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ESS Tech ( (GWH) ) has shared an update.
On January 23, 2026, ESS Tech’s board of directors expanded its size from seven to eight members and elected Chief Executive Officer Drew Buckley as a Class I director, with a term running until the company’s 2028 annual meeting of stockholders unless he departs earlier. Buckley’s appointment involved no special arrangements, family relationships, or related‑party transactions, and he will not receive additional compensation for his board service beyond his CEO pay, underscoring a straightforward governance change that consolidates leadership without altering the company’s compensation or conflict‑of‑interest profile.
The most recent analyst rating on (GWH) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on ESS Tech stock, see the GWH Stock Forecast page.
Spark’s Take on GWH Stock
According to Spark, TipRanks’ AI Analyst, GWH is a Neutral.
Overall score is dragged down primarily by very weak financial performance (losses, negative cash flows, and negative equity) and bearish technicals (below key moving averages with negative MACD). The earnings call provides some offset via strategic progress and financing actions, but sharp revenue decline and ongoing losses keep risk elevated; valuation is also constrained by negative earnings and no dividend support.
To see Spark’s full report on GWH stock, click here.
More about ESS Tech
Average Trading Volume: 524,873
Technical Sentiment Signal: Sell
Current Market Cap: $33.15M
Learn more about GWH stock on TipRanks’ Stock Analysis page.