Energous Heads For Best Day In A Year - What’s Powering The Stock?

• Energous Stock is on track to achieve its best session in a year.
• The company announced commercial momentum across its enterprise customer base, including expanding deployments with two of its Fortune 10 customers.
• The retail sentiment on Stocktwits has turned to ‘bullish with ‘normal’ message volumes.

Shares of Energous Corporation (WATT) jumped about 18% premarket on Monday as the company announced plans for international expansion and a growing enterprise-level customer base.

If the gains hold, WATT is set to achieve its best session in over a year.

Expanding Footprint

The wireless power network provider said that one of its Fortune 10 customers continued to deploy WATTs infrastructure across its 4,700 targeted locations in the U.S., with 1,500 installations completed to date.

The other Fortune 10 customer operating in the e-commerce and reverse logistics sector has expanded its program across multiple use cases and geographies, including international regions. So far, this company has completed 14 installations.

The company said its wireless power network solutions reflect its growing demand beyond the U.S. market and validate the platform's scalability. 

At the same time, Energous is also accelerating its proof-of-concept initiatives across sectors such as retail, manufacturing, and foodservice, including grocery and quick-service restaurants. In addition, the company is in talks with institutional customers, such as governments and regulated-sector organizations, to meet their domestic manufacturing, infrastructure security, and system reliability needs.

“We are supporting multiple simultaneous customer programs across different stages of commercialization, from large-scale proof-of-concept evaluations to expanding full production deployments," said Mallorie Burak, CEO and CFO of Energous. "As our customers advance their programs, we expect to provide increasing specificity on the composition and scale of our pipeline."

Earlier last year, Energous joined AWS partner network (APN). Its a global community of AWS partners that takes advantage of programs, expertise and  resources to build, market, and sell customer offerings. As a part of this network, the company said it would provide solutions, win deals and deliver value to mutual customers.

The company also said that to address the growing customer demand and enterprise requirements it has tied up with a u.s. Based contract manufacturer. Energous said it would position the company to fulfill orders of the customers that require domestic sourcing at the same time help scale their production capacity.

How Did The Retail Traders React?

On Stocktwits, the retail sentiment surrounding the stock has improved to ‘bullish’ from ‘neutral’ while message volumes also increased to ‘normal’ from ‘low’ territory.

One user on Stocktwits said the first quarter revenue would be higher than all of 2025.

Another user claimed the e-commerce and reverse logistics company to be Amazon.

https://stocktwits.com/CakeorDeath2/message/650320689

So far, WATT shares have increased by more than 300% year to date.

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