B. Riley analyst Ryan Pfingst lowered the firm’s price target on Eos Energy (EOSE) to $8 from $12 and keeps a Neutral rating on the shares. The stock has been weak since the earnings event, driven by the miss and stretched valuation, the analyst tells investors in a research note. Management appears confident that manufacturing issues have been addressed and continues to see strong demand for its product, expressing confidence around 2026 guidance, the firm says.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EOSE:
- Mixed options sentiment in Eos Energy Enterprises, Inc. with shares down 10.09%
- Eos Energy price target lowered to $12 from $22 at Stifel
- Eos Energy downgraded to Neutral at Guggenheim on forecasting struggles
- Eos Energy downgraded to Neutral from Buy at Guggenheim
- Eos Energy Earnings Call: Rapid Growth, Execution Risks
