directional transmitter has received regulatory approval for deployment across the European Union. With this approval, Energous' EU-certified portfolio now includes both PowerBridge Lite and Pro, enabling commercialization across all EU member states and the UK. The newly certified PowerBridge Pro delivers 2W conducted power with 39.5 dBi of EIRP – offering enterprises broader coverage and higher-performance at-a-distance wireless power. With dual-band approval for bo
- Reports Revenue of $1.3 Million – Posting third consecutive quarter of growth -- Lowest Quarterly Net Loss in the last Decade – Evidencing further progress toward profitability - SAN JOSE, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT) (the "Company," "we," or "our"), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced financial results for the third quarter ended September 30, 2025, reporting revenue of approximately $1.3 million for the third quarter, representing a 30% increase versus the second quarter of 2025, and a 38% improvement in net loss in the third quarter compared to the sa
Successive Revenue Growth: Reports preliminary quarterly revenue of approximately $1.3 million for the three months ended September 30, 2025 – the highest quarterly revenue since 2015 – with operational losses reduced to the lowest levels since 2014.Robust Order Backlog: Confirmed order backlog of approximately $4.2 million, driven by the first phase of major enterprise deployments and widespread technology adoption.Expanding Partnership Success: Strengthened opportunity pipeline and referrals through strategic AWS partnership, driving accelerated market reach and customer engagement with three active POCs, including multiple Fortune 500 companies. SAN JOSE, Calif., Oct. 15, 2025 (GLOBE N
SAN JOSE, Calif., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT) ("Energous" or the "Company"), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules of an aggregate of 585,347 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 585,347 shares of common stock, at an offering price of $7.92 per share of common stock (or per common stock equivalent in lieu thereof) and accompanying warrant. The warrants have an exercise price of $7.79 per share,
SAN JOSE, Calif., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT) ("Energous" or the "Company"), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced that it has entered into a definitive agreement for the purchase and sale of 585,347 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 585,347 shares of common stock, at an offering price of $7.92 per share of common stock (or per common stock equivalent in lieu thereof) and accompanying warrant in a registered direct offering priced at-the-market under Nasdaq rules. The warrants will have an exerc
SAN JOSE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT) (the "Company," "we," or "our"), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced that it will implement a 1-for-30 reverse stock split of its issued and outstanding shares of common stock (the "Reverse Stock Split"), effective at 12:01 a.m. Eastern Time on August 11, 2025. The Reverse Stock Split was approved by the Company's stockholders at its Annual Meeting of Stockholders held on June 11, 2025, with the final ratio, within the range approved by stockholders, subsequently determined by the Company's board of directors. The Reve
- Reports Revenue of $1 Million - Highest Quarterly Revenue Since 2016 -- Accounts for Lowest Quarterly Net Loss in the last Decade -- Announces $4 million Order Backlog - SAN JOSE, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT) (the "Company," "we," or "our"), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced financial results for the second quarter ended June 30, 2025, reporting both revenue of approximately $1.0 million for the second quarter, representing a 184% increase versus the first quarter of 2025, and a 35% improvement in net loss in the second quarter compared to the sa
SAN JOSE, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT), a leader in over-the-air (OTA) wireless power networks, today announced preliminary results for its second quarter of 2025, reflecting significant progress in revenue growth, cost discipline, product innovation, and balance sheet strength. Energous expects to report revenue for the quarter ended June 30, 2025, totaling in excess of $900,000, and expects to deliver the lowest quarterly net loss in the last ten years. Year-to-date 2025 revenue through June 30 is expected to be approximately $1.3 million, nearly double the company's total revenue for all of 2024. "
HaiLa's ultra-low power communications solution has been paired with Energous' over-the-air wireless power networks, resulting in innovative ambient powered solutions. HaiLa Technologies, a provider of advanced low-power wireless semiconductor solutions for both Ambient and Intelligent connectivity, today announced the public showcase of its ultra-low power communications solution for Wi-Fi, powered by RF Energy harvesting. The HaiLa solution is compatible with various energy harvesting technologies. Harvesting RF energy from an over-the-air wireless power network suits numerous IoT applications, including asset and inventory tracking and smart building implementations. The HaiLa deve
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Ladenburg Thalmann upgraded Energous from Neutral to Buy and set a new price target of $2.00
Ladenburg Thalmann downgraded Energous from Buy to Neutral and set a new price target of $2.00 from $3.50 previously
