ESS Tech, Inc.

ESS Tech, Inc. Stock Forecast & Price Prediction

Live ESS Tech, Inc. Stock (GWH) Price
$8.90

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$8.90

P/E Ratio

-18.44

Volume Traded Today

$101,900

Dividend

Dividends not available for GWH

52 Week High/low

21.15/5.20

ESS Tech, Inc. Market Cap

$108.0M

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GWH Summary

From what 0 stock analysts predict, the share price for ESS Tech, Inc. (GWH) might increase by 108.65% in the next year. This is based on a 12-month average estimation for GWH. Price targets go from $9 to $45. The majority of stock analysts believe GWH is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

GWH Analyst Ratings

About 0 Wall Street analysts have assigned GWH 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect ESS Tech, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GWH. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

GWH stock forecast by analyst

These are the latest 20 analyst ratings of GWH.

Analyst/Firm

Rating

Price Target

Change

Date

Corinne Blanchard
Deutsche Bank

Hold

$0.9

Maintains

Aug 16, 2024
George Gianarikas
Canaccord Genuity

Hold

$1

Maintains

Aug 16, 2024
Thomas Boyes
TD Cowen

Buy

$1.5

Maintains

Aug 15, 2024
Justin Clare
Roth MKM

Buy

$1.5

Initiates

Jul 12, 2024

Deutsche Bank

Hold


Maintains

May 9, 2024
Thomas Boyes
TD Cowen

Buy

$2

Maintains

May 8, 2024
Brian Dobson
Chardan Capital

Neutral

$0.8

Maintains

Mar 15, 2024
George Gianarikas
Baird

Outperform

$3

Maintains

Mar 14, 2024
George Gianarikas
Canaccord Genuity

Hold

$1.25

Maintains

Mar 14, 2024
Brian Dobson
Chardan Capital

Neutral

$1.1

Maintains

May 25, 2023
George Gianarikas
Baird

Outperform

$4

Maintains

May 11, 2023
Colin Rusch
Oppenheimer

Outperform

$3

Maintains

May 10, 2023
Chip Moore
EF Hutton

Buy

$3

Maintains

May 10, 2023
Brian Dobson
Chardan Capital

Neutral

$1.8

Maintains

Mar 3, 2023
Thomas Boyes
TD Cowen

Outperform

$4.5

Maintains

Mar 2, 2023
Chip Moore
EF Hutton

Buy

$4

Maintains

Mar 2, 2023
Brian Dobson
Chardan Capital

Neutral

$4.5

Maintains

Nov 4, 2022
Chip Moore
EF Hutton

Buy

$6

Initiates

Oct 28, 2022
Brian Dobson
Chardan Capital

Neutral

$5

Maintains

Aug 15, 2022

Chardan Capital

Neutral


Initiates

Jun 29, 2022

GWH Company Information

What They Do: Designs and produces iron flow batteries.

Business Model: The company operates in the energy storage sector, focusing on commercial and utility-scale applications. ESS Tech generates revenue by selling its products, including the Energy Warehouse and Energy Center, which cater to different energy storage needs for businesses and utilities.

Other Information: Founded in 2011 and headquartered in Wilsonville, Oregon, ESS Tech aims to provide sustainable and efficient energy storage solutions, capitalizing on the growing demand for renewable energy technologies.
GWH
ESS Tech, Inc. (GWH)

When did it IPO

2021

Staff Count

231

Country

United States

Sector/Industry

Industrials/Electrical Equipment & Parts

CEO

Mr. Eric P. Dresselhuys

Market Cap

$108.0M

ESS Tech, Inc. (GWH) Financial Data

In 2023, GWH generated $7.5M in revenue, which was a increase of 743.40% from the previous year. This can be seen as a signal that GWH's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$894,000

0.00 %
From Previous Year

Revenue From 2023

$7.5M

743.40 %
From Previous Year
  • Revenue TTM $7.4M
  • Operating Margin TTM -6,645.1%
  • Gross profit TTM $-12,955,000
  • Return on assets TTM -41.8%
  • Return on equity TTM -87.8%
  • Profit Margin -171.8%
  • Book Value Per Share 5.86%
  • Market capitalisation $108.0M
  • Revenue for 2021 $0
  • Revenue for 2022 $894,000
  • Revenue for 2023 $7.5M
  • EPS this year (TTM) $-6.30

ESS Tech, Inc. (GWH) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Five stocks with increasing P/E ratios to consider are American Eagle Outfitters (AEO), Groupon (GRPN), Nextracker Inc. (NXT), ESS Tech (GWH), and Virgin Galactic (SPCE).

Why It Matters - Rising P/E ratios can signal growing investor confidence and potential growth, making these stocks intriguing for those seeking high-reward opportunities.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - ESS Tech, Inc. (NYSE:GWH) will hold a conference call on November 13, 2024, at 5:00 p.m. EST to discuss its Q3 2024 financial results, to be released the same day.

Why It Matters - The upcoming conference call on ESS Tech's Q3 2024 results could significantly impact stock performance, providing insights into financial health and future growth potential in the energy storage sector.

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - ESS Tech's Australian partner, ESI, secured AU$25M from the Queensland Government and AU$40M in private capital to boost clean energy efforts in Australia.

Why It Matters - The funding for ESS's partner signals robust government and private support for clean energy, enhancing growth prospects and market confidence in ESS's long-duration energy storage technology.

News Image

Wed, 14 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - ESS Tech, Inc. (NYSE:GWH) will hold its Q2 2024 results conference call on August 14, 2024, at 5:00 PM ET, featuring CEO Eric Dresselhuys and CFO Tony Rabb.

Why It Matters - The conference call indicates upcoming financial results for ESS Tech, which can reveal performance insights and future guidance, impacting stock price and investor sentiment.

News Image

Wed, 14 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - ESS Tech, Inc. (NYSE: GWH) reported its Q2 2024 financial results, highlighting progress in long-duration energy storage systems amid increasing demand linked to renewable energy.

Why It Matters - ESS Tech's positive financial results and growth in long-duration energy storage signal increased demand for renewable energy solutions, potentially boosting its market position and investor confidence.

News Image

Wed, 14 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - ESS Tech, Inc. reported a quarterly loss of $0.12 per share, worse than the estimated loss of $0.11, but an improvement from a loss of $0.15 per share in the previous year.

Why It Matters - ESS Tech's larger-than-expected quarterly loss signals potential operational challenges, impacting investor confidence and future profitability expectations.

...

GWH Frequently asked questions

The highest forecasted price for GWH is $45 from at .

The lowest forecasted price for GWH is $9 from from

The GWH analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.