ESS Tech, Inc. (GWH)
NYSE: GWH · Real-Time Price · USD
2.260
+0.110 (5.12%)
Apr 24, 2025, 4:00 PM EDT - Market closed
ESS Tech Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ESS Tech stock have an average target of 2.10, with a low estimate of 0.90 and a high estimate of 3.00. The average target predicts a decrease of -7.08% from the current stock price of 2.26.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ESS Tech stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $8 → $3 | Hold | Maintains | $8 → $3 | +32.74% | Apr 1, 2025 |
| Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $17 → $3 | Strong Buy → Hold | Downgrades | $17 → $3 | +32.74% | Mar 4, 2025 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $8 | Hold | Maintains | $8 | +253.98% | 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 | -60.18% | Aug 16, 2024 |
Financial Forecast
Revenue This Year
19.18M
from 6.30M
Increased by 204.61%
Revenue Next Year
49.82M
from 19.18M
Increased by 159.83%
EPS This Year
-4.15
from -7.32
EPS Next Year
-3.16
from -4.15
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.8M | 77.3M | 264.7M | ||
| Avg | 19.2M | 49.8M | 246.0M | ||
| Low | 8.3M | 22.5M | 230.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 388.7% | 303.0% | 431.3% | ||
| Avg | 204.6% | 159.8% | 393.7% | ||
| Low | 32.3% | 17.5% | 362.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -3.09 | -2.26 | -2.74 | ||
| Avg | -4.15 | -3.16 | -2.64 | ||
| Low | -4.95 | -4.38 | -2.56 |
EPS Growth
| EPS Growth | 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.