ESS Tech Inc (GWH)Industrials | Electrical Equipment & Parts | Wilsonville, United States |
USD
|
Hot Take ↕ | Oct. 10, 2026, 8:29 a.m. UTC
The immediate outlook is severely bearish as the stock has tumbled from roughly $0.40 to under $0.11 in the last two weeks, confirming a sharp technical breakdown. This collapse follows a catastrophic multi-year decline where the price has lost over 97% of its value since 2021, driven by four consecutive years of negative annual returns. Fundamentally, the business is in distress with negative revenue growth of nearly 97%, negative earnings, and a balance sheet showing negative book value and significant debt. There is no dividend income to offset these risks, and the company faces delisting threats due to low trading volumes. While analysts have set a theoretical target price of $2.00, this ignores the reality of the deteriorating fundamentals and the massive gap between current operations and that valuation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.553629 |
| MSTL | 0.627852 |
| AutoETS | 0.639335 |
| AutoARIMA | 0.651828 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 28% |
| H-stat | 23.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.367 |
| Excess Kurtosis | -0.13 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Revenue per Share | -0.048 |
| Market Cap | 6,310,959 |
| Forward P/E | -0.20 |
| Beta | 1.35 |
| Website | https://essinc.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.9880663 |
| Address1 | Building 83 |
| Address2 | 26,440 SW Parkway Avenue |
| All Time High | 433.8 |
| All Time Low | 0.05 |
| Ask | 0.0 |
| Ask Size | 110,000 |
| Audit Risk | 5 |
| Average Daily Volume10 Day | 1,373,990 |
| Average Volume | 1,090,662 |
| Average Volume10Days | 1,373,990 |
| Beta | 1.354 |
| Bid | 0.0 |
| Bid Size | 50,000 |
| Board Risk | 7 |
| Book Value | -0.082 |
| City | Wilsonville |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 8 |
| Country | United States |
| Currency | USD |
| Current Price | 0.1567 |
| Current Ratio | 0.68 |
| Date Short Interest | 1,789,430,400 |
| Day High | 0.1785 |
| Day Low | 0.156 |
| Ebitda | -44,886,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -0.262 |
| Enterprise To Revenue | -10.04 |
| Enterprise Value | 11,776,403 |
| Exchange | NYQ |
| Exchange Timezone Name | UTC |
| Fifty Day Average | 0.40026 |
| Fifty Two Week High | 13.87 |
| Fifty Two Week Low | 0.05 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 1,784,295,000 |
| Float Shares | 29,826,333 |
| Forward Eps | -0.79 |
| Forward P E | -0.19835442 |
| Free Cashflow | -33,593,876 |
| Full Time Employees | 62 |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 0.1567 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.0 |
| Gross Profits | -24,783,000 |
| Held Percent Insiders | 0.0731 |
| Held Percent Institutions | 0.19037001 |
| Implied Shares Outstanding | 40,274,150 |
| Industry | Electrical Equipment & Parts |
| Industry Disp | Electrical Equipment & Parts |
| Industry Key | electrical-equipment-parts |
| 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 Cap | 6,310,959 |
| 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 | 14,736,311 |
| Number Of Analyst Opinions | 1 |
| Open | 0.1649 |
| Operating Cashflow | -42,089,000 |
| Operating Margins | -207.31508 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Phone | 855 423 9920 |
| Previous Close | 0.1567 |
| Price Hint | 4 |
| Price To Sales Trailing12 Months | -5.3801866 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.573 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Regular Market Day High | 0.1785 |
| Regular Market Day Low | 0.156 |
| Regular Market Open | 0.1649 |
| Regular Market Previous Close | 0.1567 |
| Regular Market Volume | 1,523,385 |
| Return On Assets | -0.87765 |
| Return On Equity | -213.39706 |
| Revenue Growth | -0.969 |
| Revenue Per Share | -0.048 |
| Sand P52 Week Change | 0.16440773 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 40,274,150 |
| Shares Percent Shares Out | 0.060300004 |
| Shares Short | 2,428,614 |
| Shares Short Previous Month Date | 1,786,665,600 |
| Shares Short Prior Month | 2,921,333 |
| Short Name | ESS Tech, Inc. |
| Short Percent Of Float | 0.060700003 |
| Short Ratio | 2.09 |
| State | OR |
| Symbol | GWH |
| Target High Price | 2.0 |
| Target Low Price | 2.0 |
| Target Mean Price | 2.0 |
| Target Median Price | 2.0 |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| 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 | -2.95 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 1.02244 |
| Underlying Symbol | GWH |
| Uuid | 4dc55278-505d-3ee8-a130-7acd16e2c930 |
| Volume | 1,523,385 |
| Website | https://essinc.com |
| Zip | 97,070 |