Bloom Energy Corporation (BE)

NYSE: BE · IEX Real-Time Price · USD
14.18
-0.47 (-3.21%)
At close: Jul 19, 2024, 4:00 PM
14.04
-0.14 (-0.99%)
After-hours: Jul 19, 2024, 7:54 PM EDT
-3.21%
Market Cap 3.22B
Revenue (ttm) 1.29B
Net Income (ttm) -288.07M
Shares Out 227.02M
EPS (ttm) -1.32
PE Ratio n/a
Forward PE 49.26
Dividend n/a
Ex-Dividend Date n/a
Volume 4,256,874
Open 14.40
Previous Close 14.65
Day's Range 13.90 - 14.56
52-Week Range 8.41 - 18.20
Beta 2.80
Analysts Buy
Price Target 15.50 (+9.31%)
Earnings Date Aug 1, 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]

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, 0.14% more than in 2022.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for BE stock is "Buy." The 12-month stock price forecast is $15.5, which is an increase of 9.31% from the latest price.

Price Target
$15.5
(9.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 days ago - Market Watch

Bloom Energy ($BE) to Deploy Proprietary Fuel Cell Technology to Power A.I. Data Center

Bloom Energy (NYSE: BE), a leading innovator in solid oxide fuel cell technology, has announced a strategic partnership with CoreWeave. This collaboration highlights Bloom's capability to address the ...

4 days ago - Green Stock News

Bloom Energy and CoreWeave Partner to Revolutionize AI Data Center Power Solutions

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a strategic partnership with CoreWeave, Inc. This win under...

5 days ago - Business Wire

Bloom Energy and Tarana Wireless to Host Stars and Strides 5K-10K Run/Walk and Kids Fun Run on Saturday, June 29, Benefiting Valley Health Foundation

--(BUSINESS WIRE)--Tarana Wireless: WHAT: The 4th Annual Stars and Strides 5K-10K Run/Walk and Kids Fun Run, sponsored by Tarana Wireless and Bloom Energy, benefiting the Valley Health Foundation. The...

26 days ago - Business Wire

Gary Pinkus, Chairman of McKinsey & Company in North America, Joins Bloom Energy's Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) appointed Gary Pinkus, Chairman of McKinsey & Company in North America, to its Board of Directors. Pinkus has spent nearly 40 years of his ca...

5 weeks ago - Business Wire

Bloom Energy ($BE) to Provide Low Carbon Electric Power for Singapore's Evolving Energy Needs

Bloom Energy (NYSE: BE), a leading clean energy company and fuel cell producer, has announced a groundbreaking collaboration with Sembcorp Industries. This partnership aims to use Bloom's solid oxide ...

6 weeks ago - Green Stock News

Bloom Energy and Sembcorp Announce Collaboration to Bring Low-Carbon Solutions to Singapore

SINGAPORE--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) (Bloom), a global leader in solid oxide fuel cell technology, announced today a groundbreaking collaboration with Sembcorp Industries (Sembcorp) at ...

6 weeks ago - Business Wire

Bloom Energy Corporation Prices Upsized $350.0 Million Green Convertible Senior Notes Offering

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE:BE) today announced the pricing of its offering of $350.0 million aggregate principal amount of 3.00% green convertible senior notes d...

2 months ago - Business Wire

Bloom Energy Corporation Announces Proposed Green Convertible Senior Notes Offering

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced its intention to offer, subject to market and other conditions, $250,000,000 aggregate principal amount of green ...

2 months ago - Business Wire

C3 AI and Bloom Energy Team Up to Revolutionize Fuel Cell Performance, Service, and Engineering Analytics

REDWOOD CITY, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--C3 AI (NYSE: AI), the Enterprise AI application software company, and Bloom Energy (NYSE: BE), a leading provider of clean energy solutions, t...

Other symbols: AI
2 months ago - Business Wire

Bloom Energy sees ‘momentum' for its alternative-energy products

Shares of Bloom Energy Inc. rose 3% in the extended session Thursday after the alternative-energy company reported a wider-than-expected quarterly loss and lower revenue, but kept intact its outlook f...

2 months ago - Market Watch

Bloom Energy Announces Largest Silicon Valley Data Center Power Capacity Agreement

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a power capacity agreement with Intel Corporation that will result in S...

2 months ago - Business Wire

Bloom Energy Reports First Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) reported today its financial results for the first quarter ended March 31, 2024. The company reported revenue of $235.3 million f...

2 months ago - Business Wire

Bloom Energy and Quanta Computer Forge Transformative Partnership to Power Silicon Valley's AI Revolution

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in solid oxide fuel cell technology, announced today a groundbreaking partnership with Quanta Computer Inc. (TWSE: 2382.TW),...

2 months ago - Business Wire

Bloom Energy to Announce First Quarter 2024 Financial Results on May 9, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its first quarter 2024 financial results on May 9, 2024 after market close. Bloom Energy's manage...

3 months ago - Business Wire

Potter Handy Law Firm Files Groundbreaking Lawsuit Against Bloom Energy for Unlawful Business Practices

SAN FRANCISCO--(BUSINESS WIRE)--On March 19, Potter Handy LLP filed a class-action lawsuit on behalf of plaintiff Adonis Nabong and other similarly situated employees against Bloom Energy Corporation ...

3 months ago - Business Wire

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,...

Other symbols: CEGNVDA
3 months ago - Yahoo Finance

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Accesswire

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....

4 months ago - Business Wire

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.

5 months ago - Market Watch

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...

5 months ago - Business Wire

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.

5 months ago - Business Wire

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...

6 months ago - Business Wire