Gore Street Energy Storage (GSF) AI Stock Analysis

• Market Cap: £273.76M
• Dividend Yield: 8.18%
• Average Volume (3M): 1.19M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: -9.72%
• EPS Growth: -25.25%
• Country: UK
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.11
• Shares Outstanding: 505,099,500
• 10 Day Avg. Volume: 1,492,632
• 30 Day Avg. Volume: 1,194,041
• PEG Ratio: -0.23
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 35.61
• P/FCF Ratio: 35.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £50.00
• Price Target Upside: -9.09% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: 60.00p ▲(9.09% Upside)

The score is driven primarily by strong solvency and solid recent cash generation, supported by shareholder-friendly corporate actions (cost savings, strategic initiatives, director buying). These positives are materially offset by weak technicals (downtrend/negative momentum) and volatile operating results, while the high dividend yield helps but is tempered by loss-making implied by the negative P/E.

Positive Factors

Balance Sheet Strength

A strong balance sheet with no debt provides financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Capacity Expansion

Significant capacity expansion enhances the company's ability to generate revenue and strengthens its market position in the energy storage sector, supporting long-term growth.

Strategic Restructuring

The strategic restructuring streamlines operations and enhances market positioning, potentially improving management efficiency and aligning with regulatory standards.

Negative Factors

Revenue Fluctuations

Inconsistent revenue growth poses a challenge to financial stability and long-term profitability, indicating potential issues in demand or operational execution.

Profitability Challenges

Negative profitability margins indicate operational inefficiencies or increased costs, which can hinder the company's ability to generate sustainable profits.

Cash Flow Volatility

Volatile cash flow can limit the company's ability to fund strategic investments and operations, impacting long-term financial health and growth potential.

Gore Street Energy Storage Business Overview & Revenue Model

Company Description

Gore Street Energy Storage Fund (GSF) is a leading investment company focused on the energy storage sector, primarily in the UK and Ireland. The company specializes in acquiring, developing, and managing a diverse portfolio of energy storage assets, which are pivotal in supporting the integration of renewable energy and enhancing grid stability. By leveraging its expertise in energy storage technology, GSF aims to deliver sustainable returns for its investors while contributing to the global transition towards cleaner energy sources.

How the Company Makes Money

Gore Street Energy Storage Fund makes money primarily through the operation and management of energy storage assets that provide grid balancing services and energy arbitrage. These assets generate revenue by storing excess energy during periods of low demand and releasing it back into the grid when demand is high, thereby capitalizing on the price differences. The company also benefits from various government incentives and contracts for providing frequency response and other ancillary services to electricity grids. Additionally, GSF forms strategic partnerships with renewable energy developers and utilities, further enhancing its revenue streams and market presence.

Gore Street Energy Storage Financial Statement Overview

Summary

Strong balance-sheet quality (no debt, solid equity base) and generally positive operating/free cash flow in recent years support resilience. Offsetting this, earnings and revenue have been highly volatile, including a loss year and sharp revenue contraction, reducing overall predictability.

Income Statement

Profitability is strong in several years, with very high gross and net margins in 2020–2023 and a return to solid profitability in 2025 (net margin ~75%). However, results are volatile: 2024 swung to a meaningful net loss with negative margins, and revenue has been highly inconsistent—most notably a sharp decline in 2025 versus 2024 and a steep drop in 2024 versus 2023. Overall, earnings power looks favorable when conditions are supportive, but the revenue and profit trajectory lacks stability.

Balance Sheet

The balance sheet is a clear strength: total debt is consistently zero and equity is substantial relative to assets, indicating very low financial leverage and strong solvency. Equity has generally grown over the period (despite some year-to-year fluctuation), supporting balance-sheet resilience. The main weakness is returns can be uneven—return on equity was strong in 2021–2023, turned negative in 2024, and is low in 2025—suggesting profitability is not consistently converting into attractive shareholder returns.

Cash Flow

Cash generation is generally healthy in the most recent years, with operating cash flow and free cash flow positive in 2022–2025 and particularly strong in 2024–2025. Cash flow has also tracked net income closely (free cash flow roughly in line with net income), which is a quality signal. Offsetting this, cash flow was negative in 2020 and 2021, and free cash flow growth is volatile (down sharply in 2025 after a strong 2024), indicating variability in cash conversion and underlying operating consistency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-17.46M	8.26M	2.27M	65.91M	44.36M	15.81M
Gross Profit	1.61M	8.25M	-3.28M	58.47M	41.20M	14.60M
EBITDA	0.00	6.18M	28.40M	0.00	0.00	0.00
Net Income	-25.18M	6.18M	-5.66M	63.41M	42.53M	14.59M
Balance Sheet
Total Assets	509.33M	519.96M	542.85M	559.31M	378.86M	146.21M
Cash, Cash Equivalents and Short-Term Investments	19.10M	9.60M	60.67M	99.20M	198.05M	60.15M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.77M	666.94K	2.15M	3.05M	2.38M	1.08M
Stockholders Equity	507.56M	519.29M	540.70M	556.26M	376.48M	145.13M
Cash Flow
Free Cash Flow	13.93M	8.28M	23.81M	2.46M	5.61M	-1.65M
Operating Cash Flow	13.93M	8.28M	23.81M	2.46M	5.61M	-1.65M
Investing Cash Flow	-56.68M	-31.77M	-66.17M	-193.17M	-56.54M	-34.08M
Financing Cash Flow	-21.31M	-27.59M	-20.68M	116.37M	188.82M	80.85M

Gore Street Energy Storage Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 55.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GSF, the sentiment is Neutral. The current price of 55 is above the 20-day moving average (MA) of 53.84, below the 50-day MA of 56.77, and below the 200-day MA of 57.77, indicating a neutral trend. The MACD of -0.57 indicates Negative momentum. The RSI at 47.09 is Neutral, neither overbought nor oversold. The STOCH value of 47.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:GSF.

