ESS Tech (GWH) Stock Price, News & Analysis

Company Overview

ESS Tech, Inc., an energy storage company, designs and produces 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 Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

Key Stats

• Today's Range: $1.82 to $1.87
• 50-Day Range: $0.83 to $2.39
• 52-Week Range: $0.76 to $10.41
• Volume: 76,190 shs
• Average Volume: 444,524 shs
• Market Capitalization: $23.85 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.92
• Consensus Rating: Reduce

ESS Tech Stock Analysis - MarketRank™

ESS Tech scored higher than 32% of companies evaluated by MarketBeat, and ranked 520th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Reduce

Consensus Rating

ESS Tech has received a consensus rating of Reduce. The company's average rating score is 1.78, and is based on no buy ratings, 7 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

ESS Tech has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for ESS Tech are expected to grow in the coming year, from ($6.87) to ($5.22) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ESS Tech is -0.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ESS Tech is -0.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ESS Tech has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.46% of the float of ESS Tech has been sold short.

Short Interest Ratio / Days to Cover

ESS Tech has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ESS Tech has recently increased by 7.79%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ESS Tech does not currently pay a dividend.

Dividend Growth

ESS Tech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

18.46% of the float of ESS Tech has been sold short.

Short Interest Ratio / Days to Cover

ESS Tech has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ESS Tech has recently increased by 7.79%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: N/A

News Sentiment

ESS Tech has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for ESS Tech this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for GWH on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ESS Tech insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.30% of the stock of ESS Tech is held by insiders.

Percentage Held by Institutions

46.77% of the stock of ESS Tech is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GWH Stock Analysis - Frequently Asked Questions

How have GWH shares performed this year?

ESS Tech's stock was trading at $5.88 at the beginning of the year. Since then, GWH stock has decreased by 68.5% and is now trading at $1.8550.

How were ESS Tech's earnings last quarter?

ESS Tech, Inc. (NYSE:GWH) announced its quarterly earnings results on Thursday, May, 15th. The company reported ($1.50) earnings per share for the quarter, topping analysts' consensus estimates of ($1.66) by $0.16. The business earned $0.60 million during the quarter, compared to the consensus estimate of $3.45 million. ESS Tech had a negative trailing twelve-month return on equity of 215.91% and a negative net margin of 2,067.81%.
Read the conference call transcript.

When did ESS Tech's stock split?

Shares of ESS Tech reverse split before market open on Monday, August 26th 2024.The 1-15 reverse split was announced on Monday, August 26th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, August 26th 2024. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

How do I buy shares of ESS Tech?

Shares of GWH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of ESS Tech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ESS Tech investors own include Enovix (ENVX), Rambus (RMBS), COMPASS Pathways (CMPS), Ginkgo Bioworks (DNA), Toast (TOST), Luminar Technologies (LAZR) and Globant (GLOB).

Company Calendar

• Last Earnings: 5/15/2025
• Today: 8/08/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: ELEC PRODS - MISC
• Sub-Industry: Electrical Equipment
• Current Symbol: NYSE:GWH
• CIK: 1819438
• Web: www.acons2.com
• Phone: 855-423-9920
• Fax: N/A
• Employees: 270
• Year Founded: 2011

Price Target and Rating

• Average Price Target for ESS Tech: $8.92
• High Price Target: $22.50
• Low Price Target: $2.50
• Potential Upside/Downside: +377.3%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($7.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$86.22 million
• Net Margins: -2,067.81%
• Pretax Margin: -2,067.81%
• Return on Equity: -215.91%
• Return on Assets: -103.16%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.07
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $6.30 million
• Price / Sales: 3.82
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.41 per share
• Price / Book: 0.78

Miscellaneous

• Outstanding Shares: 12,900,000
• Free Float: 12,599,000
• Market Cap: $24.10 million
• Optionable: Optionable
• Beta: 1.23