Roth Capital reiterated coverage of Energous with a rating of Buy and set a new price target of $4.00 from $5.00 previously
Roth Capital reiterated coverage of Energous with a rating of Buy and set a new price target of $5.00 from $7.00 previously
Roth Capital reiterated coverage of Energous with a rating of Buy and set a new price target of $7.00 from $5.00 previously
Live finance-specific insights
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for the year ended December 31, 2023, and provided an update on recent partnerships and company highlights. 2023 Financial Results 2023 revenue of approximately $0.5 million versus $0.9 million in 2022. Total costs and expenses were significantly reduced in 2023 from approximately $27.5 million in 2022 to approximately $22.6 million in 2023, representing a cost reduction of $4.9 million year over year. The 2023 costs consist of approximately $0.3 million in cost of revenue, $10.8 million in research and development (R&D) expenses, $11.1 million
Cesar Johnston Is No Longer Serving as President & CEO Board of Directors Conducting Search for Successor; Establishes Office of the Chair to Lead Operations in Interim Period Energous Corporation (NASDAQ:WATT), a leading developer of RF-based intelligent wireless power networks, today announced that Cesar Johnston is no longer serving in his role as President & CEO of Energous, effective immediately. The Board of Directors has initiated a search to identify a permanent successor. He will remain on the Company's Board of Directors. Reynette Au, Chair of the Board, stated: "On behalf of the full Board, I want to thank Cesar for his contributions to Energous, particularly for his work s
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based wireless power networks, today announced that it will hold a conference call on Thursday, March 28, at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results for the year ended December 31, 2023. Interested parties can access the call by dialing 1-888-317-6003 within the United States or 1-412-317-6061 from international locations and providing the participant entry number 7297731. A question-and-answer session will follow management's prepared remarks, at which time the operator will provide instructions for qualified equity analysts to submit questions. The call also will be broadcast on the Energous website at
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for its third quarter ended September 30, 2023. Unaudited 2023 Third-Quarter Financial Results For the third quarter ended September 30, 2023, Energous reported: Revenue of approximately $168,708, a 44% increase over Q2 2023 Costs and expenses of approximately $5.3 million, with approximately $48,394 in cost of revenue, $2.5 million in research and development expenses, and $2.5 million in sales, marketing, general and administrative expenses Net loss of approximately $(4.1) million, or $(0.86) per basic and diluted share, compared to a net
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based wireless power networks, today announced that it will hold a conference call on Thursday, November 9, at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results for the three months ended September 30, 2023. Interested parties can access the call by dialing 1-800-830-9649 within the United States or 1-213-992-4624 from international locations. A question-and-answer session will follow management's prepared remarks, at which time the operator will provide instructions for qualified equity analysts to submit questions. The call also will be broadcast on the Energous website at www.energous.com, where it will be archi
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for its second quarter ended June 30, 2023. Unaudited 2023 Second-Quarter Financial Results For the second quarter ended June 30, 2023, Energous reported: Revenue of approximately $117,133, a 21% increase over Q1 2023 Costs and expenses of approximately $6.2 million, with approximately $82,818 in cost of revenue, $2.9 million in research and development, and $3.2 million in sales, marketing, general and administrative expenses Net loss of approximately $(4.0) million, or $(0.04) per basic and diluted share Adjusted net non-GAAP loss of a
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based wireless power networks, today announced that it will hold a conference call on Thursday, August 10, at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results for the three months ended June 30, 2023. Interested parties can access the call by dialing 1-888-317-6003 within the United States or 1-412-317-6061 from international locations and providing the participant entry number 8033977. A question-and-answer session will follow management's prepared remarks, at which time the operator will provide instructions for qualified equity analysts to submit questions. The call also will be broadcast on the Energous websit
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for its first quarter ended March 31, 2023, and provided an update on its partnership and regulatory highlights. Unaudited 2023 First-Quarter Financial Results For the first quarter ended March 31, 2023, Energous reported: Revenue of approximately $96,676, compared to $215,961 in the 2022 first quarter Costs and expenses of approximately $6.4 million, with approximately $138,813 in cost of revenue, $3.1 million in research and development, and $3.2 million in sales, marketing, general and administrative expenses Net loss of approximately $(
