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

Eos Energy Enterprises (EOSE) shares are trading higher after the company was selected by Dominion Energy Virginia to provide 16 MWh of storage in a pilot project to strengthen the region's electrical grid.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:15 pm

Dominion Energy Virginia has proposed a battery storage pilot project that could significantly increase the length of time batteries can discharge electricity to the grid. The Darbytown Storage Pilot Project will test two new technologies as potential alternatives to traditional lithium-ion batteries. The technologies being tested are iron-air batteries developed by Form Energy and zinc-hybrid batteries developed by Eos Energy Enterprises. If approved, construction would begin by late 2024, and the project would be operational by late 2026.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:03 pm

Several stocks experienced significant movement in Monday's mid-day session. Notably, Nikola Corporation's shares rose by 33% following the appointment of a new chief operating officer. Other gainers included SCWorx Corp., Avinger, Inc., SeqLL Inc., and Perspective Therapeutics, Inc. On the other hand, stocks such as Earlyworks Co., Ltd, STRATA Skin Sciences, Inc., AERWINS Technologies Inc., and MSP Recovery, Inc. saw a dip in their share prices.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 5:25 pm

Several US stocks recorded losses on Monday, including Scilex Holding Company, Canopy Growth Corporation, Nuvalent, DocGo, GigaCloud Technology, Eos Energy Enterprises, Unity Software, FingerMotion, Rumble, Butterfly Network, Couchbase, Caribou Biosciences, Moderna, Lexicon Pharmaceuticals, Wayfair, The Gap, Viking Therapeutics, AMC Entertainment Holdings, Tellurian, MINISO Group Holding, and Arm Holdings.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 3:08 pm

During Friday's pre-market session, 12 industrial stocks showed significant movement. Eos Energy Enterprises, Ocean Power Techs, ESGL Holdings, Surf Air Mobility, Multi Ways Holdings, and Energy Focus saw gains, while Karat Packaging, Planet Labs, Laser Photonics, Greenland Technologies, NeoVolta, and Xos experienced losses. Planet Labs' Q2 earnings were released yesterday.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 1:06 pm

Evercore ISI Group analyst James West maintains an 'Outperform' rating on Eos Energy Enterprises (NASDAQ:EOSE) and raises the price target from $4 to $17.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:47 pm

In Thursday's after-market session, several industrials stocks saw significant movement. Eos Energy Enterprises, Laser Photonics, Concrete Pumping Holdings, AERWINS Technologies, Gol Linhas Aereas, and Amprius Technologies were among the gainers, while Karat Packaging, NeoVolta, ATIF Holdings, Electriq Power Holdings, Planet Labs, and VCI Global were among the losers.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 9:31 pm

During Wednesday's intraday session, several industrials stocks experienced significant movements. AeroVironment (NASDAQ:AVAV), Greenland Technologies (NASDAQ:GTEC), Civeo (NYSE:CVEO), Agrify (NASDAQ:AGFY), DSS (AMEX:DSS), and Electriq Power Holdings (NYSE:ELIQ) saw their shares increase, while Heliogen (NYSE:HLGN), 1847 Holdings (AMEX:EFSH), Eos Energy Enterprises (NASDAQ:EOSE), Wheels Up Experience (NYSE:UP), Hydrofarm Holdings Group (NASDAQ:HYFM), and Ault Alliance (AMEX:AULT) experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 5:31 pm

Eos Energy shares are trading lower following a downgrade from Seaport Global, which changed its rating from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 4:29 pm

In the last quarter, Eos Energy Enterprises (NASDAQ:EOSE) received 3 bullish and 2 indifferent ratings from analysts. The company's average 12-month price target is $7.7, with a high of $15.00 and a low of $4.00. This average price target has increased by 30.95% over the past month.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 2:00 pm

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