Bloom Energy Corp (BE) concluded trading on Wednesday at a closing price of $24.38, with 6.42 million shares of worth about $156.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 90.47% during that period and on January 08, 2025 the price saw a loss of about -2.71%. Currently the company’s common shares owned by public are about 228.51M shares, out of which, 192.53M shares are available for trading.
Stock saw a price change of 9.77% in past 5 days and over the past one month there was a price change of -9.97%. Year-to-date (YTD), BE shares are showing a performance of 9.77% which increased to 75.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.41 but also hit the highest price of $28.70 during that period. The average intraday trading volume for Bloom Energy Corp shares is 8.36 million. The stock is currently trading 1.17% above its 20-day simple moving average (SMA20), while that difference is up 16.00% for SMA50 and it goes to 71.10% higher than SMA200.
Bloom Energy Corp (NYSE: BE) currently have 228.51M outstanding shares and institutions hold larger chunk of about 79.37% of that.
The stock has a current market capitalization of $5.57B and its 3Y-monthly beta is at 3.06. It has posted earnings per share of -$0.58 in the same period. It has Quick Ratio of 2.25 while making debt-to-equity ratio of 3.93. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BE, volatility over the week remained 6.62% while standing at 7.56% over the month.
Stock’s fiscal year EPS is expected to rise by 237.77% while it is estimated to increase by 184.39% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH MKM on December 11, 2024 offering a Neutral rating for the stock and assigned a target price of $25 to it. Coverage by HSBC Securities stated Bloom Energy Corp (BE) stock as a Hold in their note to investors on November 20, 2024, suggesting a price target of $24.50 for the stock. On November 15, 2024, Piper Sandler Upgrade their recommendations, while on September 06, 2024, Jefferies Downgrade their ratings for the stock with a price target of $11. Stock get a Hold rating from TD Cowen on May 10, 2024.
