Q4 Earnings Forecast for EOSE Issued By B. Riley

Eos Energy Enterprises, Inc. (NASDAQ:EOSEFree Report) – Equities research analysts at B. Riley issued their Q4 2026 earnings per share estimates for shares of Eos Energy Enterprises in a note issued to investors on Thursday, May 8th. B. Riley analyst R. Pfingst expects that the company will post earnings of $0.02 per share for the quarter. The consensus estimate for Eos Energy Enterprises’ current full-year earnings is ($2.54) per share.

Eos Energy Enterprises (NASDAQ:EOSEGet Free Report) last announced its earnings results on Tuesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.01). The company had revenue of $10.46 million during the quarter, compared to the consensus estimate of $11.77 million.

Several other analysts also recently weighed in on the stock. Guggenheim reissued a “buy” rating and set a $7.00 target price on shares of Eos Energy Enterprises in a research report on Tuesday, March 18th. Cowen restated a “hold” rating on shares of Eos Energy Enterprises in a research note on Friday, March 7th. Roth Capital lowered shares of Eos Energy Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 20th. Finally, Roth Mkm lowered shares of Eos Energy Enterprises from a “buy” rating to a “neutral” rating and upped their price target for the company from $4.00 to $5.00 in a research note on Thursday, February 20th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $4.70.

Read Our Latest Research Report on EOSE

Eos Energy Enterprises Stock Performance

Shares of EOSE stock opened at $6.21 on Monday. Eos Energy Enterprises has a fifty-two week low of $0.66 and a fifty-two week high of $6.89. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of -2.58 and a beta of 2.11. The stock’s 50-day simple moving average is $4.50 and its 200-day simple moving average is $4.31.

Institutional Trading of Eos Energy Enterprises

Hedge funds and other institutional investors have recently made changes to their positions in the business. Arizona State Retirement System acquired a new stake in shares of Eos Energy Enterprises in the fourth quarter worth $305,000. FourThought Financial Partners LLC acquired a new stake in shares of Eos Energy Enterprises in the fourth quarter worth $1,335,000. Raymond James Financial Inc. acquired a new stake in shares of Eos Energy Enterprises in the fourth quarter worth $315,000. Swiss National Bank acquired a new stake in shares of Eos Energy Enterprises in the fourth quarter worth $2,071,000. Finally, Barings LLC increased its stake in shares of Eos Energy Enterprises by 100.5% in the fourth quarter. Barings LLC now owns 2,403,448 shares of the company’s stock worth $11,681,000 after acquiring an additional 1,204,430 shares during the period. Institutional investors and hedge funds own 54.87% of the company’s stock.

Eos Energy Enterprises Company Profile

(Get Free Report)

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.

Recommended Stories

Earnings History and Estimates for Eos Energy Enterprises (NASDAQ:EOSE)

Receive News & Ratings for Eos Energy Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eos Energy Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.