A share price of Bloom Energy Corp [BE] is currently trading at $25.48, up 4.77%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BE shares have gain 11.27% over the last week, with a monthly amount drifted -3.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bloom Energy Corp [NYSE: BE] stock has seen the most recent analyst activity on December 11, 2024, when ROTH MKM initiated its Neutral rating and assigned the stock a price target of $25. Previously, HSBC Securities downgraded its rating to Hold on November 20, 2024, and kept the price target unchanged to $24.50. On November 15, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $20 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $11 on September 06, 2024. TD Cowen reiterated its recommendation of a Hold and raised its price target to $13 on May 10, 2024. Evercore ISI started tracking with a Outperform rating for this stock on April 01, 2024, and assigned it a price target of $21. In a note dated March 06, 2024, Truist upgraded an Hold rating on this stock and boosted its target price from $9 to $11.
Bloom Energy Corp experienced fluctuations in its stock price throughout the past year between $8.41 and $28.70. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Bloom Energy Corp [NYSE: BE] shares were valued at $25.48 at the most recent close of the market. An investor can expect a potential drop of -35.24% based on the average BE price forecast.
Analyzing the BE fundamentals
Trailing Twelve Months sales for Bloom Energy Corp [NYSE:BE] were 1.26B which represents -17.46% decline. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.28 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.62 points at the first support level, and at 23.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.21, and for the 2nd resistance point, it is at 26.95.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Bloom Energy Corp [NYSE:BE] is 3.28. Further, the Quick Ratio stands at 2.25, while the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 4.82, the price to book ratio is 13.51.
Transactions by insiders
Recent insider trading involved Chitoori Satish, Chief Operations Officer, that happened on Dec 16 ’24 when 1042.0 shares were sold. Officer, SATISH PRABHU CHITOORI completed a deal on Dec 16 ’24 to buy 1042.0 shares. Meanwhile, Chairman & CEO Sridhar KR sold 72903.0 shares on Nov 20 ’24.
