Social sentiment analysis from StockTwits and Twitter shows Bloom Energy stock forecast has improved, with bullish mentions outweighing bearish by 2.4-to-1 in the past 30 days. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 10% higher. As of now, Bloom Energy holds a Zacks Rank of #3 (Hold). BofA raised its price target on Bloom Energy stock to $24 today, as The Fly reports. That sounds like it should be good news -- except for the fact that Bloom already sells for more than $76 per share. Technical traders highlight Bloom Energy stock forecast using 50-day and 200-day moving averages; the stock is currently forming a golden cross pattern. If confirmed, this could signal bullish momentum for the next quarter.
