ESS Tech, Inc. (GWH)
NYSE: GWH · Real-Time Price · USD
5.21
+0.04 (0.77%)
Nov 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 -51.25% from the current stock price of 5.21.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $8 | Hold | Maintains | $8 | +53.55% | 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 | -82.73% | Aug 16, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $1 | Hold | Maintains | $1.25 → $1 | -80.81% | Aug 16, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $2 → $1.5 | Strong Buy | Maintains | $2 → $1.5 | -71.21% | Aug 15, 2024 |
Financial Forecast
Revenue This Year
22.72M
from 7.54M
Increased by 201.33%
Revenue Next Year
66.85M
from 22.72M
Increased by 194.23%
EPS This Year
-6.04
from -7.27
EPS Next Year
-4.59
from -6.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.8M | 89.5M | 257.5M | ||
| Avg | 22.7M | 66.9M | 175.7M | ||
| Low | 18.9M | 51.0M | 122.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 269.0% | 293.9% | 285.1% | ||
| Avg | 201.3% | 194.2% | 162.8% | ||
| Low | 150.8% | 124.3% | 83.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.04 | -3.28 | -2.05 | ||
| Avg | -6.04 | -4.59 | -3.44 | ||
| Low | -6.47 | -5.64 | -5.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.