Streetbeat News

EOSE

Eos Energy Enterprises, Inc.

https://www.eosenergystorage.com

Industry

Electrical Equipment & Parts

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States. It offers stationary battery storage solutions. The company's flagship product is the Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. Eos Energy Enterprises, Inc. was founded in 2008 and is headquartered in Edison, New Jersey.

Open

2.23

Mkt cap

477M

Volume

15M

High

2.29

P/E Ratio

-0.89

52-wk high

3.66

Low

2.16

Div yield

N/A

52-wk low

0.61

Seaport Global analyst Tom Curran has downgraded Eos Energy Enterprises (NASDAQ:EOSE) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:37 am

During Monday's intraday session, several industrials stocks experienced significant movement. Urban-gro (UGRO), Greenland Technologies (GTEC), JanOne (JAN), Eos Energy Enterprises (EOSE), Nuburu (BURU), and Vertical Aerospace (EVTL) saw increases, while Quhuo (QH), Momentus (MNTS), Pioneer Power Solutions (PPSI), JE Cleantech Hldgs (JCSE), Multi Ways Holdings (MWG), and Innodata (INOD) experienced declines.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 5:31 pm

Nine industrial stocks experienced significant movement in Monday's pre-market session. Eos Energy Enterprises, C3is, Urban-gro, Shengfeng Development, Energous, and Ultralife saw increases in their share prices, while JE Cleantech Hldgs, Agrify, and FTI Consulting experienced decreases.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 1:06 pm

Guggenheim analyst Joseph Osha upgraded Eos Energy Enterprises Inc (NASDAQ:EOSE) to Buy from Neutral with a price target of $10. The upgrade follows Eos Energy's $400 million conditional loan commitment from the Department of Energy and the launch of Project AMAZE, a $500 million expansion for clean energy storage production. Despite potential challenges, the analyst believes Eos Energy's product portfolio is superior to other non-lithium-ion technology providers. B.Riley Securities and Stifel also increased their price targets for EOSE.

Portfolio Pulse from Lekha Gupta

September 01, 2023 | 5:51 pm

During Friday's intraday session, several industrials stocks experienced significant movement. Urban-gro (UGRO), Eos Energy Enterprises (EOSE), Greenland Technologies (GTEC), Shengfeng Development (SFWL), Ambipar Emergency (AMBI), and Graphex Gr (GRFX) saw their stocks increase, while Quhuo (QH), JE Cleantech Hldgs (JCSE), Momentus (MNTS), 1847 Holdings (EFSH), Staffing 360 Solutions (STAF), and Energy Recovery (ERII) experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:31 pm

In Friday's mid-day session, several stocks experienced significant movements. Notable gainers included Edible Garden AG Incorporated (EDBL), TradeUP Acquisition Corp. (UPTD), and Taoping Inc. (TAOP), which reported a YoY increase in H1 EPS and sales results. Dell Technologies Inc. (DELL) and Elastic N.V. (ESTC) also gained after reporting better-than-expected Q2 results and raising their outlooks. On the other hand, Aditxt, Inc. (ADTX) and iCoreConnect Inc. (ICCT) were among the losers, with Olin Corporation (OLN) tumbling after announcing that its CEO will step down in 2024.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 5:18 pm

Despite non-farm payrolls surpassing expectations and an uptick in the unemployment rate, the economy is in a 'not too hot, not too cold' state. This has led to a positive response from risk assets, especially stocks. The S&P 500 index, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), has risen by 2.8% this week. Other ETFs that performed well include VanEck Oil Services ETF (NYSE:OIH), SPDR Metals & Mining ETF (NYSE:XME), SPDR S&P Oil & Gas Explor & Production (NYSE:XOP), SPDR Regional Banking ETF (NYSE:KRE), Energy Select Sector SPDR Fund (NYSE:XLE), iShares MSCI Emerging Markets ETF (NYSE:EEM), and iShares Russell 2000 ETF (NYSE:IWM).

Portfolio Pulse from Piero Cingari

September 01, 2023 | 3:43 pm

Several companies have had their ratings upgraded, downgraded, or initiated by various financial institutions. Upgrades include Eos Energy Enterprises, Papa John's International, MercadoLibre, Aramark, Vale, and AppFolio. Downgrades include Allot, British American Tobacco, Hersha Hospitality Trust, Dollar General, PagerDuty, Acer Therapeutics, and Kanzhun. New coverage was initiated for Ferguson, Camping World Holdings, Confluent, Veeco Instruments, Chicago Atlantic Real Estate Finance, Ecolab, P3 Health Partners, and Alamo Group.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 3:00 pm

Several US stocks traded higher on Friday, with the Dow Jones gaining around 200 points. Notable gainers include Eos Energy Enterprises, Dell Technologies, Elastic N.V., Butterfly Network, Nutanix, A-Mark Precious Metals, Shengfeng Development, Lufax Holding, UP Fintech Holding, Samsara, The Lovesac Company, TAL Education Group, Full Truck Alliance, XPeng, NIO, Weibo Corporation, Oceaneering International, and MongoDB. Many of these companies reported better-than-expected quarterly results, raised outlooks, or announced new initiatives.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 2:45 pm

B. Riley Securities analyst Christopher Souther maintains a Neutral rating on Eos Energy Enterprises (NASDAQ:EOSE) and raises the price target from $4 to $5.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 2:00 pm

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