In the latest trading session, 0.84 million Bloom Energy Corp (NYSE:BE) shares changed hands as the company’s beta touched 2.75. With the company’s most recent per share price at $12.28 changing hands around $0.48 or 4.07% at last look, the market valuation stands at $2.77B. BE’s current price is a discount, trading about -52.77% off its 52-week high of $18.76. The share price had its 52-week low at $8.41, which suggests the last value was 31.51% up since then. When we look at Bloom Energy Corp’s average trading volume, we note the 3-month average coming to 5.86 million.
Bloom Energy Corp (NYSE:BE) trade information
Instantly BE is in green as seen in intraday trades today. With action 11.74%, the performance over the past five days has been green. The jump to weekly highs of 12.29 added 4.07% to the stock’s daily price. The company’s shares are showing year-to-date downside of -17.03%, with the 5-day performance at 11.74% in the green. However, in the 30-day time frame, Bloom Energy Corp (NYSE:BE) is 5.05% up.
Bloom Energy Corp (BE) estimates and forecasts
Data shows that the Bloom Energy Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 14.13% over the past 6 months, a 260.00% in annual growth rate that is considerably higher than the industry average of 10.40%. Year-over-year growth is forecast to reach 11.90% up from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 250.21M. 19 analysts are of the opinion that Bloom Energy Corp’s revenue for the current quarter will be 335.69M. The company’s revenue for the corresponding quarters a year ago was 260.4M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.90%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 22.66%. The 2024 estimates are for Bloom Energy Corp earnings to increase by 220.80%.
