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GWH Stock Forecast: ESS Tech, Inc. Price Predictions for 2026-2027

Last close, 1 Oct 2026
$0.16
−7.65% on the day

The 1 Wall Street analysts covering ESS Tech, Inc. hold a median 12-month price target of $2 — +1173.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 30 of 100 as at 3 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$3.8M
Ticker Nerd rank
30 / 100
Median analyst target
$2.00
Analysts covering
1
Revenue$73K−96.9% y/y
Operating income−$15.1M
Net income−$15.6M
Free cash flow−$9.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−53.8%
1M
−53.8%
YTD
−91.6%
1Y
−89.9%
From 52W high
−98.3%
From 52W low
0.0%
$0.16
$9.05
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

GWH stock analysis: one number for the whole business

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.

Where the model ranks itAs at 3 Oct 2026
30 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size
95
Accruals
86
Growth
76
Volatility
60
Revisions
60
Momentum
7
Issuance
4
Quality
4
Value
1

Size (95): Smaller than most of the companies we track.

Value (1): 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.

Wall Street

GWH stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on GWH, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0.00$1.00$2.00$3.00$4.00$5.00$6.00Oct 25Jan 26Apr 26Jul 26Oct 26GWHHigh $2.00Median $2.00Low $2.00

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

What Wall Street says1 analysts
1 Buy0 Hold0 Sell
Low $2.00Median $2.00High $2.00

The green dot is the last close — the median target sits +1173.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 8 moved it down.

DateFirmActionRatingTarget
6 Mar 2026Roth CapitalMaintainsBuy$3.50 → $2.50
18 Aug 2025BairdMaintainsNeutral—
18 Aug 2025BairdMaintainsNeutral$6.00 → $2.00
1 Apr 2025Canaccord GenuityMaintainsHold$8.00 → $3.00
1 Apr 2025Canaccord GenuityMaintainsHold—
4 Mar 2025Roth MKMDowngradeNeutral—
4 Mar 2025Roth MKMDowngradeNeutral$17 → $3.00
14 Nov 2024Canaccord GenuityMaintainsHold—
14 Nov 2024Canaccord GenuityMaintainsHold$8.00
14 Nov 2024OppenheimerDowngradePerform—
14 Nov 2024OppenheimerDowngradePerform—
16 Aug 2024Canaccord GenuityMaintainsHold$1.25 → $1.00
16 Aug 2024Canaccord GenuityMaintainsHold—
16 Aug 2024Deutsche BankMaintainsHold$1.15 → $0.90
16 Aug 2024Deutsche BankMaintainsHold—
15 Aug 2024TD CowenMaintainsBuy—
15 Aug 2024TD CowenMaintainsBuy$2.00 → $1.50
12 July 2024Roth MKMInitiatesBuy$1.50
12 July 2024Roth MKMInitiatesBuy—
9 May 2024Deutsche BankMaintainsHold$1.40 → $1.15

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

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.

Free, every Monday. Unsubscribe any time.

Performance

GWH vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 1 Oct 2026, ESS Tech, Inc. returned −89.9% against +15.5% for the S&P 500, dividends included.

GWH vs S&P 500, last 12 monthsTotal return, rebased to 100
0100200300400Oct 25Jan 26Apr 26Jul 26Oct 26GWHS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

GWH analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

ESS Tech, Inc. (GWH) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−0.0×

Cheaper than 77% of US stocks

Price / sales
−5.4×

Cheaper than 99% of US stocks

Price / book
−2.2×

Cheaper than 95% of US stocks

EV / EBITDA
−0.3×

Cheaper than 64% of US stocks

Growth & margins
Revenue growth (YoY)
−96.9%

Higher than 2% of US stocks

Earnings growth (YoY)
−96.9%

Higher than 2% of US stocks

Gross margin
−10165.8%

Higher than 1% of US stocks

Operating margin
−20731.5%

Higher than 1% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−21339.7%

Higher than 1% of US stocks

Return on assets
−87.8%

Higher than 3% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

ESS Tech, Inc. (GWH) statistics: revenue, profit & scale

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 $3.8M and an enterprise value of $11.8M.

