NYSE:BE Bloom Energy (BE) Stock Forecast, Price & News $15.20 -0.57 (-3.61%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$15.05▼$15.8650-Day Range$12.72▼$20.1652-Week Range$12.33▼$31.47Volume6.64 million shsAverage Volume3.50 million shsMarket Capitalization$3.17 billionP/E RatioN/ADividend YieldN/APrice Target$27.91 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial MediaSustainability Bloom Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside83.5% Upside$27.91 Price TargetShort InterestBearish10.62% of Shares Sold ShortDividend StrengthN/ASustainability-1.26Upright™ Environmental ScoreNews Sentiment0.82Based on 7 Articles This WeekInsider TradingSelling Shares$4.22 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.79) to ($0.22) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsOils/Energy Sector160th out of 245 stocksElectrical Industrial Apparatus Industry4th out of 9 stocks 3.4 Analyst's Opinion Consensus RatingBloom Energy has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 11 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.91, Bloom Energy has a forecasted upside of 83.5% from its current price of $15.21.Amount of Analyst CoverageBloom Energy has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.62% of the outstanding shares of Bloom Energy have been sold short.Short Interest Ratio / Days to CoverBloom Energy has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Bloom Energy has recently increased by 23.00%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBloom Energy does not currently pay a dividend.Dividend GrowthBloom Energy does not have a long track record of dividend growth. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBloom Energy has received a 8.81% net impact score from Upright. The largest positive contribution comes from its "GHG emissions" impact, which is mostly driven by its "Carbon capture and storage equipment", "Electricity produced with biofuels", and "Solid oxide fuel cells" products. See details.Environmental SustainabilityThe Environmental Impact score for Bloom Energy is -1.26. Previous Next 2.7 News and Social Media Coverage News SentimentBloom Energy has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Bloom Energy this week, compared to 7 articles on an average week.Search InterestOnly 21 people have searched for BE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows14 people have added Bloom Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bloom Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,223,800.00 in company stock.Percentage Held by InsidersOnly 8.81% of the stock of Bloom Energy is held by insiders.Percentage Held by Institutions79.55% of the stock of Bloom Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Bloom Energy are expected to grow in the coming year, from ($0.79) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloom Energy is -9.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bloom Energy is -9.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBloom Energy has a P/B Ratio of 8.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bloom Energy (NYSE:BE) StockBloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.Read More Receive BE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bloom Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address BE Stock News HeadlinesJune 7, 2023 | msn.comBloom Energy Jumps after New Fuel Cell DeploymentJune 7, 2023 | msn.comBloom Energy scores first U.K. deployment of its fuel cell technologyJune 9, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.June 6, 2023 | msn.comGenshin Impact: 5 Best Bloom TeamJune 6, 2023 | markets.businessinsider.comCredit Suisse Keeps Their Buy Rating on Bloom Energy (BE)June 3, 2023 | yahoo.comLeyna Bloom on Being Enough As You Are and Celebrating Women of Different BackgroundsJune 1, 2023 | finance.yahoo.comGreenBiz Launches Bloom 23 to Highlight How Business Leadership Can Confront the Climate and Biodiversity CrisesJune 1, 2023 | msn.comBord Bia Bloom 2023: Everything you need to know about Ireland’s largest gardening festivalJune 9, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.June 1, 2023 | msn.comBloom 2023: Festival organisers promise it won’t be 'bigger' but vowed it will be 'better'May 30, 2023 | markets.businessinsider.com11 Analysts Have