Energous Expands Collaboration with Two Fortune 10 Customers
Energous announced continued commercial momentum across its enterprise customer base, including expanding deployments with two customers, and a growing proof-of-concept pipeline spanning multiple industries and geographies. The company said, "Energous continues to expand its deployment footprint with two Fortune 10 customers. The first customer continues active deployment of wireless power network infrastructure as part of its previously announced program, spanning approximately 4,700 targeted U.S. locations, with over 1,500 completed installations to date. A second Fortune 10 customer, operating in the e-commerce and reverse logistics sector, has increased the cadence of its engagement with Energous, expanding its program across multiple use cases and geographies, including internationally with over 14 completed installations to date. This international expansion reflects growing demand for Energous' wireless power network solutions beyond the U.S. market and further validates the scalability of the Company's platform. In parallel, the Company is advancing a growing number of proof-of-concept initiatives across retail, manufacturing, and foodservice, including grocery and a quick-service restaurant operator. Several of these programs are structured to scale from initial site deployments to broader multi-location rollouts in the near term. Energous is also progressing programs with government and regulated-sector organizations, where requirements such as domestic manufacturing, infrastructure security, and system reliability are critical factors in vendor selection. Energous' wireless power network technology continues to demonstrate performance in environments where alternative solutions have, to date, struggled to operate reliably. This includes successful operation in temperature-controlled and refrigerated environments, enabling deployment in cold-chain and temperature-sensitive applications across foodservice, logistics, and supply chain operations. To support growing customer demand and enterprise requirements for domestically manufactured technology infrastructure, Energous has engaged a second U.S.-based contract manufacturer. This expansion of the Company's manufacturing base ensures Energous is positioned to fulfill orders for customers with domestic sourcing requirements, while scaling production capacity in parallel with commercial demand."
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- Customer Base Expansion: Energous announced ongoing deployments with two Fortune 10 customers, with one customer completing 1,500 installations across 4,700 targeted locations in the U.S., indicating a growing demand for its wireless power network solutions.
- International Expansion Plans: The company is set to expand internationally, with another Fortune 10 customer completing 14 installations across multiple use cases and geographies, further validating the scalability and market adaptability of its platform.
- Retail Sentiment Shift: On Stocktwits, retail sentiment surrounding Energous has shifted from 'neutral' to 'bullish', with message volumes increasing from 'low' to 'normal', reflecting growing investor confidence in the company's prospects.
- Production Capacity Enhancement: Energous has partnered with a U.S.-based contract manufacturer to meet rising customer demand, which is expected to enhance production capacity and fulfill domestic sourcing requirements, thereby supporting order fulfillment for its clients.
- Financial Loss: Energous reported a GAAP EPS of -$6.46 for FY, indicating significant losses; however, the company is focused on achieving profitability in the future.
- Revenue Surge: The company achieved revenue of $5.63 million, reflecting a remarkable year-over-year growth of 631.2%, suggesting a rapid increase in product demand that could lay the groundwork for future profitability.
- Cash Position: As of December 31, 2025, Energous reported approximately $10.4 million in cash and cash equivalents, providing essential funding for future operations and research and development initiatives.
- Market Outlook: Despite current losses, Energous's strong revenue growth and cash reserves indicate potential in the market, which may attract investor interest in its future business developments.
- Stock Price Decline: Energous Corporation (WATT) shares fell 5% on Tuesday, reflecting market concerns about the company's financial health, particularly in the context of dilution risks that have undermined investor confidence.
- Dilution Risk Warning: Fugazi Research highlighted that after more than a decade, Energous has failed to establish a self-funding business model, relying instead on shareholder funds for operations, which poses a continuous dilution risk that could lead to shareholder losses.
- Investor Confidence Shaken: Fugazi described Energous as 'uninvestable,' warning that shareholders may become 'bagholders,' indicating a pessimistic outlook on the company's future prospects and suggesting a potential return to single-digit share prices.
- Market Reaction: As skepticism about the company's business model intensifies, investors are seeking updates on social media platform Stocktwits, indicating heightened concern and interest in Energous's future developments.
Stock Price Decline: Shares of Energoous Corporation (WATT) fell by 5% following a report from Fugazi Research that labeled the company as a "business funded by dilution."
Business Model Critique: Fugazi highlighted that Energoous has not built a self-sustaining business over the past decade, relying instead on shareholder funding.
Investment Viability: The firm described Energoous as "uninvestable," suggesting that it may turn current shareholders into "bagholders" due to the company's financial model.
Future Outlook: There are concerns that shares may revert to single-digit pricing, indicating a potential decline in value for investors.
- Overbought Stock Warning: As of February 6, 2026, Peakstone Realty Trust (NYSE:PKST) and Veris Residential Inc (NYSE:VRE) are identified as overbought stocks in the real estate sector, posing risks for momentum-focused investors who should exercise caution.
- Market Trend Analysis: The overbought status of these stocks indicates that investors pursuing short-term gains may face heightened volatility risks, particularly during market corrections, which could lead to financial losses.
- Investor Strategy Reevaluation: Given the current market environment, investors may need to reassess their portfolios and consider reducing reliance on these overbought stocks to mitigate potential financial setbacks.
- Industry Outlook: The increased volatility in the real estate market necessitates that investors stay alert to changing market trends and adjust their strategies promptly to navigate potential market pullbacks.
- Analyst Rating Upgrade: DA Davidson analyst Griffin Bryan maintained a Buy rating on Almonty Industries and raised the price target from $12 to $18, indicating confidence in the company's future growth potential.
- Strong Stock Performance: Almonty Industries' stock has surged approximately 39% over the past month, reaching a 52-week high of $13.82, reflecting market recognition of its potential value.
- High RSI Value: The Relative Strength Index (RSI) for Almonty Industries stands at 74.1, suggesting that the stock may be overbought, prompting investors to exercise caution.
- Recent Price Fluctuation: Despite the positive analyst outlook, Almonty Industries' shares fell 0.2% to close at $13.36 on Wednesday, indicating the complexity of market sentiment.











