TD Cowen reiterated coverage on Bloom Energy with a new price target
$BE
Industrial Machinery/Components
Energy
TD Cowen reiterated coverage of Bloom Energy with a rating of Hold and set a new price target of $13.00 from $10.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | $24.50 | Buy → Hold | HSBC Securities |
| 11/15/2024 | $10.00 → $20.00 | Neutral → Overweight | Piper Sandler |
| 9/6/2024 | $15.00 → $11.00 | Buy → Hold | Jefferies |
| 5/10/2024 | $10.00 → $13.00 | Hold | TD Cowen |
| 4/1/2024 | $21.00 | Outperform | Evercore ISI |
| 3/6/2024 | $9.00 → $11.00 | Sell → Hold | Truist |
| 2/16/2024 | $14.00 | Overweight → Neutral | JP Morgan |
| 2/16/2024 | Overweight → Sector Weight | KeyBanc Capital Markets |
HSBC Securities downgraded Bloom Energy from Buy to Hold and set a new price target of $24.50
Piper Sandler upgraded Bloom Energy from Neutral to Overweight and set a new price target of $20.00 from $10.00 previously
Jefferies downgraded Bloom Energy from Buy to Hold and set a new price target of $11.00 from $15.00 previously
Deployment at scale will help meet data center customers' sharply increasing AI loads Bloom's clean and reliable fuel cell solution will be co-located at customer sites to rapidly enable AEP to meet the energy and economic development goals of its customers and stakeholders Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation, announced that it has signed a supply agreement with American Electric Power (AEP) for up to 1 gigawatt (GW) of its products, the largest commercial procurement of fuel cells in the world to date. As part of this agreement, AEP has placed an order for 100 megawatts (MW) of fuel cells with further expansion orders expected in 2025.
Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En
Reiterating 2024 Financial Guidance Announcing World's Largest Fuel Cell Installation Bloom Energy Corporation (NYSE:BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 million for the third quarter of 2024. Third Quarter Highlights Revenue of $330.4 million in the third quarter of 2024, a decrease of 17.5% year-over-year. Gross margin of 23.8% in the third quarter of 2024, an increase of 25.1 percentage points year-over-year; Non-GAAP gross margin of 25.2% in the third quarter of 2024, a decrease of 6.4 percentage points year-over-year. Operating loss of $9.7 million in the third quarter of 2024, an improv
144 - Bloom Energy Corp (0001664703) (Subject)
144 - Bloom Energy Corp (0001664703) (Subject)
10-Q - Bloom Energy Corp (0001664703) (Filer)
SC 13G/A - Bloom Energy Corp (0001664703) (Subject)
SC 13G/A - Bloom Energy Corp (0001664703) (Subject)
SC 13G/A - Bloom Energy Corp (0001664703) (Subject)
Reiterating 2024 Financial Guidance Announcing World's Largest Fuel Cell Installation Bloom Energy Corporation (NYSE:BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 million for the third quarter of 2024. Third Quarter Highlights Revenue of $330.4 million in the third quarter of 2024, a decrease of 17.5% year-over-year. Gross margin of 23.8% in the third quarter of 2024, an increase of 25.1 percentage points year-over-year; Non-GAAP gross margin of 25.2% in the third quarter of 2024, a decrease of 6.4 percentage points year-over-year. Operating loss of $9.7 million in the third quarter of 2024, an improv
Bloom Energy Corporation (NYSE:BE) today announced it will release its third quarter 2024 financial results on November 7, 2024, after market close. Bloom Energy's management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results. Q3 2024 Conference Call and Webcast Date: November 7, 2024 Time: 2 p.m. PT / 5 p.m. ET Duration: 60 minutes Live Dial in: 1 (888) 596-4144 (toll-free) | 1 (646) 968-2525 (toll) Conference ID: 5744085 Live webcast: https://investor.bloomenergy.com/ A telephonic replay of the conference call will be accessible for one week following the call at: Dial in: 1 (800) 770-2030 (toll-free) | 1 (60
Reiterating 2024 financial guidance Bloom Energy Corporation (NYSE:BE) reported today its financial results for the second quarter ended June 30, 2024. The company reported revenue of $335.8 million for the second quarter of 2024. Second Quarter Highlights Revenue of $335.8 million in the second quarter of 2024, an increase of 11.5% year-over-year. Gross margin of 20.4% in the second quarter of 2024, an increase of 1.7 percentage points year-over-year; Non-GAAP gross margin of 21.8% in the second quarter of 2024, an increase of 1.4 percentage points year-over-year. Operating loss of $23.1 million in the second quarter of 2024, an improvement of $31.3 million year-over-year; Non
4 - Bloom Energy Corp (0001664703) (Issuer)
4 - Bloom Energy Corp (0001664703) (Issuer)
4 - Bloom Energy Corp (0001664703) (Issuer)
Edward Vallejo joins New York Office InspIR Group ("InspIR"), the leading cross-border strategic investor relations and Sustainability consultancy, today announced that Ed Vallejo will join InspIR as Managing Director, effective September 16, 2024. Ed will further strengthen the firm's senior advisory capability in the U.S. and across the emerging markets. Ed is a highly seasoned IR leader who brings more than two decades of experience as a senior financial and operational executive, including extensive work in financial strategy, planning and modeling, and Sustainability. He held a number of senior executive roles throughout his 15 year tenure at American Water Works (NYSE:AWK) today a
Bloom Energy (NYSE:BE) has appointed Barbara Burger, Ph.D. to its Board of Directors, effective August 1, 2024. A seasoned executive and respected leader in the energy industry, Burger finished her career at Chevron in 2022 as vice president of innovation and president of Chevron Technology Ventures (CTV). While at the helm of CTV, Burger was charged with leading the innovations that unite the technology and industry of today with sustainable solutions for the energy demand of tomorrow. This spirit of innovation and extensive technical understanding will enable her to offer a unique perspective to Bloom as the company continues to make advances in its Solid Oxide Fuel Cell (SOFC) platform
Bloom Energy (NYSE:BE) appointed Gary Pinkus, Chairman of McKinsey & Company in North America, to its Board of Directors. Pinkus has spent nearly 40 years of his career at McKinsey & Company, the global management consulting firm, building substantial governance, leadership, and executive experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240612949581/en/Gary Pinkus, Chairman of McKinsey & Company in North America, has been named to Bloom Energy's Board of Directors. (Photo: Business Wire) He has established and led some of the firm's largest practices, including the co-founding and subsequent leadership of the global Pr
During the last three months, 10 analysts shared their evaluations of Bloom Energy (NYSE:BE), revealing diverse outlooks from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 4 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 1 0 2M Ago 1 2 0 0 0 3M Ago 0 2 2 0 0 Analysts have set 12-month price targets for Bloom Energy, revealing an average target of $14.6, a high estimate of $21.00, and a low estimate of $9.00. Surpassing the previous average price target of $13
Piper Sandler analyst Kashy Harrison maintains Bloom Energy (NYSE:BE) with a Neutral and raises the price target from $10 to $11.
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea