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The closing price of Bloom Energy Corp (NYSE: BE) was $22.70 for the day, down -6.08% from the previous closing price of $24.17. In other words, the price has decreased by -$6.08 from its previous closing price. On the day, 8.49 million shares were traded.
Ratios:
Our analysis of BE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 3.93 whereas as Long-Term Debt/Eq ratio is at 3.57.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on December 11, 2024, initiated with a Neutral rating and assigned the stock a target price of $25.
On November 20, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $24.50.
Piper Sandler Upgraded its Neutral to Overweight on November 15, 2024, whereas the target price for the stock was revised from $10 to $20.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 14 ’25 when Chitoori Satish sold 7,868 shares for $25.42 per share. The transaction valued at 200,005 led to the insider holds 179,676 shares of the business.
Joshi Aman sold 13,971 shares of BE for $353,466 on Feb 14 ’25. The Chief Commercial Officer now owns 136,029 shares after completing the transaction at $25.30 per share. On Feb 14 ’25, another insider, SODERBERG SHAWN MARIE, who serves as the insider of the company, sold 10,486 shares for $25.31 each. As a result, the insider received 265,401 and left with 162,009 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.12 while its Price-to-Book (P/B) ratio in mrq is 12.04.
Stock Price History:
Over the past 52 weeks, BE has reached a high of $29.83, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is -6.27%, while the 200-Day Moving Average is calculated to be 39.57%.
Shares Statistics:
A total of 228.51M shares are outstanding, with a floating share count of 192.65M. Insiders hold about 15.72% of the company’s shares, while institutions hold 82.67% stake in the company.
