At the time of writing, Bloom Energy Corp [BE] stock is trading at $23.57, down -0.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BE shares have gain 5.13% over the last week, with a monthly amount glided 6.12%, and 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.
For the past year, the stock price of Bloom Energy Corp fluctuated between $8.41 and $29.83. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. Bloom Energy Corp [NYSE: BE] shares were valued at $23.57 at the most recent close of the market. An investor can expect a potential drop of -42.72% based on the average BE price forecast.
Analyzing the BE fundamentals
According to Bloom Energy Corp [NYSE:BE], the company’s sales were 1.26B for trailing twelve months, which represents an -17.46% plunge. 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 of3.93.
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 22.13 points at the first support level, and at 20.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.77, and for the 2nd resistance point, it is at 25.98.
Ratios To Look Out For
It is important to note that Bloom Energy Corp [NYSE:BE] has a current ratio of 3.28. As well, the Quick Ratio is 2.25, while the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 4.28, the price to book ratio is 12.50.
Transactions by insiders
Recent insider trading involved SODERBERG SHAWN MARIE,, that happened on Jan 16 ’25 when 1639.0 shares were sold. Officer, SHAWN SODERBERG completed a deal on Jan 16 ’25 to buy 1639.0 shares. Meanwhile, Chief Operations Officer Chitoori Satish sold 1042.0 shares on Dec 16 ’24.
