Bloom Energy Corporation (BE)
| Market Cap | 3.32B |
| Revenue (ttm) | 1.44B |
| Net Income (ttm) | -353.80M |
| Shares Out | 224.05M |
| EPS (ttm) | -1.68 |
| PE Ratio | n/a |
| Forward PE | 65.93 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,529,968 |
| Open | 15.20 |
| Previous Close | 15.23 |
| Day's Range | 14.66 - 15.20 |
| 52-Week Range | 9.51 - 26.55 |
| Beta | 2.90 |
| Analysts | Buy |
| Price Target | 20.06 (+35.54%) |
| Earnings Date | Feb 8, 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 serves to data centers, retailers, hospitals, farming, semiconductors, and other manufacturing sectors. The company was formerly known as Ion America Corp.... [Read more]
Financial Performance
In 2022, Bloom Energy's revenue was $1.20 billion, an increase of 23.34% compared to the previous year's $972.18 million. Losses were -$301.71 million, 83.4% more than in 2021.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for BE stock is "Buy." The 12-month stock price forecast is $20.06, which is an increase of 35.54% from the latest price.
News
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...
3 energy stocks and the truth behind their bargain deals
Now that the markets have taken a turn for the better, backed by macroeconomic conditions and a more dovish FED going into 2024, it is more important than ever for your portfolio to be loaded with che...
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...
$7 Billion in Clean Hydrogen Grants: Winners and Losers
The US Department of Energy finally decided who would get a piece of the $7 billion Federal funding for green hydrogen, and the news may surprise you. The funding is intended to build green hydrogen i...
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...
Bloom Energy Launches Series 10 Net-Zero Compliant Solution, Accelerating Adoption of Clean Power Generation
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE:BE), a fuel cell innovator that has deployed over 1 GW of clean, reliable power, is launching Series 10 — a ground-breaking, 10MW fuel cell offeri...
Bloom Energy to Announce Second Quarter 2023 Financial Results on August 3, 2023
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its second quarter 2023 financial results on August 3, 2023 after market close. Bloom Energy's ma...
Bloom Energy and Tarana Wireless Stars and Strides 5K-10K Run/Walk and Kids Fun Run Set For Saturday, July 1, Benefiting Valley Health Foundation
--(BUSINESS WIRE)-- #broadband--Tarana Wireless: WHAT: The 3rd Annual Stars and Strides 5K-10K Run/Walk and Kids Fun Run, sponsored by Bloom Energy and Tarana Wireless, benefiting the Valley Health Fo...
CJ Warner, Former Renewable Energy Group President and CEO, Joins Bloom Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) has appointed Cynthia “CJ” Warner to its Board of Directors. Warner was the President and CEO of Renewable Energy Group, a leading internatio...
Bloom Energy, Perenco to Deploy Solid Oxide Fuel Cells in the United Kingdom
SAN JOSE, Calif. & LONDON--(BUSINESS WIRE)--Bloom Energy (NYSE:BE) has signed an agreement with Perenco to install 2.5 megawatts (MW) of Bloom's solid oxide fuel cells at a site in England. Perenco is...
Bloom Energy To Host Investor Conference on May 23, 2023
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) will host an Investor Conference at the New York Stock Exchange on May 23, 2023. The event will begin at 12:30 p.m. Eastern Time (ET)/9:30 a....
Bloom Energy Corporation Prices Upsized $550.0 Million Green Convertible Senior Notes Offering
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced the pricing of its offering of $550.0 million aggregate principal amount of 3.00% green convertible senior notes ...
Bloom Energy stock sinks toward 1-year low after plans for $500 million convertible notes offering
Shares of Bloom Energy Corp. BE dropped 5.9% toward a one-year low in premarket trading Thursday, after the electricity and hydrogen generator announced plans to privately offer $500 million in senior...
Bloom Energy Corporation Announces Proposed 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, $500,000,000 aggregate principal amount of green ...