B. Riley Analysts Increase Earnings Estimates for EOSE

Eos Energy Enterprises, Inc. (NASDAQ:EOSE) – Stock analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for Eos Energy Enterprises in a research report issued to clients and investors on Wednesday, July 30th. B. Riley analyst R. Pfingst now expects that the company will post earnings per share of ($0.65) for the year, up from their previous forecast of ($0.66). The consensus estimate for Eos Energy Enterprises’ current full-year earnings is ($2.54) per share. B. Riley also issued estimates for Eos Energy Enterprises’ FY2026 earnings at ($0.12) EPS.

Eos Energy Enterprises (NASDAQ:EOSE) last issued its earnings results on Wednesday, July 30th. The company reported ($1.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.88). The company had revenue of $15.24 million for the quarter, compared to analysts’ expectations of $24.96 million.

Other research analysts also recently issued research reports about the stock. Stifel Nicolaus decreased their price objective on shares of Eos Energy Enterprises from $9.00 to $8.50 and set a “buy” rating for the company in a research report on Monday, June 9th. Guggenheim decreased their price objective on Eos Energy Enterprises from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Monday, June 2nd. TD Cowen boosted their target price on Eos Energy Enterprises from $5.50 to $6.00 and gave the stock a “hold” rating in a report on Friday. Finally, Wall Street Zen raised shares of Eos Energy Enterprises from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.38.

Eos Energy Enterprises Trading Down 3.3%

Shares of NASDAQ:EOSE opened at $5.51 on Friday. The business has a 50 day moving average of $4.94 and a two-hundred day moving average of $4.96. Eos Energy Enterprises has a 12-month low of $1.39 and a 12-month high of $7.36. The company has a market capitalization of $1.25 billion, a PE ratio of -1.06 and a beta of 2.07.

Insider Activity at Eos Energy Enterprises

In other Eos Energy Enterprises news, insider Nathan Kroeker sold 152,856 shares of the business’s stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $6.86, for a total transaction of $1,048,592.16. Following the sale, the insider directly owned 403,815 shares in the company, valued at $2,770,170.90. This represents a 27.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Michael W. Silberman sold 100,943 shares of the company’s stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $6.86, for a total transaction of $692,468.98. Following the sale, the general counsel directly owned 161,404 shares in the company, valued at approximately $1,107,231.44. The trade was a 38.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,108,053 shares of company stock valued at $6,901,858. 3.63% of the stock is owned by insiders.

Institutional Trading of Eos Energy Enterprises

Several hedge funds have recently modified their holdings of the stock. KBC Group NV acquired a new stake in Eos Energy Enterprises in the first quarter valued at approximately $38,000. SBI Securities Co. Ltd. boosted its stake in shares of Eos Energy Enterprises by 588.0% during the first quarter. SBI Securities Co. Ltd. now owns 10,065 shares of the company’s stock worth $38,000 after buying an additional 8,602 shares during the period. Elevatus Welath Management purchased a new position in shares of Eos Energy Enterprises in the 1st quarter valued at approximately $39,000. Parallel Advisors LLC purchased a new position in Eos Energy Enterprises in the 1st quarter valued at $43,000. Finally, Carmel Capital Partners LLC boosted its holdings in shares of Eos Energy Enterprises by 24.5% in the first quarter. Carmel Capital Partners LLC now owns 12,450 shares of the company’s stock valued at $47,000 after acquiring an additional 2,450 shares in the last quarter. 54.87% of the stock is currently owned by institutional investors and hedge funds.

Eos Energy Enterprises Company Profile

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.