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

Key Points

• B. Riley forecasts Eos Energy Enterprises will report $0.16 earnings per share (EPS) for FY2027, maintaining a "Neutral" rating and setting a target price of $8.00.
• The company recently missed earnings expectations by reporting ($1.05) EPS, with revenues of $15.24 million compared to the consensus estimate of $24.96 million.
• Recent analyst activity includes Guggenheim raising their target price to $10.00 and Zacks Research upgrading the stock from "strong sell" to "hold".

Eos Energy Enterprises, Inc. (NASDAQ:EOSE - Free Report) - B. Riley issued their FY2027 earnings per share (EPS) estimates for Eos Energy Enterprises in a research note issued on Tuesday, September 30th. B. Riley analyst R. Pfingst forecasts that the company will post earnings of $0.16 per share 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.

Eos Energy Enterprises (NASDAQ:EOSE - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported ($1.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by ($0.88). The company had revenue of $15.24 million for the quarter, compared to the consensus estimate of $24.96 million. Eos Energy Enterprises has set its FY 2025 guidance at EPS.

A number of other brokerages also recently commented on EOSE. Guggenheim boosted their target price on shares of Eos Energy Enterprises from $6.00 to $10.00 and gave the stock a "buy" rating in a research note on Friday, September 5th. Wall Street Zen cut Eos Energy Enterprises from a "hold" rating to a "sell" rating in a research report on Sunday, August 3rd. Jefferies Financial Group began coverage on Eos Energy Enterprises in a report on Friday, September 5th. They issued a "hold" rating and a $6.50 price objective on the stock. Stifel Nicolaus boosted their target price on Eos Energy Enterprises from $8.50 to $10.00 and gave the stock a "buy" rating in a research note on Friday, September 19th. Finally, Zacks Research raised Eos Energy Enterprises from a "strong sell" rating to a "hold" rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $7.58.

Eos Energy Enterprises Trading Up 8.6%

Shares of EOSE opened at $12.37 on Thursday. Eos Energy Enterprises has a twelve month low of $2.06 and a twelve month high of $12.40. The firm's fifty day simple moving average is $7.47 and its 200-day simple moving average is $5.76. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of -2.37 and a beta of 2.28.

Insider Activity

In other news, Director Alexander Dimitrief sold 45,000 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $6.00, for a total transaction of $270,000.00. Following the transaction, the director directly owned 219,452 shares in the company, valued at approximately $1,316,712. This trade represents a 17.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, General Counsel Michael W. Silberman sold 65,625 shares of the company's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $5.94, for a total transaction of $389,812.50. Following the completion of the sale, the general counsel owned 241,612 shares of the company's stock, valued at approximately $1,435,175.28. This trade represents a 21.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 683,198 shares of company stock worth $4,010,778 over the last ninety days. 3.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Eos Energy Enterprises

A number of institutional investors and hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. grew its holdings 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 last quarter. KBC Group NV acquired a new stake in Eos Energy Enterprises during the 1st quarter worth approximately $38,000. Elevatus Welath Management purchased a new position in shares of Eos Energy Enterprises in the 1st quarter valued at approximately $39,000. Amalgamated Bank acquired a new position in shares of Eos Energy Enterprises in the second quarter valued at approximately $39,000. Finally, Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Eos Energy Enterprises during the second quarter worth approximately $39,000. 54.87% of the stock is owned by hedge funds and other institutional investors.

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.

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