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ESS Tech Inc (GWH) is not a strong buy at the moment for a beginner investor with a long-term focus. The stock shows weak financial performance, neutral trading sentiment, and lacks strong positive signals from technical or proprietary trading indicators. While there are some positive developments in the company's strategy, the financials and technical trends suggest a wait-and-see approach is more prudent.
The MACD is positive and expanding, suggesting slight bullish momentum. However, the RSI is neutral at 54.329, and the moving averages indicate a bearish trend (SMA_200 > SMA_20 > SMA_5). The stock price is trading near its pivot level of 1.508, with resistance at 1.611 and support at 1.405. Overall, the technical indicators do not strongly support a buy decision.

ESS Tech recently appointed a new Chief Commercial Officer to enhance its global commercial strategy. Additionally, the acquisition of VoltStorage GmbH's intellectual property and assets strengthens its technology portfolio and positions the company to deliver lower-cost long-duration energy storage solutions.
The company's financial performance in Q3 2025 was weak, with revenue dropping by 40.39% YoY, net income declining by 53.87% YoY, and EPS falling by 61.58% YoY. Gross margin also deteriorated significantly. Furthermore, there is no recent insider or hedge fund activity to indicate strong confidence in the stock.
In Q3 2025, ESS Tech reported a significant decline in revenue (-40.39% YoY), net income (-53.87% YoY), and EPS (-61.58% YoY). Gross margin also dropped by 35.98%. These figures indicate a challenging financial environment for the company.
No recent analyst rating or price target changes are available for ESS Tech. There is limited Wall Street coverage, making it difficult to gauge professional sentiment on the stock.