Eos Energy Enterprises (EOSE) AI Stock Analysis

• Market Cap: $4.02B
• Dividend Yield: N/A
• Average Volume (3M): 17.65M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.17
• Revenue Growth: 324.10%
• EPS Growth: -214.91%
• Country: US
• Employees: 430
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -4.91
• Shares Outstanding: 324,098,180
• 10 Day Avg. Volume: 22,638,220
• 30 Day Avg. Volume: 17,654,560
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.96
• Price to Sales (P/S): 66.03
• P/FCF Ratio: -5.51
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 48.55
• Enterprise Value/Gross Profit: -27.28
• Enterprise Value/Ebitda: -3.07
• 1Y Price Target: $16.80
• Price Target Upside: 35.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: $15.00 ▲(20.97% Upside)

The score is held back primarily by weak financial quality—loss-making operations, negative operating cash flow, and negative equity—despite rapid revenue growth. Technicals are a meaningful offset with strong trend/momentum, while earnings-call updates and corporate actions suggest progress toward scaling and margin improvement but with ongoing profitability and funding risks.

Positive Factors

Rapid revenue growth and large commercial pipeline

Sustained, rapid top-line expansion and a deep commercial pipeline provide durable demand visibility for Eos’s long-duration storage systems. A sizeable backlog and large project pipeline support multi-quarter revenue conversion, de-risking scaling plans and underpinning future manufacturing utilization and recurring service revenue.

Validated customer contracts and strategic partnerships

Large, firm supply agreements demonstrate commercial validation of Eos’s zinc-based battery technology and provide predictable near-term revenue. Converting MOUs to orders shows sales execution and reduces project-offtake risk, strengthening the company’s credibility with utilities and large C&I customers over multiple quarters.

Operational scaling and manufacturing improvements

Clear progress on yield, quality and capacity expansion supports improving unit economics and margin recovery over time. Lower defects and better safety reduce warranty and operational costs, while capacity upgrades enable higher throughput and lower per-unit fixed costs as the company shifts toward sustainable contribution and eventual gross profitability.

Negative Factors

Persistent negative margins and net losses

Despite revenue acceleration, ongoing gross and operating losses indicate structural cost or pricing gaps in the business model. Continued negative margins limit internal cash generation and require sustained improvement in manufacturing costs or pricing to achieve durable profitability and fund reinvestment without recurring external financing.

Weak balance sheet and negative equity

Negative shareholders' equity and constrained liquidity signal elevated funding risk and reduced financial flexibility. This structural imbalance can hamper the company’s ability to absorb shocks, secure favorable supplier terms, or raise non-dilutive capital, making long-term scaling contingent on successful balance-sheet repair or sustained external support.

High reliance on external financing and potential dilution

Repeated capital raises, amendments to credit facilities, and DOE warrants point to dependence on financing to fund operations and refinance existing debt. This reliance creates execution risk if markets tighten and raises dilution risk for shareholders, while signaling that internal cash flows are currently insufficient to cover growth and obligations.

Eos Energy Enterprises Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Eos Energy Enterprises generates revenue primarily through the sale of its energy storage systems and related services. The company markets its proprietary zinc battery technology to utilities, renewable energy developers, and commercial customers, capitalizing on the growing demand for efficient energy storage solutions. Key revenue streams include direct product sales, long-term service agreements, and installation contracts. Eos has also established strategic partnerships with various industry players to enhance its market reach and increase sales potential, contributing to its overall earnings.

Eos Energy Enterprises Financial Statement Overview

Summary

Despite very strong trailing revenue growth, the company’s fundamentals are weak: negative gross/EBITDA/net margins, negative operating cash flow, and negative shareholders’ equity indicating financial stress and funding risk.

Income Statement

Eos Energy Enterprises shows significant revenue growth with an 87.75% increase in TTM, indicating strong sales momentum. However, the company struggles with profitability, as evidenced by negative gross, net, EBIT, and EBITDA margins. This suggests high costs and operational inefficiencies, posing a risk to financial stability.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity and a negative debt-to-equity ratio, indicating financial distress. The return on equity is positive due to negative equity, which is misleading. The company needs to improve its equity position to ensure long-term viability.

