Eos Energy Enterprises (NASDAQ:EOSE) Releases Quarterly Earnings Results, Misses Estimates By $1.01 EPS

Eos Energy Enterprises (NASDAQ:EOSE) issued its quarterly earnings data on Wednesday. The company reported ($1.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($1.01), FiscalAI reports. The business had revenue of $13.74 million during the quarter, compared to analysts’ expectations of $68.32 million. During the same period in the prior year, the company earned ($1.05) earnings per share.

Here are the key takeaways from Eos Energy Enterprises’ conference call:

• Eos lowered its 2026 revenue guidance to $300 million–$350 million, citing a planned consolidation of Line 1 into the Thorn Hill facility that will temporarily reduce production and revenue.
• Second-quarter revenue reached a record $68.8 million, up 351% year over year, while backlog grew to $807 million and the opportunity pipeline increased 31% year over year to $24.6 billion, or nearly 112 GWh.
• Management expects Thorn Hill consolidation to reduce conversion costs by an additional 10%–15%, with an estimated nine-month payback, while a unified manufacturing footprint is intended to support volume growth and margin expansion in 2027.
• Despite seven consecutive quarters of gross-margin improvement, adjusted gross margin remained deeply negative at 62%, and adjusted EBITDA was negative $71.4 million; management is targeting more than 72 percentage points of adjusted gross-margin improvement over the next 12 months.
• The installed fleet has discharged 6.5 GWh across more than 3.9 million cycles, with average round-trip efficiency of 78% and demonstrated performance above 90% on some cycles, supporting Eos’s claims of improving reliability and bankability.

Eos Energy Enterprises Stock Performance

NASDAQ:EOSE traded down $0.56 during mid-day trading on Wednesday, hitting $3.79. 38,939,556 shares of the company’s stock traded hands, compared to its average volume of 25,807,842. Eos Energy Enterprises has a 1 year low of $3.11 and a 1 year high of $19.86. The company has a market cap of $1.29 billion, a PE ratio of -0.57 and a beta of 2.75. The firm’s 50 day simple moving average is $5.68 and its 200 day simple moving average is $7.70.

Insider Activity at Eos Energy Enterprises

In other Eos Energy Enterprises news, CAO Sumeet Puri sold 29,167 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $3.36, for a total transaction of $98,001.12. Following the sale, the chief accounting officer directly owned 202,279 shares of the company’s stock, valued at $679,657.44. This trade represents a 12.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Nathan Kroeker sold 110,417 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $3.36, for a total transaction of $371,001.12. Following the completion of the transaction, the insider directly owned 887,527 shares of the company’s stock, valued at approximately $2,982,090.72. This represents a 11.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 456,307 shares of company stock valued at $1,882,877 in the last ninety days. 1.73% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its position in Eos Energy Enterprises by 3,843.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,524 shares of the company’s stock worth $29,000 after purchasing an additional 2,460 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in shares of Eos Energy Enterprises by 58.8% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,700 shares of the company’s stock valued at $31,000 after buying an additional 1,000 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Eos Energy Enterprises in the 4th quarter valued at about $94,000. Advisory Services Network LLC acquired a new position in shares of Eos Energy Enterprises in the 3rd quarter valued at $106,000. Finally, Oxford Asset Management LLP acquired a new stake in shares of Eos Energy Enterprises in the fourth quarter worth $116,000. Institutional investors and hedge funds own 54.87% of the company’s stock.

Wall Street Analysts Forecast Growth

EOSE has been the subject of a number of research analyst reports. TD Cowen lifted their target price on Eos Energy Enterprises from $7.00 to $8.00 and gave the company a “hold” rating in a research report on Thursday, May 14th. Truist Financial assumed coverage on shares of Eos Energy Enterprises in a report on Monday, July 13th. They issued a “buy” rating and a $7.00 price objective on the stock. Needham & Company LLC began coverage on shares of Eos Energy Enterprises in a research report on Friday, May 22nd. They set a “buy” rating and a $11.00 price objective for the company. Zacks Research raised Eos Energy Enterprises from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Wall Street Zen cut Eos Energy Enterprises from a “hold” rating to a “sell” rating in a research report on Saturday, July 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $9.17.

About Eos Energy Enterprises

Eos Energy Enterprises specializes in the development and deployment of scalable, long-duration energy storage systems designed to support the integration of renewable power and enhance grid reliability. The company’s core technology centers on its proprietary zinc hybrid cathode (Znyth™) battery platform, which aims to deliver safe, low-cost, and durable performance for utility, commercial and industrial, and microgrid applications.

The company’s flagship product, the Aurora™ energy storage system, combines its Znyth™ cells with modular power conversion and controls to offer flexible capacity ranging from one to three hours of discharge duration.