Sidoti Issues Negative Outlook for ESS Tech Earnings

ESS Tech, Inc. (NYSE:GWH) – Sidoti dropped their Q3 2026 earnings estimates for ESS Tech in a research report issued to clients and investors on Monday, August 24th. Sidoti analyst A. Hantman now expects that the company will post earnings of ($0.33) per share for the quarter, down from their prior estimate of ($0.31). The consensus estimate for ESS Tech’s current full-year earnings is ($1.55) per share. Sidoti also issued estimates for ESS Tech’s Q4 2026 earnings at ($0.21) EPS, FY2026 earnings at ($1.42) EPS, Q1 2027 earnings at ($0.13) EPS, Q2 2027 earnings at ($0.10) EPS, Q3 2027 earnings at ($0.08) EPS, Q4 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.35) EPS.

ESS Tech (NYSE:GWH) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.02). The company had revenue of $0.07 million during the quarter, compared to analyst estimates of $0.10 million.

Several other research firms have also issued reports on GWH. Weiss Ratings reissued a “sell (e+)” rating on shares of ESS Tech in a report on Friday, July 31st. Roth Capital reissued a “buy” rating and issued a $2.00 target price on shares of ESS Tech in a report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $2.00.

ESS Tech Price Performance

ESS Tech stock opened at $0.37 on Wednesday. The firm has a market cap of $12.26 million, a PE ratio of -0.13 and a beta of 1.41. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.68 and a quick ratio of 0.67. The stock’s fifty day moving average price is $0.75 and its two-hundred day moving average price is $1.02. ESS Tech has a one year low of $0.34 and a one year high of $13.87.

Insider Activity at ESS Tech

In other ESS Tech news, CEO Drew P. Buckley acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was acquired at an average cost of $1.03 per share, for a total transaction of $25,750.00. Following the transaction, the chief executive officer directly owned 25,000 shares in the company, valued at $25,750. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GWH. LPL Financial LLC acquired a new stake in shares of ESS Tech during the fourth quarter valued at about $27,000. Engineers Gate Manager LP bought a new stake in ESS Tech during the 4th quarter worth approximately $31,000. Citadel Advisors LLC acquired a new position in ESS Tech in the 3rd quarter valued at approximately $30,000. XTX Topco Ltd increased its position in ESS Tech by 137.8% in the 4th quarter. XTX Topco Ltd now owns 49,609 shares of the company’s stock valued at $93,000 after acquiring an additional 28,749 shares during the period. Finally, State Street Corp raised its stake in shares of ESS Tech by 188.1% during the fourth quarter. State Street Corp now owns 46,975 shares of the company’s stock valued at $88,000 after acquiring an additional 30,671 shares during the last quarter. Institutional investors and hedge funds own 46.77% of the company’s stock.

ESS Tech Company Profile

ESS Tech, Inc (NYSE: GWH) is a Portland, Oregon‐based company specializing in long‐duration iron flow battery energy storage solutions. The company’s core business centers on the design, manufacture and deployment of modular battery systems that store electricity using an iron‐chloride electrochemical process. These systems are engineered to support grid operators, utilities, commercial and industrial customers in integrating renewable power, managing peak loads and ensuring reliable back‐up power.

At the heart of ESS Tech’s offering is its “Energy Warehouse,” a containerized flow battery system featuring non‐toxic, fully recyclable materials and a simple architecture that separates energy storage capacity from power output.