How to buy stocks in Bloom Energy
Bloom Energy
The Bloom Energy Server is a solid oxide fuel cell power generator made by Bloom Energy, of Sunnyvale, California, that takes a variety of input fuels, including liquid or gaseous hydrocarbons produced from biological sources, to produce electricity at or near the site where it will be used…
Full Answer
Where can I buy Bloom Energy shares?
Shares of BE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Bloom Energy's stock price today?
What are analysts'target prices for Bloom Energy's stock?
11 equities research analysts have issued 1-year target prices for Bloom Energy's shares. Their forecasts range from $8.00 to $43.00. On average, they anticipate Bloom Energy's stock price to reach $30.44 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
What's the upside for Bloom Energy (blo) stock?
Their forecasts range from $16.00 to $43.00. On average, they anticipate Bloom Energy's share price to reach $26.93 in the next year. This suggests a possible upside of 54.1% from the stock's current price.
How much does Bloom Energy make a year?
Bloom Energy has a market capitalization of $3.07 billion and generates $972.18 million in revenue each year. The company earns $-164.45 million in net income (profit) each year or ($0.95) on an earnings per share basis.
Is Bloom Energy stock a good buy?
Zacks' proprietary data indicates that Bloom Energy Corporation is currently rated as a Zacks Rank 3 and we are expecting an inline return from the BE shares relative to the market in the next few months.
Is Bloom Energy a public company?
Bloom Energy is a public company headquartered in San Jose, California....Bloom Energy.TypePublicTraded asNYSE: BE (Class A) Russell 2000 Index componentIndustryalternative energy industryFounded2001FounderK.R Sridhar (CEO), John Finn, Matthias Gottmann, James McElroy, Dien Nguyen10 more rows
What is the target price for Bloom Energy?
Stock Price TargetsHigh$32.00Median$26.00Low$19.00Average$25.44Current Price$18.28
Does Bloom Energy have a future?
For the full year, revenue was $972.2 million, growing 22.4% compared to 2020. Overall, Bloom Energy's performance so far has been impressive. In 2022, Bloom Energy expects to grow its revenue by around 16%. It also expects to generate positive cash flows from operations for the full year.
Is Bloom Energy profitable?
Bloom Energy is bordering on breakeven, according to the 16 American Electrical analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$61m in 2024. Therefore, the company is expected to breakeven roughly 2 years from today.
Who are Bloom Energy competitors?
Bloom Energy's top competitors include Fulcrum BioEnergy, Relectrify, and Nexceris.
Will Fcel stock go up?
Fuelcell Energy Inc (NASDAQ:FCEL) The 7 analysts offering 12-month price forecasts for Fuelcell Energy Inc have a median target of 5.30, with a high estimate of 7.00 and a low estimate of 5.00. The median estimate represents a +25.59% increase from the last price of 4.22.
What ever happened to the Bloom Box?
Bloom boxes have been operating nonstop at Caltech for over a decade, providing nearly 30% of the power to its Pasadena campus. “Having stable power is very important to scientists,” says Caltech facilities director Jim Cowell. “The grid has been disintermediated.”
What fuel does bloom energy use?
Hydrogen Fuel CellsHydrogen Fuel Cells We're leveraging our proven fuel cell technology to generate carbon-free electricity from hydrogen.
Who is the CEO of Bloom Energy?
KR SridharBloom Energy / CEOKR Sridhar is an Indian American engineer, professor, and entrepreneur. He is the founder, chairman, and chief executive officer of Bloom Energy. He was a professor of Aerospace and Mechanical Engineering as well as Director of the Space Technologies Laboratory at the University of Arizona. Wikipedia
Steps To Buying Or Selling Bloom Energy Corp Stocks and Shares
Decide how you want to buy, sell or trade Bloom Energy Corp BE stocks and shares. Do you want to to trade in Bloom Energy Corp CFD Stocks, Fractional Bloom Energy Corp shares or traditional Bloom Energy Corp Stocks.
Buy or Sell Bloom Energy Corp (BE) Stock for 21.20 USD
The highest price Bloom Energy Corp stock has been at in the last year is 44.95 USD and its lowest price the last year was 12.37 USD.
How To Buy Or Sell Bloom Energy Corp BE Stocks & Shares
You can purchase Bloom Energy Corp shares directly through a brokerage account or one of the various investment applications available. These systems allow you to buy, trade, and keep Bloom Energy Corp stocks from the comfort of your own home or smartphone.
Choosing An Bloom Energy Corp Stock Broker
When choosing a Bloom Energy Corp stock broker, make sure you consider the variety of exchanges that the broker offers through which to buy and sell individual Bloom Energy Corp stocks and securities, the commissions and fees charged by the broker for conducting trading in Bloom Energy Corp, and what margin rates the broker offers.
Steps to Trading Bloom Energy Corp BE Stocks & Shares
You've opted to purchase Bloom Energy Corp BE stocks and shares. Let's explore what's in store for you before you can declare yourself an Bloom Energy Corp BE stock shareholder. The procedure is same for any company's stock, and we'll use Bloom Energy Corp BE as an example.
