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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.