Bloom Energy Corp (NYSE:BE) has a beta value of 3.25 and has seen 1.28 million shares traded in the recent trading session. The company, currently valued at $4.55B, closed the recent trade at $19.73 per share which meant it lost -$0.6 on the day or -2.95% during that session. The BE stock price is -51.19% off its 52-week high price of $29.83 and 54.28% above the 52-week low of $9.02. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.02 million shares traded. The 3-month trading volume is 6.51 million shares.
The consensus among analysts is that Bloom Energy Corp (BE) is Buy stock at the moment, with a recommendation rating of 2.35. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 0 out of 9 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
Bloom Energy Corp (NYSE:BE) trade information
Sporting -2.95% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BE stock price touched $19.73 or saw a rise of 16.93%. Year-to-date, Bloom Energy Corp shares have moved -11.17%, while the 5-day performance has seen it change -14.33%. Over the past 30 days, the shares of Bloom Energy Corp (NYSE:BE) have changed -17.86%. Short interest in the company has seen 53.48 million shares shorted with days to cover at 7.78.
Wall Street analysts have a consensus price target for the stock at $25.25, which means that the shares’ value could jump 21.86% from the levels at last check today.. The projected low price target is $19.5 while the price target rests at a high of $31.0. In that case, then, we find that the latest price level in today’s session is -57.12% off the targeted high while a plunge would see the stock lose 1.17% from the levels at last check today..
Bloom Energy Corp (BE) estimates and forecasts
The company’s shares have gained 89.53% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 45.46% over the past 5 years. Earnings growth for 2025 is a modest 40.50% while over the next 5 years, the company’s earnings are expected to increase by 70.61%.
BE Dividends
Bloom Energy Corp is expected to release its next earnings report on 2025-Feb-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bloom Energy Corp (NYSE:BE)’s Major holders
Insiders own 13.44% of the company shares, while shares held by institutions stand at 85.58% with a share float percentage of 98.87%. Investors are also buoyed by the number of investors in a company, with Bloom Energy Corp having a total of 521.0 institutions that hold shares in the company. The top two institutional holders are AMERIPRISE FINANCIAL INC with over 40.76 million shares worth more than $498.96 million. As of 2024-06-30, AMERIPRISE FINANCIAL INC held 17.9447% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 18.99 million shares as of 2024-06-30. The firm’s total holdings are worth over $232.47 million and represent 8.4191% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Columbia Fd.s Series TRT II-Columbia Seligman Technology and Informati and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Nov 30, 2024 , the former fund manager holds about 11.21% shares in the company for having 25.83 shares of worth $501.66 million while later fund manager owns 6.01 shares of worth $116.69 million as of Dec 31, 2024 , which makes it owner of about 2.61% of company’s outstanding stock.
