Added to YB: 2024-10-18
Pitch date: 2024-10-17
EOSE [bearish]
Eos Energy Enterprises, Inc.
-314.29%
current return
Author Info
Iceberg Research identifies substantial earnings misrepresentation and accounting irregularities in financial statements issued by public companies. Sign up for the newsletter.
Company Info
Eos Energy Enterprises, Inc. designs, develops, manufactures, and markets energy storage solutions for utility-scale, microgrid, and commercial and industrial applications in the United States.
Market Cap
$4.0B
Pitch Price
$3.29
Price Target
N/A
Dividend
N/A
EV/EBITDA
-26.77
P/E
-1.67
EV/Sales
88.14
Sector
Electrical Equipment
Category
N/A
EOS Energy ($EOSE): Beware the Cerberus
EOSE short: 230% surge on Cerberus deal despite worsening fundamentals. DOE loan stalled 14mo. Cerberus history of profiting at others' expense. Zinc batteries uncompetitive vs lithium. Fraudulent backlog, no customers. Options bubble reminiscent of pre-crash 2023. Cerberus likely to exit, leaving retail holding the bag.
Read full article (13 min)