Bloom Energy (BE) Projected to Post Earnings on Wednesday

Bloom Energy (NYSE:BE - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $294.27 million for the quarter.

Bloom Energy Stock Up 0.2 %

BE stock traded up $0.04 during trading on Monday, hitting $18.97. 1,950,148 shares of the stock traded hands, compared to its average volume of 6,690,909. The firm's 50 day moving average is $21.11 and its two-hundred day moving average is $20.93. The company has a debt-to-equity ratio of 3.09, a current ratio of 3.36 and a quick ratio of 2.33. Bloom Energy has a 1 year low of $9.02 and a 1 year high of $29.83. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of -33.87 and a beta of 3.27.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 1,020 shares of the firm's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $25.09, for a total transaction of $25,591.80. Following the transaction, the insider now owns 178,656 shares of the company's stock, valued at approximately $4,482,479.04. This trade represents a 0.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 8.81% of the company's stock.

Analysts Set New Price Targets

BE has been the subject of several recent analyst reports. Mizuho began coverage on shares of Bloom Energy in a report on Tuesday, March 18th. They issued a "neutral" rating and a $28.00 target price for the company. Royal Bank of Canada set a $26.00 price target on Bloom Energy in a report on Monday, April 14th. Jefferies Financial Group reduced their price objective on shares of Bloom Energy from $25.00 to $19.00 and set a "hold" rating on the stock in a research report on Wednesday, April 16th. BMO Capital Markets reissued a "market perform" rating on shares of Bloom Energy in a report on Friday, February 28th. Finally, TD Cowen boosted their target price on Bloom Energy from $13.00 to $20.00 and gave the stock a "hold" rating in a research report on Friday, February 28th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $22.97.

Bloom Energy Company Profile

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.