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Bloom Energy (BE) Stock Declines While Market Improves: Some Information for Investors

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In the latest close session, Bloom Energy (BE - Free Report) was down 2.69% at $231.17. The stock trailed the S&P 500, which registered a daily gain of 0.8%. On the other hand, the Dow registered a loss of 0.16%, and the technology-centric Nasdaq increased by 1.63%.

Shares of the developer of fuel cell systems have appreciated by 77.93% over the course of the past month, outperforming the Oils-Energy sector's loss of 0.61%, and the S&P 500's gain of 8.11%.

The investment community will be closely monitoring the performance of Bloom Energy in its forthcoming earnings report. The company is scheduled to release its earnings on April 28, 2026. The company is forecasted to report an EPS of $0.09, showcasing a 200% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $498.11 million, up 52.79% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $1.44 per share and revenue of $3.27 billion, which would represent changes of +89.47% and +61.79%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Bloom Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.63% increase. Bloom Energy currently has a Zacks Rank of #1 (Strong Buy).

In the context of valuation, Bloom Energy is at present trading with a Forward P/E ratio of 165.44. This valuation marks a premium compared to its industry average Forward P/E of 16.59.

One should further note that BE currently holds a PEG ratio of 6.62. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Alternative Energy - Other industry had an average PEG ratio of 2.53 as trading concluded yesterday.

The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 75, this industry ranks in the top 31% of all industries, numbering over 250.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

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