Bloom Energy Corp’s (BE): Have You Analyzed Stock’s Trends & Performance

In the last trading session, 6.7 million shares of the Bloom Energy Corp (NYSE:BE) were traded, and its beta was 2.80. Most recently the company’s share price was $9.32, and it changed around -$0.31 or -3.22% from the last close, which brings the market valuation of the company to $2.10B. BE currently trades at a discount to its 52-week high of $18.76, offering almost -101.29% off that amount. The share price’s 52-week low was $8.41, which indicates that the current value has risen by an impressive 9.76% since then. We note from Bloom Energy Corp’s average daily trading volume that its 3-month average coming to 5.87 million.

Bloom Energy Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.15. If we narrow it down even further, the data shows that 1 out of 9 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended BE as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Bloom Energy Corp is expected to report earnings per share of $GE Aerospace for the current quarter.

Bloom Energy Corp (NYSE:BE) trade information

Instantly BE has showed a red trend with a performance of -3.22% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -37.03% year-to-date, but still down -8.98% over the last five days. On the other hand, Bloom Energy Corp (NYSE:BE) is -5.09% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $25.27, which translates to bulls needing to increase their stock price by 63.12% from its current value. Analyst projections state that BE is forecast to be at a low of $11 and a high of $35.

Bloom Energy Corp (BE) estimates and forecasts

Bloom Energy Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -21.94 percent over the past six months and at a 240.00% annual growth rate that is well above the industry average of 11.20%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 22.66%.