NYSE: GWH
Ess Tech Inc Stock Forecast, Predictions & Price Target

Analyst price target for GWH

Based on 4 analysts offering 12 month price targets for Ess Tech Inc

Min Forecast
$0.90-83.46%
Avg Forecast
$2.98-45.31%
Max Forecast
$8.00+47.06%

Should I buy or sell GWH stock?

Based on 4 analysts offering ratings for Ess Tech Inc.

Buy
Strong Buy
2 analysts 50%
Buy
0 analysts 0%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although GWH's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates GWH as a "Strong Sell". Stocks with a Zen Rating of Strong Sell have trailed the market by -8.02%. Learn More

Be the first to know when Wall Street analysts revise their GWH stock forecasts and price targets.

GWH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-14
lockedlocked$00.00+00.00%2024-08-16
lockedlocked$00.00+00.00%2024-08-15
lockedlocked$00.00+00.00%2024-07-12

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Forecast return on equity

Is GWH forecast to generate an efficient return?

Company
-26.08%
Industry
82.73%
Market
70.63%
GWH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GWH forecast to generate an efficient return on assets?

Company
-13.27%
Industry
18.2%
GWH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GWH earnings per share forecast

What is GWH's earnings per share in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
-$6.72
Avg 2 year Forecast
-$4.09
Avg 3 year Forecast
-$2.70

GWH revenue forecast

What is GWH's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$9.7M+54.69%
Avg 2 year Forecast
$46.5M+645.38%
Avg 3 year Forecast
$144.5M+2,215.16%
GWH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GWH revenue growth forecast

How is GWH forecast to perform vs Electrical Equipment & Parts companies and vs the US market?

Company
178.15%
Industry
15.64%
Market
8.87%
GWH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GWH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GWH vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
GWH$5.44$2.98-45.31%Buy
PITA$1.37N/AN/A
PPSI$6.18$12.00+94.17%Buy
ELPW$1.08N/AN/A
STI$0.43N/AN/A

Ess Tech Stock Forecast FAQ

Is Ess Tech Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: GWH) stock is to Buy GWH stock.

Out of 4 analysts, 2 (50%) are recommending GWH as a Strong Buy, 0 (0%) are recommending GWH as a Buy, 2 (50%) are recommending GWH as a Hold, 0 (0%) are recommending GWH as a Sell, and 0 (0%) are recommending GWH as a Strong Sell.

If you're new to stock investing, here's how to buy Ess Tech stock.

What is GWH's earnings growth forecast for 2024-2026?

(NYSE: GWH) Ess Tech's forecast annual earnings growth rate of N/A is not forecast to beat the US Electrical Equipment & Parts industry's average forecast earnings growth rate of 33.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.33%.

Ess Tech's earnings in 2024 is -$78,873,000.On average, 3 Wall Street analysts forecast GWH's earnings for 2024 to be -$79,838,634, with the lowest GWH earnings forecast at -$82,663,192, and the highest GWH earnings forecast at -$76,169,203. On average, 3 Wall Street analysts forecast GWH's earnings for 2025 to be -$48,633,026, with the lowest GWH earnings forecast at -$67,708,599, and the highest GWH earnings forecast at -$21,745,654.

In 2026, GWH is forecast to generate -$32,124,153 in earnings, with the lowest earnings forecast at -$39,214,663 and the highest earnings forecast at -$19,012,594.

What is GWH's revenue growth forecast for 2024-2026?

(NYSE: GWH) Ess Tech's forecast annual revenue growth rate of 178.15% is forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 15.64%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.87%.

Ess Tech's revenue in 2024 is $6,241,000.On average, 3 Wall Street analysts forecast GWH's revenue for 2024 to be $114,717,237, with the lowest GWH revenue forecast at $106,945,839, and the highest GWH revenue forecast at $119,565,448. On average, 3 Wall Street analysts forecast GWH's revenue for 2025 to be $552,779,276, with the lowest GWH revenue forecast at $513,340,027, and the highest GWH revenue forecast at $586,514,747.

In 2026, GWH is forecast to generate $1,716,944,148 in revenue, with the lowest revenue forecast at $1,366,530,165 and the highest revenue forecast at $2,006,648,543.

What is GWH's forecast return on assets (ROA) for 2024-2027?

(NYSE: GWH) forecast ROA is -13.27%, which is lower than the forecast US Electrical Equipment & Parts industry average of 18.2%.

What is GWH's Price Target?

According to 4 Wall Street analysts that have issued a 1 year GWH price target, the average GWH price target is $2.98, with the highest GWH stock price forecast at $8.00 and the lowest GWH stock price forecast at $0.90.

On average, Wall Street analysts predict that Ess Tech's share price could fall to $2.98 by Nov 14, 2025. The average Ess Tech stock price prediction forecasts a potential downside of 45.31% from the current GWH share price of $5.44.

What is GWH's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: GWH) Ess Tech's current Earnings Per Share (EPS) is -$6.40. On average, analysts forecast that GWH's EPS will be -$6.72 for 2024, with the lowest EPS forecast at -$6.96, and the highest EPS forecast at -$6.41. On average, analysts forecast that GWH's EPS will be -$4.09 for 2025, with the lowest EPS forecast at -$5.70, and the highest EPS forecast at -$1.83. In 2026, GWH's EPS is forecast to hit -$2.70 (min: -$3.30, max: -$1.60).

What is GWH's forecast return on equity (ROE) for 2024-2027?

(NYSE: GWH) forecast ROE is -26.08%, which is considered weak.
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