NYSE:BE - Bloom Energy Stock Price, Forecast & News

Bloom Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "BE."

Bloom Energy Corp (NYSE:BE) issued its quarterly earnings results on Thursday, November, 7th. The company reported ($0.34) EPS for the quarter, beating the consensus estimate of ($0.41) by $0.07. The firm earned $233.47 million during the quarter, compared to analysts' expectations of $230.79 million. Bloom Energy had a negative return on equity of 867.76% and a negative net margin of 31.91%. View Bloom Energy's Earnings History.

Bloom Energy is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Bloom Energy.

7 brokerages have issued 12-month price objectives for Bloom Energy's stock. Their forecasts range from $4.00 to $12.00. On average, they expect Bloom Energy's stock price to reach $8.34 in the next twelve months. This suggests that the stock has a possible downside of 10.2%. View Analyst Price Targets for Bloom Energy.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloom Energy in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bloom Energy.

News articles about BE stock have trended negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, 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 assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Bloom Energy.

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

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

(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's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Schwab Charitable Fund (0.16%), Tocqueville Asset Management L.P. (0.05%), FLC Capital Advisors (0.01%) and IFP Advisors Inc (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including Schwab Charitable Fund, Tocqueville Asset Management L.P., FLC Capital Advisors and IFP Advisors Inc. 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 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 $9.29.

Bloom Energy has a market capitalization of $1.10 billion and generates $742.04 million in revenue each year. The company earns $-241,750,000.00 in net income (profit) each year or ($2.43) on an earnings per share basis. Bloom Energy employs 1,524 workers across the globe.View Additional Information About Bloom Energy.

The official website for Bloom Energy is http://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.