NYSE:BE Bloom Energy - BE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Bloom Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. $17.75 -0.58 (-3.16%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$17.74▼$18.6850-Day Range$17.15▼$25.6352-Week Range$11.47▼$31.47Volume2.72 million shsAverage Volume2.45 million shsMarket Capitalization$3.66 billionP/E RatioN/ADividend YieldN/APrice Target$30.40 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial MediaSustainability Bloom Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside71.3% Upside$30.40 Price TargetShort InterestHealthy8.05% of Shares Sold ShortDividend StrengthN/ASustainability-1.26Upright™ Environmental ScoreNews Sentiment0.60Based on 16 Articles This WeekInsider TradingSelling Shares$6.81 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.64) to ($0.06) 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.2.47 out of 5 starsOils/Energy Sector106th out of 242 stocksElectrical Industrial Apparatus Industry2nd out of 9 stocks 4.4 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 9 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.40, Bloom Energy has a forecasted upside of 71.3% from its current price of $17.75.Amount of Analyst CoverageBloom Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.05% 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 7.3.Change versus previous monthShort interest in Bloom Energy has recently decreased by 5.04%, indicating that investor sentiment is improving 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 2.6 News and Social Media Coverage News SentimentBloom Energy has a news sentiment score of 0.60. 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 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Bloom Energy this week, compared to 4 articles on an average week.Search InterestOnly 71 people have searched for BE on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Bloom Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% 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 $6,812,799.00 in company stock.Percentage Held by InsidersOnly 2.78% 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 ($0.64) to ($0.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bloom Energy is -10.76, 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 -10.76, 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 9.65. 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 HeadlinesMarch 22, 2023 | americanbankingnews.comBloom Energy Target of Unusually High Options Trading (NYSE:BE)March 21, 2023 | cnet.comBloom Nutrition Greens Review 2023: Is This TikTok Brand Worth It?March 22, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 21, 2023 | finance.yahoo.comBloom Energy, SK ecoplant Americas Complete Installation of Fuel Cell Systems at Stamford Health LocationsMarch 20, 2023 | americanbankingnews.comBloom Energy Co. (NYSE:BE) CEO Kr Sridhar Sells 177,786 SharesMarch 19, 2023 | msn.comClimate change makes cherry trees blossom early — and puts them at riskMarch 19, 2023 | americanbankingnews.comBloom Energy Co. (NYSE:BE) Insider Glen Griffiths Sells 2,122 SharesMarch 19, 2023 | americanbankingnews.comBloom Energy Co. (NYSE:BE) EVP Shawn Marie Soderberg Sells 6,501 SharesMarch 22, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 17, 2023 | americanbankingnews.comBloom Energy Co. (NYSE:BE) Short Interest Down 5.0% in FebruaryMarch 16, 2023 | msn.comDo you really need to prune your plants in Spring?March 15, 2023 | finance.yahoo.comGlobal Fuel Cell Market to 2028: Players Include Ballard Power Systems, Bloom Energy, Toshiba Fuel Cell Power Systems and FuelCell EnergyMarch 15, 2023 | msn.comOrlando Bloom Is in His Wellness EraMarch 14, 2023 | finance.yahoo.comSilicon Valley Bank’s Fall Is a Passing Cloud Over Clean EnergyMarch 13, 2023 | marketwatch.comDistributed Generation Market Size 2023-2027 | Emerging Trends and Opportunities with Top Countries DataMarch 13, 2023 | msn.comBloom Nutrition Greens Review 2023: There Are Better AlternativesMarch 13, 2023 | marketwatch.comFuel Cells in Automotive Market Research Report 2023-2029 with Top Countries DataMarch 10, 2023 | msn.comBloom Greens Review 2023: Does It Really Help With Bloat & Energy?March 9, 2023 | msn.comCentral Park cherry blossoms bloom early due to warm winterMarch 8, 2023 | msn.comAmbler EAC Earth Fest is set to bloom on April 29March 8, 2023 | msn.comAvril Lavigne and Tyga’s zodiac signs explain ‘totally unexpected’ romanceMarch 8, 2023 | marketwatch.comHydrogen Fuel Cells Market Size Analysis between Top International Players through Business Aspects way 2028March 1, 2023 | msn.comNHL Trade Deadline: Prospects Dealt in the Lead-Up to March 3March 1, 2023 | benzinga.comBloom Energy Fuel Cells Demonstrate Effectiveness in First Major Marine Deployment Aboard Cruise Ship Built by Chantiers de l'AtlantiqueMarch 1, 2023 | msn.comDC leaders to announce peak bloom datesMarch 1, 2023 | msn.comThe Philadelphia Flower Show is returning to the Convention Center in 2023, and the stakes are highFebruary 28, 2023 | msn.comIs Our Brain Really Cut Out for the Modern World?