Bloom Energy Corp Stock Beta

BE Stock  USD 24.47  0.54  2.26%   
Bloom Energy Corp fundamentals help investors to digest information that contributes to Bloom Energy's financial success or failures. It also enables traders to predict the movement of Bloom Stock. The fundamental analysis module provides a way to measure Bloom Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bloom Energy stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bloom Energy Corp Company Beta Analysis

Bloom Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Bloom Energy Beta

    
  3.3  
Most of Bloom Energy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bloom Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bloom Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Bloom Energy is extremely important. It helps to project a fair market value of Bloom Stock properly, considering its historical fundamentals such as Beta. Since Bloom Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bloom Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bloom Energy's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Bloom Energy Corp has a Beta of 3.3. This is 140.88% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

Bloom Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bloom Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bloom Energy could also be used in its relative valuation, which is a method of valuing Bloom Energy by comparing valuation metrics of similar companies.
Bloom Energy is currently under evaluation in beta category among its peers.

Bloom Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bloom Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bloom Energy's managers, analysts, and investors.
Environmental
Governance
Social

Bloom Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Bloom Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bloom Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bloom Energy's value.
Shares
Jpmorgan Chase & Co2024-12-31
3.2 M
Fuller & Thaler Asset Management Inc2024-12-31
2.8 M
Legal & General Group Plc2024-12-31
2.1 M
Northern Trust Corp2024-12-31
1.9 M
Goldman Sachs Group Inc2024-12-31
1.7 M
Neuberger Berman Group Llc2024-12-31
1.7 M
Charles Schwab Investment Management Inc2024-12-31
1.7 M
Balyasny Asset Management Llc2024-12-31
1.6 M
Elemental Capital Partners Llc2024-12-31
1.5 M
Ameriprise Financial Inc2024-12-31
41.2 M
Vanguard Group Inc2024-12-31
19.2 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bloom Energy will likely underperform.

Bloom Fundamentals

About Bloom Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bloom Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bloom Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bloom Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Bloom Energy Piotroski F Score and Bloom Energy Altman Z Score analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bloom Energy. If investors know Bloom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bloom Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
20.649
Earnings Share
(0.13)
Revenue Per Share
6.482
Quarterly Revenue Growth
0.604
Return On Assets
0.0057
The market value of Bloom Energy Corp is measured differently than its book value, which is the value of Bloom that is recorded on the company's balance sheet. Investors also form their own opinion of Bloom Energy's value that differs from its market value or its book value, called intrinsic value, which is Bloom Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bloom Energy's market value can be influenced by many factors that don't directly affect Bloom Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bloom Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bloom Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bloom Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.