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based wireless power networks, today announced that it will hold a conference call on Wednesday, May 10, at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results for the three months ended March 31, 2023. Interested parties can access the call by dialing 1-888-317-6003 within the United States or 1-412-317-6061 from international locations and providing the participant entry number 3588640. The call also will be broadcast on the Energous website at www.energous.com, where it will be archived through May 2024. For those unable to attend the live call, a replay will be available through May 24, 2023, by dialing 1-877-344
Energous Corporation (NASDAQ:WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for its fourth quarter ended December 31, 2022, and provided an update on recent partnerships and company highlights. Unaudited 2022 Fourth-Quarter Results For the fourth quarter ended December 31, 2022, Energous reported: Revenue of approximately $179,000, versus $225,000 in the 2021 fourth quarter – full-year revenue of approximately $851,000 increased 12.5% from approximately $757,000 in 2021. Total costs and expenses of approximately $6.5 million, with approximately $383,000 in cost of revenue, $2.9 million in research and development (R&D) ex
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Live Leadership Updates
Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced the appointment of Mallorie Burak as its permanent Chief Executive Officer and as a member of the Board, each effective immediately. Burak will continue to serve as the Company's Chief Financial Officer. Building on her recent roles as Interim Chief Executive Officer and Chief Financial Officer, Burak brings executive leadership, a range of experiences, and a broad skillset to Energous, positioning the company for accelerated growth and innovation. Burak joined Energous Wireless Power Solutions in January 2024 as Chief Financial Offi
Energous Corporation (NASDAQ:WATT), an industry leader in RF-based wireless power network solutions, announced today that the board of directors appointed Mallorie Burak as Energous' Chief Financial Officer effective January 15, 2024. Susan Kim van-Dongen, the Company's prior Interim Chief Financial Officer, stepped down on January 15, 2024. Ms. Burak has over 17 years of experience in chief financial executive roles for private, NASDAQ, and OTCQX-listed technology companies. Before joining Energous, Ms. Burak served as President and CFO of Knightscope, Inc., an advanced public safety technology company, CFO of ThinFilm Electronics ASA, a solid-state lithium battery start-up, and CFO of A
Johnston's transition to permanent leadership role at the wireless charging technology developer effective Dec. 6, 2021 Energous Corporation (NASDAQ:WATT), the developer of WattUp® technology, today announced that Cesar Johnston has been appointed chief executive officer effective Dec. 6, 2021. Johnston has been with the company for the past seven years, first serving as chief operating officer and executive vice president of engineering, and as acting CEO since July 2021. "Cesar has maintained a focus on execution and business strategy during this interim period and has guided Energous through an impressive wave of recent regulatory approvals of our wireless power transfer technology," s
BERKELEY, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Rigetti Computing, a pioneer and global leader in full-stack quantum computing, announced today that it has appointed Brian Sereda as Chief Financial Officer. Sereda joins the company with over 25 years of senior level finance experience, including approximately 15 years of prior CFO experience across different technology companies. He most recently served as Chief Financial Officer at Energous Corporation (NASDAQ:WATT) where he raised a significant amount of working capital and oversaw finance, legal, investor relations, human resources, and IT. With a strong operational and capital markets background, he brings a proven track record
Cesar Johnston, COO and EVP of engineering, appointed acting CEO; Bill Mannina to become interim CFO, and Kathleen Bayless joins board of directors and audit committee Energous Corporation (NASDAQ:WATT), the developer of WattUp®, a revolutionary wireless charging 2.0 technology, today announced several changes to the composition of the board and its leadership team, including its CEO and CFO positions. These changes follow the official retirement of former company president and CEO Stephen R. Rizzone last month. Effective immediately, Cesar Johnston will assume the role of acting CEO. Johnston has been with the company for the past seven years, most recently serving as chief operating offi
Company Has Initiated Search for New CEO Energous Corporation (NASDAQ:WATT), the developer of WattUp®, a revolutionary wireless charging 2.0 technology, today announced that the Company's President and Chief Executive Officer, Stephen R. Rizzone, has retired from the Company following a leave of absence due to health reasons earlier this year. Rizzone has also relinquished his seat on the Company's Board of Directors. In April 2021, Energous formed an Office of the CEO, comprised of executive officers Brian Sereda, Senior Vice President and Chief Financial Officer; Cesar Johnston, Chief Operating Officer and Executive Vice President of Engineering; and Neeraj Sahejpal, Senior Vice Preside