NYSE:BE

Bloom Energy Stock Forecast, Price & News

$40.18

+2.58 (+6.86 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$36.90

Now: $40.18▼

$40.25

50-Day Range

$24.34

MA: $30.53▼

$39.93

52-Week Range

$3.00

Now: $40.18▼

$40.25

Volume3.59 million shs

Average Volume5.60 million shs

Market Capitalization$6.68 billion

P/E RatioN/A

Dividend YieldN/A

Beta3.77

Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation. It offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas, biogas, or hydrogen into electricity through an electrochemical process without combustion. The company serves banking and financial services, cloud services, technology and data centers, communications and media, consumer packaged goods and consumables, education, government, healthcare, hospitality, logistics, manufacturing, real estate, retail, and utilities industries. It primarily operates in the United States, Japan, China, India, and the Republic of Korea. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006. Bloom Energy Corporation was founded in 2001 and is headquartered in San Jose, California.

MarketRank^™

Overall MarketRank^™

1.01 out of 5 stars

Oils/Energy Sector

262nd out of 668 stocks

Electrical Industrial Apparatus Industry

7th out of 13 stocks

1.0 Analyst's Opinion

Consensus Rating
Bloom Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.20, Bloom Energy has a forecasted downside of 29.8% from its current price of $40.18.
Amount of Analyst Coverage
Bloom Energy has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Bloom Energy has received 187 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bloom Energy has received 179 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bloom Energy has received 51.09% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bloom Energy and other stocks. Vote “Outperform” if you believe BE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Bloom Energy does not currently pay a dividend.
Dividend Growth
Bloom Energy does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In 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 $24,050,047.00 in company stock.
Percentage Held by Insiders
Only 26.82% of the stock of Bloom Energy is held by insiders.
Percentage Held by Institutions
49.58% of the stock of Bloom Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Bloom Energy are expected to grow in the coming year, from ($1.17) to ($0.23) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bloom Energy is -24.96, 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. Sector
The P/E ratio of Bloom Energy is -24.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electrical industrial apparatus

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:BE

Previous Symbol

CUSIP074002106

CIK1113247

Webwww.bloomenergy.com

Phone408-543-1500

Employees1,252

Debt

Debt-to-Equity Ratio20.91

Current Ratio1.67

Quick Ratio1.33

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$786.19 million

Price / Sales8.49

Cash FlowN/A

Price / Cash FlowN/A

Book Value($1.39) per share

Price / Book-28.91

Profitability

EPS (Most Recent Fiscal Year)($2.01)

Net Income$-304,410,000.00

Net Margins-25.71%

Return on EquityN/A

Return on Assets-12.52%

Miscellaneous

Outstanding Shares166,198,000

Market Cap$6.68 billion

Next Earnings Date2/10/2021 (Confirmed)

OptionableOptionable

$40.18

+2.58 (+6.86 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Bloom Energy (NYSE:BE) Frequently Asked Questions

How has Bloom Energy's stock price been impacted by Coronavirus (COVID-19)?

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 stock has increased by 425.2% and is now trading at $40.18.
View which stocks have been most impacted by COVID-19.

Is Bloom Energy a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bloom Energy in the last year. There are currently 8 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Bloom Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BE, but not buy additional shares or sell existing shares.
View analyst ratings for Bloom Energy or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Bloom Energy?

Wall Street analysts have given Bloom Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bloom Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is K.R. Sridhar's approval rating as Bloom Energy's CEO?

95 employees have rated Bloom Energy CEO K.R. Sridhar on Glassdoor.com. K.R. Sridhar has an approval rating of 52% among Bloom Energy's employees. This puts K.R. Sridhar in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Bloom Energy's next earnings date?

Bloom Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Bloom Energy.

How can I listen to Bloom Energy's earnings call?

Bloom Energy will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Bloom Energy's earnings last quarter?

Bloom Energy Co. (NYSE:BE) issued its quarterly earnings results on Thursday, October, 29th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.02. The company earned $200.31 million during the quarter, compared to analysts' expectations of $222.93 million.
View Bloom Energy's earnings history.

