Bloom Energy Corp (NYSE:BE)’s traded shares stood at 5.15 million during the last session, with the company’s beta value hitting 3.31. At the close of trading, the stock’s price was $23.40, to imply an increase of 6.51% or $1.43 in intraday trading. The BE share’s 52-week high remains $29.83, putting it -27.48% down since that peak but still an impressive 64.06% since price per share fell to its 52-week low of $8.41.
Analysts have given a consensus recommendation of Buy for Bloom Energy Corp (BE), translating to a mean rating of 2.36. Of 9 analyst(s) looking at the stock, 0 analyst(s) give BE a Sell rating. 1 of those analysts rate the stock as Overweight while 0 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.31.
Bloom Energy Corp (NYSE:BE) trade information
After registering a 6.51% upside in the last session, Bloom Energy Corp (BE) has traded red over the past five days. The 5-day price performance for the stock is -11.70%, and 4.37% over 30 days. With these gigs, the year-to-date price performance is 5.36%.
The extremes give us $10 and $19.5 for target low and target high price respectively. As such, BE has been trading 16.67% off suggested target high and 57.26% from its likely low.
Bloom Energy Corp (BE) estimates and forecasts
The rating firms project that company’s revenue will grow 6.06% compared to the previous financial year.
Revenue forecast for the current quarter as set by 22 analysts is 507.54M. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 305.24M.Earnings reports from the last fiscal year show that sales brought in 356.92M and 235.3M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 42.20% before jumping 29.73% in the following quarter.
BE Dividends
Bloom Energy Corp has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Bloom Energy Corp (NYSE:BE)’s Major holders
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 18.99 million shares, or about 8.4191% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $232.47 million.
