Energous upgraded by Ladenburg Thalmann with a new price target
$WATT
Radio And Television Broadcasting And Communications Equipment
Technology
Ladenburg Thalmann upgraded Energous from Neutral to Buy and set a new price target of $2.00
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| 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 |
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
Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT), a pioneer in scalable, over-the-air wireless power networks (WPNs), announced today it has joined the Amazon Web Services (AWS) Partner Network (APN). The APN is a global community of AWS Partners that leverage programs, expertise, and resources to build, market, and sell customer offerings. A growing number of retailers are using Internet of Things (IoT) technologies to increase visibility, control, and automation, as products from perishable food items to non-perishable dry goods are transported to and from warehouses, grocery distribution centers, and local stores. Energous will play a critical role in the crea
Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT), a pioneer in scalable, over-the-air wireless power networks (WPNs), today announced a year of positive milestones and increased momentum in 2024, reinforced by the growing market demand for its WPN solutions. Recent highlights include: Won an IoT Breakthrough Award for IoT Connected Retail Innovation of the Year Awarded a scalable, multi-phase contract with a Fortune 10 retailer Received multiple orders from a multinational retailer for grocery distribution Received full FCC certification for its Energous 2W PowerBridge transmitter Shipped first orders to a multinational technology company for rever
Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ:WATT), a pioneer in scalable, over-the-air wireless power networks (WPNs), today announced it has been selected as winner of the "IoT Connected Retail Innovation of the Year" award in the 9th annual IoT Breakthrough Awards program conducted by IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market today. The 2025 IoT Breakthrough Award recognizes the breakthrough innovation of the Energous 2W PowerBridge transmitter system, which provides continuous access to wireless power, ensuring IoT-enabled devices such a
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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
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
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