Analyst Rating: Will Energous Corp (WATT) Stock Beat the Market?

InvestorsObserver is giving Energous Corp (WATT) an Analyst Rating Rank of 72, meaning WATT is ranked higher by analysts than 72% of stocks. The average price target for WATT is $2.25 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating WATT a Strong Buy today. Find out what this means to you and get the rest of the rankings on WATT!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Energous Corp Stock Today?

Energous Corp (WATT) stock is trading at $0.92 as of 1:37 PM on Friday, May 13, a rise of $0.09, or 10.48% from the previous closing price of $0.84. The stock has traded between $0.86 and $0.93 so far today. Volume today is light. So far 259,166 shares have traded compared to average volume of 416,357 shares. Click Here to get the full Stock Report for Energous Corp stock.