Bloom Energy - BE Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bloom Energy in the last twelve months. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BE shares.
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12 Wall Street research analysts have issued 12 month target prices for Bloom Energy's stock. Their BE share price forecasts range from $20.00 to $40.00. On average, they anticipate the company's stock price to reach $32.23 in the next twelve months. This suggests a possible upside of 56.8% from the stock's current price.
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Bloom Energy's stock was trading at $21.93 on January 1st, 2022. Since then, BE stock has decreased by 6.3% and is now trading at $20.55.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Bloom Energy Co. (NYSE:BE) released its quarterly earnings results on Tuesday, August, 9th. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.33) by $0.06. The company earned $243.24 million during the quarter, compared to the consensus estimate of $228.30 million. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.34) earnings per share.

Bloom Energy issued an update on its FY 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share (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 acted 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."

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.
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One share of BE stock can currently be purchased for approximately $20.55.

Bloom Energy (NYSE:BE) has a market capitalization of $3.66 billion and generates $972.18 million in revenue each year. The company earns $-164,450,000.00 in net income (profit) each year or ($1.60) 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.