ESS Tech, Inc. (GWH)
NYSE: GWH · IEX Real-Time Price · USD
0.691
+0.027 (4.03%)
At close: Apr 19, 2024, 4:00 PM
0.670
-0.021 (-3.04%)
After-hours: Apr 19, 2024, 7:32 PM 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 2.45, with a low estimate of 0.80 and a high estimate of 3.00. The average target predicts an increase of 254.51% from the current stock price of 0.69.
Analyst Consensus: Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for ESS Tech stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Hold Maintains $1.9 → $0.8 | Hold | Maintains | $1.9 → $0.8 | +15.76% | Mar 15, 2024 |
| Baird | Baird | Buy Maintains $4 → $3 | Buy | Maintains | $4 → $3 | +334.09% | Mar 14, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.75 → $1.25 | Hold | Maintains | $1.75 → $1.25 | +80.87% | Mar 14, 2024 |
| Chardan Capital | Chardan Capital | Hold Maintains $1.8 → $1.1 | Hold | Maintains | $1.8 → $1.1 | +59.17% | May 25, 2023 |
| Baird | Baird | Buy Maintains $7 → $4 | Buy | Maintains | $7 → $4 | +478.79% | May 11, 2023 |
Financial Forecast
Revenue This Year
312.54M
from 7.54M
Increased by 4,045.09%
Revenue Next Year
27.90M
from 312.54M
Decreased by -91.07%
EPS This Year
-0.39
from -0.48
EPS Next Year
-0.39
from -0.39
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.5M | 180.3M | 348.6M | 535.5M | 771.1M |
| Avg | 27.9M | 119.1M | 203.4M | 478.8M | 741.7M |
| Low | 24.9M | 67.4M | 93.1M | 429.4M | 719.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 303.8% | 546.4% | 192.7% | 163.3% | 61.0% |
| Avg | 270.0% | 326.9% | 70.7% | 135.5% | 54.9% |
| Low | 230.1% | 141.7% | -21.8% | 111.2% | 50.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.34 | -0.13 | -0.02 | 0.25 | 0.70 |
| Avg | -0.39 | -0.25 | -0.07 | 0.17 | 0.68 |
| Low | -0.44 | -0.36 | -0.14 | 0.09 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 322.1% |
| Avg | - | - | - | - | 306.1% |
| Low | - | - | - | - | 294.0% |
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.