ESS Tech Inc's fundamentals are relatively stable, and its growth potential is good.Its valuation is considered fairly valued, ranking 118/183 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 2.75.In the medium term, the stock price is expected to trend up.The company has shown very weak stock market performance over the past month, in line with its fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
ESS Tech Inc's Score
Industry at a Glance
Industry Ranking
118 / 183
Overall Ranking
375 / 4582
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
2.750
Target Price
+23.32%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
ESS Tech Inc Highlights
StrengthsRisks
ESS Tech, Inc. is a long-duration energy storage company specializing in iron flow battery technology. The Company designs and produces long-duration batteries using earth-abundant materials. Its batteries provide flexibility to grid operators and energy assurance for commercial and industrial customers. Its technology addresses energy delivery, duration, and cycle-life in a single battery platform that compares favorably to lithium-ion batteries. Using its iron flow battery technology, the Company is developing two products, such as the Energy Warehouse and Energy Center. Energy Center solutions are designed specifically for utilities, independent power producers (IPPs), and large commercial and industrial consumers. The Company’s batteries are non-flammable and non-toxic and can operate in a wide range of temperatures from -15 degrees Celsius (C) to 50 degrees C with minimal auxiliary loads.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 604.14% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 6.29M.
Overvalued
The company’s latest PE is -0.39, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 3.02M shares, increasing 3.01% quarter-over-quarter.
ESS Tech, Inc. is a long-duration energy storage company specializing in iron flow battery technology. The Company designs and produces long-duration batteries using earth-abundant materials. Its batteries provide flexibility to grid operators and energy assurance for commercial and industrial customers. Its technology addresses energy delivery, duration, and cycle-life in a single battery platform that compares favorably to lithium-ion batteries. Using its iron flow battery technology, the Company is developing two products, such as the Energy Warehouse and Energy Center. Energy Center solutions are designed specifically for utilities, independent power producers (IPPs), and large commercial and industrial consumers. The Company’s batteries are non-flammable and non-toxic and can operate in a wide range of temperatures from -15 degrees Celsius (C) to 50 degrees C with minimal auxiliary loads.
Ticker SymbolGWH
CompanyESS Tech Inc
CEOGoodman (Kelly F)
Websitehttps://essinc.com/
FAQs
What is the current price of ESS Tech Inc (GWH)?
The current price of ESS Tech Inc (GWH) is 1.985.
What is the symbol of ESS Tech Inc?
The ticker symbol of ESS Tech Inc is GWH.
What is the 52-week high of ESS Tech Inc?
The 52-week high of ESS Tech Inc is 13.870.
What is the 52-week low of ESS Tech Inc?
The 52-week low of ESS Tech Inc is 0.760.
What is the market capitalization of ESS Tech Inc?
The market capitalization of ESS Tech Inc is 30.55M.
What is the net income of ESS Tech Inc?
The net income of ESS Tech Inc is -86.22M.
Is ESS Tech Inc (GWH) currently rated as Buy, Hold, or Sell?
According to analysts, ESS Tech Inc (GWH) has an overall rating of Buy, with a price target of 2.750.
What is the Earnings Per Share (EPS TTM) of ESS Tech Inc (GWH)?
The Earnings Per Share (EPS TTM) of ESS Tech Inc (GWH) is -5.048.