Bloom Energy stock: buy or sell?

BE stock price: $10.70 10.88% At close on February 14th, 2020

Updated on:
February 14th, 2020

3

After sliding a bloodcurdling -8.39% on Thursday, Bloom Energy closed on Feb 14th at $10.70 and climbed an astounding 10.88%.

Should I buy Bloom Energy stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. 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 posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for BE stock for the last 30 days.

Bloom Energy stock analysis

Daily outlook

After sliding a bloodcurdling -8.39% on Thursday, Bloom Energy closed on February 14th at $10.70 and climbed an astounding 10.88%.

After sliding a bloodcurdling -8.39% on Thursday, Bloom Energy closed on February 14th at $10.70 and climbed an astounding 10.88%. Since price and SMA200d lines crossed up on February/3, BE climbed $2.82 (35.79%). BE shows a sign of strength in the short-term after finally breaking out above $10.62 on Wednesday and marking a new rising bottom. Since SMA50d and SMA100d crossed up on December, BE price climbed $4.13 per share (62.86%).

BE stock chart (daily)

Weekly outlook

Bloom Energy climbed a dazzling 8.63% this week. Late January BE plummed a scary -15.10% in just one week.

Bloom Energy shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late January, BE stock climbed unceasignly breaking out above its last top at $10.05. Since early January when BE stock price broke up the SMA40w line, it gained $2.67 (33.25%).

BE stock chart (weekly)

Bloom Energy stock price history

Bloom Energy stock went public on July 25th, 2018 with a price of $18.701. Since then, BE stock sliced a -42.80%, with a yearly average of -42.80%.

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

Bloom Energy stock historical price chart

BE stock reached 52-week highs on March at $16.63, and all-time highs 2018-09-27 with a price of 38.

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, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month 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 presented its financial report, posting a decent climb for the Earnings per Share (EPS) ratio. Analyst expected $-0.86 per share, but 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 boosted an amazing 97.35% to $742.04 M dollars from $376.00 marked in 2017. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) rocketed a 37.26% to -32.58%.

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 posted $213.61 million in sales for 2018-Q4, a 12.31% improvement compared to previous quarter. Reported quarter income marked $-99.78 million 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 sales to same quarter last year, Bloom Energy sales marked a super good growth and skyrocketed 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 buy a company, it's always worth to have a look its ownership structure.

Bloom Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 6.11% of all shares.

In case of Bloom Energy stock, 0.00% 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.

The following table compares ownership indicators for other stocks related to Bloom Energy:

BE
Market cap$808.8 M
Total shares75.6 M
Float shares69.5 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)6.1%
Shares in short selling0.0%

Bloom Energy summary

Friday, February 14th, 2020
Open$9.48
Close$10.70
Day range$9.40 - $10.98
Previous close$9.65
Session gain10.88%
Average true range$0.78
50d mov avg$8.02
100d mov avg$6.09
200d mov avg$7.81
Daily patternlb02c
Weekly pattern lb03c

Bloom Energy performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose as the bechmarking frame for Bloom Energy stock.
Stock3m6m12m
BEBloom Energy63.86%108.98%-5.39%

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.