| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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During the last three months, 9 analysts shared their evaluations of Bloom Energy (NYSE:BE), revealing diverse outlooks from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 5 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $16.78, with a high estimate of $22.00 and a low estimate of $10.00. This current average has increased by 5.67% from the previous average price target of $15.88.
A clear picture of Bloom Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Gregory Lewis | BTIG | Raises | Buy | $21.00 | $19.00 |
| Chris Dendrinos | RBC Capital | Maintains | Outperform | $14.00 | $14.00 |
| Michael Blum | Wells Fargo | Raises | Equal-Weight | $14.00 | $12.00 |
| Jeffrey Osborne | TD Cowen | Raises | Hold | $13.00 | $10.00 |
| James West | Evercore ISI Group | Lowers | Outperform | $20.00 | $21.00 |
| James West | Evercore ISI Group | Announces | Outperform | $21.00 | - |
| Biju Perincheril | Susquehanna | Lowers | Positive | $16.00 | $18.00 |
| Stephen Byrd | Morgan Stanley | Maintains | Overweight | $22.00 | $22.00 |
| Kashy Harrison | Piper Sandler | Lowers | Neutral | $10.00 | $11.00 |
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Bloom Energy's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Bloom Energy analyst ratings.
Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and South Korea.
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Decline in Revenue: Over the 3 months period, Bloom Energy faced challenges, resulting in a decline of approximately -14.5% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -24.45%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Bloom Energy's ROE excels beyond industry benchmarks, reaching -11.88%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Bloom Energy's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -2.45% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Bloom Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 3.11, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: BE
