BE

Bloom Energy
D

BE

Arincen52/100B

If you had invested in Bloom Energy ago, it would be worth $10,250 today, against $3,131 in SPY and $4,356 in QQQ.

ArincenArincen ScoreBeta

52/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash3.3

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation6.7

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders3.3

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Bloom Energy key facts

Style
Growth stock · 10.0/10Growth 10.0 · Value 1.0
Day range
184.300 – 205.500
52-week range
75.700 – 351.280
Market capitalization
54.62B USD
P/E
103.59
EPS
1.78
EPS growth forecast (FY2026)
+336.9%
Volume
195,987
Beta
3.64
ESG score
71.1/100Environment 72 · Social 70 · Governance 71
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
K. R. Sridhar
Employees
2K
IPO date
25 Jul 2018

Bloom Energy earnings

Next earnings · Q4 FY2026
EPS estimate
1.07 USD
Revenue estimate
1.42B USD
Last quarter · Q3 FY2026
EPS0.94Beat +36.0%Revenue1.24BBeat +15.4%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q2 FY20281.72———2.40B———
Q1 FY20281.45——+49.95%2.12B——+46.48%
Q1 FY20270.97——+120.39%1.45B——+92.57%
Q4 FY20261.07——+137.78%1.42B——+83.10%
Q3 FY20260.690.94+36.03%+526.67%1.07B1.24B+15.42%+138.10%
Q2 FY20260.410.78+92.07%+680.00%826.13M1.07B+28.96%+165.52%
Q1 FY20260.120.44+255.13%+1,366.67%539.94M751.05M+39.10%+130.37%
Q4 FY20250.310.45+46.68%+4.65%648.50M777.68M+19.92%+35.87%
Q3 FY20250.100.15+48.96%—427.15M519.05M+21.52%+57.10%
Q2 FY20250.010.10+725.76%—376.00M401.24M+6.71%+19.50%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Bloom Energy analyst forecast

12-month price target
293.06 USD
+58.57%

Analysts' 1-year price targets range from 176.00 to 351.00, with an average of 293.06.

Past year
1-year forecast
Strong sellStrong buy
Hold
21 ratings
Buy
10
Hold
10
Sell
1

12-month price target

Highest target351.00
Average target293.06
Lowest target176.00
Current price184.82

Bloom Energy valuation

Price to earnings ratio (TTM)
103.59
Forward P/E (FY2026)
57.95
Price to sales (TTM)
14.26
Price to book
28.26
EV / EBITDA (TTM)
89.10

Capital structure

Market capitalization
54.62B USD
+
Total debt
2.78B USD
−
Cash and short-term investments
2.49B USD
=
Enterprise value
54.91B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)21.47————
FY2027 (est.)34.6021.47———
FY2026 (est.)57.9534.60———
Now (TTM)103.5936.5414.2628.2689.10
FY2025-234.8427.2510.3227.181,068.65
FY2024-170.8540.273.438.9864.67
FY2023-10.42112.812.366.27-29.14
FY2022-11.31—2.9610.43-21.25
FY2021-19.76—3.91-85.81-64.87

Bloom Energy against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: AMETEK, Vertiv Holdings, Hubbell, Acuity Brands, EnerSys, and Forgent Power Solutions, the US Electrical Equipment & Parts companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • Gross marginHighest in 5 years29.0%
    12.4%29.0%
    Against its peers: 7 of 7Peers' median 35.9%
  • Operating marginHighest in 5 years3.6%
    -21.8%3.6%
    Against its peers: 7 of 7Peers' median 17.3%
  • Net marginAbove its median-4.4%
    -25.1%-2.0%
    Against its peers: 7 of 7Peers' median 12.2%
  • Return on equityAbove its median-11.5%
    -88.4%-5.2%
    Against its peers: 7 of 7Peers' median 16.6%
  • Free cash flow marginHighest in 5 years2.8%
    -34.2%2.8%
    Against its peers: 6 of 7Peers' median 15.5%
  • Revenue growthHighest in 5 years37.3%
    10.5%37.3%
    Against its peers: 2 of 7Peers' median 6.7%
  • Current ratioHighest in 5 years5.98
    1.955.98
    Against its peers: 1 of 7Peers' median 1.62

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Bloom Energy growth and profitability

Revenue (TTM)
3.83B USD
Net income (TTM)
518.31M USD
Gross margin
32.33%
Operating margin
14.81%
Net margin
13.53%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20252.02B+37.33%-88.43M—29.02%3.60%-4.37%20.05M-77.55%
FY20241.47B+10.53%-29.23M—27.46%1.55%-1.98%89.33M—
FY20231.33B+11.20%-302.12M—14.83%-15.67%-22.66%-135.14M—
FY20221.20B+23.34%-301.41M—12.37%-21.77%-25.14%-198.89M—
FY2021972.18M+22.40%-164.45M—20.06%-11.78%-16.92%-69.84M—

Bloom Energy revenue breakdown

By product

FY2025
Product: 75.6%Service: 11.3%Installation: 10.2%Electricity: 3.0%75.6%Product11.3%Service10.2%Installation3.0%Electricity
SegmentRevenueShare of revenueChange on the year
Product1.53B75.6%+41.1%
Service228.30M11.3%+6.2%
Installation205.95M10.2%+59.1%
Electricity60.35M3.0%+14.2%

Bloom Energy financial health

Cash and short-term investments
2.49B USD
Total debt
2.78B USD
Net cash
-295.27M USD
Free cash flow (TTM)
624.82M USD
Current ratio
3.74
Debt to equity
1.44
Piotroski score
6 / 9
Altman Z-score
8.97

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20252.45B2.99B57.19M
FY2024802.85M1.53B33.15M
FY2023664.59M1.45B-456.27M
FY2022348.50M1.02B-308.55M
FY2021396.04M1.12B-110.49M

Bloom Energy ownership

Institutions
81.12%
Institutional holders
1,400 (+327)
Free float
94.06%

Who owns the shares

Institutions 81.1% Others 18.9%
As of 30 Jun 2026

Shares free to trade

Free float 277.97M shares ·94.1% Closely held 17.57M shares ·5.9%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026030.0019.60K
Q3 202601124.85K399.29K
Q2 2026016100.08K313.77K
Q1 2026016663.11K394.09K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025240.40M240.40M+5.73%
FY2024227.37M227.37M+6.90%
FY2023212.68M212.68M+14.40%
FY2022185.91M185.91M+7.19%
FY2021173.44M173.44M+25.03%

Source: Financial Modeling Prep

Title: Bloom Energy Corp

Sector: Industrials
Industry: Electrical Equipment & Parts
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.

Common questions about Bloom Energy stock