Brokers Set Expectations for EOSE Q4 Earnings

Eos Energy Enterprises, Inc. (NASDAQ:EOSE - Free Report) - Equities researchers at B. Riley issued their Q4 2026 earnings per share (EPS) estimates for Eos Energy Enterprises in a note issued to investors on Thursday, May 8th. B. Riley analyst R. Pfingst forecasts 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:EOSE - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.01). The business had revenue of $10.46 million during the quarter, compared to analyst estimates of $11.77 million.

A number of other equities research analysts have also recently commented on EOSE. Roth Mkm cut Eos Energy Enterprises from a "buy" rating to a "neutral" rating and raised their price target for the company from $4.00 to $5.00 in a report on Thursday, February 20th. Cowen reissued a "hold" rating on shares of Eos Energy Enterprises in a report on Friday, March 7th. Guggenheim reissued a "buy" rating and set a $7.00 price target on shares of Eos Energy Enterprises in a report on Tuesday, March 18th. Finally, Roth Capital cut Eos Energy Enterprises from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 20th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Eos Energy Enterprises has an average rating of "Hold" and an average target price of $6.00.

Eos Energy Enterprises Stock Down 1.8%

NASDAQ:EOSE traded down $0.13 on Monday, reaching $6.98. 10,900,350 shares of the company's stock traded hands, compared to its average volume of 7,645,601. The stock has a 50-day simple moving average of $4.75 and a 200-day simple moving average of $4.42. The firm has a market cap of $1.58 billion, a PE ratio of -2.90 and a beta of 2.11. Eos Energy Enterprises has a 12 month low of $0.66 and a 12 month high of $7.36.

Institutional Investors Weigh In On Eos Energy Enterprises

Large investors have recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust bought a new stake in Eos Energy Enterprises during the fourth quarter worth approximately $29,000. R Squared Ltd bought a new stake in Eos Energy Enterprises during the fourth quarter worth approximately $31,000. KBC Group NV bought a new stake in Eos Energy Enterprises during the first quarter worth approximately $38,000. SBI Securities Co. Ltd. increased its stake in 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 acquiring an additional 8,602 shares during the last quarter. Finally, Elevatus Welath Management bought a new stake in Eos Energy Enterprises during the first quarter worth approximately $39,000. 54.87% of the stock is owned by institutional investors.

Insider Transactions at Eos Energy Enterprises

In other Eos Energy Enterprises news, General Counsel Michael W. Silberman sold 100,943 shares of the business'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 now directly owns 161,404 shares of the company's stock, valued at $1,107,231.44. The trade was a 38.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joe Mastrangelo sold 270,384 shares of the business'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 value of $1,854,834.24. Following the sale, the chief executive officer now directly owns 1,109,409 shares in the company, valued at $7,610,545.74. The trade was a 19.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 560,356 shares of company stock valued at $3,844,042. 3.63% of the stock is currently owned by insiders.

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.