Bloom Energy Corporation (BE)

NYSE: BE · Real-Time Price · USD
9.73
-0.14 (-1.42%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-1.42%
Market Cap 2.22B
Revenue (ttm) 1.33B
Net Income (ttm) -283.80M
Shares Out 228.15M
EPS (ttm) -1.28
PE Ratio n/a
Forward PE 28.48
Dividend n/a
Ex-Dividend Date n/a
Volume 4,119,777
Open 9.87
Previous Close 9.87
Day's Range 9.61 - 9.95
52-Week Range 8.41 - 18.14
Beta 2.68
Analysts Buy
Price Target 15.61 (+60.43%)
Earnings Date Nov 6, 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, 0.23% 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 $15.61, which is an increase of 60.43% from the latest price.

Price Target
$15.61
(60.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks 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
6 weeks 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
2 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....

2 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...

2 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...

2 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...

2 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...

3 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...

3 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...

3 months 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 ...

3 months 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...

3 months 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...

4 months 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...

4 months 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 ...

4 months 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 ...

4 months 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...

5 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 ...

5 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
5 months ago - Business Wire

Bloom Energy Corporation (BE) Q1 2024 Earnings Call Transcript

Bloom Energy Corporation (NYSE:BE) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Ed Vallejo - Head of Investor Relations KR Sridhar - Founder, Chairman & Chief Executiv...

5 months ago - Seeking Alpha

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...

5 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...

5 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...

5 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),...

6 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...

6 months ago - Business Wire