ESS Tech, Inc. (GWH)Industrials | Electrical Equipment & Parts | Wilsonville, United States | NYSE
0.35 USD
-0.01
(-2.368%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 0.35 +0.00 (0.171%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:55 a.m. EDT
The investment case for this company has collapsed entirely. Fundamentally, the business is generating negative revenue, posting massive losses, and burning through cash at an accelerating rate, with operating margins in the triple negatives. The balance sheet is fragile, with debt exceeding cash reserves and a current ratio well below one, signaling imminent liquidity stress. The price action confirms this deterioration: the stock has erased nearly 99% of its value over the last four years, with every single year showing a double-digit percentage decline. While recent headlines tout a sodium-ion battery deal, the market has already priced in the reality that the company cannot sustain operations without capital infusion. With no dividend to provide income and a trajectory of consistent destruction of shareholder value, there is no rational basis for a long-term hold. In the short term, the technicals are broken, trading far below moving averages with low volume relative to the prior float, suggesting a lack of organic demand rather than a speculative bounce. Any attempt to enter now is a gamble on a turnaround that the financial statements suggest is currently impossible. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.182617 |
| AutoARIMA | 0.213375 |
| AutoETS | 0.216285 |
| MSTL | 0.219322 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 2.07 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 0.67 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Revenue per Share | -0.048 |
| Market Cap | 13,795,256 |
| Forward P/E | -0.44 |
| Beta | 1.42 |
| Website | https://essinc.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.7435714 |
| Address1 | Building 83 |
| Address2 | 26,440 SW Parkway Avenue |
| All Time High | 433.8 |
| All Time Low | 0.34 |
| Ask | 0.364 |
| Ask Size | 100 |
| Audit Risk | 5 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 1,425,370 |
| Average Daily Volume3 Month | 855,498 |
| Average Volume | 855,498 |
| Average Volume10Days | 1,425,370 |
| Beta | 1.422 |
| Bid | 0.3495 |
| Bid Size | 3,300 |
| Board Risk | 7 |
| Book Value | 0.385 |
| City | Wilsonville |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.3504 |
| Current Ratio | 0.68 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 0.3635 |
| Day Low | 0.3403 |
| Display Name | ESS Tech |
| Earnings Call Timestamp End | 1,786,482,000 |
| Earnings Call Timestamp Start | 1,786,482,000 |
| Earnings Timestamp | 1,786,478,400 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | -44,886,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -0.405 |
| Enterprise To Revenue | -15.484 |
| Enterprise Value | 18,162,696 |
| Eps Current Year | -1.68 |
| Eps Forward | -0.79 |
| Eps Trailing Twelve Months | -2.88 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.72976 |
| Fifty Day Average Change | -0.37936 |
| Fifty Day Average Change Percent | -0.51984215 |
| Fifty Two Week Change Percent | -74.35714 |
| Fifty Two Week High | 13.87 |
| Fifty Two Week High Change | -13.5196 |
| Fifty Two Week High Change Percent | -0.97473687 |
| Fifty Two Week Low | 0.34 |
| Fifty Two Week Low Change | 0.010399997 |
| Fifty Two Week Low Change Percent | 0.030588226 |
| Fifty Two Week Range | 0.34 - 13.87 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,609,770,600,000 |
| Float Shares | 28,619,301 |
| Forward Eps | -0.79 |
| Forward P E | -0.4435443 |
| Free Cashflow | -33,593,876 |
| Full Exchange Name | NYSE |
| Full Time Employees | 62 |
| Fullday Change | -0.00850001 |
| Fullday Change Percent | -2.36835 |
| Fullday Price | 0.351 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.0 |
| Gross Profits | -24,783,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.07882 |
| Held Percent Institutions | 0.16517 |
| Implied Shares Outstanding | 39,370,025 |
| Industry | Electrical Equipment & Parts |
| Industry Disp | Electrical Equipment & Parts |
| Industry Key | electrical-equipment-parts |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,724,630,400 |
| Last Split Factor | 1:15 |
| Long Business Summary | ESS Tech, Inc., an energy storage company, engages in the design and production of 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 the gigawatt-hour energy base storage product, a fully configurable layout that integrates with any site location and that allows the power to be decoupled from the capacity. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. |
| Long Name | ESS Tech, Inc. |
| Market | us_market |
| Market Cap | 13,795,256 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_265894752 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -65,833,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 14,129,901 |
| Number Of Analyst Opinions | 1 |
| Open | 0.357 |
| Operating Cashflow | -42,089,000 |
| Operating Margins | -207.31508 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 855 423 9920 |
| Post Market Change | 0.00060001016 |
| Post Market Change Percent | 0.17123577 |
| Post Market Price | 0.351 |
| Post Market Time | 1,787,959,831 |
| Previous Close | 0.3589 |
| Price Eps Current Year | -0.20857143 |
| Price Hint | 4 |
| Price To Book | 0.9101299 |
| Price To Sales Trailing12 Months | -11.760661 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.573 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -0.00850001 |
| Regular Market Change Percent | -2.36835 |
| Regular Market Day High | 0.3635 |
| Regular Market Day Low | 0.3403 |
| Regular Market Day Range | 0.3403 - 0.3635 |
| Regular Market Open | 0.357 |
| Regular Market Previous Close | 0.3589 |
| Regular Market Price | 0.3504 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 556,236 |
| Return On Assets | -0.87765 |
| Return On Equity | -213.39706 |
| Revenue Growth | -0.969 |
| Revenue Per Share | -0.048 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 39,370,025 |
| Shares Percent Shares Out | 0.088599995 |
| Shares Short | 2,921,333 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 1,725,825 |
| Short Name | ESS Tech, Inc. |
| Short Percent Of Float | 0.08939999 |
| Short Ratio | 3.84 |
| Source Interval | 15 |
| State | OR |
| Symbol | GWH |
| Target High Price | 2.0 |
| Target Low Price | 2.0 |
| Target Mean Price | 2.0 |
| Target Median Price | 2.0 |
| Total Cash | 10,848,000 |
| Total Cash Per Share | 0.329 |
| Total Debt | 17,458,000 |
| Total Revenue | -1,173,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.88 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.367085 |
| Two Hundred Day Average Change | -1.016685 |
| Two Hundred Day Average Change Percent | -0.7436882 |
| Type Disp | Equity |
| Volume | 556,236 |
| Website | https://essinc.com |
| Zip | 97,070 |