Bloom Energy ( (BE) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Bloom Energy’s stock price has been influenced by mixed analyst perspectives. While some analysts have raised their price targets due to the company’s progress with major clients like American Electric and Oracle, concerns about the company’s fundamentals and insider selling activity have led to a cautious outlook. Despite a recent rise in stock price, negative insider sentiment suggests potential caution among corporate insiders.
More about Bloom Energy
YTD Price Performance: 269.15%
Average Trading Volume: 10,945,777
Technical Sentiment Signal: Buy
Current Market Cap: $20.19B
For further insights into BE stock on TipRanks’ Stock Analysis page.
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