Bloom Energy Corp (NYSE:BE) price on current trading day, rose 4.99% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.87.
A look at the stock’s price movement, the close in the last trading session was $17.02, moving within a range at $15.15 and $18.61. The beta value (5-Year monthly) was 3.277. Turning to its 52-week performance, $29.83 and $9.02 were the 52-week high and 52-week low respectively. Overall, BE moved -28.52% over the past month.
Bloom Energy Corp’s market cap currently stands at around $4.12 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BE is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 8 recommend BE as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BE’s current price about -17.06% and -22.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.40, while 7-day volatility ratio is 16.02% and 8.74% in the 30-day chart. Further, Bloom Energy Corp (BE) has a beta value of 3.06, and an average true range (ATR) of 2.09. Analysts have given the company’s stock an average 52-week price target of $25.25, forecast between a low of $19.5 and high of $31. Looking at the price targets, the low is -9.12% off current price level while to achieve the yearly target high, price needs to move -73.48%. Nonetheless, investors will most likely welcome a -41.3% jump to $25.25 which is the analysts’ median price.
If we refocus on Bloom Energy Corp (NYSE:BE), historical trading data shows that trading volumes averaged 8.35 over the past 10 days and 6.86 million over the past 3 months. The company’s latest data on shares outstanding shows there are 229.14 million shares.
The 5.46% of Bloom Energy Corp’s shares are in the hands of company insiders while institutional holders own 81.94% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 53.48 million on 2025-03-14, giving us a short ratio of 7.78. The data shows that as of 2025-03-14 short interest in Bloom Energy Corp (BE) stood at 3694.0 of shares outstanding, with shares short rising to 45.53 million registered in 2025-02-14. Current price change has pushed the stock -19.54% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BE stock continues to rise going into the next quarter.
