During the recent session, Bloom Energy Corp (NYSE:BE)’s traded shares were 0.44 million, with the beta value of the company hitting 3.20. At the last check today, the stock’s price was $17.40, reflecting an intraday loss of -2.41% or -$0.43. The 52-week high for the BE share is $29.83, that puts it down -71.44 from that peak though still a striking 48.16% gain since the share price plummeted to a 52-week low of $9.02. The company’s market capitalization is $4.01B, and the average intraday trading volume over the past 10 days was 8.46 million shares, and the average trade volume was 7.10 million shares over the past three months.
Bloom Energy Corp (BE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.30. BE has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 8 recommend a Buy rating for it.
Bloom Energy Corp (NYSE:BE) trade information
Bloom Energy Corp (BE) registered a -2.41% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.41% in intraday trading to $17.40, hitting a weekly high. The stock’s 5-day price performance is 3.26%, and it has moved by -28.43% in 30 days. Based on these gigs, the overall price performance for the year is 76.11%. The short interest in Bloom Energy Corp (NYSE:BE) is 47.68 million shares and it means that shorts have 7.05 day(s) to cover.
The consensus price target of analysts on Wall Street is $26, which implies an increase of 33.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19.5 and $31 respectively. As a result, BE is trading at a discount of -78.16% off the target high and -12.07% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 45.46%. While earnings are projected to return 37.08% in 2025, the next five years will return 66.86% per annum.
BE Dividends
Bloom Energy Corp is due to release its next quarterly earnings on 2025-Feb-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Bloom Energy Corp (NYSE:BE)’s Major holders
Bloom Energy Corp insiders own 12.81% of total outstanding shares while institutional holders control 85.55%, with the float percentage being 98.13%. AMERIPRISE FINANCIAL INC is the largest shareholder of the company, while 522.0 institutions own stock in it. As of 2024-06-30, the company held over 40.76 million shares (or 17.9447% of all shares), a total value of $498.96 million in shares.
The next largest institutional holding, with 18.99 million shares, is of VANGUARD GROUP INC’s that is approximately 8.4191% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $232.47 million.
Also, the Mutual Funds coming in first place with the largest holdings of Bloom Energy Corp (BE) shares are Columbia Fd.s Series TRT II-Columbia Seligman Technology and Informati and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Nov 30, 2024 indicates that Columbia Fd.s Series TRT II-Columbia Seligman Technology and Informati owns about 25.83 shares. This amounts to just over 11.21 percent of the company’s overall shares, with a $446.13 million market value. The same data shows that the other fund manager holds slightly less at 6.01, or about 2.61% of the stock, which is worth about $103.77 million.
