Driehaus Discloses $110 Million Eos Energy Buy as Analysts Turn Cautious

Overview

• A February 17 SEC filing shows Driehaus Capital added 7.70 million Eos Energy shares in an estimated $110.72 million trade.
• The fund reported a quarter‑end stake of 14.27 million shares following the purchase.
• Eos shares traded at $6.12 on Friday, nearly 50% higher than a year ago and ahead of the S&P 500’s gain over the same period.
• The stock has dropped about 47% since last quarter after softer‑than‑expected guidance, putting attention on near‑term execution.
• Analyst sentiment cooled in March, with B. Riley cutting its price target to $8 and Guggenheim downgrading to Neutral citing forecasting challenges.