Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
ESS Tech ( (GWH) ) just unveiled an update.
On July 9, 2025, ESS Tech, Inc. entered into a Standby Equity Purchase Agreement with YA II PN, LTD, allowing the company to sell up to $25 million of its common stock over a three-year term. This agreement is part of a broader $31 million insider-led funding package aimed at supporting ESS’s strategic shift and strengthening its cash position. Additionally, ESS secured its first Energy Base order for an 8 MWh project, marking significant progress in its strategic pivot to long-duration energy storage solutions. The company also announced a sale and leaseback agreement for its stack assembly line and various financial measures to improve its cash flow and operational efficiency. Despite these efforts, ESS faces challenges with its NYSE listing due to not meeting the minimum market capitalization standards, which could lead to delisting if not addressed.
The most recent analyst rating on (GWH) stock is a Hold with a $13.50 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 Underperform.
ESS Tech’s overall stock score is low due to severe financial challenges, negative profitability, and critical financing issues. While there are some strategic initiatives and technical momentum, these are overshadowed by the company’s unstable financial condition and uncertain future.
To see Spark’s full report on GWH stock, click here.
More about ESS Tech
ESS Tech, Inc. is a leading manufacturer in the energy storage industry, specializing in iron flow long-duration energy storage systems for commercial and utility-scale applications. The company’s technology utilizes earth-abundant materials like iron, salt, and water to deliver environmentally safe solutions capable of providing over 10 hours of flexible energy capacity.
Average Trading Volume: 864,477
Technical Sentiment Signal: Sell
Current Market Cap: $20.7M
For a thorough assessment of GWH stock, go to TipRanks’ Stock Analysis page.