Bloom Energy Corporation (BE)

NYSE: BE · Real-Time Price · USD
24.12
+1.24 (5.42%)
At close: Dec 20, 2024, 4:00 PM
24.43
+0.31 (1.29%)
After-hours: Dec 20, 2024, 7:54 PM EST
5.42%
Market Cap 5.51B
Revenue (ttm) 1.26B
Net Income (ttm) -129.51M
Shares Out 228.58M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE 56.30
Dividend n/a
Ex-Dividend Date n/a
Volume 6,308,662
Open 22.68
Previous Close 22.88
Day's Range 22.57 - 24.47
52-Week Range 8.41 - 28.70
Beta 3.03
Analysts Buy
Price Target 23.00 (-4.64%)
Earnings Date Feb 13, 2025

About BE

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion. It sells its products through direct and indirect sales channels to utilities, data centers, agriculture, retail, hospitals, higher education, biotech, and man... [Read more]

Sector Industrials
IPO Date Jul 25, 2018
Employees 2,377
Stock Exchange NYSE
Ticker Symbol BE
Full Company Profile

Financial Performance

In 2023, Bloom Energy's revenue was $1.33 billion, an increase of 11.20% compared to the previous year's $1.20 billion. Losses were -$302.12 million, 0.23% more than in 2022.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for BE stock is "Buy." The 12-month stock price forecast is $23.0, which is a decrease of -4.64% from the latest price.

Price Target
$23.0
(-4.64% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Bloom Energy CEO: The U.S. needs 'a lot of power' to be the world's AI leader

KR Sridhar, CEO of Bloom Energy, joins CNBC's 'The Exchange' to discuss how AI has changed the world's power needs, solutions for rising energy demand from data centers and cloud computing, and more.

1 day ago - CNBC Television

Bloom Energy Announces Project Funding Partnership with Industry Leaders HPS Investment Partners and Industrial Development Funding

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), the world leader in stationary fuel cell power generation, announced today that it has formed a project financing partnership with certain f...

10 days ago - Business Wire

Under 30: Bloom Energy (BE)

George Tsilis joins Under 30 to discuss Bloom Energy, an alternative energy play in hydrogen fuel cells. He compares these fuel cells to nuclear plant plays.

5 weeks ago - Schwab Network

Crude Oil Dips Over 2%; Bloom Energy Shares Spike Higher

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling by more than 300 points on Friday.

5 weeks ago - Benzinga

Bloom stock poised for massive gains after AEP deal, analyst says

Bloom Energy Corp (NYSE: BE) announced a supply agreement with American Electric Power Company Inc (NASDAQ: AEP) for up to 1 gigawatt of its solid oxide fuel cells on Friday. Shares of the renewable e...

5 weeks ago - Invezz

Why Bloom Energy Could Reach Revenues Of $1.8B Next Year, Says Bullish Analyst

Bloom Energy Corp BE announced a 1 GW fuel cell supply deal with American Electric Power Company Inc AEP, which sent its stock soaring in early trading on Friday.

5 weeks ago - Benzinga

Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation, announced that it has signed a supply agreement with American Electric Power (AEP)...

5 weeks ago - Business Wire

Bloom Energy: Poor Results And Overly Aggressive Full-Year Projections, Sell

Last week, stationary fuel cell system provider Bloom Energy reported disappointing third quarter results, with both top- and bottom-line results falling well short of consensus expectations. Manageme...

5 weeks ago - Seeking Alpha

Bloom Energy ($BE) Announces World's Largest Fuel Cell Installation in History

Bloom Energy (NYSE: BE), a global leader in solid oxide fuel cell (SOFC) and electrolyzer (SOEC) technologies, has announced a landmark project to deploy fuel cells at the largest single-site installa...

6 weeks ago - Green Stock News

Bloom Energy Corporation (BE) Q3 2024 Earnings Call Transcript

Start Time: 17:00 January 1, 0000 5:57 PM ET Bloom Energy Corporation (NYSE:BE) Q3 2024 Earnings Call November 07, 2024, 17:00 PM ET Company Participants KR Sridhar - Founder, Chairman and CEO Dan Be...

