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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.