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Upturn AI SWOT - About
ESS Tech Inc (GWH)
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Upturn Advisory Summary
06/30/2025: GWH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $4.25
1 Year Target Price $4.25
| 0 | Strong Buy |
| 0 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -52.57% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 14.65M USD | Price to earnings Ratio - | 1Y Target Price 4.25 |
Price to earnings Ratio - | 1Y Target Price 4.25 | ||
Volume (30-day avg) 3 | Beta 1.26 | 52 Weeks Range 0.76 - 14.10 | Updated Date 06/29/2025 |
52 Weeks Range 0.76 - 14.10 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -7.25 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -3029.38% |
Management Effectiveness
Return on Assets (TTM) -62.39% | Return on Equity (TTM) -172.05% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 3137537 | Price to Sales(TTM) 3.52 |
Enterprise Value 3137537 | Price to Sales(TTM) 3.52 | ||
Enterprise Value to Revenue 0.75 | Enterprise Value to EBITDA -0.15 | Shares Outstanding 12103800 | Shares Floating 5573172 |
Shares Outstanding 12103800 | Shares Floating 5573172 | ||
Percent Insiders 35.75 | Percent Institutions 28.21 |
Analyst Ratings
Rating 2 | Target Price 4.25 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
ESS Tech Inc
Company Overview
History and Background
ESS Tech Inc. was founded in 2011. The company focuses on developing and deploying long-duration energy storage systems using iron flow battery technology. It went public via SPAC in 2021.
Core Business Areas
- Long-Duration Energy Storage: ESS designs, manufactures, and deploys iron flow battery systems for grid-scale energy storage.
- Energy Management Systems: ESS provides integrated energy management systems to optimize energy storage and grid integration.
Leadership and Structure
The leadership team consists of Craig Evans (CEO), Amir Mohtadi (COO), and Tony Pan (Chief Strategy Officer). The company is structured around engineering, manufacturing, sales, and operations.
Top Products and Market Share
Key Offerings
- Energy Warehouse: A modular, utility-scale energy storage system based on iron flow battery technology. Designed for 4-12 hours of energy storage. Competitors include Form Energy, Energy Vault, and Lockheed Martin (through its GridStar Flow program). No reliable market share data for individual products is publicly available.
- Energy Center: A larger-scale energy storage solution suitable for commercial and industrial applications, providing similar duration to the Energy Warehouse. Competitors are similar to Energy Warehouse.
Market Dynamics
Industry Overview
The energy storage industry is rapidly growing due to the increasing adoption of renewable energy sources and the need for grid stabilization. Long-duration energy storage is a key segment within this market.
Positioning
ESS Tech Inc. is positioned as a provider of long-duration energy storage solutions using environmentally friendly and cost-effective iron flow battery technology. It differentiates itself through the use of readily available materials and long operational life.
Total Addressable Market (TAM)
The long-duration energy storage market is projected to reach tens of billions of dollars over the next decade. ESS is aiming to capture a significant share of this market through its differentiated technology.
Upturn SWOT Analysis
Strengths
- Environmentally friendly iron flow battery technology
- Long operational life (25+ years)
- Scalable and modular design
- Use of readily available materials (iron, salt, water)
Weaknesses
- Relatively new technology compared to lithium-ion
- Limited track record of large-scale deployments
- Manufacturing ramp-up challenges
- High initial capital costs
Opportunities
- Increasing demand for long-duration energy storage
- Government incentives and subsidies for energy storage projects
- Partnerships with utilities and renewable energy developers
- Expansion into new markets and applications
Threats
- Competition from other energy storage technologies (e.g., lithium-ion, pumped hydro)
- Technological advancements by competitors
- Supply chain disruptions and cost increases
- Regulatory changes and uncertainty
Competitors and Market Share
Key Competitors
- QuantumScape (QS)
- Fluence Energy (FLNC)
- Energy Vault Holdings, Inc. (NRGV)
Competitive Landscape
ESS competes with other long-duration energy storage companies and also faces competition from lithium-ion battery providers. Its competitive advantages include environmentally friendly technology and long operational life, but it faces challenges related to cost and scalability.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is limited since the company is relatively new, but revenue growth has been observed, as per their 10K filing.
Future Projections: Analyst projections vary, but generally anticipate significant revenue growth over the next several years. Check the latest market estimates.
Recent Initiatives: Recent initiatives include expanding manufacturing capacity, securing partnerships with utilities, and developing new energy storage solutions.
Summary
ESS Tech Inc. is a growth-oriented company in the long-duration energy storage market with a unique iron flow battery technology. Its strengths lie in its environmentally friendly technology and long operational life. The company faces challenges related to manufacturing scale-up and competition from established battery technologies. Successful execution of its growth strategy is essential for long-term success, and it must manage its cash flow carefully during this period of expansion.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ESS Tech Inc. Investor Relations
- Company SEC Filings (10-K, 10-Q)
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market share data may be estimated and subject to change. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://essinc.com |
Full time employees 240 | Website https://essinc.com | ||
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.
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