Eos Energy tumbles after Q2 rev miss, narrowed 2026 rev guidance
EOSE•Guidance narrowed for 2026
The company tightened 2026 revenue guidance to $300 million-$350 million from $300 million-$400 million, reflecting the timing of manufacturing consolidation plans at its Thorn Hill facility to improve efficiency.
Shares fall after quarterly results
Energy storage systems provider Eos Energy's EOSE.O shares were down 18.9% to $3.53 premarket on Wednesday after quarterly results.
Pittsburgh, Pennsylvania-based firm reports Q2 revenue more than quadrupled year over year to $68.8 million, below the consensus view of $69.4 million, according to LSEG data.
Loss widens on fair value adjustments
Net loss attributable to shareholders widened to $274.7 million from $222.9 million a year ago, primarily driven by mark-to-market fair value adjustments tied to its quarter-end stock price.
Analyst views and recent stock performance
Four of 11 analysts rate the stock "strong buy" or "buy" and seven rate it "hold"; the median price target is $8.
The stock had risen about 29% over the past two sessions, leaving it down 62% year to date through Tuesday's close.
