Industrials -
Electrical Equipment & Parts - NYSE - US
$ 2.39
0.42 %
$ 28.9 M
Market Cap
-0.33
P/E
1. INTRINSIC VALUE
2. FUNDAMENTAL
ANALYSIS
Price Chart GWH
FINANCIALS
Balance Sheet
ESS Tech, Inc.
| Current Assets | 43.4 M |
| Cash & Short-Term Investments | 31.6 M |
| Receivables | 2.42 M |
| Other Current Assets | 9.34 M |
| Non-Current Assets | 28.4 M |
| Long-Term Investments | 0 |
| PP&E | 22.1 M |
| Other Non-Current Assets | 6.36 M |
| Current Liabilities | 27.6 M |
| Accounts Payable | 8.07 M |
| Short-Term Debt | 1.69 M |
| Other Current Liabilities | 17.8 M |
| Non-Current Liabilities | 15.3 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 15.3 M |
EFFICIENCY
Earnings Waterfall
ESS Tech, Inc.
| Revenue | 6.3 M |
| Cost Of Revenue | 51.7 M |
| Gross Profit | -45.4 M |
| Operating Expenses | 44.4 M |
| Operating Income | -89.8 M |
| Other Expenses | -3.58 M |
| Net Income | -86.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
ESS Tech, Inc.
| Net Income | -86.2 M |
| Depreciation & Amortization | 4.72 M |
| Capital Expenditures | -7.29 M |
| Stock-Based Compensation | 11.6 M |
| Change in Working Capital | 0 |
| Others | -2.3 M |
| Free Cash Flow | -79.5 M |
Wall Street Analysts Price Targets
ESS Tech, Inc.
Wall Street analysts predict an average 1-year price target for GWH of $4.44 , with forecasts ranging from
a
low of
$1.25 to a high of $9 .
GWH Lowest Price Target
Wall Street Target
1.25 USD
-47.70%
GWH Average Price Target
Wall Street Target
4.44 USD
85.84%
GWH Highest Price Target
Wall Street Target
9 USD
276.57%
4. DIVIDEND
ANALYSIS
GWH does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
ESS Tech, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
40 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
5.23 K USD 1
3-6 MONTHS
956 USD 1
6-9 MONTHS
81.8 K USD 2
9-12 MONTHS
7. News
ESS Tech (GWH) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
ESS Tech (GWH) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
zacks.com
- 6 days ago
ESS Recognized as TIME Top GreenTech Company and one of Fortune's Most Innovative Companies in America for 2025
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH) has been named one of TIME's Top GreenTech Companies in America 2025 and one of Fortune's Most Innovative Companies in America 2025. “We are honored to be recognized as a leader in green technology and innovation,” said Kelly Goodman, Interim CEO. “This recognition underscores our commitment to research and development, and the commercialization of safe and sustainable iron flow technology. Our commitment is reflected in our c.
businesswire.com
- 1 week ago
ESS Tech, Inc. (GWH) Q4 2024 Earnings Conference Call Transcript
ESS Tech, Inc. (NYSE:GWH ) Q4 2024 Earnings Conference Call March 31, 2025 5:00 PM ET Company Participants Erik Bylin - IR Kelly Goodman - Interim CEO Tony Rabb - CFO Conference Call Participants Justin Clare - ROTH Capital Partners George Gianarikas - Canaccord Genuity Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 week ago
ESS Tech, Inc. (GWH) Reports Q4 Loss, Lags Revenue Estimates
ESS Tech, Inc. (GWH) came out with a quarterly loss of $1.97 per share versus the Zacks Consensus Estimate of a loss of $1.51. This compares to loss of $1.35 per share a year ago.
zacks.com
- 1 week ago
ESS Tech, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE:GWH), a leading manufacturer of iron flow long-duration energy storage (LDES) systems for commercial and utility-scale applications, today announced financial results for its fourth quarter and full year ended December 31, 2024. “In 2024, ESS completed key metrics to advance our core technology and begin to execute on our previously announced strategic pivot. The first two Energy Centers that we manuf.
