Bloom Energy (BE) 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.
