Where Bloom Energy Stands With Analysts

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In the preceding three months, 13 analysts have released ratings for Bloom Energy BE, presenting a wide array of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 6 5 1 0
Last 30D 0 1 0 0 0
1M Ago 0 0 2 0 0
2M Ago 1 3 3 1 0
3M Ago 0 2 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $15.38, a high estimate of $22.00, and a low estimate of $10.00. Highlighting a 9.53% decrease, the current average has fallen from the previous average price target of $17.00.

Deciphering Analyst Ratings: An In-Depth Analysis

The analysis of recent analyst actions sheds light on the perception of Bloom Energy by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Stephen Byrd Morgan Stanley Maintains Overweight $22.00 $22.00
Kashy Harrison Piper Sandler Lowers Neutral $10.00 $11.00
Jordan Levy Truist Securities Raises Hold $11.00 $9.00
Chris Dendrinos RBC Capital Lowers Outperform $14.00 $21.00
Ameet Thakkar BMO Capital Lowers Market Perform $10.00 $11.00
Kashy Harrison Piper Sandler Lowers Neutral $11.00 $14.00
Pavel Molchanov Raymond James Lowers Outperform $16.00 $20.00
Biju Perincheril Susquehanna Lowers Positive $18.00 $21.00
Mark Strouse JP Morgan Lowers Neutral $14.00 $19.00
Julien Dumoulin-Smith B of A Securities Lowers Underperform $10.00 $16.00
Gregory Lewis BTIG Announces Buy $21.00 -
Chris Dendrinos RBC Capital Lowers Outperform $21.00 $24.00
Ben Kallo Baird Raises Outperform $22.00 $16.00

Key Insights:

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  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bloom Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Bloom Energy compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Bloom Energy's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Bloom Energy's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Bloom Energy analyst ratings.

All You Need to Know About Bloom Energy

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.

Understanding the Numbers: Bloom Energy's Finances

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Decline in Revenue: Over the 3 months period, Bloom Energy faced challenges, resulting in a decline of approximately -22.84% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Bloom Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.26% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Bloom Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.91%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Bloom Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.19%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.9, caution is advised due to increased financial risk.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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