Gore Street Energy Storage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSG	73 Outperform	£482.08M	14.84	―	5.73%	―	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GSF	65 Neutral	£273.76M	-8.54	-6.66%	8.18%	-9.72%	-25.25%
IPX	62 Neutral	£196.69M	10.38	16.48%	17.93%	-16.53%	-44.15%
EGT	45 Neutral	£9.04M	-7.27	-22.43%	―	―	―
RNEW	44 Neutral	$29.69M	-0.88	-47.36%	3.45%	―	―

Gore Street Energy Storage Corporate Events

Gore Street Director Increases Holding in Listed Energy Storage Fund

Gore Street Energy Storage Fund plc reported that non-executive director Simon Merriweather has increased his stake in the company through on-market purchases of 20,000 ordinary shares over two days at prices of 54.2p and 55.0p per share, leaving him with a total beneficial interest representing around 0.004% of the issued share capital. The director’s share purchase, disclosed under market abuse regulations, may be interpreted by investors as a modest vote of confidence in the fund’s strategy and prospects within the growing utility-scale energy storage sector.

The most recent analyst rating on (GB:GSF) stock is a Sell with a £50.00 price target. To see the full list of analyst forecasts on Gore Street Energy Storage stock, see the GB:GSF Stock Forecast page.

Gore Street Energy Storage Director Increases Stake with £109,000 Share Purchase

Gore Street Energy Storage Fund plc announced that non-executive director Angus Gordon Lennox has purchased 200,000 ordinary shares in the company at an average price of 54.525 pence per share, giving him a beneficial interest of approximately 0.004% of the company’s issued share capital. The director’s share purchase, conducted on the London Stock Exchange, signals personal financial commitment to the fund and may be viewed by investors as a vote of confidence in the company’s strategy and long-term prospects in the utility-scale energy storage sector.

The most recent analyst rating on (GB:GSF) stock is a Sell with a £50.00 price target. To see the full list of analyst forecasts on Gore Street Energy Storage stock, see the GB:GSF Stock Forecast page.

Gore Street Energy Storage Fund Reports NAV Decline Amid Operational Expansion

Gore Street Energy Storage Fund PLC reported a decline in its Net Asset Value (NAV) per share to 90.1 pence, attributed to adjustments in third-party revenue forecasts for the UK and US markets. Despite the challenges, the company increased its operational capacity to 643.1 MW and declared dividends supported by operational cash flow. The company is actively pursuing strategies to optimize revenue, reduce costs, and enhance shareholder value, including asset augmentation and leveraging its GSET trading platform. The market outlook remains positive with increasing demand for energy storage solutions driven by renewable integration and regulatory support.

The most recent analyst rating on (GB:GSF) stock is a Hold with a £0.62 price target. To see the full list of analyst forecasts on Gore Street Energy Storage stock, see the GB:GSF Stock Forecast page.

Gore Street Energy Storage Fund to Announce Interim Results

Gore Street Energy Storage Fund plc announced it will release its interim results for the six-month period ending 30 September 2025 on 15 December 2025. The company will host virtual presentations for analysts and investors, providing an opportunity for stakeholders to engage and ask questions, reflecting its commitment to transparency and investor relations.

The most recent analyst rating on (GB:GSF) stock is a Hold with a £0.62 price target. To see the full list of analyst forecasts on Gore Street Energy Storage stock, see the GB:GSF Stock Forecast page.

Gore Street Energy Storage Fund Appoints New Chair to Lead Next Growth Phase

Gore Street Energy Storage Fund PLC has announced the appointment of Angus Gordon Lennox as the new Chair of the Company, effective January 19, 2026. This leadership change is part of a broader Board refreshment strategy aimed at guiding the company through its next phase of growth. Angus brings a wealth of experience from his previous roles in investment trusts and corporate brokerage, and his immediate focus will be on enhancing asset returns and strengthening company performance to deliver sustainable shareholder value. The current Chair, Pat Cox, will remain as a Non-Executive Director to ensure continuity until his retirement in March 2026.

The most recent analyst rating on (GB:GSF) stock is a Hold with a £0.62 price target. To see the full list of analyst forecasts on Gore Street Energy Storage stock, see the GB:GSF Stock Forecast page.

Gore Street Energy Storage Fund Announces Board Changes and Strategic Asset Sale

Gore Street Energy Storage Fund plc has announced significant changes to its Board of Directors as part of its ongoing Board refreshment process. The company has appointed Angus Gordon Lennox and Norman Crighton as new Non-Executive Directors, bringing extensive experience in investment companies and closed-end funds. These appointments aim to enhance the Board’s skills and independence, aligning with corporate governance standards. Additionally, the company has engaged Alexa Capital Limited to advise on the sale of selected pre-construction assets and its operational asset in Germany, reflecting its strategic focus on optimizing shareholder value.

The most recent analyst rating on (GB:GSF) stock is a Hold with a £0.62 price target. To see the full list of analyst forecasts on Gore Street Energy Storage stock, see the GB:GSF Stock Forecast page.