Bloom Energy Corp (NYSE:BE) has a beta value of 3.22 and has seen 4.44 million shares traded in the last trading session. The company, currently valued at $3.78B, closed the last trade at $16.38 per share which meant it lost -$0.62 on the day or -3.65% during that session. The BE stock price is -82.11% off its 52-week high price of $29.83 and 44.93% 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 7.23 million shares traded. The 3-month trading volume is 7.11 million shares.
The consensus among analysts is that Bloom Energy Corp (BE) is Buy stock at the moment, with a recommendation rating of 2.32. 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. The expected earnings per share for the stock is -0.05.
Bloom Energy Corp (NYSE:BE) trade information
Sporting -3.65% in the red in last session, 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 $16.38 or saw a rise of 13.33%. Year-to-date, Bloom Energy Corp shares have moved -26.25%, while the 5-day performance has seen it change -7.14%. Over the past 30 days, the shares of Bloom Energy Corp (NYSE:BE) have changed -35.54%. Short interest in the company has seen 47.68 million shares shorted with days to cover at 7.05.
Wall Street analysts have a consensus price target for the stock at $26, which means that the shares’ value could jump 37.0% from current levels. 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 current price level is -89.26% off the targeted high while a plunge would see the stock gain -19.05% from current levels.
Bloom Energy Corp (BE) estimates and forecasts
The company’s shares have gained 57.35% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 17.37%.
18 analysts offering their estimates for the company have set an average revenue estimate of 293.76M for the current quarter. 17 have an estimated revenue figure of 389.34M for the next ending quarter. Year-ago sales stood 235.3M and 335.77M respectively for this quarter and the next, and analysts expect sales will grow by 24.84% for the current quarter and 17.37% for the next.
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 35.97% while over the next 5 years, the company’s earnings are expected to increase by 66.86%.
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 12.81% of the company shares, while shares held by institutions stand at 85.56% with a share float percentage of 98.14%. Investors are also buoyed by the number of investors in a company, with Bloom Energy Corp having a total of 524.0 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 8.3605% 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 $423.02 million while later fund manager owns 6.01 shares of worth $98.4 million as of Dec 31, 2024 , which makes it owner of about 2.61% of company’s outstanding stock.
