We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Bloom Energy (BE) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
Bloom Energy (BE - Free Report) closed at $236.30 in the latest trading session, marking a -1.27% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.33%. Elsewhere, the Dow saw an upswing of 1.08%, while the tech-heavy Nasdaq appreciated by 0.08%.
Shares of the developer of fuel cell systems witnessed a loss of 11.36% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.67%, and the S&P 500's gain of 1.41%.
Market participants will be closely following the financial results of Bloom Energy in its upcoming release. The company plans to announce its earnings on October 22, 2026. On that day, Bloom Energy is projected to report earnings of $0.71 per share, which would represent year-over-year growth of 373.33%. Simultaneously, our latest consensus estimate expects the revenue to be $1.07 billion, showing a 106.31% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.69 per share and a revenue of $4.14 billion, representing changes of +253.95% and +104.34%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Bloom Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.68% decrease. Currently, Bloom Energy is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Bloom Energy currently has a Forward P/E ratio of 88.97. This signifies a premium in comparison to the average Forward P/E of 17.11 for its industry.
We can additionally observe that BE currently boasts a PEG ratio of 2.34. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Alternative Energy - Other industry stood at 1.96 at the close of the market yesterday.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 153, finds itself in the bottom 38% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Bloom Energy (BE) Stock Dips While Market Gains: Key Facts
Bloom Energy (BE - Free Report) closed at $236.30 in the latest trading session, marking a -1.27% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.33%. Elsewhere, the Dow saw an upswing of 1.08%, while the tech-heavy Nasdaq appreciated by 0.08%.
Shares of the developer of fuel cell systems witnessed a loss of 11.36% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.67%, and the S&P 500's gain of 1.41%.
Market participants will be closely following the financial results of Bloom Energy in its upcoming release. The company plans to announce its earnings on October 22, 2026. On that day, Bloom Energy is projected to report earnings of $0.71 per share, which would represent year-over-year growth of 373.33%. Simultaneously, our latest consensus estimate expects the revenue to be $1.07 billion, showing a 106.31% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.69 per share and a revenue of $4.14 billion, representing changes of +253.95% and +104.34%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Bloom Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.68% decrease. Currently, Bloom Energy is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Bloom Energy currently has a Forward P/E ratio of 88.97. This signifies a premium in comparison to the average Forward P/E of 17.11 for its industry.
We can additionally observe that BE currently boasts a PEG ratio of 2.34. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Alternative Energy - Other industry stood at 1.96 at the close of the market yesterday.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 153, finds itself in the bottom 38% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.