What is B. Riley’s Forecast for EOSE FY2027 Earnings?

Eos Energy Enterprises, Inc. (NASDAQ:EOSE) – Analysts at B. Riley issued their FY2027 EPS estimates for Eos Energy Enterprises in a note issued to investors on Tuesday, September 30th. B. Riley analyst R. Pfingst anticipates that the company will post earnings per share of $0.16 for the year. B. Riley currently has a “Neutral” rating and a $8.00 target price on the stock. The consensus estimate for Eos Energy Enterprises’ current full-year earnings is ($2.54) per share.

Other research analysts have also issued reports about the company. TD Cowen upped their price target on Eos Energy Enterprises from $5.50 to $6.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Wall Street Zen cut Eos Energy Enterprises from a “hold” rating to a “sell” rating in a research note on Sunday, August 3rd. Zacks Research raised shares of Eos Energy Enterprises from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Jefferies Financial Group initiated coverage on shares of Eos Energy Enterprises in a report on Friday, September 5th. They set a “hold” rating and a $6.50 price target for the company. Finally, Guggenheim upped their price objective on shares of Eos Energy Enterprises from $6.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Two analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $7.58.

Eos Energy Enterprises Stock Down 0.1%

Shares of NASDAQ:EOSE opened at $12.36 on Thursday. The company’s fifty day moving average is $7.59 and its two-hundred day moving average is $5.81. The company has a market cap of $3.21 billion, a P/E ratio of -2.37 and a beta of 2.29. Eos Energy Enterprises has a 12-month low of $2.06 and a 12-month high of $13.13.

Eos Energy Enterprises (NASDAQ:EOSE) last issued its quarterly earnings results on Wednesday, July 30th. The company reported ($1.05) 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 analyst estimates of $24.96 million. Eos Energy Enterprises has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Eos Energy Enterprises

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Eos Energy Enterprises by 0.6% during the first quarter. Vanguard Group Inc. now owns 10,362,810 shares of the company’s stock valued at $39,171,000 after buying an additional 59,762 shares during the last quarter. Electron Capital Partners LLC increased its stake in Eos Energy Enterprises by 39.9% during the second quarter. Electron Capital Partners LLC now owns 6,979,422 shares of the company’s stock valued at $35,735,000 after acquiring an additional 1,989,144 shares during the period. Geode Capital Management LLC raised its holdings in Eos Energy Enterprises by 101.4% in the 2nd quarter. Geode Capital Management LLC now owns 5,407,930 shares of the company’s stock valued at $27,692,000 after acquiring an additional 2,722,495 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Eos Energy Enterprises by 36.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,900,513 shares of the company’s stock worth $14,744,000 after acquiring an additional 1,050,128 shares during the period. Finally, Driehaus Capital Management LLC bought a new stake in shares of Eos Energy Enterprises in the 1st quarter worth approximately $13,456,000. 54.87% of the stock is currently owned by institutional investors.

Insider Activity

In other Eos Energy Enterprises news, General Counsel Michael W. Silberman sold 65,625 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $5.94, for a total value of $389,812.50. Following the completion of the sale, the general counsel directly owned 241,612 shares of the company’s stock, valued at $1,435,175.28. The trade was a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Nathan Kroeker sold 99,375 shares of Eos Energy Enterprises stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $5.94, for a total transaction of $590,287.50. Following the completion of the sale, the chief financial officer directly owned 612,512 shares of the company’s stock, valued at approximately $3,638,321.28. The trade was a 13.96% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 683,198 shares of company stock valued at $4,010,778. 3.30% of the stock is currently owned by company insiders.

About Eos Energy Enterprises

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.