Added to YB: 2026-05-01
Pitch date: 2026-04-29
BE [neutral]
Bloom Energy Corporation
-4.18%
current return
Author Info
Company Info
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.
Market Cap
$81.9B
Pitch Price
$295.73
Price Target
N/A
Dividend
N/A
EV/EBITDA
394.05
P/E
12.1K
EV/Sales
33.64
Sector
Electrical Equipment
Category
growth
Bloom Energy (BE) — Q1 2026 Results
BE (earnings): Q1 rev $751M vs $540M est (+39%), non-GAAP EPS $0.44 vs $0.13 est (+238%). FY26 guide raised: rev $3.4-3.8B (prior $3.1-3.3B), EPS $1.85-2.25 (vs $1.40 est). Oracle Project Jupiter: 2.45 GW AI factory w/ 100% Bloom (no gas turbines). >50% backlog from other hyperscalers. 5 GW/yr capacity = $5-6B product ceiling. Service attach 100%, 10-15yr contracts = compounding annuity. OCF +$73.6M (first Q1 positive). Customer prepays +$90M to $233M (capacity reservation signal). Bears: 124x FY26E P/E, 49.7% Q1 rev from Korea JV, new CFO 2wks in, install margin -29%, 10x throughput ramp (200 MW→2 GW) in 1yr w/ no precedent. AH +12% to $254 on beat-and-raise magnitude. Hold; Q2 execution & JV mix normalization key.
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