ESS Tech (GWH)

• Market cap: $61.8M
• 1 day: -28.92%
• 5 days: -37.90%
• 1 month: -33.97%
• 3 months: -40.18%
• 6 months: -55.55%
• Year to date: -70.31%
• 1 year: -72.43%
• 5 years: -96.67%
• 10 years: -96.67%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

About: ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.

Employees: 231

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

22.66% less ownership

Funds ownership: 50.2% [Q2] → 27.54% (-22.66%) [Q3]

52% less funds holding

Funds holding: 99 [Q2] → 48 (-51) [Q3]

71% less capital invested

Capital invested by funds: $71.8M [Q2] → $20.7M (-$51.2M) [Q3]

85% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 60

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 39

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $8 54% upside
• Avg. target: $8 54% upside
• High target: $8 54% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Canaccord Genuity George Gianarikas 55% 1-year accuracy 24 / 44 met price target

54% upside $8

Hold Maintained

14 Nov 2024