Eos Energy Enterprises (EOSE)
NASDAQ:EOSE
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Eos Energy Enterprises
(NASDAQ:EOSE)
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Rating:46Neutral
Price Target:
$4.50
▼(-19.93% Downside)
Action:ReiteratedDate:04/10/26
The score is held down primarily by very weak financial performance (deep losses, negative cash flow, negative equity, and rising debt) and bearish technicals. These are partially offset by more constructive forward indicators from guidance/backlog and positive operational/financing milestones, but execution and profitability timing remain key risks.
Positive Factors
Backlog & Pipeline
A >$701M booked backlog and a $23.6B commercial pipeline provide multi-project revenue visibility and demonstrate durable demand for long‑duration storage. This backlog de-risks near-term revenue conversion and gives the company time to scale operations to meet contracted demand.
Negative Factors
Weak balance sheet
Negative shareholders' equity and a steep rise in debt to ~$834M materially weaken the balance sheet, reducing creditor and investor buffers. Elevated leverage limits financial flexibility, increases refinancing risk, and heightens vulnerability to operational setbacks or slower-than-expected cash conversion.
Read all positive and negative factors
Positive Factors
Negative Factors
Backlog & Pipeline
A >$701M booked backlog and a $23.6B commercial pipeline provide multi-project revenue visibility and demonstrate durable demand for long‑duration storage. This backlog de-risks near-term revenue conversion and gives the company time to scale operations to meet contracted demand.
Read all positive factors
Eos Energy Enterprises (EOSE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.91B
Dividend YieldN/A
Average Volume (3M)22.13M
Price to Earnings (P/E)―
Beta (1Y)2.29
Revenue Growth324.10%
EPS Growth-214.91%
CountryUS
Employees430
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.84
Shares Outstanding339,434,270
10 Day Avg. Volume19,732,920
30 Day Avg. Volume22,134,661
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)-3.41
Price to Sales (P/S)26.17
P/FCF Ratio-11.28
Enterprise Value/Market Cap0.89
Enterprise Value/Revenue14.86
Enterprise Value/Gross Profit-11.80
Enterprise Value/Ebitda-2.05
Forecast
1Y Price Target
$8.25Price Target Upside46.80% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)-0.63
Revenue Forecast (FY)$324.00M
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 flag...
How the Company Makes Money
Eos Energy Enterprises makes money primarily by selling battery energy storage systems and related services to customers deploying energy storage projects. Revenue is generated from (1) product sales of its energy storage hardware (battery modules...
Eos Energy Enterprises Earnings Call Summary
Earnings Call Date:Feb 26, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 12, 2026
Earnings Call Sentiment Neutral
Balanced. The call highlighted very strong top-line growth, backlog expansion, product and manufacturing investments, a strong cash position and a sizable commercial pipeline — all positive signals of market demand and scalable opportunity. At the same time, significant execution and manufacturing issues (supplier disruption, higher-than-expected downtime, yield challenges), a large GAAP net loss driven in part by noncash mark-to-market items, and a delayed path to early profitability temper the outlook. Management presented concrete remediation plans (automation fixes, Line 2 redundancy, Thornhill layout improvements, Indensity commercialization) and expressed confidence, but near-term execution risk remains.Positive Updates
Record Revenue and Rapid Top-Line Growth
Full-year 2025 revenue of $114.2M, described as >7x year-over-year growth (transcript references a 632% revenue increase). Q4 revenue was $58M, nearly double Q3 and the fourth consecutive quarter of record revenue.
Negative Updates
Missed Guidance and Execution Shortfall
Management acknowledged missing guidance for the period (CEO accepted responsibility). The miss was tied to operational execution issues rather than demand.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Revenue and Rapid Top-Line Growth
Full-year 2025 revenue of $114.2M, described as >7x year-over-year growth (transcript references a 632% revenue increase). Q4 revenue was $58M, nearly double Q3 and the fourth consecutive quarter of record revenue.
