Bloom Energy Corp (NYSE: BE): Can A Stock That’s Down -35.47% YTD Still Be Considered In Loss Territory?

During the last session, Bloom Energy Corp (NYSE:BE)’s traded shares were 5.05 million, with the beta value of the company hitting 2.81. At the end of the trading day, the stock’s price was $9.55, reflecting an intraday loss of -0.93% or -$0.09. The 52-week high for the BE share is $18.76, that puts it down -96.44 from that peak though still a striking 11.94% gain since the share price plummeted to a 52-week low of $8.41. The company’s market capitalization is $2.16B, and the average trade volume was 5.89 million shares over the past three months.

Bloom Energy Corp (NYSE:BE) trade information

Bloom Energy Corp (BE) registered a -0.93% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.93% in intraday trading to $9.55, hitting a weekly high. The stock’s 5-day price performance is -2.05%, and it has moved by -11.57% in 30 days. Based on these gigs, the overall price performance for the year is -43.89%.

Bloom Energy Corp (BE) estimates and forecasts

Statistics show that Bloom Energy Corp has outperformed its competitors in share price, compared to the industry in which it operates. Bloom Energy Corp (BE) shares have gone down -18.72% during the last six months, with a year-to-date growth rate more than the industry average at 260.00% against 8.30. In the rating firms’ projections, revenue will increase 11.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 250.21M as predicted by 20 analyst(s). Meanwhile, a consensus of 19 analyst(s) estimates revenue growth to 335.69M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 22.66%. While earnings are projected to return 220.80% in 2024.

BE Dividends

Bloom Energy Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Bloom Energy Corp (NYSE:BE)’s Major holders