Expert Outlook: Bloom Energy Through The Eyes Of 11 Analysts

In the latest quarter, 11 analysts provided ratings for Bloom Energy BE, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $18.64, a high estimate of $23.00, and a low estimate of $12.00. This current average represents a 10.38% decrease from the previous average price target of $20.80.

Exploring Analyst Ratings: An In-Depth Overview

A comprehensive examination of how financial experts perceive Bloom Energy is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Bloom Energy. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bloom Energy compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Bloom Energy's stock. This examination reveals shifts 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.

Get to Know Bloom Energy Better

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.

Bloom Energy's Economic Impact: An Analysis

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Bloom Energy's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 36.95%. This indicates a substantial increase 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -42.22%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Bloom Energy's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -42.55%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Bloom Energy's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -6.63%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Bloom Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.97, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: What Are They?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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