$Eos Energy Enterprises Inc.(EOSE)$ If EOS could secure more manufacturing capacity to work through that $800 million backlog and convert more of the $24 billion pipeline, that would be something. Actually, their new Thorn Hill facility is already operational and starting to scale. EOSE was at $18 per share just 10 months ago, when operating capacity and backlog were both much smaller. Production and margin gains should ramp up significantly soon. They are close to running at full production capacity around the clock, with just some staffing and training tasks left to reach that goal. Now that they have partnered with $Alphabet(GOOG)$ on powering data centers, it is hard to say how fast they could grow beyond the current 160% annual growth rate. Q3 revenue was indicated early at $82 million, above analyst expectations, and Q3 margins improved 17 points. The setup is there for EOSE to potentially 10x from here within a year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
