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BE

Bloom Energy Corp

BE

13.87USD-0.34 (-2.39%)Market Closed
Watchlist

Market Summary

USD13.87-0.34
Market Closed
-2.39%

BE Alerts

  • Big jump in Revenue (Y/Y)

BE Stock Price

View Fullscreen

BE RSI Chart

BE Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

-11.2

Price/Sales (Trailing)

2.01

EV/EBITDA

-11.9

Price/Free Cashflow

-4.66

BE Price/Sales (Trailing)

BE Profitability

Operating Margin

17.50%

EBT Margin

-19.10%

Return on Equity

-85%

Return on Assets

-9.62%

Free Cashflow Yield

-21.46%

BE Fundamentals

BE Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

36.95%

Revenue Q/Q

32.94%

BE Earnings

Earnings (TTM)

-258.4M

Earnings Y/Y

43%

Earnings Q/Q

7.82%

Price Action

Last 7 days

-3.9%

Last 30 days

39.7%

Last 90 days

-5.7%

Trailing 12 Months

-30.8%

How does BE drawdown profile look like?

BE Financial Health

Current Ratio

2.14

BE Investor Care

Shares Dilution (1Y)

16.91%

Diluted EPS (TTM)

-1.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.3B1.3B1.4B0
2022979.2M994.0M1.1B1.2B
2021831.6M872.2M879.1M972.2M
2020794.9M782.4M758.4M794.2M
2019611.1M673.1M728.8M785.2M
2018432.4M499.1M565.9M632.6M
2017000365.6M

Latest Insider Trading transactions for BE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 16, 2023
soderberg shawn marie
sold
-18,894
12.39
-1,525
evp, gc & secretary
Nov 15, 2023
soderberg shawn marie
acquired
-
-
3,032
evp, gc & secretary
Oct 16, 2023
brooks guillermo
sold
-47,286
12.47
-3,792
evp, sales - americas
Oct 16, 2023
soderberg shawn marie
sold
-23,413
11.73
-1,996
evp, gc & secretary
Oct 15, 2023
soderberg shawn marie
acquired
-
-
4,118
evp, gc & secretary
Oct 15, 2023
brooks guillermo
acquired
-
-
10,485
evp, sales - americas
Sep 29, 2023
immelt jeffrey r
acquired
28,747
13.26
2,168
-
Sep 23, 2023
sk ecoplant co., ltd.
sold
-
-
-13,491,700
-
Sep 23, 2023
sk ecoplant co., ltd.
acquired
-
-
13,491,700
-

1–10 of 50

Which funds bought or sold BE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-65.09
-1,691,850
668,079
-%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-155
663
-%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
sold off
-100
-725,368
-
-%
Nov 30, 2023
Neo Ivy Capital Management
new
-
381,000
381,000
0.17%
Nov 24, 2023
DEUTSCHE BANK AG\
added
6.25
-2,067,570
12,878,000
0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
7,602,000
0.03%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
141,908
141,908
-%
Nov 21, 2023
Walleye Trading LLC
new
-
1,301,460
1,301,460
-%
Nov 21, 2023
COMERICA BANK
reduced
-1.54
130,933
130,933
-%
Nov 16, 2023
Orion Capital Management LLC
reduced
-2.36
-72,138
274,482
0.18%

1–10 of 32

Latest Funds Activity

Are funds buying BE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BE
No. of Funds

Schedule 13G FIlings of Bloom Energy Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Nov 07, 2023
blackrock inc.
10.8%
24,268,235
SC 13G/A
Oct 03, 2023
sk ecoplant co., ltd.
10.5%
23,491,701
SC 13D/A
Sep 07, 2023
blackrock inc.
6.5%
13,619,183
SC 13G/A
Apr 19, 2023
sk ecoplant co., ltd.
11.5%
23,491,701
SC 13D/A
Mar 24, 2023
sk ecoplant co., ltd.
11.5%
23,491,701
SC 13D/A
Mar 14, 2023
sk ecoplant co., ltd.
11.5%
23,491,701
SC 13D/A
Feb 14, 2023
ameriprise financial inc
11.17%
20,035,437
SC 13G/A
Feb 09, 2023
vanguard group inc
8.67%
15,557,012
SC 13G/A
Jan 26, 2023
blackrock inc.
11.6%
20,877,698
SC 13G/A
Jan 20, 2023
blackrock inc.
11.6%
20,877,698
SC 13G

