Name of opportunity: 👀
Eos Energy Enterprises Inc
$8 million project secured 🤝
Eos Energy has seen a price increase in the past day, going up by 26.14%. This might be because the company has recently announced that they have secured a BESS order for San Diego's Naval Base.
Eos Energy is a growth stock, meaning this company is focused on expanding its operations. Analysts are currently recommending this stock as a ‘buy’.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Eos Energy might increase from $4.97 to $6.58 in the next 12 months. If you invested $1000, you might profit $324.61.
Eos Energy’s Naval Base project might be one of the reasons behind the recent price increase. This project has been said to strengthen U.S. national security, and is fully funded from the California Energy Commission (CEC). This strategic project might have attracted investors to Eos Energy, resulting in a significant price increase. It will involve the base installing Eos Z3™ Cubes, an energy storage solution that ensures that energy is always reliable even during outages.
Another reason why this stock has risen in price recently might be because of their Q4 2024 earnings report. Despite the company missing expectations, Q4 revenue was still up by 10% year-over-year. The company has also set strong guidance for 2025, with revenue projected at $150-$190 million. Investors might be intrigued by the future of this stock.
Battery manufacturing company 🔋
Eos Energy Enterprises, Inc. designs, develops, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial applications. The company is headquartered in New Jersey, United States.
Which neme?: 🔍
‘Top Gainers Today’, ‘Stocks On The Move’
Download Nemo Money to check out Eos Energy. New users can grab our registration bonus up to a maximum of $50 on first deposit. Terms and conditions apply.