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings2/09/2023Today3/22/2023Next Earnings (Estimated)5/04/2023Fiscal 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$30.40 High Stock Price Forecast$40.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+71.3%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)($1.65) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-301,410,000.00 Net Margins-25.14% Pretax Margin-26.18% Return on Equity-194.49% Return on Assets-10.48% Debt Debt-to-Equity Ratio2.18 Current Ratio1.95 Quick Ratio1.45 Sales & Book Value Annual Sales$1.20 billion Price / Sales3.05 Cash FlowN/A Price / Cash FlowN/A Book Value$1.84 per share Price / Book9.65Miscellaneous Outstanding Shares206,100,000Free Float200,367,000Market Cap$3.66 billion OptionableOptionable Beta2.89 Key ExecutivesK. R. SridharChairman & Chief Executive OfficerGregory CameronPresident & Chief Financial OfficerGlen GriffithsEVP-Operations, Services & QualityGlen GriffithsExecutive VP-Operations, Services & QualityRavi PrasherChief Technology OfficerKey CompetitorsFuelCell EnergyNASDAQ:FCELRice Acquisition Corp. IINYSE:RONIDenburyNYSE:DENWeatherford InternationalNASDAQ:WFRDHelmerich & PayneNYSE:HPView All CompetitorsInsiders & InstitutionsKr SridharSold 177,786 sharesTotal: $3.21 M ($18.06/share)Shawn Marie SoderbergSold 6,501 sharesTotal: $117,278.04 ($18.04/share)Glen GriffithsSold 2,122 sharesTotal: $38,259.66 ($18.03/share)Victory Capital Management Inc.Bought 572,895 shares on 3/10/2023Ownership: 0.895%Rockefeller Capital Management L.P.Bought 1,167 shares on 3/6/2023Ownership: 0.059%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 twelve months. There are currently 5 hold ratings, 9 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. What is Bloom Energy's stock price forecast for 2023? 15 brokerages 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 expect the company's share price to reach $30.40 in the next twelve months. This suggests a possible upside of 71.3% 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 stock has decreased by 7.2% and is now trading at $17.75. View the best growth stocks for 2023 here. Are investors shorting Bloom Energy? Bloom Energy saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 16,590,000 shares, a decrease of 5.0% from the February 13th total of 17,470,000 shares. Based on an average trading volume of 2,260,000 shares, the short-interest ratio is currently 7.3 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 Thursday, May 4th 2023. View our BE earnings forecast. How were Bloom Energy's earnings last quarter? Bloom Energy Co. (NYSE:BE) released its quarterly 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 analysts' expectations of $398.36 million. Bloom Energy had a negative trailing twelve-month return on equity of 194.49% and a negative net margin of 25.14%. The firm's revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.16) EPS. 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), Direxion Hydrogen ETF (HJEN), Defiance Next Gen H2 ETF (HDRO), ProShares S&P Kensho Cleantech ETF (CTEX), Global X Clean Tech ETF (CTEC), SPDR S&P Kensho Clean Power ETF (CNRG), Fidelity Clean Energy ETF (FRNW) and SPDR S&P Kensho Intelligent Structures ETF (SIMS). What guidance has Bloom Energy issued on next quarter's earnings? Bloom Energy issued an update on its FY 2023 earnings guidance on Thursday, February, 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 $1.49 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 retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (3.08%), Norges Bank (2.76%), Geode Capital Management LLC (1.67%), Morgan Stanley (1.23%), Two Sigma Advisers LP (1.13%) and Handelsbanken Fonder AB (1.04%). 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 $17.75. How much money does Bloom Energy make? Bloom Energy (NYSE:BE) has a market capitalization of $3.66 billion and generates $1.20 billion in revenue each year. The company earns $-301,410,000.00 in net income (profit) each year or ($1.65) 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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