Bloom Energy Corporation (BE)
| Market Cap | 2.19B |
| Revenue (ttm) | 1.33B |
| Net Income (ttm) | -302.12M |
| Shares Out | 225.78M |
| EPS (ttm) | -1.42 |
| PE Ratio | n/a |
| Forward PE | 75.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,627,119 |
| Open | 9.35 |
| Previous Close | 9.32 |
| Day's Range | 9.30 - 10.28 |
| 52-Week Range | 8.41 - 18.76 |
| Beta | 2.80 |
| Analysts | Buy |
| Price Target | 16.50 (+70.98%) |
| Earnings Date | May 7, 2024 |
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]
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, 0.14% more than in 2022.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for BE stock is "Buy." The 12-month stock price forecast is $16.5, which is an increase of 70.98% from the latest price.
News
Morgan Stanley analyst weighs in on AI stocks to watch
AI has been quite the buzz on Wall Street recently as top tech companies with heavy investments in AI have led the recent rally seen in the market. With more and more companies getting involved in AI,...
Bloom Energy Appoints Daniel Berenbaum as Chief Financial Officer
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective ...
Bloom Energy to Receive up to $75 million in Federal Tax Credits for Fremont Manufacturing Plant
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, was recently awarded up to $75 million in tax credits by the Department of Energy, Departm...
Levi & Korsinsky, LLP Notifies Shareholders of Bloom Energy Corporation (BE) an Upcoming Claims Deadline in a Class Action Settlement
NEW YORK, NY / ACCESSWIRE / March 28, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Bloom Energy Corporation (NYSE: BE). T...
Bloom Energy Inc. Signs Agreements with Shell to Investigate Opportunities for Innovative Large-Scale, Renewable Hydrogen Energy Projects
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Inc. (NYSE:BE) is teaming up with Shell Plc. (Shell) to study decarbonization solutions, utilizing Bloom's proprietary hydrogen electrolyzer technology....
Bloom Energy's stock rocked as earnings miss, gloomy outlook prompts downgrades
Shares of Bloom Energy Corp. tumbled toward a four-year low on Friday, after the hydrogen and electricity generator's disappointing earnings report and outlook prompted ratings downgrades by analysts.
Bloom Energy Reports Fourth Quarter and Full Year 2023 Financial Results with Record Full Year Revenues
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its financial results for the fourth quarter and the full year ended December 31, 2023. The company had record rev...
Bloom Energy Introduces Load Following Capability to Enable Customers and Utilities to Meet Variable Electricity Load and Demand
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy's new flexible load following solution rapidly responds to gaps in supply and demand for heavy power consumers.
Bloom Energy to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on February 15, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its fourth quarter and fiscal year 2023 financial results on February 15, 2024 after market close...
Bloom Energy's stock wilts after BofA's ‘sell' call
Shares of Bloom Energy Corp. sagged Monday toward their worst monthly performance in nearly two years after BofA Securities turned bearish on the hydrogen manufacturer, citing concerns that revenue gr...
Bloom Energy Stock Down 14% Year To Date. Why Are Hydrogen Stocks Underperforming?
Our theme of Hydrogen Economy Stocks, which includes the stocks of U.S. listed companies that sell hydrogen fuel cells such as Bloom Energy BE , related renewable energy equipment players, and compani...
Bloom Energy and SK ecoplant Collaborate on a Major Hydrogen Project to be Developed by Korea Southern Power Co., Ltd
SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)---- $BE #BloomElectrolyzer--Bloom Energy (NYSE: BE) and SK ecoplant, an engineering and energy solutions provider and subsidiary of South Korean ...
Bloom Energy and SK ecoplant Announce 500 MW Sales Agreement Strengthening Existing Partnership
SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) and SK ecoplant, an engineering and energy solutions provider and subsidiary of South Korean conglomerate SK Group, toda...
SoCalGas and Bloom Energy Powering Caltech with Innovative Campus Hydrogen Project
The project demonstrates the potential to displace traditional natural gas with fuels like hydrogen, which can be made from clean renewable sources, and foster the many environmental and economic bene...
Hydrogen Players Like Bloom Energy Have Had A Weak Year. What's Next?
Our theme of Hydrogen Economy Stocks, which includes listed companies that sell hydrogen fuel cells, related renewable energy equipment, and supply hydrogen gas, has h
Bloom Energy stock soars 17% on surprise quarterly profit
Shares of Bloom Energy Corp. BE, +1.01% rose more than 17% in the extended session Wednesday after the alternative-energy company surprised Wall Street with an adjusted profit and revenue that topped ...
Bloom Energy Reports Record Revenue in Third Quarter 2023 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its total revenue for the third quarter ended September 30, 2023, grew 37% compared with the third quarter of 2022...
Bloom Energy to Announce Third Quarter 2023 Financial Results on November 8, 2023
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its third quarter 2023 financial results on November 8, 2023 after market close. Bloom Energy's m...
Why Hydrogen Stocks Like FuelCell And Bloom Energy Are Lagging This Year
Our theme of Hydrogen Economy Stocks, which includes the stocks of U.S.
Plug Power, 2 Other Stocks Are Winners in U.S. Hydrogen, Says Analyst
HSBC analysts initiated coverage of hydrogen technology stocks Plug Power, Bloom Energy, and Chart industries at Buy.
Bloom Energy Can Finally Live Up to Clean Power Buzz
Years of disappointment have sapped investor interest in the Californian maker of fuel-cell electricity generators, but now power-starved data center owners are knocking.
Bloom Energy Installs First Fuel Cells in Taiwan
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) has installed the first phase of a 10 megawatt (MW) solid oxide fuel cell contract with Unimicron Technology Corp., a chip substrate and prin...
Bloom Energy Reports Record Revenue in Second Quarter 2023 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its total revenue for the second quarter ended June 30, 2023 grew 24% compared with the second quarter of 2022. Th...
Bloom Energy Launches Advanced CHP Solution for Net Zero Heating and Cooling
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE) is now offering the Bloom Energy Server™ as a Combined Heat and Power (CHP) solution that utilizes a high temperature (>350°C) exhaust stream ...
Bloom Energy Signs First Customer in Germany
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) today marked the next step in its European expansion, announcing its first customer in Germany, the energy conglomerate EnBW's (Energie Baden...