B. Riley Has Negative Forecast for EOSE Q1 Earnings

Eos Energy Enterprises, Inc. (NASDAQ:EOSEFree Report) – Analysts at B. Riley decreased their Q1 2025 earnings per share estimates for shares of Eos Energy Enterprises in a report issued on Thursday, March 6th. B. Riley analyst R. Pfingst now expects that the company will post earnings of ($0.24) per share for the quarter, down from their prior forecast of ($0.21). 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’ Q2 2025 earnings at ($0.16) EPS, Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.08) EPS and FY2025 earnings at ($0.61) EPS.

EOSE has been the topic of a number of other research reports. Roth Capital downgraded Eos Energy Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 20th. Cowen reaffirmed a “hold” rating on shares of Eos Energy Enterprises in a research note on Friday. Finally, Roth Mkm downgraded Eos Energy Enterprises from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $4.00 to $5.00 in a research note on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $4.13.

Check Out Our Latest Report on EOSE

Eos Energy Enterprises Price Performance

NASDAQ:EOSE opened at $3.95 on Monday. Eos Energy Enterprises has a 1 year low of $0.61 and a 1 year high of $6.64. The stock’s 50 day simple moving average is $5.11 and its two-hundred day simple moving average is $3.77. The company has a market cap of $860.75 million, a price-to-earnings ratio of -1.64 and a beta of 2.15.

Hedge Funds Weigh In On Eos Energy Enterprises

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Stifel Financial Corp boosted its holdings in shares of Eos Energy Enterprises by 6.4% in the 4th quarter. Stifel Financial Corp now owns 4,978,078 shares of the company’s stock worth $24,193,000 after purchasing an additional 297,909 shares during the period. Legal & General Group Plc boosted its holdings in shares of Eos Energy Enterprises by 61,220.5% in the 4th quarter. Legal & General Group Plc now owns 4,804,461 shares of the company’s stock worth $23,350,000 after purchasing an additional 4,796,626 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Eos Energy Enterprises in the 4th quarter worth approximately $16,632,000. Geode Capital Management LLC boosted its holdings in shares of Eos Energy Enterprises by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 2,510,088 shares of the company’s stock worth $12,205,000 after purchasing an additional 41,440 shares during the period. Finally, Barings LLC boosted its holdings in Eos Energy Enterprises by 100.5% during the 4th quarter. Barings LLC now owns 2,403,448 shares of the company’s stock valued at $11,681,000 after acquiring an additional 1,204,430 shares during the period. Hedge funds and other institutional investors own 54.87% of the company’s stock.

Eos Energy Enterprises Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Eos Energy Enterprises (NASDAQ:EOSE)

Receive News & Ratings for Eos Energy Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eos Energy Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.