ESS Tech, Inc. (GWH)
NYSE: GWH · IEX Real-Time Price · USD
0.796
-0.009 (-1.11%)
At close: Jul 19, 2024, 4:00 PM
0.805
+0.008 (1.06%)
Pre-market: Jul 22, 2024, 5:03 AM EDT
ESS Tech Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ESS Tech stock have an average target of 1.83, with a low estimate of 0.80 and a high estimate of 3.00. The average target predicts an increase of 129.87% from the current stock price of 0.80.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ESS Tech stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Initiates $1.5 | Strong Buy | Initiates | $1.5 | +88.42% | Jul 12, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $2.5 → $2 | Strong Buy | Maintains | $2.5 → $2 | +151.22% | May 8, 2024 |
| Chardan Capital | Chardan Capital | Hold Maintains $1.9 → $0.8 | Hold | Maintains | $1.9 → $0.8 | +0.49% | Mar 15, 2024 |
| Baird | Baird | Buy Maintains $4 → $3 | Buy | Maintains | $4 → $3 | +276.84% | Mar 14, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.75 → $1.25 | Hold | Maintains | $1.75 → $1.25 | +57.02% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
312.54M
from 7.54M
Increased by 4,045.09%
Revenue Next Year
25.85M
from 312.54M
Decreased by -91.73%
EPS This Year
-0.39
from -0.48
EPS Next Year
-0.42
from -0.39
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.1M | 142.4M | 348.6M | 423.1M | 707.8M |
| Avg | 25.8M | 96.4M | 203.4M | 339.8M | 680.8M |
| Low | 17.6M | 51.0M | 93.1M | 264.6M | 660.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 299.7% | 450.8% | 261.7% | 108.0% | 108.3% |
| Avg | 242.8% | 272.9% | 111.0% | 67.1% | 100.4% |
| Low | 134.0% | 97.2% | -3.4% | 30.1% | 94.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.40 | -0.22 | -0.02 | 0.01 | 0.42 |
| Avg | -0.42 | -0.30 | -0.07 | -0.11 | 0.40 |
| Low | -0.44 | -0.35 | -0.14 | -0.22 | 0.39 |
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.