Eos Energy Enterprises (EOSE) Expected to Announce Quarterly Earnings on Wednesday

Eos Energy Enterprises (NASDAQ:EOSE - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Eos Energy Enterprises to post earnings of ($0.16) per share and revenue of $24.96 million for the quarter. Eos Energy Enterprises has set its FY 2025 guidance at EPS.

Eos Energy Enterprises (NASDAQ:EOSE - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $10.46 million during the quarter, compared to the consensus estimate of $11.77 million. On average, analysts expect Eos Energy Enterprises to post $-3 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Eos Energy Enterprises Trading Up 0.2%

EOSE stock traded up $0.01 during midday trading on Friday, hitting $6.37. 11,877,181 shares of the company's stock were exchanged, compared to its average volume of 16,373,781. Eos Energy Enterprises has a 12-month low of $1.39 and a 12-month high of $7.36. The firm has a 50 day moving average price of $4.98 and a 200-day moving average price of $4.93. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of -1.44 and a beta of 2.01.

Insider Transactions at Eos Energy Enterprises

In other news, CAO Sumeet Puri sold 36,173 shares of the company's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $6.86, for a total value of $248,146.78. Following the completion of the sale, the chief accounting officer owned 95,624 shares in the company, valued at $655,980.64. This represents a 27.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Nathan Kroeker sold 47,254 shares of the company's stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $4.92, for a total value of $232,489.68. Following the completion of the sale, the chief financial officer owned 491,054 shares of the company's stock, valued at approximately $2,415,985.68. This trade represents a 8.78% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 758,886 shares of company stock worth $4,827,806. Corporate insiders own 3.63% of the company's stock.

Institutional Investors Weigh In On Eos Energy Enterprises

An institutional investor recently raised its position in Eos Energy Enterprises stock. Millennium Management LLC grew its stake in shares of Eos Energy Enterprises, Inc. (NASDAQ:EOSE - Free Report) by 55.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,522,273 shares of the company's stock after purchasing an additional 896,471 shares during the period. Millennium Management LLC owned about 1.11% of Eos Energy Enterprises worth $9,534,000 as of its most recent SEC filing. Institutional investors and hedge funds own 54.87% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EOSE. Wall Street Zen upgraded Eos Energy Enterprises from a "sell" rating to a "hold" rating in a report on Saturday. Guggenheim lowered their price target on Eos Energy Enterprises from $7.00 to $6.00 and set a "buy" rating for the company in a report on Monday, June 2nd. TD Cowen upgraded Eos Energy Enterprises to a "hold" rating in a research note on Monday, June 23rd. Finally, Stifel Nicolaus reduced their price target on 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. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $6.50.

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.