Bloom Energy (BE) to Release Quarterly Earnings on Wednesday

Bloom Energy (NYSE:BE - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Bloom Energy to post earnings of ($0.07) per share and revenue of $294.27 million for the quarter.

Bloom Energy Stock Performance

Shares of BE opened at $16.87 on Wednesday. Bloom Energy has a 52 week low of $9.02 and a 52 week high of $29.83. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.33 and a current ratio of 3.36. The company has a market capitalization of $3.89 billion, a PE ratio of -30.12 and a beta of 3.27. The company's 50 day moving average price is $21.56 and its 200 day moving average price is $20.70.

Insider Transactions at Bloom Energy

In other news, insider Satish Chitoori sold 1,020 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $25.09, for a total transaction of $25,591.80. Following the completion of the transaction, the insider now owns 178,656 shares of the company's stock, valued at approximately $4,482,479.04. This represents a 0.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 8.81% of the company's stock.

Analyst Ratings Changes

BE has been the subject of several recent research reports. Jefferies Financial Group cut their price objective on Bloom Energy from $25.00 to $19.00 and set a "hold" rating for the company in a report on Wednesday, April 16th. Mizuho started coverage on Bloom Energy in a research note on Tuesday, March 18th. They set a "neutral" rating and a $28.00 price target for the company. JPMorgan Chase & Co. boosted their price target on Bloom Energy from $14.00 to $16.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Royal Bank of Canada set a $26.00 price objective on shares of Bloom Energy in a research report on Monday, April 14th. Finally, Hsbc Global Res raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $22.97.

About Bloom Energy

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

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