In the past week, BE stock has gone down by -0.04%, with a monthly decline of -6.96% and a quarterly surge of 128.36%. The volatility ratio for the week is 6.25%, and the volatility levels for the last 30 days are 7.52% for Bloom Energy Corp The simple moving average for the last 20 days is -0.05% for BE stock, with a simple moving average of 73.46% for the last 200 days.
Is It Worth Investing in Bloom Energy Corp (NYSE: BE) Right Now?
Company’s 36-month beta value is 3.06.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for BE is 192.53M, and currently, short sellers hold a 20.51% ratio of that floaft. The average trading volume of BE on January 06, 2025 was 8.29M shares.
BE) stock’s latest price update
Bloom Energy Corp (NYSE: BE) has seen a rise in its stock price by 4.07 in relation to its previous close of 23.37. However, the company has experienced a -0.04% decline in its stock price over the last five trading sessions. fool.com reported 2025-01-04 that In November 2024, Bloom Energy (BE 4.07%) made a big announcement: It will be supplying a roughly 80-megawatt fuel cell project in South Korea. The project, assuming all goes as planned, will be the “world’s largest fuel cell installation in history.
Analysts’ Opinion of BE
Many brokerage firms have already submitted their reports for BE stocks, with ROTH MKM repeating the rating for BE by listing it as a “Neutral.” The predicted price for BE in the upcoming period, according to ROTH MKM is $25 based on the research report published on December 11, 2024 of the previous year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see BE reach a price target of $24.50. The rating they have provided for BE stocks is “Hold” according to the report published on November 20th, 2024.
Piper Sandler gave a rating of “Overweight” to BE, setting the target price at $20 in the report published on November 15th of the previous year.
BE Trading at 21.15% from the 50-Day Moving Average
After a stumble in the market that brought BE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.26% of loss for the given period.
Volatility was left at 7.52%, however, over the last 30 days, the volatility rate increased by 6.25%, as shares sank -7.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +149.95% upper at present.
During the last 5 trading sessions, BE fell by -0.04%, which changed the moving average for the period of 200-days by +156.81% in comparison to the 20-day moving average, which settled at $24.33. In addition, Bloom Energy Corp saw 9.50% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BE starting from Chitoori Satish, who sale 1,042 shares at the price of $25.61 back on Dec 16 ’24. After this action, Chitoori Satish now owns 185,456 shares of Bloom Energy Corp, valued at $26,686 using the latest closing price.
SATISH PRABHU CHITOORI, the Officer of Bloom Energy Corp, proposed sale 1,042 shares at $25.61 during a trade that took place back on Dec 16 ’24, which means that SATISH PRABHU CHITOORI is holding shares at $26,680 based on the most recent closing price.
Stock Fundamentals for BE
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.25 for the gross margin
The net margin for Bloom Energy Corp stands at -0.1. The total capital return value is set at -0.02. Equity return is now at value -28.23, with -5.20 for asset returns.
Based on Bloom Energy Corp (BE), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at -0.24. The debt to equity ratio resting at 2.62. The interest coverage ratio of the stock is -0.52.
Currently, EBITDA for the company is -135.13 million with net debt to EBITDA at -84.29. When we switch over and look at the enterprise to sales, we see a ratio of 5.37. The receivables turnover for the company is 1.74for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.28.
Conclusion
In a nutshell, Bloom Energy Corp (BE) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
