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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
Buy | 6 | 7 | 7 | 8 | 5 | 5 |
Hold | 5 | 5 | 6 | 4 | 6 | 6 |
Sell | 0 | 0 | 0 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 16 | 17 | 17 | 16 | 16 |
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 | Strong Sell → Hold Upgrades $9 → $11 | Strong Sell → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.