In last trading session, Bloom Energy Corp (NYSE:BE) saw 3.58 million shares changing hands with its beta currently measuring 3.24. Company’s recent per share price level of $21.12 trading at -$0.12 or -0.56% at ring of the bell on the day assigns it a market valuation of $4.87B. That closing price of BE’s stock is at a discount of -41.24% from its 52-week high price of $29.83 and is indicating a premium of 57.29% from its 52-week low price of $9.02. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.24 million shares which gives us an average trading volume of 6.60 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 2.35. 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.
Bloom Energy Corp (NYSE:BE) trade information
Upright in the red during last session for losing -0.56%, in the last five days BE remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $21.12 price level, adding 4.48% to its value on the day. Bloom Energy Corp’s shares saw a change of -4.91% in year-to-date performance and have moved -5.21% in past 5-day. Bloom Energy Corp (NYSE:BE) showed a performance of -6.96% in past 30-days. Number of shares sold short was 53.48 million shares which calculate 7.78 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 25.25 to the stock, which implies a rise of 16.36% to its current value. Analysts have been projecting 19.5 as a low price target for the stock while placing it at a high target of 31. It follows that stock’s current price would jump 7.67% in reaching the projected high whereas dropping to the targeted low would mean a gain of 7.67% for stock’s current value.
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 45.46% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 40.50% while estimates for its earnings growth in next 5 years are of 70.61%.
Bloom Energy Corp (NYSE:BE)’s Major holders
Insiders are in possession of 13.44% of company’s total shares while institution are holding 85.59 percent of that, with stock having share float percentage of 98.88%. Investors also watch the number of corporate investors in a company very closely, which is 85.59% 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 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.