Cash Flow

Cash flow analysis shows a slight improvement in free cash flow growth at 13.14% TTM. However, the operating cash flow remains negative, and the ratios indicate that cash flows are insufficient to cover net income, highlighting liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	63.46M	15.61M	16.38M	17.92M	4.60M	219.00K
Gross Profit	-112.92M	-83.26M	-73.42M	-135.34M	-41.88M	-5.29M
EBITDA	-1.00B	-158.22M	-136.07M	-207.60M	-115.48M	-45.26M
Net Income	-1.12B	-685.87M	-229.51M	-229.81M	-124.22M	-70.64M
Balance Sheet
Total Assets	328.21M	260.32M	186.49M	106.79M	169.18M	138.26M
Cash, Cash Equivalents and Short-Term Investments	58.73M	74.29M	69.47M	17.08M	104.83M	121.85M
Total Debt	448.45M	320.40M	208.71M	181.07M	113.52M	1.35M
Total Liabilities	2.65B	1.33B	297.29M	239.50M	136.73M	17.48M
Stockholders Equity	-2.32B	-1.07B	-110.80M	-132.71M	32.45M	120.78M
Cash Flow
Free Cash Flow	-245.54M	-187.09M	-174.48M	-216.93M	-131.74M	-30.16M
Operating Cash Flow	-203.61M	-153.94M	-145.02M	-196.86M	-116.15M	-26.56M
Investing Cash Flow	-42.84M	-33.19M	-29.46M	-17.17M	-23.34M	-6.63M
Financing Cash Flow	342.63M	205.83M	227.92M	139.54M	123.32M	154.18M

Eos Energy Enterprises Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EOSE, the sentiment is Negative. The current price of 12.4 is below the 20-day moving average (MA) of 15.74, below the 50-day MA of 14.39, and above the 200-day MA of 9.86, indicating a neutral trend. The MACD of -0.34 indicates Positive momentum. The RSI at 33.89 is Neutral, neither overbought nor oversold. The STOCH value of 12.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EOSE.

Eos Energy Enterprises Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
EOSE	59 Neutral	$4.02B	-1.48	―	―	324.10%	-214.91%
AMPX	58 Neutral	$1.62B	-47.67	-39.01%	―	234.14%	42.67%
ENVX	54 Neutral	$1.38B	-7.90	-68.95%	―	45.98%	44.14%
PLUG	52 Neutral	$2.85B	―	-95.42%	―	2.53%	-2.83%
MVST	52 Neutral	$817.18M	-5.04	-35.82%	―	19.82%	-7.14%
FCEL	51 Neutral	$338.45M	-0.90	-26.12%	―	41.05%	-1.02%

Eos Energy Enterprises Corporate Events

Eos Energy Enterprises Announces Board Leadership Transition

On December 22, 2025, Eos Energy Enterprises announced that long-time non-executive chair and early lead investor Russ Stidolph will step down from the board effective December 31, 2025, after more than a decade of involvement that included guiding the company from early R&D through commercialization, U.S. manufacturing build-out, a NASDAQ listing, and deployment of more than 5 GWh of storage in the field. The board has appointed industry veteran and current director Joseph Nigro, former Exelon CFO and Constellation CEO, as non-executive chair effective January 1, 2026, a move framed by management as a planned, seamless leadership transition intended to support Eos’s next phase of operational scaling and market expansion in long-duration energy storage amid rising power demand from AI and electrification.

The most recent analyst rating on (EOSE) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Eos Energy Enterprises stock, see the EOSE Stock Forecast page.

Eos Energy Completes Direct Stock Offering and Warrant

On November 18, 2025, Eos Energy Enterprises announced a private offering of $500 million in convertible senior notes due 2031, with an option for an additional $75 million, targeting qualified institutional buyers. The proceeds, alongside a concurrent equity offering, are intended for repurchasing a portion of Eos’s existing 2030 convertible notes and general corporate purposes. The company also completed a registered direct offering of 35,855,647 shares of common stock on November 24, 2025, and issued a warrant to the U.S. Department of Energy for 570,000 shares. These financial maneuvers aim to strengthen Eos’s market position and operational flexibility, although they may impact the trading price of Eos’s stock and notes.

The most recent analyst rating on (EOSE) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Eos Energy Enterprises stock, see the EOSE Stock Forecast page.

Eos Energy Announces Fifth Amendment to Credit Agreement

On November 18, 2025, Eos Energy Enterprises announced a series of financial agreements and amendments, including a Fifth Amendment to its Credit and Guaranty Agreement. This amendment allows the issuance and sale of common stock and convertible notes, with proceeds up to $200 million earmarked for repurchasing existing convertible senior notes. Additionally, the company entered into a Warrant Agreement with the U.S. Department of Energy, granting the DOE a warrant to purchase up to 570,000 shares of common stock. These strategic financial moves aim to strengthen Eos Energy’s financial position and flexibility, potentially impacting its market operations and stakeholder interests.

The most recent analyst rating on (EOSE) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Eos Energy Enterprises stock, see the EOSE Stock Forecast page.