Bloom Energy Corp (NYSE: BE) is -17.56% lower on its value in year-to-date trading and has touched a low of $9.02 and a high of $29.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BE stock was last observed hovering at around $17.90 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $18.31, the stock is -9.62% and -18.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.32 million and changing 2.29% at the moment leaves the stock 3.83% off its SMA200. BE registered 70.48% gain for a year compared to 6-month gain of 70.48%. The firm has a 50-day simple moving average (SMA 50) of $22.5456 and a 200-day simple moving average (SMA200) of $17.63405.
The stock witnessed a -24.31% loss in the last 1 month and extending the period to 3 months gives it a -17.89%, and is 7.58% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.25% over the week and 9.12% over the month.
Bloom Energy Corp (BE) has around 2127 employees, a market worth around $4.22B and $1.47B in sales. Fwd P/E is 23.10. Profit margin for the company is -1.98%. Distance from 52-week low is 102.99% and -38.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.50%).
with sales reaching $294.27M over the same period.The EPS is expected to grow by 37.08% this year, but quarterly earnings will post 17.40% year-over-year. Quarterly sales are estimated to grow 25.06% in year-over-year returns.
Bloom Energy Corp (BE) Top Institutional Holders
520.0 institutions hold shares in Bloom Energy Corp (BE), with institutional investors hold 98.86% of the company’s shares. The shares outstanding are 229.14M, and float is at 217.93M with Short Float at 21.88%. Institutions hold 85.57% of the Float.
The top institutional shareholder in the company is AMERIPRISE FINANCIAL INC with over 40.76 million shares valued at $498.96 million. The investor’s holdings represent 17.9447% of the BE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.99 million shares valued at $232.47 million to account for 8.4191 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 14.57 million shares representing 6.4132% and valued at over $178.32 million, while MORGAN STANLEY holds 4.297 of the shares totaling 9.76 million with a market value of $119.48 million.
Bloom Energy Corp (BE) Insider Activity
The most recent transaction is an insider sale by Chitoori Satish, the company’s Chief Operations Officer. SEC filings show that Chitoori Satish sold 1,020 shares of the company’s common stock on Mar 17 ’25 at a price of $25.09 per share for a total of $25592.0. Following the sale, the insider now owns 0.18 million shares.
Still, SEC filings show that on Mar 07 ’25, KR SRIDHAR (Officer) Proposed Sale 35,645 shares at an average price of $23.00 for $0.82 million. The insider now directly holds shares of Bloom Energy Corp (BE).
