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

During Friday's pre-market session, shares of several industrial companies showed significant movement. Eos Energy Enterprises, Urban-gro, Gaucho Group Holdings, GD Culture Group, Ultralife, and Momentus saw increases, while JE Cleantech Hldgs, Surf Air Mobility, Agrify, and Greenland Technologies experienced decreases. Surf Air Mobility's decrease follows the release of its Q2 earnings report three days prior.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 1:06 pm

Stifel analyst Vincent Anderson maintains a 'Buy' rating on Eos Energy Enterprises (NASDAQ:EOSE) and raises the price target from $13 to $15.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:03 pm

Eos Energy announced 'Project AMAZE,' a $500 million program to address long-duration energy storage demand, causing its shares to rise. 23andMe was granted new FDA clearance to report additional BRCA variants. Dell Technologies reported Q2 EPS of $1.74, beating the $1.14 estimate, and sales of $22.93B, beating the $20.85B estimate.

Portfolio Pulse from ryanfaloona@benzinga.com

September 01, 2023 | 12:34 pm

Several stocks are moving in pre-market trading. Novo Integrated Sciences, Eos Energy Enterprises, Axcella Health, Processa Pharmaceuticals, 23andMe Holding, Nutanix, Local Bounti Corporation, Elastic, Canopy Growth Corporation, and Dell Technologies are among the gainers. Aditxt, SRM Entertainment, Flora Growth Corp., iCoreConnect, Biodexa Pharmaceuticals, Tingo Group, Acer Therapeutics, Satixfy Communications, Inspire Veterinary Partners, and Broadcom are among the losers.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 12:16 pm

Eos Energy has announced 'Project AMAZE,' a $500 million program aimed at addressing long-duration energy storage demand. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 12:14 pm

Eos Energy Enterprises Inc's shares are surging after the company launched Project AMAZE, a $500 million expansion to build 8 GWh of clean energy storage production capacity. The Department of Energy's Loan Programs Office has issued a conditional commitment for a loan guarantee of up to $398.6 million, expected to fund 80% of the expansion. The project aims to meet increased long-duration energy storage demand and expand the U.S. supply chain.

Portfolio Pulse from Shivani Kumaresan

September 01, 2023 | 11:58 am

Guggenheim analyst Joseph Osha has upgraded Eos Energy Enterprises (NASDAQ:EOSE) from Neutral to Buy and set a price target of $10.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 10:43 am

During Thursday's after-market session, several industrials stocks experienced significant movement. Eos Energy Enterprises (EOSE), Urban-gro (UGRO), Intuitive Machines (LUNR), Gaucho Group Holdings (VINO), Hydrofarm Holdings Group (HYFM), and Ultralife (ULBI) saw their stocks rise, while JE Cleantech Hldgs (JCSE), FiscalNote Holdings (NOTE), Broadwind (BWEN), Multi Ways Holdings (MWG), Surf Air Mobility (SRFM), and Wheels Up Experience (UP) experienced a decline in their stock prices.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 9:31 pm

Eos Energy has announced 'Project AMAZE,' a $500 million program aimed at addressing long-duration energy storage demand. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:22 pm

Eos Energy Enterprises (NASDAQ:EOSE) has announced Project AMAZE, a $500 million expansion program to scale annual production to 8 GWh storage capacity by 2026. The Department of Energy's Loan Programs Office has issued a conditional commitment for a loan guarantee of up to $398.6 million, expected to fund 80% of the expansion. The project is expected to create nearly 700 new jobs and expand the U.S. supply chain. Eos recently partnered with ACRO Automation Systems for the design and development of its first high-output manufacturing line.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:00 pm

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