Eos Energy (EOSE) Hits Fresh High as New Software to Support Growing Energy Demand from AI

We recently published 10 Stocks with Surprising Gains. Eos Energy Enterprises, Inc. (NASDAQ:EOSE) is one of the best performers on Friday.

Eos Energy jumped by a second day on Friday to hit a new all-time high, as investors took heart from the launch of a new software that aims to easily manage large-scale energy storage .

During the session, the stock surged to its highest price of $8.24 before slightly pulling back to end the day just up by 13.57 percent at $8.20 apiece.

Eos Energy (EOSE) Hits Fresh High as New Software to Support Growing Energy Demand from AI

Earlier this week, Eos Energy Enterprises, Inc. (NASDAQ:EOSE) unveiled the DawnOS—a new system built with advanced analytics and real-time operational intelligence. It utilizes advanced State of Charge (SoC) to accurately track available energy, State of Health (SoH) to detect and correct imbalances between battery strings, reducing operating costs, and State of Energy (SoE) algorithms to estimate site-wide energy capacity, enabling precise grid dispatch, revenue optimization, and improved grid coordination.

According to Eos Energy Enterprises, Inc. (NASDAQ:EOSE), DawnOS enables superior distributed control down to the independent battery module level, driving better system balancing, automated operations, and increased site availability.

As the company caters to the larger commercial and industrial customers, the DawnOS is a huge support to the increased demand for energy from the growing artificial intelligence sector, by making the large-scale battery storage systems more reliable and secure.

While we acknowledge the risk and potential of EOSE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EOSE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.