Bloom Energy
BE
$237.57
+3.40%
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation, operating within the Electrical Equipment & Parts industry. The company is a distinct player as a technology leader in fuel-flexible energy servers that can utilize natural gas, biogas, and hydrogen to provide continuous electricity, positioning it as a critical infrastructure provider for the energy transition. The current investor narrative is overwhelmingly driven by its strategic role in powering the AI infrastructure boom, with recent headlines highlighting a multi-gigawatt deal with Oracle to supply energy for data centers, validating its technology and sparking a massive re-rating of the stock.…
BE
Bloom Energy
$237.57
Related headlines
BE 12-Month Price Forecast
Wall Street consensus
Most Wall Street analysts maintain a constructive view on Bloom Energy's 12-month outlook, with a consensus price target around $308.84 and implied upside of +30.0% versus the current price.
Average Target
$308.84
9 analysts
Implied Upside
+30.0%
vs. current price
Analyst Count
9
covering this stock
Price Range
$190 - $309
Analyst target range
Insufficient analyst coverage data is available in the provided dataset to determine a consensus price target or recommendation distribution. The data includes a list of 9 institutional ratings actions, but no aggregate price targets or buy/hold/sell counts are provided. This limited coverage, despite the company's $20+ billion market cap, suggests it may still be considered a speculative growth story by many traditional research desks, which can lead to higher volatility and less efficient price discovery as the stock is driven more by retail sentiment and thematic investing. The recent institutional ratings show a mix of views, with firms like Morgan Stanley and JP Morgan maintaining 'Overweight' ratings, Jefferies and B of A Securities maintaining 'Underperform', and several others at 'Neutral' or 'Market Perform', reflecting high uncertainty and debate about the sustainability of the current valuation.
BE Technical Analysis
The stock is in a powerful, sustained uptrend, evidenced by a staggering 1-year price change of +1122.71%. As of the latest close at $207.86, the price is trading near the top of its 52-week range, approximately 91% of the way from its low of $16.01 to its high of $229.55, indicating strong momentum but also potential overextension. Recent momentum remains exceptionally strong, with a 1-month gain of +32.75% and a 3-month gain of +39.04%, both significantly outpacing the S&P 500's returns of +7.36% and +2.67% respectively, confirming the acceleration of the uptrend. The stock exhibits extreme volatility, with a beta of 3.185, meaning it is over 200% more volatile than the broader market, a critical factor for risk management. Key technical support is anchored at the 52-week low of $16.01, though a more relevant near-term support level is the recent March low near $119.51, while immediate resistance is the 52-week high of $229.55; a breakout above this level would signal a continuation of the parabolic move, whereas a breakdown below the $135-$150 consolidation zone could indicate a significant correction.
Beta
3.19
3.19x market volatility
Max Drawdown
-45.9%
Largest decline past year
52-Week Range
$16-$242
Price range past year
Annual Return
+1276.4%
Cumulative gain past year
| Period | BE Return | S&P 500 |
|---|---|---|
| 1m | +62.9% | +8.5% |
| 3m | +64.0% | +2.8% |
| 6m | +115.2% | +4.6% |
| 1y | +1276.4% | +32.3% |
| ytd | +140.7% | +3.9% |
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BE Fundamental Analysis
Revenue growth is explosive but shows high quarterly volatility; the most recent Q4 2025 revenue was $777.7 million, representing a year-over-year growth of 35.87%, a significant acceleration from the prior quarter's $519.0 million. The revenue segment breakdown shows the 'Product' segment, at $638.5 million, is the dominant driver, while 'Service' and 'Installation' contribute smaller but recurring streams. Profitability remains inconsistent; while the company reported a small net income of $1.1 million in Q4 2025 with a gross margin of 30.85%, it posted a net loss of -$23.1 million in Q3 2025, and the trailing twelve-month net margin is negative at -4.37%. The operating margin of 3.60% indicates the core business is only marginally profitable on an operating basis, highlighting execution and scaling challenges. The balance sheet shows a strong current ratio of 5.98, indicating ample short-term liquidity, but financial leverage is high with a debt-to-equity ratio of 3.89. Free cash flow over the trailing twelve months is positive at $60.5 million, and the company generated substantial operating cash flow of $421.4 million in Q4 2025, suggesting it can fund some growth internally, though the high debt load remains a risk factor.
Quarterly Revenue
$777683000.0B
2025-12
Revenue YoY Growth
+0.35%
YoY Comparison
Gross Margin
+0.30%
Latest Quarter
Free Cash Flow
$60538000.0B
Last 12 Months
Revenue & Net Income Trends (2 Years)
Revenue Breakdown
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Valuation Analysis: Is BE Overvalued?
Given the trailing net income is marginally positive but the forward outlook is for significant profitability, we lead with the forward P/E ratio. The forward P/E is 67.94x, which is the primary valuation metric as the market prices in expected future earnings growth, while the trailing P/E is negative at -234.84x due to recent quarterly losses. Compared to the Industrials sector, a forward PE of 68x represents a substantial premium, which the market is assigning based on Bloom's hyper-growth profile and its pivotal role in the AI power infrastructure theme. Historically, the stock's valuation has expanded dramatically; its current Price-to-Sales ratio of 10.26x is significantly above its historical range seen in 2024 (often between 7x and 14x), indicating the stock is trading at a premium to its own history, pricing in near-perfect execution of its massive order backlog and the AI data center opportunity.
PE
-234.8x
Latest Quarter
vs. Historical
Low-End
5-Year PE Range -215x~5250x
vs. Industry Avg
N/A
Industry PE ~N/A*
EV/EBITDA
1062.6x
Enterprise Value Multiple

