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Bloom Energy ( (BE) ) has issued an update.
The filing states only that information about Bloom Energy’s entry into a material definitive agreement has been incorporated by reference into another item, without providing any operational details, terms of the agreement, or implications for the company or its stakeholders.
The most recent analyst rating on (BE) stock is a Hold with a $92.26 price target. To see the full list of analyst forecasts on Bloom Energy stock, see the BE Stock Forecast page.
Spark’s Take on BE Stock
According to Spark, TipRanks’ AI Analyst, BE is a Neutral.
Bloom Energy’s overall score reflects strong earnings performance and strategic growth initiatives, tempered by high leverage and valuation concerns. The company’s robust revenue growth and strategic partnerships are significant positives, but the high P/E ratio and potential market competition present risks.
To see Spark’s full report on BE stock, click here.
More about Bloom Energy
Average Trading Volume: 15,120,794
Technical Sentiment Signal: Buy
Current Market Cap: $21.01B
Find detailed analytics on BE stock on TipRanks’ Stock Analysis page.