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ESS Tech (GWH) Competitors

ESS Tech logo
$6.00 +0.81 (+15.61%)
(As of 11/22/2024 ET)

GWH vs. NVX, AMPX, SLDP, MVST, NEOV, GAUZ, SCWO, ULBI, SES, and SKYX

Should you be buying ESS Tech stock or one of its competitors? The main competitors of ESS Tech include NOVONIX (NVX), Amprius Technologies (AMPX), Solid Power (SLDP), Microvast (MVST), NeoVolta (NEOV), Gauzy (GAUZ), 374Water (SCWO), Ultralife (ULBI), SES AI (SES), and SKYX Platforms (SKYX). These companies are all part of the "electrical equipment" industry.

ESS Tech vs.

NOVONIX (NASDAQ:NVX) and ESS Tech (NYSE:GWH) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, community ranking, media sentiment, earnings, analyst recommendations, risk, profitability and valuation.

NOVONIX presently has a consensus price target of $4.00, indicating a potential upside of 107.25%. ESS Tech has a consensus price target of $14.58, indicating a potential upside of 143.06%. Given ESS Tech's higher probable upside, analysts plainly believe ESS Tech is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
ESS Tech
2 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.22

NOVONIX has a beta of 2.97, meaning that its share price is 197% more volatile than the S&P 500. Comparatively, ESS Tech has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.

NOVONIX has higher revenue and earnings than ESS Tech.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$8.06M29.56-$46.25MN/AN/A
ESS Tech$7.54M9.38-$77.58M-$6.55-0.92

ESS Tech received 14 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 34.88% of users gave ESS Tech an outperform vote.

CompanyUnderperformOutperform
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes
ESS TechOutperform Votes
15
34.88%
Underperform Votes
28
65.12%

0.1% of NOVONIX shares are held by institutional investors. Comparatively, 46.8% of ESS Tech shares are held by institutional investors. 23.7% of NOVONIX shares are held by insiders. Comparatively, 2.3% of ESS Tech shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, ESS Tech had 3 more articles in the media than NOVONIX. MarketBeat recorded 3 mentions for ESS Tech and 0 mentions for NOVONIX. NOVONIX's average media sentiment score of 0.00 beat ESS Tech's score of -0.05 indicating that NOVONIX is being referred to more favorably in the media.

Company Overall Sentiment
NOVONIX Neutral
ESS Tech Neutral

NOVONIX has a net margin of 0.00% compared to ESS Tech's net margin of -1,263.79%. NOVONIX's return on equity of 0.00% beat ESS Tech's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
ESS Tech -1,263.79%-101.96%-66.46%

Summary

NOVONIX beats ESS Tech on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GWH vs. The Competition

MetricESS Techelectrical machinery, equipment, & supplies IndustryComputer SectorNYSE Exchange
Market Cap$70.74M$992.03M$24.49B$20.14B
Dividend YieldN/A1.90%2.74%3.50%
P/E Ratio-0.9220.04246.5444.57
Price / Sales9.3813.453,315.0417.74
Price / CashN/A9.2834.0021.28
Price / Book1.444.827.124.71
Net Income-$77.58M-$64.65M$673.84M$986.85M
7 Day Performance15.16%4.21%4.96%3.76%
1 Month Performance-19.14%13.42%6.00%4.65%
1 Year Performance-65.52%7.14%21.58%27.72%

ESS Tech Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GWH
ESS Tech
2.0819 of 5 stars
$6.00
+15.6%
$14.58
+143.1%
-65.2%$70.74M$7.54M-0.92231
NVX
NOVONIX
1.7818 of 5 stars
$1.92
-2.5%
$4.00
+108.3%
-1.5%$237.01M$8.06M0.00N/A
AMPX
Amprius Technologies
2.6684 of 5 stars
$1.97
+2.1%
$8.17
+314.4%
-52.3%$208.59M$9.05M0.0080
SLDP
Solid Power
1.159 of 5 stars
$1.08
+1.9%
$2.75
+155.2%
-21.4%$194.41M$17.41M-2.20240
MVST
Microvast
1.9872 of 5 stars
$0.59
+1.7%
$4.50
+657.7%
-30.5%$192.32M$306.62M-1.562,006Gap Up
NEOV
NeoVolta
1.5378 of 5 stars
$5.49
+8.3%
$7.50
+36.6%
+222.2%$183.15M$2.64M-61.005High Trading Volume
GAUZ
Gauzy
2.6647 of 5 stars
$8.03
+5.2%
$16.25
+102.4%
N/A$152.97M$77.98M0.00N/A
SCWO
374Water
2.111 of 5 stars
$1.02
+1.0%
$3.00
+194.1%
-12.2%$135.83M$740,000.00-12.6320Insider Trade
High Trading Volume
ULBI
Ultralife
3.8886 of 5 stars
$7.32
+1.9%
$14.00
+91.3%
+4.5%$121.73M$158.64M13.31560
SES
SES AI
2.1271 of 5 stars
$0.30
-3.2%
$1.25
+316.7%
-86.7%$108.17MN/A-1.30130Insider Trade
Gap Down
High Trading Volume
SKYX
SKYX Platforms
2.6981 of 5 stars
$0.98
+1.0%
$4.00
+309.8%
-35.9%$100.06M$58.79M-2.4060Gap Up

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This page (NYSE:GWH) was last updated on 11/23/2024 by MarketBeat.com Staff
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