Bloom Energy stock: buy or sell?

BE stock price: $11.72 -1.51% At close on May 20th, 2019

Updated on:
May 20th, 2019

1

After sliding a spooky -9.16% on Friday, Bloom Energy closed today at $11.72 and slightly fell an awful -1.51%. Monday was the 4th red session in a row, sliding in full a -14.77%.

Should I buy Bloom Energy stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Bloom Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BE will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Bloom Energy stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 2 ratings published for BE stock in the last 30 days.

Is BE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-6Credit Suisse GroupNeutralOutperform
2019-2-13Raymond JamesMarket PerformOutperform

Bloom Energy stock analysis

Daily outlook

After sliding a spooky -9.16% on Friday, Bloom Energy closed today at $11.72 and slightly fell an awful -1.51%.

After sliding a spooky -9.16% on Friday, Bloom Energy closed today at $11.72 and slightly fell an awful -1.51%.

BE stock chart (daily)

Weekly outlook

After sliding a bloodcurdling -12.35% in a week last week, Bloom Energy closed this week at $11.72 and depreciated a lame -1.51%. Late April BE boosted an astounding 19.40% in just one week. This was the 3rd red week in a row, sliding in full a -28.78%.

Having descending tops is not good news for investors in BE. Although it's only a warning signal, investors should be on alert during next weeks to identify possible new risks. Falling under its previous bottom at would confirm the downtrend path. Far behind is the all-time high Bloom Energy hit late September 2018 and since then the price is -69.16% below that top. Since price and 20-weeks moving average lines crossed down last week, BE fell $-1.65 per share (-12.34%).

BE stock chart (weekly)

Bloom Energy stock price history

Bloom Energy stock went public on July with a price of $18.701. Since then, BE stock sliced a -37.30%, with a yearly average of inf%.

1: Adjusted price after possible price splits or reverse-splits.

Bloom Energy stock historical price chart

BE stock reached all-time highs on September with a price of $38.00.

Bloom Energy stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' BE stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for Bloom Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Bloom Energy reported good results for 2018-Q4 on February. Bloom Energy gained Earnings per Share (EPS) by 7.00%, beating analysts estimates of $-0.86. Bloom Energy posted $-0.92.
BE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-08-07n/a-1.02n/a
2018-Q32018-11-05-0.56-1.05n/a
2018-Q42019-02-05-0.86-0.92n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Bloom Energy annual revenues skyrocketed an exceptional 97.35% to $742.04 M dollars from $376.00 marked in 2017. In the same way, its income margin (compared to revenues) climbed to -32.58%, that is $-241.75 million.

BE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$248 M-$-217.62 M-87.7%-
2015$173 M-30.33%$-341.00 M-197.2%56.70%
2016$209 M20.62%$-279.66 M-134.1%-17.99%
2017$376 M80.30%$-262.60 M-69.8%-6.10%
2018$742 M97.35%$-241.75 M-32.6%-7.94%

Quarterly financial results

Bloom Energy reported $213.61 million in revenues for 2018-Q4, a 12.31% up compared to previous quarter. Reported quarter earnings marked $-99.78 M with a profit margin of -46.71%. Profit margin dropped a -5.40% compared to previous quarter when profit margin was -41.32%. When comparing revenues to same quarter last year, Bloom Energy sales marked a dazzling gain and rocketed a 73.31%. Looking back to recent quarterly results, Bloom Energy posted 2 positive quarters in a row.
BE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$72 M-$-59.53 M-82.5%-
2017-Q2$87 M20.20%$-63.48 M-73.1%6.62%
2017-Q3$94 M8.05%$-71.83 M-76.6%13.16%
2017-Q4$123 M31.44%$-67.76 M-55.0%-5.66%
2018-Q1$169 M37.41%$-17.72 M-10.5%-73.86%
2018-Q2$169 M-0.28%$-45.68 M-27.0%157.83%
2018-Q3$190 M12.62%$-78.58 M-41.3%72.03%
2018-Q4$214 M12.31%$-99.78 M-46.7%26.98%

Bloom Energy ownership

When you are planning to invest in a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Bloom Energy, 12.83% of all outstanding shares are owned by its staff.

In case of Bloom Energy stock, 2.29% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BE stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

BE
Market cap$686.9 M
Total shares58.6 M
Float shares53.9 M
  - Institutional holdings (%)2.3%
  - Insider holdings (%)12.8%
Shares in short selling0.0%

Bloom Energy summary

Monday, May 20th, 2019
Open$12.06
Close$11.72
Day range$11.64 - $12.06
Previous close$11.90
Session gain-1.51%
Average true range$0.93
50d mov avg$12.94
100d mov avg$12.45
200d mov avg$17.97
Daily patternlt01c
Weekly pattern lt01a

Bloom Energy performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Bloom Energy to :
Stock3m6m12m
BEBloom Energy-16.41%-21.81%0.00%

Bloom Energy competitors

Unfortunately, we could not find any public company that could be defined as Bloom Energy competitor. This doesn't mean Bloom Energy does not have any competitor in the market, it's just we could not detected it.