ESS Tech, Inc. (GWH)

NYSE: GWH · IEX Real-Time Price · USD
0.712
-0.033 (-4.45%)
At close: Jul 2, 2024, 4:00 PM
0.737
+0.024 (3.41%)
After-hours: Jul 2, 2024, 7:44 PM EDT
-4.45%
Market Cap 124.58M
Revenue (ttm) 9.91M
Net Income (ttm) -73.99M
Shares Out 174.92M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,588,382
Open 0.725
Previous Close 0.745
Day's Range 0.711 - 0.768
52-Week Range 0.611 - 2.120
Beta 1.50
Analysts Buy
Price Target 1.93 (+170.99%)
Earnings Date Aug 6, 2024

About GWH

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. [Read more]

Sector Industrials
Founded 2011
Employees 231
Stock Exchange NYSE
Ticker Symbol GWH
Full Company Profile

Financial Performance

In 2023, ESS Tech's revenue was $7.54 million, an increase of 743.40% compared to the previous year's $894,000. Losses were -$77.58 million, -0.50% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GWH stock is "Buy." The 12-month stock price forecast is $1.93, which is an increase of 170.99% from the latest price.

Price Target
$1.93
(170.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Make More in America Initiative to Fund Expansion of ESS's Long-Duration Energy Storage Manufacturing Capacity

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announc...

5 days ago - Business Wire

ESS' Iron Flow Batteries Selected by Indian Energy and the California Energy Commission to Demonstrate Utility-Scale Resilient Microgrids

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc., (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale energy storage application...

7 days ago - Business Wire

ESS's Energy Center Receives Smarter E Innovation Award Underscoring Critical Role of LDES in Clean Energy Transition

MUNICH--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that its...

13 days ago - Business Wire

ESS and Burbank Water & Power Celebrate Commissioning of First Iron Flow Battery System on BWP EcoCampus

BURBANK, Calif.--(BUSINESS WIRE)--ESS Tech, Inc., (ESS) (NYSE: GWH) a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale energy storage applications, ...

4 weeks ago - Business Wire

ESS Inc. to Present at the Deutsche Bank 2024 Global Solar & Clean Tech Conference and the TD Cowen 2nd Annual Sustainability Week

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, ...

7 weeks ago - Business Wire

ESS Tech, Inc. Announces First Quarter 2024 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale ap...

2 months ago - Business Wire

ESS to Deliver Long-Duration Energy Storage Solutions to Sapele Power to Improve Generation Efficiency

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today annou...

2 months ago - Business Wire

ESS Technology Takes Off at Schiphol to Decarbonize Air Transportation

AMSTERDAM--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale applications, today announced that ...

2 months ago - Business Wire

ESS Inc. Schedules First Quarter 2024 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, ...

2 months ago - Business Wire

ESS' Energy Center is First LDES Solution to Receive IEEE 693 Rating Demonstrating Resilience Against Seismic Events

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announc...

3 months ago - Business Wire

ESS Tech, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-sc...

3 months ago - Business Wire

ESS Inc. Schedules Fourth Quarter and Full Year 2023 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, ...

5 months ago - Business Wire

ESS Expands Deployment Footprint in California, Commissions New Project and Advances Energy Center Product Line

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today annou...

5 months ago - Business Wire

ESS Technology to Demonstrate Value of Long-Duration Energy Storage in Military Applications

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of flexible, sustainable and responsible long-duration energy storage systems for commercial and utility-...

6 months ago - Business Wire

ESS Tech, Inc. Announces Third Quarter 2023 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale ap...

8 months ago - Business Wire

ESS Inc. Schedules Third Quarter 2023 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, ...

8 months ago - Business Wire

Honeywell Investment in Battery Storage Sends This Stock Soaring

Honeywell is investing in ESS Tech, an iron flow battery company that can provide backup power storage for utilities.

Other symbols: HON
10 months ago - Barrons

Honeywell and ESS Tech, Inc. Collaborate to Accelerate Commercial Deployment of Iron Flow Battery Energy Storage Systems

CHARLOTTE, N.C. & WILSONVILLE, Ore.--(BUSINESS WIRE)--Honeywell (Nasdaq: HON) today announced a strategic collaboration with ESS Tech, Inc. (ESS) (NYSE: GWH) to advance technology development and mark...

Other symbols: HON
10 months ago - Business Wire

ESS Recognized as Leading American Clean Technology Exporter by U.S. Department of Commerce

LAS VEGAS--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced tha...

10 months ago - Business Wire

ESS Commissions First Iron Flow Battery Deployment for Sacramento Municipal Utility District

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today annou...

10 months ago - Business Wire

Harry Quarls Joins ESS Board of Directors as Chairman

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) for commercial and utility-scale applications, today announced Har...

11 months ago - Business Wire

Jeff Loebbaka Joins ESS as Chief Commercial Officer to Drive Growth and Maximize Customer Value

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today annou...

11 months ago - Business Wire

Senator Ron Wyden and Senior Officials Join ESS to Celebrate a Year of Achievement in American Clean Tech Manufacturing

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, hosted Sena...

11 months ago - Business Wire

ESS Tech, Inc. Announces Second Quarter 2023 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale ap...

11 months ago - Business Wire

ESS Inc. to Present at the Canaccord Genuity 43rd Annual Growth Conference

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading global manufacturer of long-duration energy storage systems, announced today that Eric Dresselhuys, chief e...

11 months ago - Business Wire