Recent SEC filings of Bloom Energy Corp

View All Filings
Date Filed Form Type Document
Nov 16, 2023
144
Notice of Insider Sale Intent
Nov 16, 2023
4
Insider Trading
Nov 15, 2023
144
Notice of Insider Sale Intent
Nov 08, 2023
10-Q
Quarterly Report
Nov 08, 2023
8-K
Current Report
Nov 07, 2023
SC 13G/A
Major Ownership Report
Oct 17, 2023
4
Insider Trading
Oct 17, 2023
4
Insider Trading
Oct 16, 2023
144
Notice of Insider Sale Intent
Oct 16, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to Bloom Energy Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
44.4B
22.1B
4.86% 22.79%
34.69
2.01
8.08% -64.84%
18.1B
5.2B
9.97% 24.16%
33.07
3.57
8.66% 28.22%
18.1B
17.3B
16.30% 123.93%
11.49
1.05
-24.78% -43.92%
14.4B
6.0B
11.08% 17.23%
19.5
2.38
-1.98% -16.15%
12.0B
-
13.52% 39.64%
25.57
38.14
-70.09% 13.79%
MID-CAP
5.9B
4.0B
10.54% 2.80%
17.14
1.5
-1.35% -9.90%
5.3B
1.1B
10.90% 25.49%
31.27
4.75
44.91% 150.46%
5.0B
3.7B
2.35% 8.53%
6.51
1.36
-3.44% -14.01%
3.7B
1.7B
12.63% 9.69%
27.32
2.11
-0.59% -31.21%
2.4B
889.9M
-34.35% -70.10%
-2.58
2.75
38.49% -36.98%
SMALL-CAP
1.1B
1.4B
7.57% 5.72%
10.51
0.74
2.62% 83.76%
551.4M
140.1M
8.77% -60.38%
-31.38
3.94
33.18% 85.88%
520.9M
1.8B
13.75% -6.02%
9.24
0.28
-8.66% 162.33%
378.6M
-
2.71% -1.04%
-14.51
2.48
-17.10% -126.73%
61.7M
58.2M
26.19% 31.51%
16.7
1.06
-7.56% 11.27%

Bloom Energy Corp News

Latest updates
InvestorsObserver07 Dec 202304:47 pm15 hours ago
Stocks Register07 Dec 202304:31 pm15 hours ago
MSN06 Dec 202305:26 pm38 hours ago
The DBT News06 Dec 202311:01 am45 hours ago
InvestorsObserver30 Nov 202305:00 pm7 days ago
InvestorsObserver17 Nov 202308:00 am21 days ago
U.S News & World Report Money13 Nov 202308:00 am25 days ago
WTOP12 Nov 202308:00 am26 days ago
Investing.com09 Nov 202308:00 am29 days ago
Yahoo Finance08 Nov 202308:00 am30 days ago
Yahoo Finance08 Nov 202308:00 am30 days ago
The Business Journals06 Nov 202308:00 am32 days ago
InvestorsObserver02 Nov 202307:00 am36 days ago
InvestorsObserver30 Oct 202307:00 am39 days ago

