In last trading session, Bloom Energy Corp (NYSE:BE) saw 3.36 million shares changing hands with its beta currently measuring 3.31. Company’s recent per share price level of $26.50 trading at $0.48 or 1.84% at ring of the bell on the day assigns it a market valuation of $6.06B. That closing price of BE’s stock is at a discount of -12.57% from its 52-week high price of $29.83 and is indicating a premium of 68.26% from its 52-week low price of $8.41.
For Bloom Energy Corp (BE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.36. 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 0.31 in the current quarter.
Bloom Energy Corp (NYSE:BE) trade information
Upright in the green during last session for gaining 1.84%, in the last five days BE remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $26.50 price level, adding 1.08% to its value on the day. Bloom Energy Corp’s shares saw a change of 19.32% in year-to-date performance and have moved 10.10% in past 5-day. Bloom Energy Corp (NYSE:BE) showed a performance of 10.79% in past 30-days.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a fall of -140.91% 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 19.5. It follows that stock’s current price would jump 62.26% in reaching the projected high whereas dropping to the targeted low would mean a gain of 62.26% for stock’s current value.
Bloom Energy Corp (BE) estimates and forecasts
This year revenue growth is estimated to rise 6.06% from the last financial year’s standing.
22 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 507.54M for the same. And 14 analysts are in estimates of company making revenue of 305.24M 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
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 17.9447 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.