  • 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.

  • Shares outstanding: 40.3M.

  • Trailing P/E: −0.0×; forward P/E: −0.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • ESS Tech, Inc. employs 62 people — −$19K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Oct 2026

Data provided by Twelve Data

Peers

GWH vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelElectrical Equipment & Parts
CompanyMarket capTKN rank
GWHESS Tech, Inc.$3.8M
30
DFLIDragonfly Energy Holdings Corp.$6.1M
34
CCTGCCSC Technology International Holdings Ltd.$5.4M
14
POLAPolar Power, Inc.$4.6M
34
EPOWE-Power, Inc.$8.5M
8
XPONExpion Energy, Inc.$4.0M
19
FLUXFlux Power Holdings, Inc.$9.9M
35

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 →

News

Latest GWH news & analysis

NYSE to Commence Delisting Proceedings Against ESS Tech, Inc. (GWH)

Business Wire · 2 Oct 2026negative

NYSE Regulation has determined to commence proceedings to delist the common stock of ESS Tech, Inc. (ticker GWH) from the New York Stock Exchange. The decision was made under Section 802.01B of the NYSE Listed Company Manual because the company fell below the NYSE's continued listing standards.

Why it matters — GWH watchers would care because the company is facing potential removal of its common stock from NYSE listing, which relates to its continued listing eligibility.

NYSE to Commence Delisting Proceedings Against ESS Tech, Inc. (GWH)

Business Wire · 24 Sept 2026negative

NYSE Regulation has determined to commence delisting proceedings for ESS Tech, Inc.'s common stock (ticker GWH), citing the company's failure to demonstrate it had regained compliance under Section 802.02 of the Listed Company Manual. The delisting determination was based on the company's inability to show it had reestablished compliance with NYSE listing standards.

Why it matters — A delisting from the NYSE affects where GWH shares trade and reflects the company's failure to regain compliance with exchange listing requirements.

ESS Tech, Inc. (GWH) Q2 2026 Earnings Call Transcript

Seeking Alpha · 11 Aug 2026neutral

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) Reports Q2 Loss, Lags Revenue Estimates

Zacks Investment Research · 11 Aug 2026negative

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.

FAQ

Frequently asked questions about GWH stock

What is the GWH stock price forecast for 2026-2027?

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.

Is GWH stock a buy right now?

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 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank GWH?

As at 3 Oct 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 (95 of 100).

Will GWH stock go up?

No one can know that. What the data says: the median 12-month target from 1 analysts implies +1173.9% from the last close, and Ticker Nerd's factor model ranks ESS Tech, Inc. 30 out of 100 as at 3 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the GWH stock forecast for 2030?

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.

How has GWH stock performed over the past year?

ESS Tech, Inc. returned -89.9% over the 12 months to 1 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does ESS Tech, Inc. do?

ESS Tech, Inc., an energy storage company, engages in the design and production of iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and the gigawatt-hour energy base storage product, a fully configurable layout that integrates with any site location and that allows the power to be decoupled from the capacity.

What is the latest news on GWH?

The most recent item we track (Business Wire, 2 Oct 2026): "NYSE to Commence Delisting Proceedings Against ESS Tech, Inc. (GWH)". NYSE Regulation has determined to commence proceedings to delist the common stock of ESS Tech, Inc. (ticker GWH) from the New York Stock Exchange. The decision was made under Section 802.01B of the NYSE Listed Company Manual because the company fell below the NYSE's continued listing standards.

Company

About ESS Tech, Inc.

ESS Tech, Inc., an energy storage company, engages in the design and production of iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and the gigawatt-hour energy base storage product, a fully configurable layout that integrates with any site location and that allows the power to be decoupled from the capacity. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

CEO Mr. Drew Buckley · 62 employees · United States · https://essinc.com