Is ESS Tech, Inc. (GWH) Still a Buy After Softer Q1 Results and Lower Price Target?

TheFly reported connected May 18 that Roth Capital reduced its terms people connected GWH from $2.50 to $2 portion maintaining a Buy rating. The accommodation followed the company’s softer first-quarter results arsenic GWH continues shifting toward commercialization of its Energy Base platform, though absorption pointed to ongoing strategical developments involving Project New Horizon alongside SRP and Google.

Moreover, the company’s increasing commercialized momentum was further reflected successful a important infrastructure accomplishment announced connected May 5, 2026. ESS Tech, Inc. (NYSE:GWH) revealed that it had completed the commissioning of 2 robust travel artillery systems for Turlock Irrigation District successful California’s Central Valley. The installation combines ESS’s long-duration vigor retention exertion with star panels positioned supra irrigation canals, creating a dual-purpose strategy aimed astatine producing renewable energy portion limiting h2o evaporation. The task highlights the expanding relation of long-duration retention successful supporting inferior and infrastructure operations that necessitate dependable and flexible vigor delivery.

GWH stated that the deployment demonstrates however its robust travel artillery systems tin amended renewable vigor absorption portion contributing to broader conservation efforts. The inaugural besides reflects expanding involvement among utilities and h2o agencies successful integrated vigor and h2o solutions. GWH’s exertion relies connected iron, salt, and h2o materials designed for harmless stationary vigor retention applications.

ESS Tech, Inc. (NYSE:GWH) is simply a clean-energy institution that develops long-duration robust travel batteries for commercialized and utility-scale vigor storage.

While we admit the imaginable of GWH arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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