What price target have analysts set for BE?

8 analysts have issued 1-year price objectives for Bloom Energy's shares. Their forecasts range from $8.00 to $35.00. On average, they anticipate Bloom Energy's stock price to reach $28.20 in the next year. This suggests that the stock has a possible downside of 29.8%.
View analysts' price targets for Bloom Energy or view Wall Street analyst' top-rated stocks.

Who are some of Bloom Energy's key competitors?

Some companies that are related to Bloom Energy include Ballard Power Systems (BLDP), Woodward (WWD), ITM Power (ITMPF), GrafTech International (EAF), Hollysys Automation Technologies (HOLI), Thermon Group (THR), Ideal Power (IPWR), SCI Engineered Materials (SCIA), China Carbon Graphite Group (CHGI), China Power Equipment (CPQQ) and Oryx Technology (ORYX).
View all of BE's competitors.

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).

Who are Bloom Energy's key executives?

Bloom Energy's management team includes the following people:

Dr. K. R. Sridhar Ph.D., Co-Founder, Pres, Chairman & CEO (Age 59, Pay $2.26M)
Mr. Chris White, Exec. VP & Chief Sales Officer (Age 57, Pay $800.9k)
Mr. Ramakrishna Pillai, Exec. VP of Customer Installations Group (Age 60, Pay $584.87k)
Mr. Gregory D. Cameron, Exec. VP & CFO (Age 51)
Ms. Susan Seilheimer Brennan, Exec. VP & COO (Age 57)
Dr. Swaminathan Venkataraman Ph.D., CTO & Exec. VP of Engineering (Age 59)
Mr. Mark Mesler, VP of Fin. & Investor Relations
Ms. Shawn M. Soderberg, Exec. VP, Gen. Counsel & Sec. (Age 59)
David McCulloch, VP of Communications
Ms. Sharelynn F. Moore, Exec. VP & Chief Marketing Officer (Age 46)

When did Bloom Energy IPO?

(BE) raised $378 million in an 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.

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 institutional and retail investors. Top institutional investors include Candriam Luxembourg S.C.A. (0.26%), Viking Fund Management LLC (0.02%), Sheets Smith Wealth Management (0.01%), Tsfg LLC (0.01%), Global Retirement Partners LLC (0.01%) and CFO4Life Group LLC (0.01%). Company insiders that own Bloom Energy stock include Canada Pension Plan Investment, Christopher White, Eddy Zervigon, Hari Pillai, James W Roquemore, Jeffrey R Immelt, Kr Sridhar, Majesty The Queen In Right Her, Matthew Peter Ross, Randy W Furr, Shawn Marie Soderberg, Susan Seilheimer Brennan, Swaminathan Venkataraman, Technology Ventures Adv Mobius and William Thayer.
View institutional ownership trends for Bloom Energy.

Which institutional investors are selling Bloom Energy stock?

BE stock was sold by a variety of institutional investors in the last quarter, including Sheets Smith Wealth Management, CFO4Life Group LLC, and Tsfg LLC. Company insiders that have sold Bloom Energy company stock in the last year include Canada Pension Plan Investment, Christopher White, Hari Pillai, Kr Sridhar, Randy W Furr, Shawn Marie Soderberg, Susan Seilheimer Brennan, and Swaminathan Venkataraman.
View insider buying and selling activity for Bloom Energy or view top insider-selling stocks.

Which institutional investors are buying Bloom Energy stock?

BE stock was bought by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Viking Fund Management LLC, Global Retirement Partners LLC, and Gofen & Glossberg LLC IL. Company insiders that have bought Bloom Energy stock in the last two years include Eddy Zervigon, Jeffrey R Immelt, and Kr Sridhar.
View insider buying and selling activity for Bloom Energy or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Bloom Energy's stock price today?

One share of BE stock can currently be purchased for approximately $40.18.

How big of a company is Bloom Energy?

Bloom Energy has a market capitalization of $6.68 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.

What is Bloom Energy's official website?

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

How can I contact Bloom Energy?

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 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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