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NYSE · US · Electrical Equipment & Parts

BE Bloom Energy

Fuel cells for onsite data-centre power

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$208.2
+7.72% today
1W
−8.0%
1M
−27.9%
3M
+24.8%
YTD
+139.6%
1Y
+88.6%
Off 52w high
−39.8%
Next earnings (est.): 2026-10-22
Market cap$56.93B
P/E (trailing)254.3Forward 36.9
EV / sales20.6×EV/EBITDA 153.6×
Revenue (TTM)$3.11BGrowth 165.5% y/y
Margins31.6%gross · op 17.1%
Free cash flow$532MCash $2.72B · debt $2.82B
Analyst target$285.1+36.9% upside · 26 analysts · buy
Riskβ 3.78Short 8.1% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

BE · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-10-22EarningsBeat / raise

    Reported EPS 0.94 vs 0.68 expected (+39.1% surprise).

  2. 7
    2026-07-28EarningsBeat / raise

    Reported EPS 0.78 vs 0.41 expected (+91.8% surprise).

  3. 6
    2026-04-28EarningsBeat / raise

    Reported EPS 0.44 vs 0.13 expected (+242.4% surprise).

  4. 5
    2026-02-05EarningsBeat / raise

    Reported EPS 0.45 vs 0.3 expected (+50.4% surprise).

  5. 4
    2025-10-28EarningsBeat / raise

    Reported EPS 0.15 vs 0.1 expected (+47.0% surprise).

  6. 3
    2025-07-31EarningsBeat / raise

    Reported EPS 0.1 vs 0.02 expected (+457.1% surprise).

  7. 2
    2025-04-30EarningsBeat / raise

    Reported EPS 0.03 vs -0.06 expected (+147.4% surprise).

  8. 1
    2025-02-27EarningsBeat / raise

    Reported EPS 0.43 vs 0.31 expected (+39.9% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-220.680.94+39.1%
2026-07-280.410.78+91.8%
2026-04-280.130.44+242.4%
2026-02-050.30.45+50.4%
2025-10-280.10.15+47.0%
2025-07-310.020.1+457.1%
2025-04-30-0.060.03+147.4%
2025-02-270.310.43+39.9%
2024-11-070.08-0.01−112.1%
2024-08-08-0.05-0.06−31.5%
2024-05-08-0.11-0.17−52.7%
2024-02-150.10.07−33.1%
2023-11-08-0.040.15+447.9%
2023-08-03-0.14-0.17−25.6%
2023-05-09-0.21-0.22−3.3%
2023-02-090.110.27+135.9%
2022-11-03-0.09-0.2−131.2%
2022-08-09-0.18-0.32−74.8%
2022-05-05-0.11-0.32−198.1%
2022-02-10-0.04-0.05−26.9%
2021-11-04-0.09-0.2−126.5%
2021-08-04-0.05-0.23−330.5%
2021-05-05-0.08-0.07+9.4%
2021-02-10—-0.08−6500.0%

About Bloom Energy

Website ↗

Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen. It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.

2,214 employees · San Jose, United States

When the grid can't deliver in time, campuses build their own: recip engines, fuel cells and aeroderivatives as a bridge — at higher cost per MWh.

Gas→Recip / fuel cell→Microgrid→Campus

What would prove us wrong. Weakens if interconnection speeds up enough that onsite power loses its time-to-power premium.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
CMI
Cummins
Gensets and engines for backup and prime power $523.8+1.24%−0.2%+3.7%
GNRC
Generac
Large gensets for data centres $191.6+2.48%−8.0%+40.5%
WRT1V.HE
Wärtsilä
Recip engine power plants €28.76+5.62%−1.2%−2.1%
CAT
Caterpillar
Recip gensets and Solar Turbines for onsite power $695.6+1.25%−15.3%+22.2%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.