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Bloom Energy (BE)
NYSE:BE
Bloom Energy (BE) Stock Price & Analysis
2,905 Followers
BE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.41 - $18.76
Previous Close$16.32
Volume8.26M
Average Volume (3M)6.85M
Market Cap
$3.70B
Enterprise Value$3.37B
Total Cash (Recent Filing)$515.96M
Total Debt (Recent Filing)$161.54M
Price to Earnings (P/E)―
Beta2.09
Next Earnings
Jul 31, 2024EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.36
Shares Outstanding227,020,024
10 Day Avg. Volume13,292,070
30 Day Avg. Volume6,851,886
Standard Deviation0.30
R-Squared0.24
Alpha0.00598
Financial Highlights & Ratios
Price to Book (P/B)7.95
Price to Sales (P/S)2.78
Price to Cash Flow (P/CF)-6.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.79
Enterprise Value/Gross Profit17.06
Enterprise Value/Ebitda25.99
Forecast
1Y Price Target
$14.63Price Target Upside-10.36% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Bloom Energy News
Bulls Say, Bears Say
Bulls Say
Company Growth StrategyBloom Energy is executing on an aggressive multi-year growth strategy to aid global decarbonization and deploy hydrogen solutions at scale.
Data Center Market ExpansionBloom continues to make significant strides toward securing solid commercial opportunities levered to data centers.
Onsite Power GenerationGrowth in GenAI power demand coupled with grid capacity constraints provide a unique growth opportunity for onsite power generation.
Bears Say
Financial PerformanceThe company's first-quarter results fell short, with significant cash burn and revenues below consensus, indicating potential financial distress.
Management ChangesThe recent departure of the CFO, closely following the head of sales exit, raises concerns about the company's leadership stability and future direction.
Project CancellationAmazon's decision to cancel the 73 MW energy server project in Oregon due to permitting risk could pressure the company's cash flow if alternative sites are not found.
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Ownership Overview
17.26% Insiders
49.36% Mutual Funds
27.91% Other Institutional Investors
5.48% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BE FAQ
What was Bloom Energy’s price range in the past 12 months?
Bloom Energy lowest stock price was $8.41 and its highest was $18.76 in the past 12 months.
What is Bloom Energy’s market cap?
Currently, no data Available
When is Bloom Energy’s upcoming earnings report date?
Bloom Energy’s upcoming earnings report date is Jul 31, 2024 which is in 59 days.
How were Bloom Energy’s earnings last quarter?
Bloom Energy released its earnings results on May 09, 2024. The company reported -$0.17 earnings per share for the quarter, missing the consensus estimate of -$0.107 by -$0.063.
Is Bloom Energy overvalued?
According to Wall Street analysts Bloom Energy’s price is currently Overvalued.
Does Bloom Energy pay dividends?
Bloom Energy does not currently pay dividends.
What is Bloom Energy’s EPS estimate?
Bloom Energy’s EPS estimate is -$0.04.
How many shares outstanding does Bloom Energy have?
Bloom Energy has 227,020,020 shares outstanding.
What happened to Bloom Energy’s price movement after its last earnings report?
Bloom Energy reported an EPS of -$0.17 in its last earnings report, missing expectations of -$0.107. Following the earnings report the stock price went down -4.94%.
Which hedge fund is a major shareholder of Bloom Energy?
Among the largest hedge funds holding Bloom Energy’s share is Public Investment Fund. It holds Bloom Energy’s shares valued at 37M.
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Bloom Energy Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.63 (-10.36% Downside)
$14.63 (-10.36% Downside)
Blogger Sentiment
Bullish
BE Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $376.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 0.1%
Last 30 Days ▲ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.95%
12-Months-Change
Fundamentals
Return on Equity
-66.57%
Trailing 12-Months
Asset Growth
4.28%
Trailing 12-Months
Company Description
Bloom Energy
Bloom Energy Corp. engages in the manufacture and installation of on-site distributed power generators. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.
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BE Company Deck
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BE Earnings Call
Q1 2024
0:00 / 0:00
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BE Revenue Breakdown
73.14% Product
13.73% Service
6.96% Installation
6.18% Electricity
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BE Stock 12 Month Forecast
Average Price Target
$14.63
▼(-10.36% Downside)
Technical Analysis
Best Analysts Covering BE
1 Year
1 Year Success Rate
8/8 ratings generated profit
1 Year Average Return
+30.89%
reiterated a buy rating 13 days ago
Copying Chris Dendrinos's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +30.89% per trade.
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