Bloom Energy (BE) Outpaces Stock Market Gains: What You Should Know
From Yahoo Finance: 2024-06-10 18:15:18
Bloom Energy (BE) closed at $15.13, up +1.95% from the previous day, outperforming the S&P 500 and the Dow. Analysts predict an EPS of -$0.05 and revenues of $314.2 million for the upcoming earnings release. The Zacks Consensus Estimates show an expected 70.59% increase in EPS and 4.35% growth in revenue compared to the prior year quarter. Bloom Energy holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 99.76 and a PEG ratio of 3.99, indicating premium valuation. The company also belongs to the Alternative Energy – Other industry within the Oils-Energy sector with an average PEG ratio of 1.79. Industry rankings by Zacks show it in the bottom 45% among 250 industries, with top-performing industries outperforming the bottom half by a factor of 2 to 1.
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