BE

Bloom Energy

$260.22

+4.56%
Jun 12, 2026
Bobby Quantitative Model
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 technology leader and disruptor in the clean energy space, offering fuel-flexible servers that can use natural gas, biogas, and hydrogen to provide resilient electricity. The current investor narrative is overwhelmingly centered on the company's direct role in powering the AI infrastructure boom, with recent news highlighting a major multi-gigawatt deal with Oracle and a partnership with Nebius Group, which are seen as validating its critical position in addressing the electricity bottleneck for data centers and driving explosive stock performance.

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BE 12-Month Price Forecast

Historical Price
Current Price $260.22
Average Target $260.22
High Target $299.253
Low Target $221.187

Wall Street consensus

Most Wall Street analysts maintain a constructive view on Bloom Energy's 12-month outlook, with a consensus price target around $338.29 and implied upside of +30.0% versus the current price.

Average Target

$338.29

11 analysts

Implied Upside

+30.0%

vs. current price

Analyst Count

11

covering this stock

Price Range

$208 - $338

Analyst target range

Buy
3 (27%)
Hold
5 (46%)
Sell
3 (27%)

Insufficient analyst coverage data is available to provide a detailed consensus view, as the provided data includes only estimated EPS and revenue figures without explicit target prices or recommendation distributions. The implications of limited coverage are significant; while 11 analysts provide estimates, the absence of a clear target price range suggests high uncertainty and a lack of strong institutional consensus, which can contribute to the stock's extreme volatility (beta of 3.83) and less efficient price discovery. The wide range in analyst estimates for next year's revenue, from a low of $12.2 billion to a high of $18.3 billion, underscores the dramatic divergence in views on the company's growth trajectory and the high degree of uncertainty surrounding its fundamental outlook.

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BE Technical Analysis

The stock is in a powerful, sustained uptrend, evidenced by a staggering 1-year price change of +1338.86%. As of the latest close at $291.37, the stock is trading near the top of its 52-week range, approximately 90% of the distance from its 52-week low of $19.97 to its high of $322.83, indicating strong momentum but also suggesting the stock is extended and vulnerable to a pullback. Recent momentum shows a slight deceleration from the longer-term trend, with a 1-month price change of -1.31% contrasting sharply with the 3-month gain of +115.53%, signaling a potential consolidation or profit-taking phase after the parabolic rise; this divergence is further underscored by a 1-month relative strength of -5.91% versus the S&P 500. Key technical support is anchored at the 52-week low of $19.97, though more relevant near-term support lies around the $135-$150 area from the March-April consolidation, while immediate resistance is at the all-time high of $322.83; a breakout above this level would signal a continuation of the powerful trend, whereas a breakdown below the recent consolidation could trigger a deeper correction. The stock exhibits extreme volatility with a beta of 3.83, meaning it is approximately 283% more volatile than the broader market, which necessitates outsized risk tolerance and careful position sizing for investors.

Beta

3.75

3.75x market volatility

Max Drawdown

-45.9%

Largest decline past year

52-Week Range

$21-$323

Price range past year

Annual Return

+1069.5%

Cumulative gain past year

PeriodBE ReturnS&P 500
1m-10.2%-0.1%
3m+68.4%+12.0%
6m+174.0%+8.8%
1y+1069.5%+22.9%
ytd+163.7%+8.8%

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BE Fundamental Analysis

Revenue growth is accelerating dramatically, with Q4 2025 revenue of $777.7 million representing a 35.87% year-over-year increase, and the sequential quarterly trend from Q1 to Q4 2025 shows revenue climbing from $326.0 million to $777.7 million, indicating robust demand momentum. The company's profitability is highly volatile and currently marginal, with Q4 2025 net income of $1.1 million (a net margin of 0.14%) following three consecutive quarters of losses, while the gross margin improved to 30.85% in Q4 from 27.24% in Q1, suggesting potential for margin expansion as scale increases. The balance sheet and cash flow picture is mixed, with a strong current ratio of 5.98 indicating ample liquidity, but a high debt-to-equity ratio of 3.89 points to a leveraged capital structure; however, trailing twelve-month free cash flow is positive at $60.5 million, and the most recent quarter generated robust operating cash flow of $421.4 million, which supports the company's ability to internally fund its growth initiatives.

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

Electricity
Installation
Product
Service

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Valuation Analysis: Is BE Overvalued?

Given the company's inconsistent profitability with a trailing net income near zero, the primary valuation metric selected is the Price-to-Sales (PS) ratio. The trailing PS ratio is 10.32x, while the forward-looking valuation is implied by an Enterprise Value-to-Sales (EV/Sales) of 33.57x, a significant gap that reflects the market's extremely high growth expectations embedded in the current stock price. Compared to industry averages, data is not available in the provided dataset for a direct sector multiple comparison, making it difficult to quantify a premium or discount; however, the elevated EV/Sales of 33.57x suggests the market is pricing in transformative growth, likely tied to its perceived role in the AI infrastructure build-out. Historically, the stock's own PS ratio has fluctuated wildly, from a low around 7.29x in late 2024 to a high of 29.46x at the end of 2025; the current PS of 10.32x sits above the lower end of this range but well below the recent peak, indicating that while the valuation has compressed from its highs, it remains elevated relative to its own history, pricing in significant future execution.

PE

-236.2x

Latest Quarter

vs. Historical

Low-End

5-Year PE Range -215x~5250x

vs. Industry Avg

N/A

Industry PE ~N/A*

EV/EBITDA

1068.6x

Enterprise Value Multiple