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Bloom Energy Corp (BE) Stock

Bloom Energy Corp Stock Details, Movements and Public Alerts

Bloom Energy (BE): The Fuel Cell Company Solving AI's Data Center Power Crisis

KR Sridhar built technology for NASA to convert carbon dioxide into oxygen for Mars habitation. He founded Bloom Energy in 2001 to apply similar electrochemistry on Earth, creating fuel cells that generate clean electricity from natural gas, biogas, or hydrogen without combustion. For years, the company served corporate campuses and hospitals that wanted reliable, low-emission on-site power. Then AI arrived, and everything changed. Data centers need gigawatts of new power capacity, but grid connections take 3-5 years. Bloom's fuel cell servers can be installed in months. Revenue surged 37% in 2025 to $2.02 billion. A $5 billion partnership with Brookfield Asset Management and collaboration with Oracle on AI data center power solutions signaled that Bloom had found its market moment. The stock rose over 400% at one point during the year.

52-Week Range

$180.90 - $15.15

-15.57% from high · +908.12% from low

Avg Daily Volume

10,269,343

20-day average

100-day avg: 12,850,548

Fundamentals

Valuation Metrics

P/E Ratio (TTM)

N/A

Forward P/E

112.36

PEG Ratio

4.48

Potentially overvalued

Price to Book

56.40

EV/EBITDA

2188.80

EPS (TTM)

-$0.37

Price to Sales

21.42

Beta

3.18

More volatile than market

Q:How is BE valued relative to its earnings and growth?
Valuation data is not available for this stock.
Q:What is BE's risk profile compared to the market?
With a beta of 3.18, Bloom Energy Corp is significantly more volatile than the market. For every 10% market move, this stock tends to move 32% in the same direction. Higher beta stocks offer greater potential returns but with increased risk. The price-to-book ratio of 56.40 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

Performance & Growth

Profit Margin

-4.37%

Operating Margin

13.30%

EBITDA

$139.04M

Return on Equity

-12.70%

Return on Assets

1.57%

Revenue Growth (YoY)

35.90%

Earnings Growth (YoY)

-98.80%

Q:How profitable and efficient is BE's business model?
Bloom Energy Corp achieves a profit margin of -4.37%, meaning it retains $-4.37 from every $100 in revenue after all expenses. This relatively low margin suggests the company operates in a competitive environment or high-cost industry where profitability is challenging. The operating margin of 13.30% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at -12.70% and ROA at 1.57%, the company achieves moderate returns on invested capital.
Q:What are BE's recent growth trends?
Bloom Energy Corp's revenue grew by 35.90% year-over-year, representing robust expansion that significantly outpaces typical market growth rates. This strong top-line performance suggests the company is successfully capturing market share or benefiting from favorable industry trends. Earnings decreased by 98.80% year-over-year, reflecting the bottom-line impact of business performance. These growth metrics should be evaluated against ELECTRICAL EQUIPMENT & PARTS industry averages for proper context.

Company Size & Market

Market Cap

$43.3B

Revenue (TTM)

$2.02B

Revenue/Share (TTM)

$8.42

Shares Outstanding

280.55M

Book Value/Share

$2.75

Asset Type

Common Stock

Q:What is BE's market capitalization and position?
Bloom Energy Corp has a market capitalization of $43.3B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 280.55M shares outstanding, the company's ownership is relatively concentrated. As a participant in the ELECTRICAL EQUIPMENT & PARTS industry, it competes with other firms in this sector.
Q:How does BE's price compare to its book value?
Bloom Energy Corp's book value per share is $2.75, while the current stock price is $152.73, resulting in a price-to-book (P/B) ratio of 55.64. This high P/B ratio indicates significant intangible assets, strong brand value, or high growth expectations. Technology and consumer brand companies often trade at elevated P/B ratios due to intellectual property and competitive advantages not reflected on the balance sheet. As a common stock, this represents equity ownership with voting rights.

Analyst Ratings

Analyst Target Price

$144.08

5.66% downside potential

Analyst Recommendations

Strong Buy

4

Buy

9

Hold

11

Sell

3

Strong Sell

1

Q:How reliable are analyst predictions for BE?
28 analysts cover BE with 46% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The mixed views reflect uncertainty about the outlook. The consensus target of $144.08 implies -5.7% downside, but targets are often adjusted to follow price moves rather than predict them.
Q:What is the Wall Street consensus on BE?
Current analyst recommendations:4 Strong Buy, 9 Buy, 11 Hold, 3 Sell, 1 Strong Sell. The neutral stance suggests uncertainty or fair valuation at current levels.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.