businesswire.com
- 1 week ago
Will ESS Tech, Inc. (GWH) Report Negative Earnings Next Week? What You Should Know
ESS Tech (GWH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
ESS Schedules Fourth Quarter and Full Year 2024 Financial Results Conference Call
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE : GWH), a leading manufacturer of iron flow long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it will hold a conference call on Monday, March 31, 2025 at 5:00 p.m. EDT to discuss financial results for its fourth quarter and full year 2024 ended December 31, 2024. The news release announcing the fourth quarter and full year 2024 financial results will be disseminated on Ma.
businesswire.com
- 3 weeks ago
ESS Announces Actions to Position the Company for the Future
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE:GWH), a leading manufacturer of iron flow long-duration energy storage (LDES) systems for utility- and commercial- scale applications, today announced changes with the intent to take the business in a new strategic direction: Eric Dresselhuys has resigned from the role of CEO and as a member of the Board of Directors of the Company. Kelly Goodman, current Vice President of Legal, has been appointed interim CEO. Ms. Goodman will be s.
businesswire.com
- 1 month ago
ESS's Saltwater Flow Batteries Are Starting To Gain Traction
ESS Tech, Inc. (NYSE: GWH) is a Wilsonville, Oregon developer and manufacturer of iron redox flow batteries and a contender in the battle for the emerging long-duration energy storage market. Investors have had a rough ride since the company went public via a SPAC transaction in late 2021, but it finally looks like things are turning around.
forbes.com
- 2 months ago
ESS Celebrates Commercial Launch of Energy Center™ Product
WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE:GWH), a leading manufacturer of iron flow long-duration energy storage (LDES) systems for commercial- and utility-scale applications, today celebrated the first commercial deliveries of Energy Center™ systems to a major Florida utility and the completion of construction and initial testing of a previously announced demonstration for its partner Portland General Electric (PGE). The ESS Energy Center™ product represents a significant.
businesswire.com
- 2 months ago
ESS Tech Is A High-Risk Investment That May Reward A Patient Investor
ESS offers iron flow batteries for utilities, providing a cost-effective, non-toxic, and durable energy storage solution with a 10-year performance guarantee. ESS's technology is ready for market, with revenue expected from upcoming sales and strategic partnerships enhancing their global reach. The global demand for long-duration energy storage is projected to reach, 1000GW by 2030, presenting a significant market opportunity.
seekingalpha.com
- 4 months ago
ESS Tech, Inc. (GWH) Q3 2024 Earnings Call Transcript
ESS Tech, Inc. (NYSE:GWH ) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Erik Bylin - Head of Investor Relations Eric Dresselhuys - Chief Executive Officer Anthony Rabb - Chief Financial Officer Conference Call Participants Justin Clare - ROTH Capital Partners Corinne Blanchard - Deutsche Bank Colin Rusch - Oppenheimer Ben Kallo - Baird George Gianarikas - Canaccord Genuity Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 4 months ago
8. Profile
Summary
ESS Tech, Inc. GWH
COUNTRY
US
INDUSTRY
Electrical Equipment & Parts
MARKET CAP
$ 28.9 M
Dividend Yield
0.00%
Description
ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
Contact
Building 83, Wilsonville, OR, 97070
https://essinc.com
IPO
Date
Jan. 4, 2021
Employees
231
Officers
Mr. Brian Lisiecki
Chief Information Officer
Mr. Chris Montgomery
Senior Vice President of Supply Chain
Dr. Benjamin Heng
Executive Vice President of Engineering
Mr. Anthony A. Rabb
Chief Financial Officer
Ms. Kelly F. Goodman J.D.
Interim Chief Executive Officer & Corporate Secretary
Erik Bylin
Head of Investor Relations