Currently, there are 228.51M common shares owned by the public and among those 192.53M shares have been available to trade.
The company’s stock has a 5-day price change of -12.48% and 107.63% over the past three months. BE shares are trading 0.41% year to date (YTD), with the 12-month market performance up to 71.94% higher. It has a 12-month low price of $8.41 and touched a high of $28.70 over the same period. BE has an average intraday trading volume of 8.52 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.88%, 2.35%, and 54.50% respectively.
Institutional ownership of Bloom Energy Corp (NYSE: BE) shares accounts for 79.35% of the company’s 228.51M shares outstanding.
It has a market capitalization of $5.10B and a beta (3y monthly) value of 3.06. The earnings-per-share (ttm) stands at -$0.58. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.29% over the week and 7.26% over the month.
Analysts forecast that Bloom Energy Corp (BE) will achieve an EPS of 0.3 for the current quarter, -0.04 for the next quarter and 0.43 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.2 while analysts give the company a high EPS estimate of 0.2. Comparatively, EPS for the current quarter was 0.07 a year ago. Earnings per share for the fiscal year are expected to increase by 237.77%, and 191.05% over the next financial year.
Looking at the support for the BE, a number of firms have released research notes about the stock. ROTH MKM stated their Neutral rating for the stock in a research note on December 11, 2024, with the firm’s price target at $25. HSBC Securities coverage for the Bloom Energy Corp (BE) stock in a research note released on November 20, 2024 offered a Hold rating with a price target of $24.50. Piper Sandler was of a view on November 15, 2024 that the stock is Overweight, while Jefferies gave the stock Hold rating on September 06, 2024, issuing a price target of $15- $11. TD Cowen on their part issued Hold rating on May 10, 2024.