This to Say About Bloom EnergyMay 30, 2023 | americanbankingnews.comBloom Energy Co. (NYSE:BE) Sees Significant Growth in Short InterestMay 27, 2023 | americanbankingnews.comBloom Energy (NYSE:BE) PT Lowered to $18.50 at BMO Capital MarketsMay 26, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Bloom Energy Co. (NYSE:BE) Lowered by KeyCorpMay 26, 2023 | americanbankingnews.comBloom Energy (NYSE:BE) Stock Price Down 6.3% on Analyst DowngradeMay 25, 2023 | fool.comBloom Energy (NYSE: BE)May 24, 2023 | msn.comBMO Capital Maintains Bloom Energy Corp - (BE) Market Perform RecommendationMay 22, 2023 | americanbankingnews.comBloom Energy (NYSE:BE) Upgraded at JPMorgan Chase & Co.May 20, 2023 | msn.comJP Morgan Upgrades Bloom Energy Corp - (BE)May 19, 2023 | investing.comBloom Energy rallies after JPMorgan upgrade as pullback represents buying opportunityMay 19, 2023 | msn.comBloom Energy raised to Buy at J.P. Morgan as pullback presents opportunityMay 19, 2023 | msn.comBloom Energy (NYSE:BE) Stock Rises as JPMorgan Turns BullishMay 19, 2023 | cnbc.comJPMorgan says there's a big buying opportunity in this clean energy stock, sees more than 45% upsideMay 19, 2023 | americanbankingnews.comBloom Energy (NYSE:BE) Given New $25.00 Price Target at Jefferies Financial GroupMay 18, 2023 | americanbankingnews.comSharelynn Faye Moore Sells 6,002 Shares of Bloom Energy Co. (NYSE:BE) StockMay 18, 2023 | americanbankingnews.comInsider Selling: Bloom Energy Co. (NYSE:BE) CEO Sells 42,239 Shares of StockMay 17, 2023 | marketwatch.com8-K: Bloom Energy CorpSee More Headlines BE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BE Company Calendar Last Earnings2/09/2023Today6/08/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electrical industrial apparatus Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:BE CUSIP074002106 CIK1113247 Webwww.bloomenergy.com Phone(408) 543-1500FaxN/AEmployees2,530Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.91 High Stock Price Forecast$40.00 Low Stock Price Forecast$18.50 Forecasted Upside/Downside+83.5%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)($1.56) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-301,410,000.00 Net Margins-23.14% Pretax Margin-24.07% Return on Equity-81.47% Return on Assets-9.30% Debt Debt-to-Equity Ratio1.88 Current Ratio1.61 Quick Ratio1.10 Sales & Book Value Annual Sales$1.20 billion Price / Sales2.64 Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book8.26Miscellaneous Outstanding Shares208,540,000Free Float190,168,000Market Cap$3.17 billion OptionableOptionable Beta2.86 Key ExecutivesK. R. SridharChairman & Chief Executive OfficerGregory CameronPresident & Chief Financial OfficerRavi PrasherChief Technology OfficerShawn Marie SoderbergSecretary, Executive VP & General CounselSonja Michelle WilkersonChief Human Resources Officer & Executive VPKey CompetitorsRice Acquisition Corp. IINYSE:RONIFuelCell EnergyNASDAQ:FCELEnerplusNYSE:ERFKosmos EnergyNYSE:KOSHelmerich & PayneNYSE:HPView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 10,503 shares on 5/26/2023Ownership: 0.016%New York State Common Retirement FundSold 31,937 shares on 5/18/2023Ownership: 0.046%Rockefeller Capital Management L.P.Bought 1,034 shares on 5/17/2023Ownership: 0.059%Shawn Marie SoderbergSold 1,499 sharesTotal: $19,801.79 ($13.21/share)Sharelynn Faye MooreSold 6,002 sharesTotal: $79,286.42 ($13.21/share)View All Insider TransactionsView All Institutional Transactions BE Stock - Frequently Asked Questions Should I buy or sell Bloom Energy stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bloom Energy in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BE shares. View BE analyst ratings or view top-rated stocks. What is Bloom Energy's stock price forecast for 2023? 