NYSE:BEBloom Energy Stock Price, Forecast & News

Bloom Energy's stock was trading at $7.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BE shares have increased by 5.6% and is now trading at $8.08. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloom Energy in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bloom Energy.

Bloom Energy is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Bloom Energy.

Bloom Energy Corp (NYSE:BE) announced its quarterly earnings results on Monday, May, 11th. The company reported ($0.34) EPS for the quarter, topping analysts' consensus estimates of ($0.65) by $0.31. The firm had revenue of $156.70 million for the quarter, compared to analyst estimates of $152.45 million. Bloom Energy had a negative net margin of 28.37% and a negative return on equity of 1,384.87%. The business's revenue was down 22.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.22) EPS. View Bloom Energy's earnings history.

6 analysts have issued 1 year target prices for Bloom Energy's stock. Their forecasts range from $4.00 to $20.00. On average, they expect Bloom Energy's stock price to reach $10.83 in the next twelve months. This suggests a possible upside of 34.1% from the stock's current price. View analysts' price targets for Bloom Energy.

News articles about BE stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bloom Energy earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutBloom Energy.

Some companies that are related to Bloom Energy include Ballard Power Systems (BLDP), GrafTech International (EAF), Plug Power (PLUG), Hollysys Automation Technologies (HOLI), Thermon Group (THR), Ideal Power (IPWR), SCI Engineered Materials (SCIA) and China Carbon Graphite Group (CHGI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bloom Energy investors own include Ballard Power Systems (BLDP), AT&T (T), Advanced Micro Devices (AMD), Micron Technology (MU), AbbVie (ABBV), CVS Health (CVS), Applied Materials (AMAT), Alibaba Group (BABA), Energy Transfer LP Unit (ET) and IBM (IBM).

(BE) raised $378 million in an initial public offering on Wednesday, July 25th 2018. The company issued 18,000,000 shares at $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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.61%), Morgan Stanley (2.21%), Morgan Stanley (2.21%), Clearbridge Investments LLC (1.10%), State Street Corp (0.87%) and Invesco Ltd. (0.86%). Company insiders that own Bloom Energy stock include Eddy Zervigon, Enterprise Associates 10 L New, Hari Pillai, James W Roquemore, Kr Sridhar, Majesty The Queen In Right Her, Mary K Bush, Matthew Peter Ross, Randy W Furr, Shawn Marie Soderberg, Stanley Morgan, Susan Seilheimer Brennan, Swaminathan Venkataraman, Technology Ventures Adv Mobius and William Thayer. View institutional ownership trends for Bloom Energy.

BE stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Invesco Ltd., Sage Rhino Capital LLC, Deutsche Bank AG, Hunter Associates Investment Management LLC, Wells Fargo & Company MN, UBS Group AG, and State Street Corp. Company insiders that have sold Bloom Energy company stock in the last year include Hari Pillai, James W Roquemore, Kr Sridhar, Randy W Furr, Shawn Marie Soderberg, Susan Seilheimer Brennan, and Swaminathan Venkataraman. View insider buying and selling activity for Bloom Energy.

BE stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Alliancebernstein L.P., Nuveen Asset Management LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, Baird Financial Group Inc., and Voloridge Investment Management LLC. Company insiders that have bought Bloom Energy stock in the last two years include Eddy Zervigon, Enterprise Associates 10 L New, Kr Sridhar, Mary K Bush, Randy W Furr, and Susan Seilheimer Brennan. View insider buying and selling activity for Bloom Energy.

Shares of BE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BE stock can currently be purchased for approximately $8.08.

Bloom Energy has a market capitalization of $1.01 billion and generates $786.19 million in revenue each year. The company earns $-304,410,000.00 in net income (profit) each year or ($2.01) on an earnings per share basis. Bloom Energy employs 1,252 workers across the globe.

The official website for Bloom Energy is www.bloomenergy.com.

Bloom Energy's mailing address is 4353 NORTH FIRST STREET, SAN JOSE CA, 95134. The company can be reached via phone at 408-543-1500.