Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States. The company offers stationary battery storage solutions. Its flagship product is the Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. The company was founded in 2008 and is headquartered in Edison, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: eosenergystorage.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/21/2024 | $6.00 | Buy | Stifel |
| 9/5/2023 | Buy → Neutral | Seaport Research Partners | |
| 9/1/2023 | $10.00 | Neutral → Buy | Guggenheim |
| 6/30/2023 | $3.00 → $4.00 | Buy → Neutral | B. Riley Securities |
| 6/2/2023 | $2.50 | Market Perform | TD Cowen |
| 12/2/2022 | $11.00 | Buy | Stifel |
| 3/22/2022 | Neutral | Guggenheim | |
| 2/28/2022 | $14.00 → $13.00 | Buy | B. Riley Securities |
| 11/22/2021 | $21.00 | Outperform | Evercore ISI Group |
| 11/11/2021 | Hold | Benchmark |
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
10-Q - Eos Energy Enterprises, Inc. (0001805077) (Filer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
DEFA14A - Eos Energy Enterprises, Inc. (0001805077) (Filer)
DEFA14A - Eos Energy Enterprises, Inc. (0001805077) (Filer)
8-K - Eos Energy Enterprises, Inc. (0001805077) (Filer)
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EDISON, N.J., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage (LDES) systems sourced and manufactured in the United States, today announced preliminary revenue results for the full-year ended December 31, 2024, and revenue outlook for 2025. The Company expects to achieve its revised $15 million revenue guidance for the full-year 2024 driven by increased customer deliveries during the fourth quarter. This result was primarily driven by the Company stabilizing the prior supply chain bottleneck associated with the new Z3 Inline
EDISON, N.J., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced its participation in upcoming investor events. 27th Annual Needham Growth ConferenceChief Executive Officer Joe Mastrangelo and Chief Financial Officer Nathan Kroeker will virtually attend and present at the 27th Annual Needham Growth Conference on Thursday, January 16, 2025. The event will also include 1x1 investor meetings. Senior Vice President Global Sales and Commercial Operations, Justin V
EDISON, N.J., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced its search for a new manufacturing facility in addition to the Mon Valley Works expansion under Project AMAZE. This expansion is part of the Company's broader strategy to scale up its operations to meet the rapidly growing demand for renewable energy solutions and to further its commitment to American manufacturing and energy independence. As the Company finalizes the procurement, construct
TURTLE CREEK, Pa., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that it has received the first loan advance from the Department of Energy's (DOE) Loan Programs Office in the amount of $68.3 million. The loan advance, which covers 80% of eligible costs incurred to date on the Mon Valley Works expansion project, represents the maximum allowable amount under the program at this time. The loan advance covers both capital expenditures and project associated o
Eos and FlexGen to jointly expand and develop robust pipeline opportunity of over 50 GWh Companies targeting a fully integrated made in America energy storage solution that combines Eos' Z3™ batteries with FlexGen's HyrbidOS™ EMS system EDISON, N.J. and DURHAM, N.C., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, and FlexGen Power Systems ("FlexGen"), today announced they have signed a Joint Development Agreement (JDA) to develop and introduce America's first fully-inte
EDISON, N.J., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced a 400 MWh standalone storage order with International Electric Power ("IEP"). This marks the second agreement and third project with IEP, a leading developer in the energy space deploying multiple technologies, and builds on Eos' successful prior delivery of its battery systems to a Texas-based IEP project earlier this year. The project, partially funded by the California Energy Commission's (CEC
EDISON, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that David Urban, renowned political strategist and prominent Republican advisor from Western Pennsylvania, has been appointed to the Eos Board of Directors, effective December 16, 2024. Urban's deep expertise in government relations, public policy, and strategic communications will be instrumental as Eos continues to expand its operational presence and navigate evolving political and regulatory e
OVERLAND PARK, KS / ACCESSWIRE / December 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarter of 2024. Following the close of trading on Friday, Dec. 20, 2024, the indices will be rebalanced according to their stated methodologies and as a result, the following changes will become effective.Tortoise MLP Index ®(TMLP/TMLPT)ActionCompanyTicker No Changes Tortoise North American Pipeline IndexSM(TNAP/TNAPT)ActionCompanyTicker No Changes Tortoise Global Water ESG IndexSM(TGWESG/TGWESGT)ActionCompanyTickerAdditionCalifornia Water Service GroupCWTTortoise Decarbonization Infrastructure Index
EDISON, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced that Francis Richey, former Senior Vice President of Eos Research & Development, has been appointed Chief Technology Officer. Richey, who has been with Eos since 2015, brings a wealth of experience in electrochemical engineering and battery product development. His extensive background in battery chemistries, combined with his leadership in scaling technological innovations from laboratory breakthroughs to commercial solutions, positions him to f
EDISON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it has signed a Memorandum of Understanding (MOU) with Wabash (NYSE:WNC), a world-class provider of advanced engineering and operational solutions for the transportation, logistics, and distribution industries. The proposed partnership would accelerate Eos' ability to deliver large-scale battery energy storage systems (BESS) through Wabash's manufacturing and supply chain expertise and national distribution network. "Partnering with a powerhous
