Bloom Energy Corp

Bloom Energy Corp Stock Forecast & Price Prediction

Live Bloom Energy Corp Stock (BE) Price
$27.45

27

Ratings

  • Buy 14
  • Hold 11
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$27.45

P/E Ratio

-19.33

Volume Traded Today

$3.8M

Dividend

Dividends not available for BE

52 Week High/low

28.70/8.41

Bloom Energy Corp Market Cap

$6.27B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $BE ๐Ÿ›‘

Before you buy BE you'll want to see this list of ten stocks that have huge potential. Want to see if BE made the cut? Enter your email below

BE Summary

From what 27 stock analysts predict, the share price for Bloom Energy Corp (BE) might decrease by 26.46% in the next year. This is based on a 12-month average estimation for BE. Price targets go from $7 to $33. The majority of stock analysts believe BE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

BE Analyst Ratings

BE is a stock in Industrials which has been forecasted to be worth $20.1875 as an average. On the higher end, the forecast price is $33 USD by from Truist Securities and on the lower end BE is forecasted to be $7 by Julien Dumoulin-Smith from B of A Securities.

BE stock forecast by analyst

These are the latest 20 analyst ratings of BE.

Analyst/Firm

Rating

Price Target

Change

Date

Manav Gupta
UBS

Buy

$33

Maintains

Nov 26, 2024
Lloyd Byrne
Jefferies

Hold

$22

Maintains

Nov 22, 2024
Kashy Harrison
Piper Sandler

Overweight

$30

Maintains

Nov 22, 2024
Samantha Hoh
HSBC

Hold

$24.5

Downgrade

Nov 20, 2024
Stephen Byrd
Morgan Stanley

Overweight

$28

Maintains

Nov 18, 2024
Chris Dendrinos
RBC Capital

Outperform

$28

Maintains

Nov 18, 2024
Ameet Thakkar
BMO Capital

Market Perform

$19.5

Maintains

Nov 15, 2024
Gregory Lewis
BTIG

Buy

$20

Maintains

Nov 15, 2024
Kashy Harrison
Piper Sandler

Overweight

$20

Upgrade

Nov 15, 2024
Biju Perincheril
Susquehanna

Positive

$16

Maintains

Nov 12, 2024
Ben Kallo
Baird

Outperform

$15

Maintains

Nov 8, 2024
Julien Dumoulin-Smith
B of A Securities

Underperform

$7

Maintains

Nov 7, 2024
Kashy Harrison
Piper Sandler

Neutral

$10

Reiterates

Oct 29, 2024
Jordan Levy
Truist Securities

Hold

$12

Maintains

Oct 16, 2024
Biju Perincheril
Susquehanna

Positive

$13

Maintains

Oct 16, 2024
Lloyd Byrne
Jefferies

Hold

$11

Downgrade

Sep 6, 2024
Manav Gupta
UBS

Buy

$23

Maintains

Aug 15, 2024
Jordan Levy
Truist Securities

Hold

$13

Maintains

Aug 12, 2024
Lloyd Byrne
Jefferies

Buy

$15

Maintains

Aug 9, 2024
Kashy Harrison
Piper Sandler

Neutral

$11

Maintains

Jul 22, 2024

BE Company Information

What They Do: Develops solid-oxide fuel cell systems for power.

Business Model: The company generates revenue by designing, manufacturing, and selling solid-oxide fuel cell systems, specifically the Bloom Energy Server, which converts various fuels into electricity. Sales are made through direct and indirect channels to a diverse range of industries, including utilities, data centers, and hospitals.

Other Information: Founded in 2001 and headquartered in San Jose, California, Bloom Energy has evolved from its original name, Ion America Corp., to focus on innovative energy solutions. The company's technology allows for on-site power generation with a focus on sustainability and reducing carbon emissions.
BE
Bloom Energy Corp (BE)

When did it IPO

2000

Staff Count

2,377

Country

United States

Sector/Industry

Industrials/Electrical Equipment & Parts

CEO

Dr. K. R. Sridhar Ph.D.

Market Cap

$6.27B

Bloom Energy Corp (BE) Financial Data

In 2023, BE generated $1.33B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.33B

0.00 %
From Previous Year
  • Revenue TTM $1.26B
  • Operating Margin TTM -2.9%
  • Gross profit TTM $197.8M
  • Return on assets TTM -1.9%
  • Return on equity TTM -26.7%
  • Profit Margin -10.3%
  • Book Value Per Share 1.89%
  • Market capitalisation $6.27B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.33B
  • EPS this year (TTM) $-0.54

Bloom Energy Corp (BE) Latest News

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - Finbold

Summary - Bloom Energy (NYSE: BE) has secured a significant agreement with American Electric Power (NASDAQ: AEP) to provide up to 1 GW of solid oxide fuel cells.

Why It Matters - The agreement with American Electric Power signals strong demand for Bloom Energy's technology, potentially boosting revenue and enhancing its market position in renewable energy solutions.

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Bloom Energy stock has surged over 85% in two weeks, driven by positive market sentiment and potential growth prospects in the clean energy sector.

Why It Matters - Bloom Energy's 85% stock surge suggests strong market confidence, potential growth in clean energy, and positive investor sentiment, indicating a favorable outlook for future earnings.

News Image

Fri, 15 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Bloom Energy stock surged 48% on Friday, driven by positive market sentiment and potential catalysts for growth. Investors should monitor further developments for future trends.

Why It Matters - A 48% surge in Bloom Energy's stock indicates strong market confidence, potentially reflecting positive earnings, news, or developments that could impact future growth and profitability.

News Image

Fri, 15 Nov 2024

Sentiment - POSITIVE

Source - Invezz

Summary - Bloom Energy Corp (NYSE: BE) secured a supply agreement with American Electric Power (NASDAQ: AEP) for up to 1 GW of fuel cells, boosting shares by 50% at market open.

Why It Matters - Bloom Energy's supply agreement with AEP signals strong demand for clean energy solutions, potentially boosting revenue and market position, leading to a significant stock price surge.

News Image

Fri, 15 Nov 2024

Sentiment - NEUTRAL

Source - Benzinga

Summary - U.S. stocks declined, with the Dow Jones index dropping over 300 points by the end of trading on Friday.

Why It Matters - A significant drop in the Dow Jones index indicates declining investor confidence, potentially signaling broader market volatility and impacting investment strategies.

News Image

Fri, 15 Nov 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Bloom Energy Corp secured a 1 GW fuel cell supply deal with American Electric Power Company, boosting its stock significantly in early trading on Friday.

Why It Matters - The 1 GW fuel cell supply deal boosts Bloom Energy's revenue potential and market position, driving stock price up, signaling strong investor confidence in future growth.

...

BE Frequently asked questions

The highest forecasted price for BE is $33 from at Truist Securities.

The lowest forecasted price for BE is $7 from Julien Dumoulin-Smith from B of A Securities

The BE analyst ratings consensus are 14 buy ratings, 11 hold ratings, and 2 sell ratings.