Read all positive updates
Company Guidance
Eos provided 2026 revenue guidance of $300 million to $400 million (midpoint $350 million, ~3x 2025 revenue of $114.2 million), saying the $300 million base is largely backed by backlog while the $100 million upside depends on larger project approvals and Indensity shipments in H2; Q4 revenue was $58 million. Key supporting metrics cited: quarter-end backlog just over $701 million (a 9% sequential increase) with nearly 1.1 GWh booked across 8 customers/9 projects this quarter and >$240 million in new orders in Q4; a commercial pipeline of $23.6 billion (~99 GWh, up 4% Q/Q and 64% Y/Y) with 63% of opportunities at 8‑hours or longer and data‑center leads up ~50% Q/Q (active data‑center pipeline +40%+). Operational and financial targets tied to the guidance include reaching ~4 GWh nameplate manufacturing capacity by end‑2026 (building from current ~2 GWh line capacity), achieving gross‑margin positivity in the second half of 2026 (delayed from an earlier Q1 target), and operating with a strong liquidity position (just under $625 million in cash and removal of the going‑concern disclosure).Eos Energy Enterprises Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
15
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 114.20M | 15.61M | 16.38M | 17.92M | 4.60M |
| Gross Profit | -143.84M | -83.26M | -73.42M | -135.34M | -41.88M |
| EBITDA | -940.22M | -158.22M | -136.07M | -207.60M | -115.48M |
| Net Income | -969.65M | -685.87M | -229.51M | -229.81M | -124.22M |
Balance Sheet | |||||
| Total Assets | 885.20M | 260.32M | 186.49M | 106.79M | 169.18M |
| Cash, Cash Equivalents and Short-Term Investments | 602.63M | 74.29M | 69.47M | 17.08M | 104.83M |
| Total Debt | 834.69M | 320.40M | 208.71M | 181.07M | 113.52M |
| Total Liabilities | 1.76B | 1.33B | 297.29M | 239.50M | 136.73M |
| Stockholders Equity | -877.32M | -1.07B | -110.80M | -132.71M | 32.45M |
Cash Flow | |||||
| Free Cash Flow | -264.97M | -187.09M | -174.48M | -216.93M | -131.74M |
| Operating Cash Flow | -211.19M | -153.94M | -145.02M | -196.86M | -116.15M |
| Investing Cash Flow | -54.69M | -33.19M | -29.46M | -17.17M | -23.34M |
| Financing Cash Flow | 787.09M | 205.83M | 227.92M | 139.54M | 123.32M |
Eos Energy Enterprises Technical Analysis
Neutral
5.62
Price Trends
8.09
Negative
11.19
Negative
10.33
Negative
Market Momentum
-0.75
Negative
46.07
Neutral
62.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EOSE, the sentiment is Neutral. The current price of 5.62 is above the 20-day moving average (MA) of 5.15, below the 50-day MA of 8.09, and below the 200-day MA of 10.33, indicating a neutral trend. The MACD of -0.75 indicates Negative momentum. The RSI at 46.07 is Neutral, neither overbought nor oversold. The STOCH value of 62.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EOSE.
Eos Energy Enterprises Risk Analysis
Eos Energy Enterprises disclosed 49 risk factors in its most recent earnings report. Eos Energy Enterprises reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Eos Energy Enterprises Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | $2.36B | -22.34 | -49.74% | ― | 234.14% | 42.67% | |
57 Neutral | $547.85M | -31.12 | -7.40% | ― | 19.82% | -7.14% | |
52 Neutral | $1.32B | -10.09 | -0.23% | ― | 45.98% | 44.14% | |
50 Neutral | $3.82B | -1.40 | -110.00% | ― | 2.53% | -2.83% | |
46 Neutral | $1.91B | -3.08 | 73.98% | ― | 324.10% | -214.91% | |
45 Neutral | $352.30M | -4.17 | -26.54% | ― | 41.05% | -1.02% |
* Industrials Sector Average
EOSE
Eos Energy Enterprises
5.62
1.40
33.18%
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Eos Energy Enterprises Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Eos Energy Announces Record Q1 Revenue and Expansion Milestones
Positive
Apr 9, 2026
On April 9, 2026, Eos Energy Enterprises said it expected preliminary first-quarter 2026 revenue of $56 million to $57 million, driven by record shipments and manufacturing output that built on operational gains achieved in late 2025. The company ...
Business Operations and StrategyExecutive/Board Changes
Eos Energy Updates Chief Administration Officer Employment Agreement
Neutral
Mar 31, 2026
On March 30, 2026, Eos Energy Enterprises, Inc. and its subsidiaries entered into a new employment agreement with Chief Administration Officer Michelle Buczkowski, replacing her prior offer letter and setting her annual base salary at $385,000, wi...
Business Operations and StrategyExecutive/Board Changes
Eos Energy Adds Cybersecurity Expert Nate Fick to Board
Positive
Mar 26, 2026
Eos Energy Enterprises, Inc. appointed Nathaniel (Nate) Fick as an independent Class III director to its Board, effective March 24, 2026, expanding the Board to eleven members and assigning him to the Nominating and Corporate Governance Committee....
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Eos Energy Eases DOE Loan Covenants to Boost Flexibility
Positive
Feb 17, 2026
On February 13, 2026, Eos Energy Enterprises, Inc. entered into a Second Amendment to its existing loan guarantee agreement with the U.S. Department of Energy, originally executed on November 26, 2024 and first amended on March 25, 2025. The lates...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.