GWHIndustrials · Electrical Equipment & PartsThe 1 Wall Street analysts covering ESS Tech, Inc. hold a median 12-month price target of $2 — +425.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 30 of 100 as at 12 Sept 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores ESS Tech, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Size (90): Smaller than most of the companies we track.
Value (2): The shares cost a lot relative to the profits and assets behind them.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on GWH, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +425.1% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 6 Mar 2026 | Roth Capital | Maintains | Buy | $3.50 → $2.50 |
| 18 Aug 2025 | Baird | Maintains | Neutral | — |
| 1 Apr 2025 | Canaccord Genuity | Maintains | Hold | — |
| 4 Mar 2025 | Roth MKM | Downgrade | Neutral | — |
| 14 Nov 2024 | Canaccord Genuity | Maintains | Hold | — |
| 14 Nov 2024 | Oppenheimer | Downgrade | Perform | — |
| 16 Aug 2024 | Canaccord Genuity | Maintains | Hold | — |
| 16 Aug 2024 | Deutsche Bank | Maintains | Hold | — |
| 15 Aug 2024 | TD Cowen | Maintains | Buy | — |
| 12 July 2024 | Roth MKM | Initiates | Buy | — |
| 9 May 2024 | Deutsche Bank | Maintains | Hold | — |
| 8 May 2024 | TD Cowen | Maintains | Buy | — |
| 15 Mar 2024 | Chardan Capital | Maintains | Neutral | — |
| 14 Mar 2024 | Baird | Maintains | Outperform | — |
| 14 Mar 2024 | Canaccord Genuity | Maintains | Hold | — |
| 25 May 2023 | Chardan Capital | Maintains | Neutral | — |
| 11 May 2023 | Baird | Maintains | Outperform | — |
| 10 May 2023 | EF Hutton | Maintains | Buy | — |
| 10 May 2023 | Oppenheimer | Maintains | Outperform | — |
| 3 Mar 2023 | Chardan Capital | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. GWH appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 11 Sept 2026, ESS Tech, Inc. returned −73.4% against +17.5% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 77% of US stocks
Cheaper than 99% of US stocks
Cheaper than 73% of US stocks
Cheaper than 64% of US stocks
Higher than 2% of US stocks
Higher than 2% of US stocks
Higher than 1% of US stocks
Higher than 1% of US stocks
Higher than 1% of US stocks
Higher than 1% of US stocks
Higher than 3% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
ESS Tech, Inc. has a market value of $15.3M and an enterprise value of $19.2M.
Revenue in the twelve months to 30 June 2026: −$1.2M. The latest quarter shrank 96.9% year on year.
Net income over the same four quarters: −$65.8M, a 5612.4% net margin.
Diluted earnings per share, trailing twelve months: $−2.93.
Free cash flow in the twelve months to 30 June 2026: −$45.4M.
ESS Tech, Inc. spent $23K on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: −0.1×; forward P/E: −0.5× — the forward figure prices analyst consensus estimates, not reported earnings.
ESS Tech, Inc. employs 62 people — −$19K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own ESS Tech, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Seeking Alpha published the transcript of ESS Tech, Inc.'s Q2 2026 earnings call. The excerpt provides only the headline and source, with no details from the call itself.
Why it matters — A GWH watcher would care because the earnings call transcript is a primary source for the company's latest quarterly results and management commentary.
ESS Tech, Inc. (GWH) reported a Q2 loss of $0.46 per share, wider than the Zacks Consensus Estimate of a $0.44 loss and lagging revenue estimates. The loss narrowed compared to a loss of $0.90 per share in the same period a year ago.
Why it matters — GWH watchers monitor quarterly results to gauge the company's progress toward profitability against analyst expectations, and this miss signals weaker-than-expected performance for the quarter.
The 1 Wall Street analysts covering ESS Tech, Inc. have a median 12-month price target of $2, with estimates ranging from $2 to $2. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 1 analysts covering ESS Tech, Inc., 1 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks ESS Tech, Inc. 30 out of 100 across roughly 4,600 US stocks as at 12 Sept 2026. None of this is personal advice — it does not consider your circumstances.
As at 12 Sept 2026, ESS Tech, Inc. ranks 30 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (90 of 100).
No one can know that. What the data says: the median 12-month target from 1 analysts implies +425.1% from the last close, and Ticker Nerd's factor model ranks ESS Tech, Inc. 30 out of 100 as at 12 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering ESS Tech, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for GWH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $2 to $2 over the next 12 months.
ESS Tech, Inc. returned -73.4% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.
ESS Tech, Inc. is a long-duration energy storage company that develops and manufactures iron flow battery systems for commercial and utility-scale applications.
The most recent item we track (Seeking Alpha, 11 Aug 2026): "ESS Tech, Inc. (GWH) Q2 2026 Earnings Call Transcript". Seeking Alpha published the transcript of ESS Tech, Inc.'s Q2 2026 earnings call. The excerpt provides only the headline and source, with no details from the call itself.
ESS Tech, Inc. is a long-duration energy storage company that develops and manufactures iron flow battery systems for commercial and utility-scale applications. Its current product portfolio includes Energy Warehouse for behind-the-meter use, Energy Center for front-of-the-meter and multi-unit configurations, and Energy Base for larger grid-storage deployments. The company focuses on non-lithium storage solutions that use iron, salt, and water, supporting customers that need flexible capacity, backup power, peak-demand management, and improved grid reliability. ESS Tech serves utilities, project developers, and commercial and industrial operators across global energy markets. Headquartered in Wilsonville, Oregon, ESS Tech plays a specialized role in the energy storage sector by providing modular battery systems designed for long-duration use and integration with renewable power and critical infrastructure.
CEO Mr. Drew Buckley · 62 employees · United States · https://essinc.com
