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

$5.21
-0.37 (-6.63 %)
(As of 03/29/2020 07:38 AM ET)
Today's Range
$5.12
Now: $5.21
$5.63
50-Day Range
$3.07
MA: $8.62
$14.09
52-Week Range
$2.44
Now: $5.21
$15.45
Volume2.30 million shs
Average Volume3.99 million shs
Market Capitalization$614.83 million
P/E RatioN/A
Dividend YieldN/A
Beta3.02
Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation. The company offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. It 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. 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.
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Bloom Energy logo

Industry, Sector and Symbol

Industry Electrical industrial apparatus
Sub-IndustryN/A
SectorOils/Energy
CUSIP074002106
Phone408-543-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$786.19 million
Book Value$0.83 per share

Profitability

Net Income$-300,030,000.00

Miscellaneous

Employees1,524
Market Cap$614.83 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Bloom Energy (NYSE:BE) Frequently Asked Questions

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

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 shares have decreased by 31.9% and is now trading at $5.21. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bloom Energy?

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.

When is Bloom Energy's next earnings date?

Bloom Energy is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Bloom Energy.

How were Bloom Energy's earnings last quarter?

Bloom Energy Corp (NYSE:BE) announced its quarterly earnings results on Monday, March, 16th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.30. The company had revenue of $213.80 million for the quarter, compared to analysts' expectations of $269.67 million. Bloom Energy had a negative net margin of 27.92% and a negative return on equity of 1,487.62%. The business's quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.12) earnings per share. View Bloom Energy's earnings history.

What price target have analysts set for BE?

6 brokerages have issued 1 year target prices for Bloom Energy's shares. Their forecasts range from $4.00 to $20.00. On average, they expect Bloom Energy's stock price to reach $10.33 in the next twelve months. This suggests a possible upside of 98.3% from the stock's current price. View analysts' price targets for Bloom Energy.

Has Bloom Energy been receiving favorable news coverage?

News coverage about BE stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bloom Energy earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutBloom Energy.

Who are some of Bloom Energy's key 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 Ballard Power Systems (BLDP), Advanced Micro Devices (AMD), Micron Technology (MU), Roku (ROKU), Applied Materials (AMAT), NIO (NIO), Tesla (TSLA), Alibaba Group (BABA), Chewy (CHWY) and AT&T (T).

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 58)
  • Mr. Randy W. Furr, Exec. VP & CFO (Age 64)
  • Dr. Swaminathan Venkataraman Ph.D., CTO & Exec. VP of Engineering (Age 58)
  • Ms. Susan Seilheimer Brennan, Exec. VP & COO (Age 56)
  • Mr. Mark Mesler, VP of Fin. & Investor Relations

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 served 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 many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (3.16%), State Street Corp (0.94%), Partners Group Holding AG (0.76%), Royce & Associates LP (0.67%), Handelsbanken Fonder AB (0.63%) and Geode Capital Management LLC (0.39%). 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.

Which institutional investors are selling Bloom Energy stock?

BE stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Royce & Associates LP, Point72 Asset Management L.P., Sage Rhino Capital LLC, Jacobs Levy Equity Management Inc., Credit Suisse AG, Baird Financial Group Inc., and Bank of America Corp DE. Company insiders that have sold Bloom Energy company stock in the last year include Hari Pillai, James W Roquemore, Kr Sridhar, Matthew Peter Ross, Randy W Furr, Shawn Marie Soderberg, Susan Seilheimer Brennan, and Swaminathan Venkataraman. View insider buying and selling activity for Bloom Energy.

Which institutional investors are buying Bloom Energy stock?

BE stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schwab Charitable Fund, Cpwm LLC, Skandinaviska Enskilda Banken AB publ, FIL Ltd, UBS Oconnor LLC, Goldman Sachs Group Inc., and Cubist Systematic Strategies 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.

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 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 $5.21.

How big of a company is Bloom Energy?

Bloom Energy has a market capitalization of $614.83 million and generates $786.19 million in revenue each year. The company earns $-300,030,000.00 in net income (profit) each year or ($2.01) on an earnings per share basis. Bloom Energy employs 1,524 workers across the globe. View additional information about Bloom Energy.

What is Bloom Energy's official website?

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


MarketBeat Community Rating for Bloom Energy (NYSE BE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  326
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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