Fundamentals last updated: Mar 17, 2026, 02:08 AM

Technical Indicators

RSI (14-day)

50.40

Neutral

50-Day Moving Average

$147.20

3.76% above MA-50

200-Day Moving Average

$87.64

74.27% above MA-200

MACD Line

2.15

MACD Signal

3.53

MACD Histogram

-1.38

Bearish

Q:What does BE's RSI value tell investors?
The RSI (Relative Strength Index) for BE is currently 50.40, indicating the stock is in neutral territory (40-60 range). Neither buyers nor sellers have clear control, suggesting consolidation or balanced market forces. Combined with the price being above the 50-day moving average, this confirms bullish conditions.
Q:How should traders interpret BE's MACD and moving average crossovers?
MACD analysis shows the MACD line at 2.15 below the signal line at 3.53, with histogram at -1.38. This bearish crossover indicates downward pressure. The wide histogram confirms strong momentum. The 50-day MA ($147.20) is above the 200-day MA ($87.64), forming a golden cross pattern that typically signals a long-term uptrend. Price is currently above both MAs, confirming strength.

Indicators last updated: Mar 17, 2026, 12:57 AM

Active Alerts

Alert Condition
RSI Threshold Cross
Threshold
30
Created
Jan 5, 2026, 12:23 PM

Bloom Energy (BE) Stock Analysis 2025: Complete Investment Guide

From NASA Mars Technology to Data Center Power

Bloom Energy's solid oxide fuel cells use an electrochemical process to convert fuel into electricity at approximately 60% electrical efficiency. Unlike combustion turbines or diesel generators, the process produces fewer emissions and operates at consistent output regardless of external conditions. The Bloom Energy Server, a modular platform roughly the size of a parking space, generates 300 kilowatts of baseload power. Servers can be stacked to deliver megawatt-scale installations.

CEO Sridhar initially targeted corporations and institutions that wanted reliable, clean on-site power independent of the electrical grid. Customers included Apple, Google, Walmart, and major hospitals. The technology worked but grew slowly in a market where grid electricity was cheap and available. AI's insatiable power demand changed the equation: data centers need megawatts of reliable power, they need it fast, and the electrical grid cannot deliver capacity quickly enough.

Why Data Centers Cannot Wait for the Grid

AI data centers face a fundamental power problem. Training large language models and running inference at scale requires enormous, constant electricity. Grid interconnection for a new data center takes 3-5 years in most US markets due to transmission upgrade backlogs, permitting requirements, and equipment lead times for transformers and substations. Gas turbine orders have multi-year delivery timelines. Data center operators cannot wait half a decade for power.

Bloom's fuel cell servers can be manufactured, shipped, and installed in months, not years. They connect to existing natural gas pipelines (which are widely available) and generate electricity on-site, bypassing the grid interconnection queue entirely. For data center operators racing to deploy AI capacity, this speed-to-power is worth a premium over grid electricity. Bloom can also run on hydrogen, providing a transition path to zero-emission power as green hydrogen becomes available.

Financial Performance

  • •2025 Revenue: $2.02 billion, up 37% year-over-year
  • •Q3 2025 GAAP Operating Income: $7.8 million (first GAAP-profitable quarter), versus -$9.7 million prior year
  • •Q3 2025 Non-GAAP Operating Income: $46.2 million, up from $8.1 million year-over-year
  • •Stock Performance: Rose over 400% during 2025, driven by data center demand narrative
  • •Key Partnerships: $5 billion Brookfield deal, Oracle AI data center collaboration
  • •GAAP Net Loss: -$88 million for 2025 (including non-cash items); trending toward sustained profitability

Growth Catalysts

  • •AI Data Center Power Demand: Hundreds of gigawatts of new data center capacity planned globally; Bloom's speed-to-power advantage grows as grid backlogs lengthen
  • •Brookfield $5B Partnership: Provides project financing for large-scale fuel cell deployments; removes capital constraint for customer installations
  • •Hydrogen Transition: Fuel cells are hydrogen-ready; as green hydrogen costs decline, Bloom servers can switch from natural gas to zero-emission fuel without hardware changes
  • •International Expansion: Data center power shortages are global; South Korea, Japan, and Europe face similar grid constraints that favor on-site generation
  • •Profitability Inflection: Q3 2025 GAAP profitability milestone suggests operating leverage is improving; further revenue growth should expand margins

