ESS Tech, Inc. (GWH)
NYSE: GWH · Real-Time Price · USD
7.85
+0.51 (6.95%)
Oct 11, 2024, 4:00 PM EDT - 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 1.14, with a low estimate of 0.80 and a high estimate of 1.50. The average target predicts a decrease of -85.48% from the current stock price of 7.85.
Analyst Consensus: Buy
* Price targets were last updated on Aug 16, 2024.
Analyst Ratings
The average analyst rating for ESS Tech stock from 5 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 1 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Maintains $1.15 → $0.9 | Hold | Maintains | $1.15 → $0.9 | -88.54% | Aug 16, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $1.25 → $1 | Hold | Maintains | $1.25 → $1 | -87.26% | Aug 16, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $2 → $1.5 | Strong Buy | Maintains | $2 → $1.5 | -80.89% | Aug 15, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $1.5 | Strong Buy | Initiates | $1.5 | -80.89% | Jul 12, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $1.4 → $1.15 | Hold | Maintains | $1.4 → $1.15 | -85.35% | May 9, 2024 |
Financial Forecast
Revenue This Year
23.68M
from 7.54M
Increased by 214.05%
Revenue Next Year
71.87M
from 23.68M
Increased by 203.51%
EPS This Year
-6.40
from -7.27
EPS Next Year
-4.63
from -6.40
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.8M | 91.5M | 257.5M | ||
| Avg | 23.7M | 71.9M | 175.7M | ||
| Low | 19.5M | 51.0M | 122.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 269.0% | 286.2% | 258.2% | ||
| Avg | 214.0% | 203.5% | 144.5% | ||
| Low | 158.6% | 115.2% | 70.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.99 | -3.28 | -2.05 | ||
| Avg | -6.40 | -4.63 | -3.45 | ||
| Low | -6.76 | -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.