Eos Energy Enterprises Inc

Eos Energy Enterprises Inc Stock Forecast & Price Prediction

Live Eos Energy Enterprises Inc Stock (EOSE) Price
$2.95

8

Ratings

  • Buy 5
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.95

P/E Ratio

-1.60

Volume Traded Today

$5.5M

Dividend

Dividends not available for EOSE

52 Week High/low

3.66/0.61

Eos Energy Enterprises Inc Market Cap

$468.5M

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EOSE Summary

The Eos Energy Enterprises Inc (EOSE) share price is expected to increase by 38.01% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered EOSE. Price targets range from $2 at the low end to $7 at the high end. The current analyst consensus for EOSE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

EOSE Analyst Ratings

EOSE is a stock in Industrials which has been forecasted to be worth $4.07143 as an average. On the higher end, the forecast price is $7 USD by James West from Evercore ISI Group and on the lower end EOSE is forecasted to be $2 by Christopher Souther from B. Riley Securities.

EOSE stock forecast by analyst

These are the latest 20 analyst ratings of EOSE.

Analyst/Firm

Rating

Price Target

Change

Date

Chip Moore
Roth MKM

Buy

$4

Maintains

Nov 7, 2024
Stephen Gengaro
Stifel

Buy

$6

Reinstates

Aug 21, 2024
Chip Moore
Roth MKM

Buy

$4.5

Maintains

Jun 28, 2024
Chip Moore
Roth MKM

Buy

$4.5

Maintains

May 16, 2024
James West
Evercore ISI Group

Outperform

$3

Maintains

May 16, 2024
Thomas Boyes
TD Cowen

Hold

$2.5

Maintains

May 16, 2024
Vincent Anderson
Stifel

Buy

$13

Maintains

May 16, 2024
Vincent Anderson
Stifel

Buy

$13

Maintains

May 15, 2024
Joseph Osha
Guggenheim

Buy

$4

Maintains

Mar 7, 2024
James West
Evercore ISI Group

Outperform

$7

Maintains

Mar 6, 2024
James West
Evercore ISI Group

Outperform

$12

Maintains

Feb 20, 2024
Chip Moore
Roth MKM

Buy

$6

Initiates

Dec 5, 2023
Chip Moore
Roth MKM

Buy

$6

Initiates

Dec 4, 2023
Christopher Souther
B. Riley Securities

Neutral

$2

Maintains

Nov 8, 2023
James West
Evercore ISI Group

Outperform

$17

Maintains

Sep 8, 2023
Tom Curran
Seaport Global

Neutral


Downgrade

Sep 5, 2023
Joseph Osha
Guggenheim

Buy

$10

Upgrade

Sep 1, 2023
Vincent Anderson
Stifel

Buy

$15

Maintains

Sep 1, 2023
Christopher Souther
B. Riley Securities

Neutral

$5

Maintains

Sep 1, 2023
Christopher Souther
B. Riley Securities

Neutral

$4

Downgrade

Jun 30, 2023

EOSE Company Information

What They Do: Develops zinc-based energy storage solutions.

Business Model: The company designs, manufactures, and markets its proprietary zinc-based battery energy storage systems, primarily focusing on utility-scale, microgrid, and commercial applications. It generates revenue through the sale of its battery modules, battery management systems, and associated project management and maintenance services.

Other Information: Eos Energy's flagship product is the Gen 2.3 battery module, which addresses the need for flexibility in managing grid complexities. It also provides alternatives to traditional lithium-ion and lead-acid batteries, catering to a variety of sectors including utilities and renewable energy developers. The company is based in Edison, New Jersey.
EOSE
Eos Energy Enterprises Inc (EOSE)

When did it IPO

2017

Staff Count

420

Country

United States

Sector/Industry

Industrials/Electrical Equipment & Parts

CEO

Mr. Joseph R. Mastrangelo Jr.

Market Cap

$468.5M

Eos Energy Enterprises Inc (EOSE) Financial Data

In 2023, EOSE generated $16.4M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that EOSE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$16.4M

0.00 %
From Previous Year
  • Revenue TTM $15.0M
  • Operating Margin TTM -5,870.5%
  • Gross profit TTM $-73,420,000
  • Return on assets TTM -54.7%
  • Return on equity TTM 207.1%
  • Profit Margin -448.3%
  • Book Value Per Share -2.64%
  • Market capitalisation $468.5M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $16.4M
  • EPS this year (TTM) $-2.46

Eos Energy Enterprises Inc (EOSE) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - A proposed partnership between industry leaders aims to capitalize on the growing demand for renewable energy.

Why It Matters - The partnership indicates strong growth potential in renewable energy, signaling possible investment opportunities and increased market competitiveness in the sector.

News Image

Thu, 14 Nov 2024

Sentiment - NEGATIVE

Source - Seeking Alpha

Summary - Eos Energy Enterprises' Q3/2024 results missed revenue expectations, citing supply chain issues. Full-year forecasts lowered, and a covenant breach was waived by Cerberus Capital Management.

Why It Matters - Eos Energy's Q3 shortfall and cash burn raise concerns about financial health and growth prospects, while covenant breaches suggest increased credit risk, impacting investor confidence.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Eos Energy Enterprises, Inc. (NASDAQ:EOSE) will hold its Q3 2024 earnings conference call on November 6, 2024, at 8:30 AM ET, featuring key company executives and analysts.

Why It Matters - The Q3 2024 earnings call for Eos Energy Enterprises could reveal crucial financial performance insights and strategic direction, influencing investor sentiment and stock valuation.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Eos Energy Enterprises, Inc. (NASDAQ: EOSE) reported its financial results for Q3 2024, focusing on its zinc-based energy storage systems. Further details on performance were not provided.

Why It Matters - Eos Energy's Q3 financial results indicate performance trends that can influence investor sentiment, impacting stock valuation and future growth expectations in the energy sector.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bragar Eagel & Squire is investigating Eos Energy Enterprises (NASDAQ: EOSE) for potential fiduciary duty breaches following a class action filed on August 1, 2023, for stockholders from May 9, 2022, to June 27, 2023.

Why It Matters - Legal investigations and class action complaints can lead to financial liabilities for Eos Energy Enterprises, potentially impacting stock performance and investor confidence.

News Image

Tue, 05 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Eos Energy Enterprises, Inc. (EOSE) reported a quarterly loss of $0.44 per share, missing the Zacks Consensus Estimate of a $0.16 loss, compared to a $0.05 loss per share last year.

Why It Matters - Eos Energy's larger-than-expected quarterly loss signals financial struggles, potentially impacting investor confidence and stock performance.

...

EOSE Frequently asked questions

The highest forecasted price for EOSE is $7 from James West at Evercore ISI Group.

The lowest forecasted price for EOSE is $2 from Christopher Souther from B. Riley Securities

The EOSE analyst ratings consensus are 5 buy ratings, 3 hold ratings, and 0 sell ratings.