ESS Tech, Inc. (GWH)

ESS Tech Stock Forecast

Stock Price Forecast

The 5 analysts that cover ESS Tech stock have a consensus rating of "Hold" and an average price target of $2.1, which forecasts a 73.55% increase in the stock price over the next year. The lowest target is $0.9 and the highest is $3.

Price Target: $2.1 (+73.55%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.90	$2.10	$3.00	$3.00
Change	-25.62%	+73.55%	+147.93%	+147.93%

* Price targets were last updated on Apr 1, 2025.

Analyst Ratings

The average analyst rating for ESS Tech stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	2	2	1	1	1	1
Buy	0	0	0	0	0	0
Hold	4	4	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Gianarikas Canaccord Genuity	Canaccord Genuity	Hold Maintains $8 → $3	Hold	Maintains	$8 → $3	+147.93%	Apr 1, 2025
Justin Clare Roth MKM	Roth MKM	Strong Buy → Hold Downgrades $17 → $3	Strong Buy → Hold	Downgrades	$17 → $3	+147.93%	Mar 4, 2025
George Gianarikas Canaccord Genuity	Canaccord Genuity	Hold Maintains $8	Hold	Maintains	$8	+561.16%	Nov 14, 2024
Colin Rusch Oppenheimer	Oppenheimer	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Nov 14, 2024
Corinne Blanchard Deutsche Bank	Deutsche Bank	Hold Maintains $1.15 → $0.9	Hold	Maintains	$1.15 → $0.9	-25.62%	Aug 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

17.59M

Increased by 179.38%

from 6.30M

Revenue Next Year

48.50M

Increased by 175.77%

from 17.59M

EPS This Year

-4.58

from -7.32

EPS Next Year

-2.96

from -4.58

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	-	-	894.00K	7.54M	6.30M	17.59M	48.50M	138.37M
Revenue Growth	-	-	-	743.40%	-16.51%	179.38%	175.77%	185.30%
EPS	-7.75	-85.96	-7.66	-7.27	-7.32	-4.58	-2.96	-3.15
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	30.8M	77.3M	264.7M
Avg	17.6M	48.5M	246.0M
Low	4.1M	22.5M	230.3M

Revenue Growth

Revenue Growth	2025	2026	2027
High	388.7%	339.4%	445.8%
Avg	179.4%	175.8%	407.2%
Low	-34.6%	28.2%	374.8%

EPS Forecast

EPS	2025	2026	2027
High	-4.43	-2.28	-2.74
Avg	-4.58	-2.96	-2.64
Low	-4.95	-3.52	-2.56

EPS Growth

EPS Growth	2025	2026	2027
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.