EOSE: This Pullback Looks Constructive

Yiannis Zourmpanos13.53K FollowersFollow5ShareSavePlay(9min)Comment(1)SummaryEos Energy Enterprises, Inc. completed a November 2025 balance sheet overhaul, adding roughly $474 million in net cash and extending debt maturities to 2031.The company raised $458 million in equity and up to $600 million in 1.75% convertible notes, replacing higher-cost 6.75% debt.Technically, EOSE stock remains in a structured uptrend, holding above rising 50-week and 200-week moving averages after a 20% pullback.Valuation appears elevated at ~32x FY2025 sales, but compresses toward ~10x on projected FY2026 revenue of $466–$560 million.Key EOSE risks center on manufacturing execution, capital structure optics, and customer project timing despite strong long-duration demand trends. Chesky_W/iStock via Getty Images Investment Thesis I remain bullish on Eos Energy Enterprises, Inc. (EOSE) because execution risk is now falling faster than the market has adjusted the valuation. Manufacturing scale is now visible, capital constraints have been removed, and long-durationThis article was written byYiannis Zourmpanos13.53K FollowersFollowHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 3-5X outweighing the downside risk). By leveraging market inefficiencies and contrarian insights, we seek to maximize long-term compounding while protecting against capital impairment.Risk management is paramount—we seek a strong margin of safety to protect against capital impairment while maximizing long-term compounding. Our 2-3 year investment horizon allows us to ride out volatility, ensuring that patience, discipline, and intelligent capital allocation drive outsized returns over time.Analyst’s Disclosure:I/we have a beneficial long position in the shares of EOSE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.