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ESS Tech, Inc. (GWH)

NYSE - NYSE Delayed Price. Currency in USD
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5.37-0.15 (-2.72%)
At close: 04:00PM EDT
5.44 +0.07 (+1.30%)
After hours: 06:04PM EDT
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  • D
    Dung
    Several hedge funds and other institutional investors have recently made changes to their positions in GWH. Softbank Group Corp purchased a new position in shares of ESS Tech in the fourth quarter valued at $411,310,000. Invesco Ltd. purchased a new position in shares of ESS Tech in the fourth quarter valued at $18,306,000. Marshall Wace LLP purchased a new position in ESS Tech during the third quarter worth about $8,778,000. Vanguard Group Inc. grew its position in ESS Tech by 94.8% during the first quarter. Vanguard Group Inc. now owns 1,764,573 shares of the company’s stock worth $9,829,000 after buying an additional 858,910 shares in the last quarter. Finally, BlackRock Inc. purchased a new position in ESS Tech during the fourth quarter worth about $7,802,000. Institutional investors own 44.12% of the company’s stock.

    https://www.defenseworld.net/2022/05/16/oppenheimer-analysts-lower-earnings-estimates-for-ess-tech-inc-nysegwh.html
  • M
    Mike S
    They are almost profitable and it hasn't even been a year since the spac merger. when you compare that with other Hope's and dreams stocks, GWH is looking pretty strong. That was a big beat on EPS, volume is heavy for the day. They deserve to be up 19% for the day right now.
  • D
    Dave
    We have a very good understanding of the flow battery market/
    Many are missng the point. VRB *(Vanadium Flow Batteries) are hampered by the cost of electrolyte. That cost is already reaching unsustainable levels in my opinion.
    It doesn't get better than ESS iron, salt and water. All I am waiting for is some real life comparison on IFB (iron flow battery), VRFB (Vanadium Redox Flow Battery_ and ZBFB (Zinc Bromide Flow Batteries).

    If IFB stacks up againt the opposition then this stock could be quite amazing. At scale the price of IFB could be remarkable against all others.

    Shurtages of lithium are going to hamper lithium batteries for static storage as supplies will be made available for electric vehicles first. That means all that future demand is likely to push more and more to flow batteries.

    Just show that performance comparison and I;ll be all in on our limited position right now.
  • E
    Erik
    Investors understanding right now is sell furiously and don't look back. I see this stock being bashed down to $2
  • D
    Dung
    Can't wait until 2026 earnings!!!
  • T
    TBone
    This company is the "holy grail" for large corporations to migrate to solar power. Amazon (for example) has huge warehouses all over the country with HUGE flat roofs. The problem with incorporating solar is the need for STORAGE. Those huge flat roofs could handle a lot of solar collectors..". They could also handle the necessary power storage units to limit their on line demands on the system. Get on it, ESS? You have a sales force or do you not?
  • D
    Dung
    The Long Duration Energy Storage Council - https://www.ldescouncil.com/

    ESS president is on this, along with Jim Cabot of Bill Gates-founded investment group Breakthrough Energy. Larger investors are still involved.
  • M
    Mike S
    Dung we are gonna rip the cover off the ball with this one.
  • D
    Dung
    This is a 5-10 year hold. No quick bucks here. So, from this perspective, this is good.

    I am experienced in Operations, Automation and Supply Chain management. They are focusing on all the right things.
  • A
    Anonymous
    Price is up after earnings call but on low volume - proceed with caution
  • r
    robert
    Strong consistent buying consisdering the overall market weakness
  • T
    TBone
    My open limit buy order is for $5.22. For everyone else's sake, I hope that it never executes. GLTA.
  • B
    Barbara
    Top of analysis shows Hugh loss next year with sales increase. Read closely before you post N don't try to take advantage of people. Just my opinion in these matters.
  • A
    Anonymous
    Wait until $3 - $3.25 - should level - that is a great entry point. Should be $4.50 by end of next year
  • A
    Anonymous
    Dropping ahead of earnings report - not a good sign
  • D
    Dung
    Renewable electricity generation in 2021 is set to expand by more than 8% to reach 8 300 TWhn
    It was actually 10% globally.

    https://www.bbc.com/news/science-environment-60917445
  • v
    v
    Article lists a bunch of utilities installing battery storage only a matter of time. Just honing buy and forget. https://finance.yahoo.com/news/duke-energy-duk-expands-battery-135901381.html
  • B
    Bob
    Great news about the European Launch of ESS products, Europe have a large established renewables capacity and growing all in need of energy storage for off peak hours.
    https://www.businesswire.com/news/home/20220316005117/en/
  • M
    Mike S
    If we can hold at this level we will be above 6 by the end of the week
  • Y
    Yahoo Finance Insights
    ESS Tech is up 10.39% to 5.95