EDISON, N.J., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage (LDES) systems sourced and manufactured in the United States, today announced preliminary revenue results for the full-year ended December 31, 2024, and revenue outlook for 2025. The Company expects to achieve its revised $15 million revenue guidance for the full-year 2024 driven by increased customer deliveries during the fourth quarter. This result was primarily driven by the Company stabilizing the prior supply chain bottleneck associated with the new Z3 Inline
Achieved Cerberus second tranche performance milestones; received incremental $65 million, providing essential capital to serve growing BESS demandAnnounced a 216 MWh purchase order with City Utilities of Springfield, Missouri, Eos' largest municipal community owned order to date; shipments expected to begin in 2025Working closely with Cerberus and the Department of Energy's Loan Programs Office, Eos has submitted critical final documents and expects loan closing in 2024Signed agreement with Cerberus Technology Solutions to develop integrated AI driven software to serve the growing energy needs of data centers and other essential segmentsWorking with major insurance company to launch suite o
EDISON, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it will release its third quarter 2024 financial results after the U.S. market closes on November 5, 2024. A conference call to discuss its results will take place the following morning on November 6 at 8:30 a.m. Eastern Time. Registration Information A live webcast of the earnings call will be available on the "Investor Relations" page of the Company's website at https://investors.eose.com or may be accessed using this link (reg
EDISON, N.J., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced financial results for the second quarter ended June 30, 2024. Second Quarter Highlights Revenue totaled $0.9 million, 261% higher than prior year period driven by higher component and commissioning revenues. In Q2, the Company focused on transitioning and commissioning its first SotA manufacturing line and deferred production to conserve capital while finalizing the strategic investment by Cerberus.Cost of Goods Sold totaled $14.1 million, a 26
EDISON, N.J., July 23, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it will release its second quarter 2024 financial results after the U.S. market closes on August 6, 2024. A conference call to discuss its results will take place the following morning on August 7 at 8:30 a.m. Eastern Time. Registration Information A live webcast of the earnings call will be available on the "Investor Relations" page of the Company's website at https://investors.eose.com or may be accessed using this link (registration link). To
TURTLE CREEK, Pa. and NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced a strategic investment of up to $315.5 million from an affiliate of Cerberus Capital Management LP ("Cerberus"), to support its growth plans during a secular shift in global energy markets. The demand for safe alternatives to incumbent battery technologies is increasing and the world is facing significant energy growth along with an increased focus on higher energy independence and security. Cerberus is a global leader in alterna
EDISON, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced financial results for the first quarter ended March 31, 2024. First Quarter Highlights Revenue totaled $6.6 million from its Z3 semi-automated manufacturing line, 25% lower than prior year period, driven by customer revenue recognition timing.Cost of Goods Sold totaled $28.2 million, a 5% increase compared to prior year period, on 28% higher manufacturing volume.Operating expenses totaled $19.5 million, a 3% decrease compared to prior year pe
EDISON, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today provided an update on the goals outlined in the December 2023 Strategic Outlook and its preliminary first quarter results. Eos continues to reach milestones necessary to achieve the goals outlined in the Strategic Outlook in December 2023, particularly related to cost reduction initiatives, Project AMAZE implementation and Eos Z3™ production. "The team continues to progress towards the milestones and goals presented during our December Strategic Outlook call, and is fo
EDISON, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced financial results for the fourth quarter and full year ended December 31, 2023, and announced 2024 outlook. Fourth Quarter Highlights Revenue totaled $6.6 million, a 148% increase compared to prior year, as the Company fully transitioned production to the Eos Z3TM Cube on its semi-automated manufacturing line.Cost of Goods Sold totaled $30.4 million, a 66% gross margin improvement compared to prior year resulting from the Eos Z3 battery's simpl
EDISON, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it will release its fourth quarter and full year 2023 financial results after the U.S. market closes on March 4, 2024. A conference call to discuss its results will take place the following morning on March 5 at 8:30 a.m. Eastern Time. Registration Information A live webcast of the earnings call will be available on the "Investor Relations" page of the Company's website at https://investors.eose.com. To access the call by phone, please register
EDISON, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that David Urban, renowned political strategist and prominent Republican advisor from Western Pennsylvania, has been appointed to the Eos Board of Directors, effective December 16, 2024. Urban's deep expertise in government relations, public policy, and strategic communications will be instrumental as Eos continues to expand its operational presence and navigate evolving political and regulatory e
