Bloom Energy(BE)
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Bloom Energy (BE) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-22 23:21
The most recent trading session ended with Bloom Energy (BE) standing at $9.73, reflecting a -1.42% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.05%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%.The the stock of developer of fuel cell systems has fallen by 9.12% in the past month, leading the Oils-Energy sector's loss of 9.67% and undershooting the S&P 500's gain of 2.76%.Investors will be eagerly watching for the performa ...
Bloom Energy (BE) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-08 23:20
Bloom Energy (BE) closed the most recent trading day at $10.25, moving -1.06% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.97% for the day. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.45%. The the stock of developer of fuel cell systems has risen by 6.26% in the past month, leading the Oils-Energy sector's loss of 1.76% and the S&P 500's gain of 5.41%. Market participants will be closely follow ...
Bloom Energy (BE) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-30 23:16
Bloom Energy (BE) closed at $10.56 in the latest trading session, marking a -1.31% move from the prior day. This change lagged the S&P 500's daily gain of 0.42%. Elsewhere, the Dow gained 0.04%, while the techheavy Nasdaq added 0.38%. Coming into today, shares of the developer of fuel cell systems had lost 10.16% in the past month. In that same time, the Oils-Energy sector lost 2.47%, while the S&P 500 gained 2.06%. Market participants will be closely following the financial results of Bloom Energy in its u ...
Is Bloom Energy Stock Going to $15? A Wall Street Analyst Thinks So.
The Motley Fool· 2024-09-25 13:00
This green-energy company could multiply the greenbacks for investors. The stock of hydrogen power specialist Bloom Energy (BE -2.95%) has nearly 40% upside potential. Well, it does if you accept the latest evaluation of the company from one of the more bullish analysts tracking its fortunes. On the basis of information he received about Bloom Energy's looming future, he reiterated his quite positive take on its prospects. Still a buy, by the by In a new research note, RBC Capital Markets analyst Chris Dend ...
Bloom Energy (BE) Surges 6.5%: Is This an Indication of Further Gains?
ZACKS· 2024-09-23 18:10
Bloom Energy (BE) shares rallied 6.5% in the last trading session to close at $10.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.9% loss over the past four weeks. Bloom Energy is a trusted partner in delivering low-carbon energy and is a leader in solid oxide fuel cell technology, having demonstrated 60% electrical efficiency using hydrogen, and 90% combined heat and power efficiency. The company is ex ...
Bloom Energy (BE) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-09-19 23:21
In the latest market close, Bloom Energy (BE) reached $10.24, with a +0.99% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.7%. Elsewhere, the Dow saw an upswing of 1.26%, while the tech-heavy Nasdaq appreciated by 2.51%. Shares of the developer of fuel cell systems have depreciated by 12.44% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.52% and the S&P 500's gain of 1.27%. The investment community will be closel ...
Why Bloom Energy Stock Dropped 12% Today
The Motley Fool· 2024-09-06 15:07
Who knows Bloom Energy best -- the fuel cell company itself, or the analyst who covers it? Easy come, easy go. One month ago, Bloom Energy (BE -10.06%) stock soared 11% in a day after reporting strong sales (but a big GAAP loss) in its Q2 2024 earnings report. Today, the fuel cell stock is moving in the opposite direction, down 11.7% through 10:05 a.m. ET. You can blame investment bank Jefferies for that. Downgrading Bloom Energy stock In a note covered on StreetInsider.com, Jefferies analyst Lloyd Byrne to ...
Bloom Energy Stock: Buy, Sell, or Hold?
The Motley Fool· 2024-08-26 08:41
Bloom Energy's platform could benefit from artificial intelligence's growing power demands. Is it a buy today? Energy helps keep global economies going, and demand for it will only go up from here. One growing sector of the economy that is expected to need more energy, according to a recent study from Goldman Sachs, involves the use of artificial intelligence (AI) applications and services such as OpenAI's ChatGPT. The study says demand for data center power is expected to grow 160% by 2030. There are plent ...
Bloom Energy: Likelihood Of Another Guidance Miss Should Keep Investors Sidelined
Seeking Alpha· 2024-08-13 14:48
Justin Sullivan Note: I have previously covered Bloom Energy Corporation or "Bloom Energy" (NYSE:BE), so investors should view this as an update to my earlier articles on the company. Last week, stationary fuel cell system provider Bloom Energy reported mixed second quarter results. While revenues of $335.8 million came in ahead of consensus expectations, cash usage of $187.5 million increased to a new 12-month high. | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------- ...
Why Bloom Energy Stock Just Jumped 11%
The Motley Fool· 2024-08-09 15:22
All aboard, investors. This fuel cell energy train may be about ready to leave the station. Bloom Energy (BE 8.59%) stock soared 11% through 9:50 a.m. ET after reporting an earnings miss but a revenue beat last night. Heading into the quarter, analysts forecast the fuel cell energy stock would lose $0.04 per share on $307.5 million in sales. Bloom's losses were bigger than expected at $0.06 per share. However, sales came in much stronger than expected at $335.8 million -- and investors seem to like that new ...