Bloom Energy (BE) Expected to Announce Earnings on Wednesday

Bloom Energy (NYSE:BE) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $294.27 million for the quarter.

Bloom Energy Stock Up 4.5 %

Shares of BE stock opened at $18.95 on Monday. Bloom Energy has a fifty-two week low of $9.02 and a fifty-two week high of $29.83. The firm has a market capitalization of $4.37 billion, a PE ratio of -33.84 and a beta of 3.27. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.33 and a current ratio of 3.36. The stock’s 50-day simple moving average is $21.11 and its 200-day simple moving average is $20.93.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Robert W. Baird decreased their price target on Bloom Energy from $32.00 to $27.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. Jefferies Financial Group decreased their price objective on shares of Bloom Energy from $25.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, April 16th. Redburn Atlantic lowered Bloom Energy from a “neutral” rating to a “sell” rating and cut their price target for the company from $14.50 to $10.00 in a research note on Wednesday, April 9th. Morgan Stanley raised their price objective on Bloom Energy from $28.00 to $35.00 and gave the company an “overweight” rating in a report on Thursday, March 20th. Finally, Truist Financial dropped their price target on shares of Bloom Energy from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Monday, April 21st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.97.

Insider Activity

In other Bloom Energy news, insider Satish Chitoori sold 1,020 shares of the firm’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $25.09, for a total transaction of $25,591.80. Following the transaction, the insider now directly owns 178,656 shares of the company’s stock, valued at approximately $4,482,479.04. This trade represents a 0.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 8.81% of the company’s stock.

Bloom Energy Company Profile

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.