Eos Energy Enterprises Inc. (NASDAQ:EOSE) saw its stock soar by 5.00% during Friday's trading session, despite recently releasing disappointing third-quarter results. The renewable energy storage company's shares climbed as investors appeared to focus on analysts' optimistic long-term outlook rather than the recent earnings miss.

While Eos Energy Enterprises' Q3 results fell short of expectations, with revenues coming in 23% lower than predicted and a significant per-share loss of US$4.91, analysts remain bullish on the company's future prospects. The consensus forecast for 2026 predicts a substantial revenue growth of 623% compared to the last 12 months, reaching US$459.0m. Additionally, analysts expect the company's losses to narrow significantly, with a projected loss per share of just US$0.28 in 2026, representing a 96% improvement.

The positive outlook has led analysts to raise their consensus price target by 46% to US$14.07, suggesting considerable upside potential for the stock. Furthermore, Eos Energy Enterprises is expected to outpace its industry peers, with a forecasted annualized revenue growth rate of 4x through 2026, significantly higher than the industry average of 11%. This accelerated growth trajectory appears to be fueling investor optimism, contributing to the stock's impressive performance in today's trading session.