In last trading session, Bloom Energy Corp (NYSE:BE) saw 4.83 million shares changing hands with its beta currently measuring 3.04. Company’s recent per share price level of $23.46 trading at -$1.31 or -5.29% at ring of the bell on the day assigns it a market valuation of $5.36B. That closing price of BE’s stock is at a discount of -22.34% from its 52-week high price of $28.70 and is indicating a premium of 64.15% from its 52-week low price of $8.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.32 million shares which gives us an average trading volume of 8.38 million if we extend that period to 3-months.
For Bloom Energy Corp (BE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.3 in the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Bloom Energy Corp (NYSE:BE) trade information
Upright in the red during last session for losing -5.29%, in the last five days BE remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $23.46 price level, adding 13.3% to its value on the day. Bloom Energy Corp’s shares saw a change of 58.51% in year-to-date performance and have moved -0.59% in past 5-day. Bloom Energy Corp (NYSE:BE) showed a performance of 2.85% in past 30-days. Number of shares sold short was 42.62 million shares which calculate 3.23 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 19.5 to the stock, which implies a fall of -20.31% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 57.37% in reaching the projected high whereas dropping to the targeted low would mean a gain of 57.37% for stock’s current value.
Bloom Energy Corp (BE) estimates and forecasts
Statistics highlight that Bloom Energy Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 67.45% of value to its shares in past 6 months, showing an annual growth rate of 180.00% while that of industry is -8.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 6.07% from the last financial year’s standing.
20 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 509.3M for the same. And 12 analysts are in estimates of company making revenue of 302.09M in the next quarter. Company posted 356.92M and 235.3M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.66% during past 5 years.
Bloom Energy Corp (NYSE:BE)’s Major holders
Insiders are in possession of 13.18% of company’s total shares while institution are holding 83.30 percent of that, with stock having share float percentage of 95.95%. Investors also watch the number of corporate investors in a company very closely, which is 83.30% institutions for Bloom Energy Corp that are currently holding shares of the company. AMERIPRISE FINANCIAL INC is the top institutional holder at BE for having 40.76 million shares of worth $498.96 million. And as of 2024-06-30, it was holding 18.0704 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 18.99 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4191 of outstanding shares, having a total worth of $232.47 million.
