Bloom Energy Corporation (BE) Stock

Bloom Energy Corporation (BE) is a Industrials stock trading at $202.11 (as of 2026-08-20), with a market capitalization of $57.49B and a trailing P/E of 5769.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation. Its Bloom Energy Server converts fuels such as natural gas, biogas, hydrogen, or blends into electricity for customers including data centers, hospitals, healthcare and manufacturing facilities, and other critical infrastructure applications in the United States and internationally.

Understand Bloom Energy Corporation: how it makes money

Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems (Bloom Energy Server) that convert fuels like natural gas, biogas, hydrogen, or fuel blends into on-site electricity, earning revenue from product, service, and installation sales.

The profit model is tied to how much the company can generate from selling the core systems (product revenue), then sustaining additional revenue through ongoing service and installation activity for installed on-site power generation.

Revenue by segment (latest quarter)
Product$0.7B
Service$0.1B
Installation$0.0B

Business quality (Mixed): The provided segment view is a revenue-component split (product, service, installation) and does not explicitly confirm named reportable segments, but it is internally consistent with the supplied revenue breakdown candidates.

Bull case

  • Broad end-market demand for critical on-site power: The company serves applications including data centers, hospitals, healthcare manufacturing facilities, biotechnology facilities, grocery stores, hardware stores, banks, telecom facilities, and other critical infrastructure.
  • Fuel flexibility supports multiple inputs: Bloom Energy Server converts fuel, such as natural gas, biogas, hydrogen, or a blend, into electricity through an electrochemical process without combustion.
  • Solid profitability for the quarter provided: For the quarter ended 2026-03-31, gross margin was 30.0% and operating margin was 9.6% (per the provided facts).

Bear case

  • Supply chain delays can affect revenue: A provided item notes supply chain delay (revenue impact) of 0.02 USD_B, indicating execution risks can flow through to results.
  • Results can include non-cash charges tied to the electricity segment: A provided item shows a non-cash asset impairment charge (GAAP, electricity segment) of 0.04 USD_B, which can be a sign of asset-level risk or shifting assumptions.
  • Service and installation revenue appear smaller than product revenue: In the provided breakdown candidates, product revenue is 0.65 USD_B versus service revenue of 0.06 USD_B and installation revenue of 0.04 USD_B (values shown across the provided candidates), so growth may depend heavily on product volumes.
Valuation — source: SEC EDGAR (first-party)
Price$202.11
Market Cap$57.49B
P/E Ratio5769.1
EV / EBITDA266.6
Price / Book60.64
Price / Sales23.47
FCF Yield0.4%
DCF Value (model)$1.50
DCF Upside vs Price-99.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.02B
Net Margin-4.3%
Revenue Growth (YoY)130.4%
EPS Growth (YoY)-350.0%
FCF Growth (YoY)-138.0%
Financial Health — source: SEC EDGAR
Altman Z-Score9.53 (safe)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Stock P/E5769.1
Sector P/E (Industrials)25.9
Industry P/E (Electrical Equipment)37.8
vs Sector22181.9%
vs Industry15167.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($3.40B)
Institutional Holders Tracked10
Congressional Trades (recent)7
Company
SectorIndustrials
IndustryElectrical Equipment
CEOK. R. Sridhar
Employees2,127
CountryUS
IPO Date2018-07-25

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BE earnings history · BE institutional & insider holders · BE KPIs & operating metrics · BE financials · BE investor presentations & press releases · BE SEC filings · BE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.