EDISON, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced that Francis Richey, former Senior Vice President of Eos Research & Development, has been appointed Chief Technology Officer. Richey, who has been with Eos since 2015, brings a wealth of experience in electrochemical engineering and battery product development. His extensive background in battery chemistries, combined with his leadership in scaling technological innovations from laboratory breakthroughs to commercial solutions, positions him to f
EDISON, N.J., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced that Jeff McNeil, former Chief Operating Officer, and Executive Vice President of Enphase, has been appointed to the Eos Board of Directors, effective October 6, 2023. McNeil brings over 40 years of engineering, manufacturing, supply chain, quality, customer service and executive management experience in the semiconductor, disk drive, and solar industries holding various senior roles. Prior to Enphase, Jeff held an impressive 21-year tenure at Cy
Energy and sustainability executive brings more than two decades of financial, strategic, and capital markets experience to support business growth Heliogen, Inc. (NYSE:HLGN) (the "Company"), a leading provider of AI-enabled concentrating solar energy technology, today announced the appointment of Sagar Kurada as Chief Financial Officer and Head of Strategy, effective immediately. Mr. Kurada succeeds Kelly Rosser, who has served as interim CFO since February 2023. Ms. Rosser will continue in her role as Chief Accounting Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230710967702/en/Sagar Kurada (Photo: Business Wire)
Bornstein brings over three decades of executive leadership experience, with significant focus on clean energy and global scale EDISON, N.J., Sept. 09, 2022 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, today announced that Jeff Bornstein, former Chief Financial Officer and Vice Chairman of GE and Managing Partner at Generation Capital Partners and Whipstick Ventures has joined the Eos Board of Directors as of September 7, 2022. Bornstein is a longtime Eos champion and investor in Eos since 2019. Bornstein brings extensive experience advising clean energ
NASHVILLE, Tenn., July 25, 2022 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (NASDAQ:SDC), the next generation oral care company with the first medtech platform for teeth straightening, today announced the appointment of Alex Dimitrief as an independent director on its Board of Directors, effective immediately. Mr. Dimitrief is an experienced director and C-suite leader with a track record of steering global businesses through a wide range of challenges. He currently serves as a Partner at Zeughauser Group, a Lecturer on Law at Harvard Law School, and a Senior Fellow and Distinguished Adjunct Professor at the New York Law School. From 2007 to 2019, Mr. Dimitrief served in several business
EDISON, N.J., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced that John ("Jay") Tedone has been appointed Chief Accounting Officer. Tedone, who has 25 years of experience in various financial leadership roles, will oversee the accounting, tax and SEC reporting functions at Eos. "As our company evolves and our needs become more complex, it will become increasingly critical to have experienced, dynamic professionals on our team," said Joe Mastrangelo, Chief Executive Officer of Eos. "Jay will serve as a key resource in our Finance Departme
EDISON, N.J., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced that Randall ("Randy") B. Gonzales has been appointed Chief Financial Officer, to succeed Sagar Kurada who has announced his intention to resign, effective January 11, 2022. Eos CEO Joe Mastrangelo said, "Randy is a proven industrial CFO with a superior track record of delivering results and creating value. I'm excited to welcome Randy to Eos. He is a high-impact executive who brings a unique blend of capital allocation discipline, well-honed operating skills, and transformati
EDISON, N.J., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, today announced that Carlos Restrepo has been named Chief Technology Officer. In this role, he will provide strategic direction over Eos' proprietary technology and its alignment with overall business goals and customer needs. "Carlos will be instrumental to the development of our technology as demand for energy storage continues to grow and new applications are identified," said Joe Mastrangelo, CEO of Eos. "We are confident that his versatile engineering background, business acumen and e
EDISON, N.J., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, today announced the appointment of Claude Demby to the Board of Directors, effective August 27, 2021. Currently President of Cree LED, a SMART Global Holdings, Inc. lighting innovation company, Demby has extensive executive leadership experience holding senior roles within the automotive, aerospace and materials technology industries. Prior to joining Cree LED, Demby served as CEO and Director of the Noël Group, a global manufacturer of synthetic foam materials, and President and COO of
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
3 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
4 - Eos Energy Enterprises, Inc. (0001805077) (Issuer)
Stifel resumed coverage of Eos Energy with a rating of Buy and set a new price target of $6.00
Seaport Research Partners downgraded Eos Energy from Buy to Neutral
Guggenheim upgraded Eos Energy from Neutral to Buy and set a new price target of $10.00
B. Riley Securities downgraded Eos Energy from Buy to Neutral and set a new price target of $4.00 from $3.00 previously
TD Cowen initiated coverage of Eos Energy with a rating of Market Perform and set a new price target of $2.50
Stifel initiated coverage of Eos Energy with a rating of Buy and set a new price target of $11.00
Guggenheim initiated coverage of Eos Energy with a rating of Neutral
B. Riley Securities reiterated coverage of Eos Energy with a rating of Buy and set a new price target of $13.00 from $14.00 previously
Evercore ISI Group initiated coverage of Eos Energy Enterprises with a rating of Outperform and set a new price target of $21.00
Benchmark initiated coverage of Eos Energy Enterprises with a rating of Hold