How To Buy Sell Or Trade Bloom Energy Corp Stock Guide
When it comes to trading, risk is the potential that your Bloom Energy Corp investment might fail to deliver any anticipated monetary gains. This could mean receiving lower returns than expected, or losing the original Bloom Energy Corp investment itself.
Bloom Energy Corp BE Trading Fees
some Bloom Energy Corp stock brokers are currently offering low or no trading fees for trading Bloom Energy Corp. There is also no account minimum, but there are a variety of promotional offers that you should be aware of before investing in Bloom Energy Corp stock.
What is Bloom Energy?
The company offers Bloom Energy Server, a power generation platform that converts standard low-pressure natural gas, biogas, or hydrogen into electricity through an electrochemical process without combustion. It serves hospitals, healthcare companies, retailers, and data centers. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
How to calculate Bloom Energy's P/E ratio?
Bloom Energy Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 33.7814. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
What is Bloom Energy?
Bloom Energy is the creator of an on-site power generation system that utilizes a new fuel cell technology with roots in NASA's Mars program. Derived from a common sand-like powder, and leveraging advances in materials science, their technology is able to produce clean, reliable, affordable power from a wide range of renewable or traditional fuels.
Does Equity Zen have an affiliation with Bloom Energy?
EquityZen does not have an affiliation with, formal relationship with, or endorsement from Bloom Energy or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature. Some data provided by Crunchbase.
How much does Bloom Energy make?
Bloom Energy has a market capitalization of $3.58 billion and generates $794.25 million in revenue each year. The company earns $-157,550,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis.
When is Bloom Energy earnings call?
How can I listen to Bloom Energy's earnings call? Bloom Energy will be holding an earnings conference call on Wednesday, August 4th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "7526169".
The fuel cell maker is betting big on the hydrogen economy
Rekha Khandelwal, CFA, is a long-term investor with a special focus on energy stocks. Rekha holds a master's in finance and has worked as a financial consultant. When she isn't writing, she can be found traveling to a new city or country.
Key Points
Bloom Energy will start selling fully hydrogen-powered fuel cells and electrolyzers in 2022.
A massive opportunity
Bloom Energy is in the right market at the right time. The clean energy company offers a range of products across markets. Its energy servers provide utility grid alternatives to commercial and industrial customers. These are primarily used as back-up equipment and to supplement power from the grid.
A key partnership
Bloom Energy recently expanded its partnership with South Korea's SK ecoplant, an affiliate of SK Group. Under the new partnership, SK ecoplant will buy a minimum of 500 megawatts (MW) of power from Bloom Energy through 2024. That would amount to around $4.5 billion in equipment and service revenue for Bloom Energy.
Bright long-term prospects
There is a lot to like about Bloom Energy. First, the company is just entering the hydrogen market, which has massive potential. Bloom Energy believes that its fuel cells and electrolyzers are the most cost-effective among the hydrogen solutions available in the market right now.
What is Bloom Energy?
Bloom Energy offers fuel cells primarily in the U.S., and also in Japan, India, and South Korea. The company's fuel cell technology differs from what most other fuel cell companies typically offer. Proton exchange membrane (PEM) fuel cells are currently the most widely used fuel cells. These are compact and can start or stop quickly, and so are useful in vehicles such as forklifts. PEM fuel cells use hydrogen as an input. Hydrogen fuel cells' only byproduct is water, making it one of the cleanest sources of energy.
How does Bloom Energy work?
One is by capturing CO2 emissions from its fuel cells, which can then be stored underground or utilized in some other way. The second is by increasing the use of renewable natural gas as an input fuel. Finally, it is working to expand the use of hydrogen as an input fuel as mentioned above.
What is the difference between hydrogen fuel cells and bloom energy?
Hydrogen fuel cells' only byproduct is water, making it one of the cleanest sources of energy. In contrast, Bloom Energy uses solid oxide fuel cell technology, which converts input fuel into electricity through an electrochemical process without burning the fuel. The input fuel is usually natural gas or biogas.
What is Bloom Energy's input fuel?
The input fuel is usually natural gas or biogas. Bloom Energy's value proposition is increased reliability compared to electric power grids, but with reduced emissions, as the fuel is not burned. The company's fuel cells can also use renewable energy sources, such as solar or wind, as input and electrolyze it to produce hydrogen, ...
What is Bloom Energy's gross margin?
Bloom Energy targets a gross margin of 30% and operating margin of 15%, excluding stock-based compensation, by 2025. Notably, including the impact of stock-based compensation and interest charges, net profits would be minimal. And we are talking about five years down the line. Still, if the company attains profitability, it could be a big turning point for it. Growing business by selling a profitable product is easier than one that is generating losses. The company's addressable market could be huge, if the use of fuel cells technology grows as it is hoping.
Is Bloom Energy still developing?
All of this sounds great for the environment, but a key concern is that Bloom Energy is still developing technologies while its current offerings continue to remain unprofitable.
