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Needham Adjusts Eos Energy Enterprises Price Target

Oct 21, 2026, 9:31 PM

Needham has lowered its price target for Eos Energy Enterprises, Inc. (EOSE) from $10.00 to $6.00 per share.

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The Motley FoolOct 19, 2026, 5:30 PMScott Levine
Why EOS Energy Soared as Much as 11% Today
EOS Energy (EOSE) stock initially surged 11% after announcing preliminary Q3 2026 results showing 170% year-over-year revenue growth to $82-83 million and a $765 million backlog (up 18.8% YoY). However, enthusiasm waned and shares retreated to down 2.3% by afternoon. The company expects negative 53-55% gross margins but projects 17 percentage point improvement from Q2. Full Q3 results will be reported on November 5.
EOSE EOSEW
BenzingaOct 19, 2026, 12:33 PMBenzinga Newsdesk
Eos Energy Enterprises Reports Preliminary Q3 Revenue Of $82M To $83M, Representing ~19% To 21% Sequential Growth And ~169% To 172% YoY Growth
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
EOSE
BenzingaOct 19, 2026, 12:32 PMBenzinga Newsdesk
Eos Energy Enterprises Now Expects FY26 Revenue In Lower Half Of Its $300M To $350M Range
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
EOSE