Bloom Energy Corporation (BE)
NYSE: BE · IEX Real-Time Price · USD
12.82
-1.19 (-8.49%)
At close: Jun 21, 2024, 4:00 PM
12.87
+0.05 (0.39%)
After-hours: Jun 21, 2024, 7:55 PM 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 15.56, with a low estimate of 10 and a high estimate of 22. The average target predicts an increase of 21.37% from the current stock price of 12.82.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $15.56 $15 $22
Change -22.00% +21.37% +17.00% +71.61%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 444433
Buy 855666
Hold 466677
Sell 111111
Strong Sell 000000
Total 171616171717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$15
Buy Reiterates $15 +17.00% Jun 20, 2024
RBC Capital
RBC Capital
Buy
Maintains
$14$15
Buy Maintains $14$15 +17.00% Jun 12, 2024
BTIG
BTIG
Strong Buy
Maintains
$19$21
Strong Buy Maintains $19$21 +63.81% Jun 6, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$14
Buy Reiterates $14 +9.20% May 21, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$12$14
Hold Maintains $12$14 +9.20% May 20, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
785.18M794.25M972.18M1.20B1.33B1.51B1.86B2.43B2.91B3.36B
Revenue Growth
24.11%1.16%22.40%23.34%11.20%13.01%23.56%30.40%19.85%15.60%
EPS
-2.67-1.14-0.95-1.62-1.420.110.491.001.131.38
EPS Growth
------343.56%105.80%13.13%21.82%
Forward PE
-----116.8526.3412.8011.329.29
No. Analysts -----29281744
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.