ESS Tech (GWH)

• Market cap: $24.2M
• 1 day: -8.26%
• 5 days: -20.00%
• 1 month: -41.18%
• 3 months: -63.17%
• 6 months: -74.62%
• Year to date: -67.05%
• 1 year: -80.81%
• 5 years: -98.68%
• 10 years: -98.68%
• Sector: Industrials
• Industry: Electrical Equipment & Parts

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: 240

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

12% more funds holding

Funds holding: 49 [Q3] → 55 (+6) [Q4]

1.73% more ownership

Funds ownership: 27.54% [Q3] → 29.27% (+1.73%) [Q4]

1% less capital invested

Capital invested by funds: $20.7M [Q3] → $20.4M (-$213K) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

Research analyst outlook

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

• Low target: $3 50% upside
• Avg. target: $3 50% upside
• High target: $3 50% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Canaccord Genuity George Gianarikas 30% 1-year accuracy 16 / 54 met price target	50% upside $3	Hold Maintained	1 Apr 2025
Roth MKM Justin Clare 36% 1-year accuracy 9 / 25 met price target	50% upside $3	Neutral Downgraded	4 Mar 2025