Bloom Energy Corporation (BE)
NYSE: BE · IEX Real-Time Price · USD
11.02
-0.01 (-0.14%)
Mar 28, 2024, 10:22 AM EDT - Market open

Bloom Energy Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Bloom Energy stock have an average target of 16.2, with a low estimate of 10 and a high estimate of 25. The average target predicts an increase of 47.07% from the current stock price of 11.02.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $16.2 $16 $25
Change -9.21% +47.07% +45.26% +126.96%

Analyst Ratings

The average analyst rating for Bloom Energy stock from 16 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 344444
Buy 677855
Hold 556466
Sell 000111
Strong Sell 000000
Total 141617171616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Susquehanna
Susquehanna
Buy
Maintains
$18$16
Buy Maintains $18$16 +45.26% Mar 27, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$22
Buy Maintains $22 +99.73% Mar 25, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$11$10
Hold Maintains $11$10 -9.21% Mar 11, 2024
Truist Securities
Truist Securities
Hold
Upgrades
$9$11
Hold Upgrades $9$11 -0.14% Mar 6, 2024
RBC Capital
RBC Capital
Buy
Maintains
$21$14
Buy Maintains $21$14 +27.10% Feb 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.51B
from 1.33B
Increased by 13.46%
Revenue Next Year
1.88B
from 1.51B
Increased by 24.12%
EPS This Year
0.09
from -1.42
EPS Next Year
0.43
from 0.09
Increased by 355.51%
Year 2019202020212022202320242025202620272028
Revenue
785.18M794.25M972.18M1.20B1.33B1.51B1.88B2.42B3.83B4.19B
Revenue Growth
24.11%1.16%22.40%23.34%11.20%13.46%24.12%28.97%58.05%9.48%
EPS
-2.67-1.14-0.95-1.62-1.420.090.430.81--
EPS Growth
------355.51%88.34%--
No. Analysts -----28271364
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.7B 2.4B 3.1B 4.1B 4.3B
Avg 1.5B 1.9B 2.4B 3.8B 4.2B
Low 1.3B 1.4B 1.9B 3.5B 4.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
27.6%
57.5%
65.1%
68.7%
11.6%
Avg
13.5%
24.1%
29.0%
58.1%
9.5%
Low
0.6%
-7.8%
-
42.9%
4.2%

EPS Forecast

EPS 202420252026
High 0.55 0.84 1.21
Avg 0.09 0.43 0.81
Low -0.56 0.05 0.15

EPS Growth

EPS Growth 202420252026
High -
790.3%
182.7%
Avg -
355.5%
88.3%
Low -
-48.1%
-64.9%
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.