TD Cowen analyst Thomas Boyes maintains $ESS Tech (GWH.US)$ with a buy rating, and adjusts the target price from $22.5 to $10.
According to TipRanks data, the analyst has a success rate of 22.2% and a total average return of -16.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $ESS Tech (GWH.US)$'s main analysts recently are as follows:
Concerns have arisen as the company indicates it is considering various financing avenues, prompting a more cautious stance while seeking further clarity on its capital structure and the reliability of its delivery timelines. Nonetheless, the importance of long-duration storage technologies remains clear, and it is believed that the company will establish itself as a long-term frontrunner in this sector.
Market conditions and a slower than anticipated uptake have led to a more negative outlook on ESS Tech's shares. The company's Q3 results fell short of expectations, primarily as a result of project delays that deferred revenue to the following quarter. Increased adoption and installations, along with further financing, are factors to consider before purchasing the company's shares.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
TD Cowen分析師Thomas Boyes維持$ESS Tech (GWH.US)$買入評級，並將目標價從22.5美元下調至10美元。
根據TipRanks數據顯示，該分析師近一年總勝率為22.2%，總平均回報率為-16.6%。
此外，綜合報道，$ESS Tech (GWH.US)$近期主要分析師觀點如下：
該公司表示正在考慮各種融資途徑，這促使人們採取更加謹慎的立場，同時尋求進一步明確其資本結構和交付時間表的可靠性，這引起了人們的擔憂。儘管如此，長期存儲技術的重要性仍然顯而易見，據信該公司將確立自己作爲該領域的長期領跑者的地位。
市場狀況和低於預期的上漲導致ESS Tech的股票前景更加消極。該公司第三季度的業績低於預期，這主要是由於項目延遲導致收入延遲到下一季度。在購買公司股票之前，採用率和安裝量的增加以及進一步的融資是需要考慮的因素。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
