The stock of Bloom Energy Corporation (NYSE:BE) is a huge mover today! The stock decreased 7.19% or $0.43 during the last trading session, reaching $5.55. About 3.28M shares traded or 15.55% up from the average. Bloom Energy Corporation (NYSE:BE) has declined 56.18% since December 4, 2018 and is downtrending. It has underperformed by 56.18% the S&P500.
The move comes after 8 months negative chart setup for the $654.94 million company. It was reported on Dec, 4 by Barchart.com. We have $5.33 PT which if reached, will make NYSE:BE worth $26.20M less.
Analysts await Bloom Energy Corporation (NYSE:BE) to report earnings on February, 4. They expect $-0.30 earnings per share, up 67.39 % or $0.62 from last year’s $-0.92 per share. After $-0.34 actual earnings per share reported by Bloom Energy Corporation for the previous quarter, Wall Street now forecasts -11.76 % EPS growth.
Bloom Energy Corporation (NYSE:BE) Ratings Coverage
Among 5 analysts covering Bloom Energy Corporation Class A Common Stock (NYSE:BE), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Bloom Energy Corporation Class A Common Stock has $1800 highest and $400 lowest target. $9.20’s average target is 65.77% above currents $5.55 stock price. Bloom Energy Corporation Class A Common Stock had 8 analyst reports since June 20, 2019 according to SRatingsIntel. The stock of Bloom Energy Corporation (NYSE:BE) earned “Outperform” rating by Raymond James on Tuesday, August 13. The stock has “Underperform” rating by Bank of America on Tuesday, September 3. The rating was reinitiated by KeyBanc Capital Markets on Monday, October 14 with “Overweight”. The firm has “Overweight” rating given on Wednesday, August 14 by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird on Tuesday, August 13 with “Neutral”. JP Morgan maintained the shares of BE in report on Tuesday, August 13 with “Overweight” rating. The stock of Bloom Energy Corporation (NYSE:BE) has “Outperform” rating given on Tuesday, October 1 by Raymond James.
More notable recent Bloom Energy Corporation (NYSE:BE) news were published by: Finance.Yahoo.com which released: “Should You Be Adding Curtiss-Wright (NYSE:CW) To Your Watchlist Today? – Yahoo Finance” on December 01, 2019, also Businesswire.com with their article: “Pacific Coast Oil Trust Announces Receipt of Notice from NYSE Regarding Continued Listing Standards – Business Wire” published on December 03, 2019, Finance.Yahoo.com published: “Should BankUnited, Inc. (NYSE:BKU) Be Part Of Your Dividend Portfolio? – Yahoo Finance” on December 02, 2019. More interesting news about Bloom Energy Corporation (NYSE:BE) were released by: Finance.Yahoo.com and their article: “Should You Be Concerned About Acushnet Holdings Corp.’s (NYSE:GOLF) Historical Volatility? – Yahoo Finance” published on November 30, 2019 as well as Bizjournals.com‘s news article titled: “NYSE warns oil trust of potential delisting – New York Business Journal” with publication date: December 04, 2019.
Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems. The company has market cap of $654.94 million. It offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. It currently has negative earnings. The firm was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006.
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