Several analysts have recently updated their ratings and price targets for Bloom Energy (NYSE: BE):

  • 1/7/2019 – Bloom Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “
  • 1/2/2019 – Bloom Energy was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 12/31/2018 – Bloom Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “
  • 12/24/2018 – Bloom Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “
  • 12/7/2018 – Bloom Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “
  • 11/28/2018 – Bloom Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “
  • 11/21/2018 – Bloom Energy was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “
  • 11/15/2018 – Bloom Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Bloom Energy Corporation generates and distributes renewable energy. It supplies electricity to the residential, commercial and industrial sectors. Bloom Energy Corporation is based in CA, United States. “

NYSE:BE traded down $0.01 on Monday, reaching $12.23. 1,249 shares of the company’s stock were exchanged, compared to its average volume of 484,850. The company has a current ratio of 2.57, a quick ratio of 2.07 and a debt-to-equity ratio of 6.76. Bloom Energy Corp has a 52-week low of $9.42 and a 52-week high of $38.00.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Monday, November 5th. The company reported ($1.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.56) by ($0.49). The business had revenue of $190.20 million for the quarter, compared to the consensus estimate of $185.05 million. The business’s revenue for the quarter was up 102.8% compared to the same quarter last year. As a group, research analysts anticipate that Bloom Energy Corp will post -2.11 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in BE. Bamco Inc. NY acquired a new position in Bloom Energy in the third quarter valued at approximately $89,467,000. Hsbc Holdings PLC acquired a new position in Bloom Energy in the third quarter valued at approximately $61,387,000. Vanguard Group Inc. acquired a new position in Bloom Energy in the third quarter valued at approximately $49,811,000. Vanguard Group Inc acquired a new position in Bloom Energy in the third quarter valued at approximately $49,811,000. Finally, Clearbridge Investments LLC acquired a new position in Bloom Energy in the third quarter valued at approximately $47,989,000. Hedge funds and other institutional investors own 19.42% of the company’s stock.

Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems. It offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was formerly known as Ion America Corp.

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