6 weeks ago - Seeking Alpha

Bloom Energy Reports Third Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its financial results for the third quarter ended September 30, 2024. The company reported revenue of $330.4 milli...

6 weeks ago - Business Wire

Bloom Energy Secures 20 MW Utility Deal with FPM Development to Rapidly Fortify Grid Resilience in California

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell (SOFC) and solid oxide electrolyzer (SOEC) technology, announced an agreement with FPM Development f...

6 weeks ago - Business Wire

Bloom Energy Announces World's Largest Fuel Cell Installation in History

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell generation (SOFC) and solid oxide fuel cell electrolyzer (SOEC) technologies, today announced a land...

6 weeks ago - Business Wire

Bloom Energy and Quanta Computer Expand Partnership to Power AI Revolution

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a world leader in solid oxide fuel cell (SOFC) technology, and Quanta Computer Inc. (TWSE: 2382.TW), a premier Taiwanese electronics manufac...

6 weeks ago - Business Wire

Bloom Energy to Announce Third Quarter 2024 Financial Results on November 7, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its third quarter 2024 financial results on November 7, 2024, after market close. Bloom Energy's ...

2 months ago - Business Wire

Bloom Comments on Korea Fuel Cell Auction Results and Expected 2024 and 2025 Korea Volumes

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) In response to market commentary regarding the results of the recent Korea Hydrogen Portfolio Standard auction, Bloom expects shi...

3 months ago - Business Wire

GE Vernova and 4 Other Stocks to Play the Surge in Electricity Demand

Evercore analyst James West sees opportunities in companies working to address some of the issues facing the electrical industry, including the extreme stress on the power grid.

Other symbols: GEVBKRFLNCGTLS
3 months ago - Barrons

InspIR Group Appoints Industry Veteran to Broaden the Firm's Senior Advisory Capability

NEW YORK--(BUSINESS WIRE)--InspIR Group (“InspIR”), the leading cross-border strategic investor relations and Sustainability consultancy, today announced that Ed Vallejo will join InspIR as Managing D...

Other symbols: AWK
4 months ago - Business Wire

Bloom Energy: Likelihood Of Another Guidance Miss Should Keep Investors Sidelined

Bloom Energy Corporation reported mixed second quarter results. While revenues of $335.8 million came in ahead of consensus expectations, cash usage of $187.5 million increased to a new 12-month high....

4 months ago - Seeking Alpha

Bloom Energy Corporation (BE) Q2 2024 Earnings Call Transcript

Bloom Energy Corporation (NYSE:BE) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Ed Vallejo - Vice President, Investor Relations KR Sridhar - Founder, Chairman & Chi...

4 months ago - Seeking Alpha

Bloom Energy Reports Second Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its financial results for the second quarter ended June 30, 2024. The company reported revenue of $335.8 million f...

4 months ago - Business Wire

Bloom Energy Announces Hydrogen Solid Oxide Fuel Cell with 60% Electrical Efficiency and 90% High Temperature Combined Heat and Power Efficiency

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE), a world leader in solid oxide fuel cell (SOFC) technology, is now offering the Bloom Energy Server™ power solution with ~60% electrical effic...

4 months ago - Business Wire

Barbara Burger, Ph.D., Former Vice President, Innovation and President of Chevron Technology Ventures, Joins Bloom Energy Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) has appointed Barbara Burger, Ph.D. to its Board of Directors, effective August 1, 2024. A seasoned executive and respected leader in the ene...

5 months ago - Business Wire

Bloom Energy to Announce Second Quarter 2024 Financial Results on August 8, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its second quarter 2024 financial results on August 8, 2024 after market close. Bloom Energy's ma...

5 months ago - Business Wire

Bloom Energy's stock surges as an AI play with new CoreWeave partnership

Shares of Bloom Energy Corp. charged higher Wednesday, after the fuel cell-technology company took another step into the artificial-intelligence arena with its partnership with data-center company Cor...

5 months ago - Market Watch