NYSE:BEBloom Energy Stock Price, Forecast & News

Bloom Energy's stock was trading at $7.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BE shares have increased by 63.8% and is now trading at $12.53. 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) issued its quarterly earnings data on Monday, May, 11th. The company reported ($0.34) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.65) by $0.31. The business earned $156.70 million during the quarter, compared to analysts' expectations of $152.45 million. Bloom Energy's revenue was down 22.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.22) EPS. View Bloom Energy's earnings history.

6 analysts have issued 1 year price objectives for Bloom Energy's shares. Their forecasts range from $4.00 to $21.00. On average, they expect Bloom Energy's stock price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 12.2%. View analysts' price targets for Bloom Energy.

News articles about BE stock have trended negative this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. 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 media sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Bloom Energy.

Some companies that are related to Bloom Energy include Ballard Power Systems (BLDP), Woodward, Inc.Common Stock (WWD), Plug Power (PLUG), GrafTech International (EAF), ITM Power (ITMPF), 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 (IPO) 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 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."

Bloom Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Tsfg LLC (0.01%). Company insiders that own Bloom Energy stock include Christopher White, 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 acquired by a variety of institutional investors in the last quarter, including Tsfg 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 $12.53.

Bloom Energy has a market capitalization of $1.57 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.