Risks and Challenges

  • •Natural Gas Dependency: Most installations run on natural gas, which produces CO2 emissions; ESG-focused customers may prefer solar/wind + batteries over fossil fuel cells
  • •Profitability Not Yet Sustained: Despite Q3 GAAP profits, full-year 2025 showed a $88M net loss; the company needs to demonstrate consistent profitability quarters
  • •Competition From Gas Turbines: General Electric and Siemens Energy gas turbines are established technology for large-scale data center power; some operators prefer proven solutions
  • •Valuation After 400%+ Rally: Stock price reflects substantial optimism about data center demand; any slowdown in orders or missed execution targets would compress the multiple
  • •Technology Risk: Solid oxide fuel cells operate at high temperatures and have limited track record at the scale data centers require; reliability over multi-year deployments needs to be proven

Competitive Landscape

In fuel cells, Bloom competes with Plug Power (PEM fuel cells), FuelCell Energy (molten carbonate), and Ceres Power (solid oxide, but primarily licensing). Bloom is the largest and most commercially mature solid oxide fuel cell company. In broader data center power, Bloom competes with natural gas turbines (GE Vernova, Siemens Energy), diesel backup generators, and increasingly with small modular nuclear reactors (NuScale, Oklo) that promise zero-emission baseload power.

Bloom's competitive advantage is deployment speed. While gas turbines have multi-year lead times and nuclear reactors remain years from commercial availability, Bloom servers can be manufactured and installed in months. For data center operators facing time-to-market pressure, that speed premium justifies the higher per-kilowatt cost. The hydrogen readiness of Bloom servers also provides a decarbonization path that gas turbines cannot match without replacement.

Who Is This Stock Suitable For?

Perfect For

  • ✓Growth investors who believe AI data center power demand is a multi-year supercycle that benefits distributed generation
  • ✓Those seeking clean energy exposure with near-term commercial revenue rather than pre-revenue stories
  • ✓Investors who believe hydrogen fuel cells will play a significant role in data center and industrial power
  • ✓Technology-focused portfolios seeking exposure to the power infrastructure layer of AI

Less Suitable For

  • ✗Value investors (stock traded at extreme multiples after the 2025 rally)
  • ✗Income investors (no dividend; company still generating net losses on GAAP basis)
  • ✗ESG purists who object to natural gas usage even with lower emissions than grid power
  • ✗Risk-averse investors (high volatility, profitability not yet sustained, competition from multiple technologies)

Investment Thesis

Bloom Energy found its product-market fit when AI created an urgent demand for data center power that the electrical grid cannot supply fast enough. The company's fuel cell servers solve the speed-to-power problem that is the single biggest constraint on AI infrastructure deployment. Revenue growth of 37%, the $5 billion Brookfield partnership, and the Oracle collaboration validate that hyperscalers and data center operators are buying the solution.

The investment risk is concentration and competition. If AI data center buildout slows, Bloom loses its primary growth catalyst. If gas turbines or small modular reactors become available faster, Bloom's speed advantage diminishes. The company's GAAP profitability is nascent and not yet consistent. After a 400%+ stock rally, the current price assumes years of sustained high growth. Bloom suits investors with conviction that the data center power crisis will persist and that fuel cells are the fastest bridge to reliable on-site power, with hydrogen optionality providing a long-term clean energy transition path.

Conclusion

Bloom Energy is a high-conviction bet on the intersection of fuel cell technology and AI infrastructure demand. The speed-to-power advantage is real and validated by major partnerships. The stock is appropriate for growth investors who believe the data center power crisis will persist for years, with position sizing that accounts for the elevated valuation and nascent profitability.
Bull Case
$38 (50% upside) - Data center orders accelerate, sustained GAAP profitability, hydrogen transition begins, international expansion scales
Base Case
$26 (5% upside) - Revenue grows 20-25%, profitability improves gradually, data center demand strong but moderating
Bear Case
$12 (52% downside) - Data center power demand cools, competition from gas turbines intensifies, profitability stalls, valuation compresses

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