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BEBloom Energy Corporation
$173.24$51.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
BE logo

Bloom Energy Corporation

BE
NYSE · Hydrogen & Fuel Cells
$173.24
At close - Nov 6, 4:00 PM EST - USD
Market Cap$51.02B
P/E108.4x
52W High$351.28
Volume23M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Hypergrowth Data-Center Demand Collides With Cash Volatility

Bloom Energy has posted three consecutive quarters of triple-digit revenue growth, reaching $1.2B in 2026Q3 (+138.1% YoY), with gross margin expanding to 33.8% and operating margin to 18.2% as the Delaware and California fixed-cost base appears to finally absorb at industrial scale — a trajectory supported by deferred…

GrowthAccelerating
ProfitabilityModerate
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

BE price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

+219% Peers

P/E is 219% above peer median

03

Market leadership

RS 27 · Lag

Laggard (Underperforming 73% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 22
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue of $1.2B in 2026Q3 grew 138.1% YoY with gross margin of 33.8% and operating income of $225.4M, suggesting SG&A grew only 28% against triple-digit top-line expansion and that overhead absorption is now visible.

Analyst Consensus+69.2% target
Buy(32 analysts)
18 Buy11 Hold3 Sell

The Bull Case

Upside Catalysts

Bullish investment thesis

Arya's Substack presents a bullish case for Bloom Energy Corporation, highlighting its potential as a strong investment.

Strong financial metrics

Bloom Energy's trailing and forward P/E ratios indicate potential undervaluation or growth expectations.

Leading provider position

Bloom Energy is solidifying its position as a leading provider of on-site energy solutions.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BE+75.54%
S&P 500 (^GSPC)+7.63%
1-Year Return
BE+26.58%
S&P 500 (^GSPC)+9.69%
3-Year Return
BE+1616.95%
S&P 500 (^GSPC)+81.27%
5-Year Return
BE+387.18%
S&P 500 (^GSPC)+63.50%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
108.4x
Forward P/EExpansion
54.3x
EV/EBITDA50th %ile
83.0x
FCF YieldCash Flow
0.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
108.4x
N/A
N/A
EV/EBITDA
83.0x
173.7x
50th· Fair
Price/FCF
115.9x
365.2x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$6.65-96.2%
Base (Fair)$151.56-12.5%
Bull$14.79-91.5%
$6.65 Bear$151.56 Base$14.79 Bull
Current Market Price: $173.24
Trades at a 14.3% premium to Base DCF ($151.56)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$2.02B+37.3% YoY
Net income FY25
-$88M-202.6% YoY
Free cash flow FY25
$57M+72.5% YoY
Operating margin FY25
3.6%+2.0 pts YoY
ROIC (FY25)4.1%
Avg ROIC 5Y-8.3%
ROE (TTM)38.8%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 22, 2026
$0.94+36.0%
vs $0.69
$1.2B+15.4%
vs $1.1B
Q3 2026
Jul 28, 2026
$0.78+92.1%
vs $0.41
$1.1B+29.0%
vs $826M
Q2 2026
Apr 28, 2026
$0.44+255.1%
vs $0.12
$751M+39.1%
vs $540M
Q1 2026
Feb 5, 2026
$0.45+46.7%
vs $0.31
$778M+19.9%
vs $648M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·1d ago
Bloom Energy Supports Oxford Firefighters and Local Families Ahead of Georgia-Ole Miss Matchup

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) continued its season-long partnership with ESPN Radio's College Football Campus Tour this week in Oxford, Mississippi, ahead of Saturday's Georgia-Ole Miss matchup. Ahead of the game, Bloom visited Oxford Fire Department Station 1 at 399 McElroy Drive and presented a $10,000 donation to the Firefighter Community Fund, a nonprofit established by members of the Oxford Fire Department to support local families facing food insecurity. The F.

Zacks Investment Research·1d ago
AI Stocks Plunge: Buy, Sell or Hold?

Amid the sharp correction in AI stocks, investors question what to do next.

24/7 Wall Street·1d ago
FuelCell Energy Climbs 6%, Plug Power Rises 5%, Bloom Energy Gains 4% as Fuel Cell Stocks Claw Back Election Losses

Fuel cell stocks are clawing back part of their post-election losses, and FuelCell Energy (NASDAQ:FCEL) is leading the bounce. FuelCell stock is at $9.49, up 6% in early trading.

Benzinga·1d ago
Stock of the Day: Is the Bloom Energy Rally Over Already?

Shares of Bloom Energy Corporation (NYSE:BE) are higher on Friday. They are rallying after finding support again around $163.

Filtered for Bloom Energy CorporationMore Headlines
04

Compare before deciding

Benchmark BE against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Bloom Energy Corporation (BE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BE logoBEBloom Energy CorporationCurrent
$173.24$51.02B108.3937.33%13.53%38.79%0%
PLUG logoPLUGPlug Power Inc.
$1.45$2.02B-1.2312.9%-220.59%-169.95%—
FCEL logoFCELFuelCell Energy, Inc.
$9.96$527.66M-3.9941.05%-113.94%-21.91%1.25%
BLDP logoBLDPBallard Power Systems Inc.
$1.54$464.27M-6.0545.04%-72.66%-13.16%—
GNRC logoGNRCGenerac Holdings Inc.
$176.78$10.41B34.95-2.02%6.52%10.76%0%
ARRY logoARRYArray Technologies, Inc.
$5.86$901.42M-8.1240.22%-9.91%-39.51%—

Compare BE vs Peers

Bloom Energy Corporation (BE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PLUG

Most directly comparable listed peer for BE.

Scale Benchmark

vs LIN

Larger-name benchmark to compare BE against a more recognizable public peer.

Peer Set

Compare Top 5

vs PLUG, FCEL, BLDP, GNRC

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BE SEC Filings & Documents

Bloom Energy Corporation (BE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 22, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

Jul 9, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 9, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 22, 2026·SEC

FY 2026

Jul 28, 2026·SEC

FY 2026

Apr 29, 2026·SEC

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BE Frequently Asked Questions

Bloom Energy Corporation (BE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Bloom Energy Corporation's revenue?

Bloom Energy Corporation (BE) reported $3.83B in revenue over the trailing twelve months. Revenue was $2.02B in fiscal year 2025. That is 716% more than the $248.1M of fiscal year 2014.

How fast is Bloom Energy Corporation growing?

Bloom Energy Corporation (BE) grew revenue by 110.6% over the trailing twelve months, compared with the twelve months before.

Is BE profitable?

Yes. Bloom Energy Corporation (BE) earned $518.3M in net income over the trailing twelve months (a 13.5% net margin).

Dividend & Returns
Does BE pay dividends?

Bloom Energy Corporation (BE) does not currently pay a meaningful dividend.

What is BE's return on equity?

Bloom Energy Corporation (BE) had a return on equity (ROE) of 38.8% over the trailing twelve months. That is well above the market's typical 10-15%.

What is Bloom Energy Corporation's free cash flow?

Bloom Energy Corporation (BE) generated $440.2M in free cash flow over the trailing twelve months.

What if you invested $1,000 in BE back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →