ESS Tech, Inc. (GWH)
NYSE: GWH · Real-Time Price · USD
4.660
+0.240 (5.43%)
Dec 20, 2024, 4:00 PM EST - Market closed
ESS Tech Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ESS Tech stock have an average target of 2.54, with a low estimate of 0.80 and a high estimate of 8.00. The average target predicts a decrease of -45.49% from the current stock price of 4.66.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for ESS Tech stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $8 | Hold | Maintains | $8 | +71.67% | Nov 14, 2024 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 14, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $1.15 → $0.9 | Hold | Maintains | $1.15 → $0.9 | -80.69% | Aug 16, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $1 | Hold | Maintains | $1.25 → $1 | -78.54% | Aug 16, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $2 → $1.5 | Strong Buy | Maintains | $2 → $1.5 | -67.81% | Aug 15, 2024 |
Financial Forecast
Revenue This Year
9.96M
from 7.54M
Increased by 32.11%
Revenue Next Year
43.94M
from 9.96M
Increased by 341.09%
EPS This Year
-6.62
from -7.27
EPS Next Year
-4.27
from -6.62
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.6M | 51.9M | 177.4M | |||
| Avg | 10.0M | 43.9M | 129.4M | |||
| Low | 9.3M | 33.9M | 93.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 40.6% | 420.8% | 303.6% | |||
| Avg | 32.1% | 341.1% | 194.6% | |||
| Low | 23.6% | 240.4% | 112.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -5.93 | -1.76 | -1.59 | |||
| Avg | -6.62 | -4.27 | -3.02 | |||
| Low | -6.85 | -5.59 | -4.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | |||
| Avg | - | - | - | |||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.