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Do Analysts Agree Friday on Eos Energy Enterprises Inc (EOSE) Stock's Target Price?

Friday, November 03, 2023 12:04 PM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Eos Energy Enterprises Inc (EOSE) Stock's Target Price?

Analysts who follow Eos Energy Enterprises Inc (EOSE) on average expect it to increase 369.54% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns Eos Energy Enterprises Inc an Analyst Ranking of 44, which means it ranks higher than 44 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.1
Wall Street analysts are rating EOSE a Strong Buy today. Find out what this means to you and get the rest of the rankings on EOSE!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Eos Energy Enterprises Inc Stock Today?

Eos Energy Enterprises Inc (EOSE) stock is trading at $1.97 as of 12:03 PM on Friday, Nov 3, an increase of $0.12, or 6.22% from the previous closing price of $1.85. The stock has traded between $1.92 and $2.09 so far today. Volume today is light. So far 2,421,769 shares have traded compared to average volume of 5,264,082 shares. Click Here to get the full Stock Report for Eos Energy Enterprises Inc stock.

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