
EOSE Stock Forecast & Price Target
EOSE Analyst Ratings
Bulls say
Eos Energy Enterprises Inc. reported a strong backlog of $588.9 million, slightly increasing quarter-over-quarter, and recently secured a significant $70 million order that is expected to bolster future revenues. The company exited Q3 with unrestricted cash of $23 million and is on track to achieve positive contribution margins by year-end, thanks to effective cost-cutting measures. Additionally, the recent conditional DOE loan of nearly $400 million and funding from Cerberus provide substantial validation of Eos Energy's market position and technological capabilities, highlighting potential for operational scaling and profitability.
Bears say
Eos Energy Enterprises Inc faces significant challenges that contribute to a negative outlook for its stock. The company's projected full-year sales of approximately $15 million fall short of prior guidance by around $45 million, primarily due to supply chain delays and manufacturing difficulties, which are indicative of execution risks in scaling production. Furthermore, the reliance on additional fundraising to maintain operations, combined with a lack of profitability, raises concerns about the company's financial stability and future growth potential.
This aggregate rating is based on analysts' research of Eos Energy Enterprises and is not a guaranteed prediction by Public.com or investment advice.
EOSE Analyst Forecast & Price Prediction
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