BE Stock Forecast: All the More Reason to Consider Bloom Energy Corp (BE) Now

Bloom Energy Corp (NYSE: BE) is -13.96% 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 $19.23 in the last trading session, with the day’s loss setting it -0.12%.

Currently trading at $19.11, the stock is 4.80% and -2.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.2 million and changing -0.62% at the moment leaves the stock 5.09% off its SMA200. BE registered 56.26% gain for a year compared to 6-month gain of 43.90%.

The stock witnessed a 16.67% loss in the last 1 month and extending the period to 3 months gives it a -27.89%, and is -0.26% down 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 4.08% over the week and 5.30% over the month.

Bloom Energy Corp (BE) has around 2127 employees, a market worth around $4.44B and $1.56B in sales. Fwd P/E is 22.97. Profit margin for the company is 0.29%. Distance from 52-week low is 111.86% and -35.93% from its 52-week high. The company has generated returns on investments over the last 12 months (0.23%).

The EPS is expected to grow by 68.54% this year.

Bloom Energy Corp (BE) Top Institutional Holders

The shares outstanding are 231.97M, and float is at 219.44M with Short Float at 21.68%.

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 8.3605 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 SODERBERG SHAWN MARIE. SEC filings show that SODERBERG SHAWN MARIE sold 1,496 shares of the company’s common stock on May 16 ’25 at a price of $19.89 per share for a total of $29755.0. Following the sale, the insider now owns 0.23 million shares.

Still, SEC filings show that on May 13 ’25, Sridhar KR (Chairman & CEO) disposed off 42,383 shares at an average price of $19.14 for $0.81 million. The insider now directly holds 2,724,613 shares of Bloom Energy Corp (BE).

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