Bloom Energy Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bloom Energy in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.
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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.
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Bloom Energy is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Bloom Energy.

Bloom Energy Co. (NYSE:BE) posted its quarterly earnings results on Wednesday, February, 10th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.15) by $0.07. The business earned $249.40 million during the quarter, compared to the consensus estimate of $223.41 million. The firm's revenue was up 16.7% on a year-over-year basis.
View Bloom Energy's earnings history.

Bloom Energy's stock was trading at $7.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BE stock has increased by 215.2% and is now trading at $24.11.
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Bloom Energy updated its FY 2021 After-Hours earnings guidance on Wednesday, February, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $950M - 1 billion, compared to the consensus revenue estimate of $978.24 million.

9 brokerages have issued 1-year price targets for Bloom Energy's shares. Their forecasts range from $8.00 to $35.00. On average, they expect Bloom Energy's stock price to reach $29.43 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
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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.

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

(BE) raised $378 million in an initial public offering 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 served 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 retail and institutional investors. Top institutional shareholders include Carnegie Capital Asset Management LLC (0.08%). Company insiders that own Bloom Energy stock include Canada Pension Plan Investment, Christopher White, Gregory D Cameron, Hari Pillai, James W Roquemore, Jeffrey R Immelt, Kr Sridhar, Matthew Peter Ross, Randy W Furr, Shawn Marie Soderberg, Susan Seilheimer Brennan and Swaminathan Venkataraman.
View institutional ownership trends for Bloom Energy.

BE stock was purchased by a variety of institutional investors in the last quarter, including Carnegie Capital Asset Management LLC.
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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.
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One share of BE stock can currently be purchased for approximately $24.11.

Bloom Energy has a market capitalization of $4.14 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 is headquartered at 4353 NORTH FIRST STREET, SAN JOSE CA, 95134.

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]