Bloom Energy - BE Stock Forecast, Price & News

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, 10 buy ratings and 1 strong buy rating 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.

15 equities research analysts have issued 1-year price targets for Bloom Energy's stock. Their BE share price forecasts range from $20.00 to $40.00. On average, they expect the company's share price to reach $29.93 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
View analysts price targets for BE or view top-rated stocks among Wall Street analysts.

Bloom Energy's stock was trading at $19.12 at the beginning of 2023. Since then, BE shares have increased by 30.4% and is now trading at $24.93.
View the best growth stocks for 2023 here.

Bloom Energy saw a increase in short interest in December. As of December 30th, there was short interest totaling 18,030,000 shares, an increase of 9.5% from the December 15th total of 16,460,000 shares. Based on an average daily volume of 2,510,000 shares, the days-to-cover ratio is presently 7.2 days.
View Bloom Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our BE earnings forecast.

Bloom Energy will be holding an earnings conference call on Thursday, February 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "527751".

Bloom Energy Co. (NYSE:BE) released its quarterly earnings data on Thursday, November, 3rd. The company reported ($0.33) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.12. The firm had revenue of $292.27 million for the quarter, compared to analysts' expectations of $277.53 million. Bloom Energy had a negative net margin of 26.65% and a negative trailing twelve-month return on equity of 80,741.48%.

Bloom Energy updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.10 billion-$1.15 billion, compared to the consensus revenue estimate of $1.13 billion.

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.

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).

(BE) raised $378 million in an IPO 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 served as the underwriters for the IPO and Baird, Cowen, HSBC, Oppenheimer and Raymond James were co-managers.

Bloom Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "BE."

Bloom Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.49%), DNB Asset Management AS (0.13%), Defender Capital LLC. (0.08%), Quaero Capital S.A. (0.06%), Natixis Advisors L.P. (0.05%) and Family CFO Inc (0.04%). Insiders that own company stock include Canada Pension Plan Investment, Christopher White, Glen Griffiths, Gregory D Cameron, Gregory D Cameron, Guillermo Brooks, Hari Pillai, Jeffrey R Immelt, John T Chambers, Kr Sridhar, Randy W Furr, Sharelynn Faye Moore, Shawn Marie Soderberg, Susan Seilheimer Brennan and Swaminathan Venkataraman.
View institutional ownership trends.

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.

One share of BE stock can currently be purchased for approximately $24.93.

Bloom Energy (NYSE:BE) has a market capitalization of $4.87 billion and generates $1.08 billion in revenue each year. The company earns $-164,450,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis.

The company employs 1,719 workers across the globe.

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.