The stock of Bloom Energy Corp (BE) has gone down by -10.57% for the week, with a -7.33% drop in the past month and a 112.82% rise in the past quarter. The volatility ratio for the week is 6.62%, and the volatility levels for the past 30 days are 7.41% for BE. The simple moving average for the past 20 days is -9.41% for BE’s stock, with a 51.34% simple moving average for the past 200 days.
Is It Worth Investing in Bloom Energy Corp (NYSE: BE) Right Now?
Moreover, the 36-month beta value for BE is 3.06. Analysts have varying 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 21.36% of that float. On January 13, 2025, BE’s average trading volume was 8.51M shares.
BE) stock’s latest price update
The stock of Bloom Energy Corp (NYSE: BE) has decreased by -7.76 when compared to last closing price of 23.58. Despite this, the company has experienced a -10.57% fall in its stock price over the last five trading sessions. schaeffersresearch.com reported 2025-01-10 that Beam Therapeutics (BEAM) Gene editing firm Beam Therapeutics is developing its own pipeline with base editing as its foundation technology, a technique that changes a single DNA or RNA base without cutting the DNA strand.
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 1.08% 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 -24.22% of loss for the given period.
Volatility was left at 7.41%, however, over the last 30 days, the volatility rate increased by 6.62%, as shares sank -6.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +117.95% upper at present.
During the last 5 trading sessions, BE fell by -9.13%, which changed the moving average for the period of 200-days by +104.63% in comparison to the 20-day moving average, which settled at $24.03. In addition, Bloom Energy Corp saw -2.07% in overturn over a single year, with a tendency to cut further losses.
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 4.91. 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
To wrap up, the performance of Bloom Energy Corp (BE) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
