Bloom Energy Corporation (BE)
NYSE: BE · Real-Time Price · USD
25.76
+1.82 (7.60%)
At close: Nov 22, 2024, 4:00 PM
25.90
+0.14 (0.54%)
After-hours: Nov 22, 2024, 7:54 PM EST
Bloom Energy Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Bloom Energy stock have an average target of 18.94, with a low estimate of 7.00 and a high estimate of 30. The average target predicts a decrease of -26.48% from the current stock price of 25.76.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Bloom Energy stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 5 | 4 | 3 | 2 |
| Buy | 6 | 6 | 6 | 6 | 6 | 7 |
| Hold | 7 | 7 | 7 | 8 | 8 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 19 | 19 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $12 → $22 | Hold | Maintains | $12 → $22 | -14.60% | Nov 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $20 → $30 | Buy | Maintains | $20 → $30 | +16.46% | Nov 22, 2024 |
| HSBC | HSBC | Strong Buy → Hold Downgrades $25 | Strong Buy → Hold | Downgrades | $25 | -4.89% | Nov 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $15 → $28 | Buy | Maintains | $15 → $28 | +8.70% | Nov 18, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $20 → $28 | Buy | Maintains | $20 → $28 | +8.70% | Nov 18, 2024 |
Financial Forecast
Revenue This Year
1.50B
from 1.33B
Increased by 12.41%
Revenue Next Year
1.74B
from 1.50B
Increased by 16.21%
EPS This Year
0.10
from -1.42
EPS Next Year
0.39
from 0.10
Increased by 301.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.9B | 2.4B | 3.0B | ||
| Avg | 1.5B | 1.7B | 2.1B | ||
| Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 45.6% | 61.3% | 70.0% | ||
| Avg | 12.4% | 16.2% | 20.9% | ||
| Low | 2.5% | -6.8% | -13.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.33 | 0.75 | 1.41 | ||
| Avg | 0.10 | 0.39 | 0.68 | ||
| Low | -0.32 | 0.06 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 677.2% | 264.8% | ||
| Avg | - | 301.6% | 77.6% | ||
| Low | - | -36.7% | -26.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.