Streetbeat News

BNRG

Brenmiller Energy Ltd

Industry

Renewable Utilities

Brenmiller Energy Ltd. engages in development, production, marketing, and sale of thermal energy storage systems based on technology that enables heat storage at high temperatures in crushed volcanic rock. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines in utility scale projects. The company markets its proprietary TES system under the name bGen. Brenmiller Energy Ltd was incorporated in 2012 and is based in Rosh HaAyin, Israel.

Open

0.75

Mkt cap

5.5M

Volume

62K

High

0.80

P/E Ratio

-0.32

52-wk high

7.22

Low

0.75

Div yield

N/A

52-wk low

0.60

Brenmiller Energy's shares were halted due to a circuit breaker after a significant surge, with the stock rising by 239.5%.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:54 pm

Brenmiller Energy's shares resumed trading after a circuit breaker halt, indicating significant volatility in the stock. This could be due to sudden price movements or trading volume spikes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 2:49 pm

The Nasdaq Composite rose over 100 points, driven by strong performance in the information technology sector. Dell Technologies reported better-than-expected Q2 results, boosting its stock. Brenmiller Energy, Focus Universal, and Theriva Biologics saw significant stock price increases, while Paltalk, Catheter Precision, and Elastic faced declines.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 1:53 pm

MongoDB, Brenmiller, and Intuitive Machines see significant stock price increases following positive financial results and new contracts. MongoDB reported strong Q2 results, Brenmiller announced a substantial pipeline, and Intuitive Machines secured a NASA contract.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:03 pm

Brenmiller shares rose following a year-over-year increase in H1 EPS results and the announcement of a projected pipeline valued up to $500 million.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 11:17 am

MongoDB shares surged 15.2% in pre-market trading after reporting better-than-expected Q2 earnings and strong guidance. Other notable pre-market movers include Brenmiller Energy, Focus Universal, and Emergent BioSolutions among gainers, while Elastic and Ulta Beauty are among the decliners.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 9:42 am

Brenmiller Energy Ltd (NASDAQ:BNRG) shares surged after reporting improved first-half financial results. The company is exploring cold thermal energy storage for AI data centers and has a project pipeline worth up to $500 million. Shares rose 127.91% after-hours.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 9:32 pm

Brenmiller shares rose following a year-over-year increase in H1 EPS results and the announcement of a projected pipeline valued up to $500 million.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:35 pm

Brenmiller Energy's bGen Thermal Battery is poised to meet the demand for sustainable heat with a project pipeline valued up to $500M. The company is negotiating with major consumer goods producers and exploring new applications in AI data centers. Their gigafactory is expected to be operational by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:28 pm

Brenmiller Energy reported a significant improvement in its financial performance for the first half of 2024, with EPS improving from $(3.02) to $(0.45) year-over-year. The company saw a substantial increase in cash and cash equivalents due to successful fundraising efforts, leading to a 31% increase in total assets and a 127% rise in shareholders' equity. Operating and net losses narrowed significantly, driven by increased financial income.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:25 pm

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