NYSE:BEElectrical
Is Bloom Energy (BE) Pricing Reflect Its Surge After A Strong Year Of Returns
If you are trying to work out whether Bloom Energy's share price makes sense today, you first need to understand what the current market price is really implying about the business.
The stock has had a mixed recent run, with a 5.5% decline over the last 7 days, a 6.7% gain over 30 days, a 44.9% return year to date, and a very large 1 year return that sits between 4x and 5x.
These moves sit against a backdrop of ongoing investor attention on fuel cell and clean energy names. Bloom Energy...