
Eos Energy Enterprises posted mixed preliminary Q3 results with sales exceeding expectations but a surprising drop in backlog. Although gross margins improved significantly, the company is expected to miss near-term management targets, which may pressure liquidity next year. Despite better-than-expected sales, Eos Energy lowered its full-year revenue forecast for the second straight quarter. The stock, near multi-year lows, is not considered a bargain, leading to a price target cut from $5.50 to $1.75 and a maintained "Hold" rating.
Eos Energy Enterprises shares rose by 2.98% on Pluang, trading at USD 1.73 as of Oct 26, 2026 10:31 WIB. The stock's market cap stands at $628.19 million with a typical hold time of 18 days on the platform.