Bloom Energy Corporation (BE)
NYSE: BE · IEX Real-Time Price · USD
14.18
-0.47 (-3.21%)
At close: Jul 19, 2024, 4:00 PM
14.33
+0.15 (1.06%)
Pre-market: Jul 22, 2024, 5:45 AM EDT
Bloom Energy Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Bloom Energy stock have an average target of 15.5, with a low estimate of 9.00 and a high estimate of 22. The average target predicts an increase of 9.31% from the current stock price of 14.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Bloom Energy stock from 17 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Hold | 6 | 6 | 6 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $8 → $9 | Sell | Maintains | $8 → $9 | -36.53% | Jul 17, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $12 → $14 | Hold | Maintains | $12 → $14 | -1.27% | Jul 16, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $15 | Buy | Reiterates | $15 | +5.78% | Jun 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +5.78% | Jun 12, 2024 |
| BTIG | BTIG | Strong Buy Maintains $19 → $21 | Strong Buy | Maintains | $19 → $21 | +48.10% | Jun 6, 2024 |
Financial Forecast
Revenue This Year
1.51B
from 1.33B
Increased by 13.01%
Revenue Next Year
1.86B
from 1.51B
Increased by 23.56%
EPS This Year
0.11
from -1.42
EPS Next Year
0.49
from 0.11
Increased by 343.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.6B | 2.4B | 3.1B | 3.6B | 4.2B |
| Avg | 1.5B | 1.9B | 2.4B | 2.9B | 3.4B |
| Low | 1.4B | 1.5B | 1.8B | 2.1B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.3% | 58.2% | 68.4% | 46.6% | 45.1% |
| Avg | 13.0% | 23.6% | 30.4% | 19.9% | 15.6% |
| Low | 3.0% | 1.5% | -6.0% | -15.4% | -20.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.28 | 0.93 | 1.99 | 1.16 | 1.41 |
| Avg | 0.11 | 0.49 | 1.00 | 1.13 | 1.38 |
| Low | -0.47 | 0.10 | 0.28 | 1.08 | 1.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 751.7% | 309.9% | 15.3% | 24.2% |
| Avg | - | 343.6% | 105.8% | 13.1% | 21.8% |
| Low | - | -10.7% | -41.6% | 7.6% | 15.9% |
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.