Bloom Energy Corp (BE)
Industrials · Electrical Components & Equipment · US stock · S&P 500 component
$221.31
▼ -14.99 (6.34%)
Fair valueData under review
$9
$5fair band $6–$13$14
Day's range
$219.17 – $233.59
52-week range
$75.70 – $351.28
Red flags⚠ Heavy dilution
About Bloom Energy Corp
On-site power is the focus of Bloom Energy, which builds solid oxide fuel cell systems, called Energy Servers, that generate electricity from natural gas, biogas or hydrogen. The systems give customers power that is independent of the grid or supports it. Customers include data centre operators, large corporations, hospitals, retailers, manufacturers and utilities. The company designs and manufactures the equipment, installs it and provides ongoing maintenance and service.
Revenue comes from Energy Server shipments, installation work, service contracts and some long-term power agreements. Revenue was $2.4 billion over the last twelve months and has grown at 19.1% a year across the last three years. The operating margin is 6.7%, the business earns 11% on the capital invested in it, and net debt is 1.5 times EBITDA. No dividend is paid. On the site's X-Ray Score it receives 32 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $75.70 – $351.28Volume 13,747,400Daily, split-adjusted
Vitals
Market cap$70.8B
52-week range$75.70 – $351.28
Volume (last day)13,747,400
P/E (TTM)5,705.3
EBIT / EV yield0.2%
Free-cash-flow yield0.3%
Dividend yieldNo dividend
Revenue (TTM)$2.4B
Net income (TTM)$10M
Operating margin6.7%
Return on capital11.0%
Debt incl. leases$2.7B
Cash & securities$2.5B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$9model spread $8 – $10
Data under review
+0.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Earnings are far above the company's own 3-year history, so models would extrapolate a possible peak
Price $221
Undervalued < $6Fair $6 – $13Overvalued > $13
10-year DCF (market-scaled)
$9
Peer multiples
$10
Earnings power floor (not blended)
$-6
Fundamentals-adjusted multiple
$8
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Read the lenses below
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
2/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield0.2%
Free-cash-flow yield0.3%
Fair value vs price0.0×
Growth
Strong
76/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)19.1%
Growth consistency70%
Profitability
Weak
28/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital11.0%
Operating margin6.7%
Gross profitability15.5%
Financial health
Weak
29/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score4 / 9
Net debt / EBITDA1.5×
Interest cover3.4×
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+60.4%
Dec '24
+38.6%
Mar '25
+19.5%
Jun '25
+57.1%
Sep '25
+35.9%
Dec '25
+130.4%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $751M, diluted EPS $0.23.
Compare with peers
VRT Vertiv Holdings Co55 ROK Rockwell Automation, I...48 AME Ametek Inc/48 EMR Emerson Electric Co47Other Electrical Components & Equipment companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 2 Average · ● 9 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
Revenue growth (3y)Good
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverBad
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 36/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $972M | $1.2B | $1.3B | $1.5B | $2.0B |
| Operating income | −$115M | −$261M | −$209M | $23M | $73M |
| Net income | −$164M | −$302M | −$302M | −$27M | −$87M |
| Operating cash flow | −$61M | −$192M | −$373M | $92M | $114M |
| Operating margin | -11.8% | -21.8% | -15.7% | 1.6% | 3.6% |
| Free cash flow | −$110M | −$309M | −$456M | $33M | $57M |
| Diluted EPS | $-0.95 | $-1.62 | $-1.42 | $-0.13 | $-0.37 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 1 neutral · 10 bearish
Weekly
Bullish
7 bullish · 1 neutral · 4 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 265.0 | Bearish |
| EMA 10 | 255.4 | Bearish |
| SMA 20 | 271.4 | Bearish |
| EMA 20 | 261.8 | Bearish |
| SMA 50 | 248.6 | Bearish |
| EMA 50 | 255.5 | Bearish |
| SMA 100 | 251.8 | Bearish |
| EMA 100 | 244.1 | Bearish |
| SMA 200 | 216.3 | Bullish |
| EMA 200 | 213.2 | Bullish |
Oscillators (daily)
| RSI (14) | 36.51 | Neutral |
| MACD (12, 26) | -3.21 | Bearish |
| Momentum (12) | -20.10 | Bearish |
| Stochastic %K (14) | 7.10 | Bullish |
| Williams %R (14) | -92.90 | Bullish |
| CCI (20) | -215.4 | Bullish |
Pivot points (classic, last session)
S3 201.4 | S2 210.3 | S1 215.8 | Pivot 224.7 | R1 230.2 | R2 239.1 | R3 244.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
BE SEC filings
29 Jul 2026
10-Q/ASEC EDGAR
Quarterly report
28 Jul 2026
10-QSEC EDGAR
Quarterly report
28 Jul 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
9 Jul 2026
8-KSEC EDGAR
Regulation FD disclosure
17 Jun 2026
8-KSEC EDGAR
Director or officer change
27 May 2026
8-KSEC EDGAR
Shareholder vote results
29 Apr 2026
10-QSEC EDGAR
Quarterly report
28 Apr 2026
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.