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ESS Tech Inc (GWH)

Upturn stock ratingUpturn stock rating
$1.48
Last Close (24-hour delay)
Profit since last BUY-40.56%
upturn advisory
WEAK BUY
BUY since 27 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/28/2025: GWH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $1.82

1 Year Target Price $1.82

Analysts Price Target For last 52 week
$1.82 Target price
52w Low $0.76
Current$1.48
52w High $10.12

Analysis of Past Performance

Type Stock
Historic Profit -71.81%
Avg. Invested days 25
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 21.62M USD
Price to earnings Ratio -
1Y Target Price 1.82
Price to earnings Ratio -
1Y Target Price 1.82
Volume (30-day avg) 3
Beta 1.24
52 Weeks Range 0.76 - 10.12
Updated Date 08/29/2025
52 Weeks Range 0.76 - 10.12
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -6.26

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date 2025-08-14
When -
Estimate -0.88
Actual -0.9

Profitability

Profit Margin -
Operating Margin (TTM) -490.12%

Management Effectiveness

Return on Assets (TTM) -63.75%
Return on Equity (TTM) -207.48%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 21260701
Price to Sales(TTM) 3.51
Enterprise Value 21260701
Price to Sales(TTM) 3.51
Enterprise Value to Revenue 3.45
Enterprise Value to EBITDA -0.15
Shares Outstanding 14314700
Shares Floating 9064073
Shares Outstanding 14314700
Shares Floating 9064073
Percent Insiders 29.97
Percent Institutions 13.66

ai summary icon Upturn AI SWOT

ESS Tech Inc

stock logo

Company Overview

overview logo History and Background

ESS Tech Inc. was founded in 2011 and is focused on developing and manufacturing long-duration iron flow batteries for commercial and utility-scale energy storage applications. It aims to provide sustainable energy storage solutions.

business area logo Core Business Areas

  • Long-Duration Energy Storage Solutions: ESS Tech Inc. designs, manufactures, and deploys iron flow battery systems capable of storing and discharging energy for multiple hours, catering to grid-scale energy storage needs.

leadership logo Leadership and Structure

The leadership team consists of experienced individuals in energy storage, technology, and manufacturing. The organizational structure is designed to support innovation, manufacturing, and commercialization efforts.

Top Products and Market Share

overview logo Key Offerings

  • Energy Warehouse: ESS's Energy Warehouse (EW) is a long-duration iron flow battery designed for commercial and industrial applications. It does not have any market share data as it is still emerging. Key competitors include: Form Energy, Malta Inc. and Hydrostor.
  • Energy Center: ESS's Energy Center (EC) is a grid-scale long-duration energy storage system. It does not have any market share data as it is still emerging. Key competitors include: Form Energy, Malta Inc. and Hydrostor.

Market Dynamics

industry overview logo Industry Overview

The energy storage market is experiencing rapid growth due to the increasing demand for renewable energy integration, grid stabilization, and peak shaving. Long-duration energy storage is becoming increasingly important.

Positioning

ESS Tech Inc. is positioned as a provider of safe and environmentally friendly long-duration energy storage solutions based on iron flow battery technology. They aim to address a specific niche within the energy storage market.

Total Addressable Market (TAM)

The TAM for long-duration energy storage is projected to be in the tens of billions of dollars by the end of the decade. ESS Tech Inc. is positioned to capture a portion of this market through its iron flow technology.

Upturn SWOT Analysis

Strengths

  • Environmentally friendly iron flow battery technology
  • Long duration energy storage capabilities
  • Safe and non-flammable battery chemistry
  • Scalable and modular system design

Weaknesses

  • Relatively high initial capital costs compared to other storage technologies
  • Limited track record of large-scale deployments
  • Limited manufacturing capacity
  • Not yet profitable

Opportunities

  • Growing demand for long-duration energy storage
  • Increasing adoption of renewable energy
  • Government incentives and subsidies for energy storage
  • Partnerships with utilities and energy developers

Threats

  • Competition from other energy storage technologies (e.g., lithium-ion, pumped hydro)
  • Fluctuations in raw material prices (e.g., iron)
  • Changes in government regulations and policies
  • Economic downturns that could affect project financing

Competitors and Market Share

competitor logo Key Competitors

  • LAC
  • ALB
  • VALE

Competitive Landscape

ESS Tech Inc. differentiates itself through its iron flow battery technology, emphasizing safety and sustainability. However, it faces competition from more established energy storage companies with greater financial resources.

Growth Trajectory and Initiatives

Historical Growth: ESS Tech Inc. has experienced strong revenue growth but from a small base.

Future Projections: Analyst estimates project significant revenue growth for ESS Tech Inc. over the next few years as its technology is deployed.

Recent Initiatives: Recent strategic initiatives include securing partnerships with utilities and expanding manufacturing capacity.

Summary

ESS Tech Inc. is a promising company in the long-duration energy storage market with innovative iron flow battery technology. Its strength lies in its environmentally friendly solution, however it is an early stage company with negative profit margins that could require additional funding. Investors should monitor the growth in manufacturing capacity and deployment to asses if it can compete with bigger companies. If there are additional incentives, then the company could do very well.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, press releases, analyst reports, industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made after thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ESS Tech Inc

Exchange NYSE
Headquaters Wilsonville, OR, United States
IPO Launch date 2021-01-04
Interim CEO & Corporate Secretary Ms. Kelly F. Goodman J.D.
Sector Industrials
Industry Electrical Equipment & Parts
Full time employees 240
Full time employees 240

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; Energy Center, which is designed to allow customers to connect multiple units in various configurations and supporting energy storage projects ranging from sub-megawatt to tens-of-megawatt scale; and Energy Base, a gigawatt-scale storage product. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.