15 Wall Street research analysts have issued 1-year target prices for Bloom Energy's shares. Their BE share price forecasts range from $18.50 to $40.00. On average, they anticipate the company's stock price to reach $27.91 in the next twelve months. This suggests a possible upside of 83.5% from the stock's current price. View analysts price targets for BE or view top-rated stocks among Wall Street analysts. How have BE shares performed in 2023? Bloom Energy's stock was trading at $19.12 at the start of the year. Since then, BE shares have decreased by 20.5% and is now trading at $15.2050. View the best growth stocks for 2023 here. Are investors shorting Bloom Energy? Bloom Energy saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 22,140,000 shares, an increase of 23.0% from the April 30th total of 18,000,000 shares. Based on an average trading volume of 3,700,000 shares, the short-interest ratio is presently 6.0 days. View Bloom Energy's Short Interest. When is Bloom Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our BE earnings forecast. How were Bloom Energy's earnings last quarter? Bloom Energy Co. (NYSE:BE) released its earnings results on Thursday, February, 9th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.01. The company had revenue of $462.60 million for the quarter, compared to analyst estimates of $398.36 million. Bloom Energy had a negative net margin of 23.14% and a negative trailing twelve-month return on equity of 81.47%. Bloom Energy's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.16) earnings per share. What ETFs hold Bloom Energy's stock? ETFs with the largest weight of Bloom Energy (NYSE:BE) stock in their portfolio include Global X Hydrogen ETF (HYDR), Defiance Next Gen H2 ETF (HDRO), Direxion Hydrogen ETF (HJEN), ProShares S&P Kensho Cleantech ETF (CTEX), Global X CleanTech ETF (CTEC), SPDR S&P Kensho Clean Power ETF (CNRG), SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Columbia Seligman Semiconductor and Technology ETF (SEMI). What guidance has Bloom Energy issued on next quarter's earnings? Bloom Energy issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.40 billion-$1.50 billion, compared to the consensus revenue estimate of $1.47 billion. What is K.R. Sridhar's approval rating as Bloom Energy's CEO? 95 employees have rated Bloom Energy Chief Executive Officer K.R. Sridhar on Glassdoor.com. K.R. Sridhar has an approval rating of 52% among the company's employees. This puts K.R. Sridhar in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Bloom Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Bloom Energy investors own include Advanced Micro Devices (AMD), Micron Technology (MU), Ballard Power Systems (BLDP), FuelCell Energy (FCEL), NIO (NIO), AbbVie (ABBV), QUALCOMM (QCOM), Plug Power (PLUG), Pfizer (PFE) and Tesla (TSLA). When did Bloom Energy IPO? (BE) raised $378 million in an initial public offering on Wednesday, July 25th 2018. The company issued 18,000,000 shares at a price of $20.00-$22.00 per share. J.P. Morgan, Morgan Stanley, Credit Suisse, KeyBanc Capital Markets and BofA Merrill Lynch acted as the underwriters for the IPO and Baird, Cowen, HSBC, Oppenheimer and Raymond James were co-managers. What is Bloom Energy's stock symbol? Bloom Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "BE." Who are Bloom Energy's major shareholders? Bloom Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.26%), Clearbridge Investments LLC (2.98%), State Street Corp (2.23%), Geode Capital Management LLC (1.67%), Two Sigma Advisers LP (1.21%) and Two Sigma Investments LP (1.02%). Insiders that own company stock include Canada Pension Plan Investment, Christopher White, Eddy Zervigon, Glen Griffiths, Gregory D Cameron, Gregory D Cameron, Guillermo Brooks, Hari Pillai, Jeffrey R Immelt, John T Chambers, Kr Sridhar, Sharelynn Faye Moore, Shawn Marie Soderberg, Susan Seilheimer Brennan and Swaminathan Venkataraman. View institutional ownership trends. How do I buy shares of Bloom Energy? Shares of BE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Bloom Energy's stock price today? One share of BE stock can currently be purchased for approximately $15.21. How much money does Bloom Energy make? Bloom Energy (NYSE:BE) has a market capitalization of $3.17 billion and generates $1.20 billion in revenue each year. The company earns $-301,410,000.00 in net income (profit) each year or ($1.56) on an earnings per share basis. How many employees does Bloom Energy have? The company employs 2,530 workers across the globe. How can I contact Bloom Energy? Bloom Energy's mailing address is 4353 NORTH FIRST STREET, SAN JOSE CA, 95134. The official website for the company is www.bloomenergy.com. The company can be reached via phone at (408) 543-1500 or via email at mark.mesler@bloomenergy.com. 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