Eos Energy Enterprises Inc (NASDAQ:EOSE) Stock Has Fallen -17.90% YTD, What Do Analysts Anticipate Next?

In last trading session, Eos Energy Enterprises Inc (NASDAQ:EOSE) saw 2.7 million shares changing hands with its beta currently measuring 2.17. Company’s recent per share price level of $3.99 trading at -$0.02 or -0.50% at ring of the bell on the day assigns it a market valuation of $904.13M. That closing price of EOSE’s stock is at a discount of -66.42% from its 52-week high price of $6.64 and is indicating a premium of 84.71% from its 52-week low price of $0.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.45 million shares which gives us an average trading volume of 6.68 million if we extend that period to 3-months.

For Eos Energy Enterprises Inc (EOSE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information

Upright in the red during last session for losing -0.50%, in the last five days EOSE remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $3.99 price level, adding 4.09% to its value on the day. Eos Energy Enterprises Inc’s shares saw a change of -17.90% in year-to-date performance and have moved -3.16% in past 5-day. Eos Energy Enterprises Inc (NASDAQ:EOSE) showed a performance of 1.27% in past 30-days. Number of shares sold short was 68.04 million shares which calculate 11.03 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 33.5% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 49.87% in reaching the projected high whereas dropping to the targeted low would mean a gain of 49.87% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 25.80% during past 5 years.

Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders

Insiders are in possession of 2.37% of company’s total shares while institution are holding 41.28 percent of that, with stock having share float percentage of 42.28%. Investors also watch the number of corporate investors in a company very closely, which is 41.28% institutions for Eos Energy Enterprises Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at EOSE for having 8.6 million shares of worth $10.92 million. And as of 2024-06-30, it was holding 4.2713 of the company’s outstanding shares.

The second largest institutional holder is ELECTRON CAPITAL PARTNERS, LLC, which was holding about 7.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.6326 of outstanding shares, having a total worth of $9.74 million.