Financials for Bloom Energy Corp

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue32.9%400,268,000301,095,000275,191,000462,576,000292,274,000243,236,000201,039,000342,471,000207,228,000228,470,000194,007,000249,387,000200,305,000187,856,000156,699,000213,543,000224,307,000200,326,000147,001,000157,145,000168,619,000
Cost Of Revenue65.7%405,482,000244,745,000220,924,000391,199,000241,330,000245,206,000173,102,000273,768,000170,345,000191,126,000139,356,000185,761,000144,318,000161,607,000136,768,000188,595,000181,582,000171,976,000145,437,000150,224,000141,209,000
Gross Profit-109.3%-5,214,00056,350,00054,267,00071,377,00050,944,000-1,970,00027,937,00068,703,00036,883,00037,344,00054,651,00063,626,00055,987,00026,249,00019,931,00024,948,00042,725,00028,350,0001,564,0006,921,00027,410,000
Operating Expenses-11.1%98,494,000110,806,000117,948,000111,945,000103,536,000100,203,00093,596,00082,208,00080,772,00080,055,00069,048,00068,144,00056,359,00055,749,00066,326,00072,820,00077,637,00091,628,00088,306,000105,392,00089,416,000
  S&GA Expenses-25.4%20,002,00026,822,00027,111,00025,850,00023,275,00020,475,00021,334,00023,696,00020,124,00022,727,00019,952,00018,840,00011,700,00011,427,00013,949,00017,357,00017,649,00018,194,00020,373,00024,951,00021,396,000
  R&D Expenses-15.3%35,126,00041,493,00045,690,00038,320,00036,146,00041,614,00034,526,00026,794,00027,634,00025,673,00023,295,00021,690,00019,231,00019,377,00023,279,00022,148,00023,389,00029,772,00028,859,00032,970,00027,021,000
EBITDA Margin100.0%--0.10-0.15-0.17-0.17-0.18-0.12-0.07-0.07-0.02-0.07-0.13-0.18-0.22-0.26-0.27-0.36-0.43-0.41-0.30-0.23
Interest Expenses387.6%68,037,00013,953,00011,746,00012,493,00013,099,00013,814,00014,087,00025,227,00014,514,00014,553,00014,731,00021,246,00019,902,00014,374,00020,754,00021,635,00021,323,00022,722,00021,800,00021,757,00022,125,000
Income Taxes223.0%646,000200,000300,000206,000300,000-12,000600,000430,000200,000313,000124,0008,000-100,000124,00031,000100,000300,000208,0001,079,000-3,000
Earnings Before Taxes-143.0%-167,432,000-68,900,000-74,700,000-50,581,000-60,056,000-121,177,000-82,183,000-48,021,000-56,504,000-58,100,000-29,700,000-31,591,500-17,900,000-47,837,000-81,518,000-70,980,000-56,600,000-86,668,000-108,544,000-119,032,000-84,435,000
EBT Margin100.0%--0.19-0.24-0.26-0.29-0.31-0.25-0.20-0.20-0.16-0.15-0.23-0.29-0.33-0.37-0.38-0.47-0.55-0.54-0.44-0.39
Net Income100.0%--69,059,000-74,917,000-57,323,500-57,077,000-121,165,000-82,747,000-62,240,000-52,353,000-53,885,000-24,889,000-48,672,000-11,954,000-42,512,000-75,949,000-65,833,000-51,750,000-81,911,000-104,920,000-115,449,000-80,502,000
Net Income Margin100.0%--0.20-0.24-0.26-0.29-0.28-0.22-0.17-0.18-0.14-0.13-0.20-0.26-0.28-0.33-0.34-0.43-0.52-0.50-0.39-0.33
Free Cashflow100.0%--66,061,000-341,284,000-59,186,000-106,118,000-32,289,000-110,953,00042,041,000-82,769,00032,204,000-101,967,000-23,654,000-53,260,000-19,487,000-40,308,00010,922,00021,798,000101,788,000-21,791,000-88,626,0002,199,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-12.6%2,3762,7202,1921,9471,9021,5811,6501,7261,4321,4641,4511,4541,4741,2781,3131,3231,3571,4131,4891,5251,530
  Current Assets-5.3%1,6821,7761,2451,056964669724806531566584619650441463473476591633664688
    Cash Equivalents-16.9%638767320348492414494615320401366417504324354377226308320280396
  Inventory1.6%476468398268255207183143183163153142132112107110133107120135138
  Net PPE---------616611599601602602607607627641712717698
  Goodwill-------2.002.00-------------
Liabilities-21.2%1,8712,3741,7581,5681,4911,5171,4961,5191,4311,4341,3871,3131,4321,5281,5721,4901,4941,5331,5101,5041,459
  Current Liabilities-44.3%462829772542393394347342312409369436390304286574289332264257244
Shareholder's Equity64.2%505308434341173-144--1.830.0030.0064.00141---------
  Retained Earnings-4.6%-3,871-3,702-3,636-3,564-3,517-3,460-3,341-3,263-3,229-3,177-3,123-3,103-3,076-3,064--2,946-2,880-2,828-2,746-2,642-2,508
  Additional Paid-In Capital8.7%4,3604,0124,0373,9063,6923,2843,2513,2193,1833,1563,1303,1833,0542,748-2,6872,6482,6042,5522,4812,388
Shares Outstanding-100.0%-209207-186179177-17417317113913912612411511611311253.0081.00
Minority Interest-51.7%19.0038.0035.0038.0029.0032.0036.0042.0047.0051.0058.0062.0065.0066.0074.0091.0095.00104115125135
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-186.5%-133-46.48-314-23.27-69.94-6.07-92.4447.00-72.6554.00-89.03-18.81-39.75-12.29-27.9522.0038.00113-9.85-45.25-5.85
Cashflow From Investing-9.2%-21.36-19.55-26.57-35.92-36.18-26.22-18.51-5.18-7.05-21.53-12.93-4.85-13.51-7.20-12.36-9.88-16.58-11.7992.00-120-2.98
Cashflow From Financing-125.7%-129505306-93.85362-46.83-10.11253-0.673.0051.00-64.01234-10.3017.007.00-34.48-1008.002.00303

BE Income Statement

2023-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:    
Total revenue[1]$ 400,268$ 292,274$ 976,554$ 736,549
Cost of revenue:    
Total cost of revenue405,482241,330871,151659,638
Gross (loss) profit(5,214)50,944105,40376,911
Operating expenses:    
Research and development35,12636,146122,309112,286
Sales and marketing20,00223,27573,93565,084
General and administrative43,36644,115131,004119,965
Total operating expenses98,494103,536327,248297,335
Loss from operations(103,708)(52,592)(221,845)(220,424)
Interest income7,4191,10913,7711,364
Interest expense(68,037)(13,099)(93,736)(41,000)
Other (expense) income, net(1,577)4,472(3,660)254
Loss on extinguishment of debt(1,415)0(4,288)(4,233)
(Loss) gain on revaluation of embedded derivatives(114)54(1,213)623
Loss before income taxes(167,432)(60,056)(310,971)(263,416)
Income tax provision6463361,083888
Net loss(168,078)(60,392)(312,054)(264,304)
Less: Net gain (loss) attributable to noncontrolling interest921(3,315)(5,427)(9,768)
Net loss attributable to common stockholders(168,999)(57,077)(306,627)(254,536)
Less: Net loss attributable to redeemable noncontrolling interest000(300)
Net loss before portion attributable to redeemable noncontrolling interest and noncontrolling interest$ (168,999)$ (57,077)$ (306,627)$ (254,236)
Net loss per share available to common stockholders, basic (in dollars per share)$ (0.80)$ (0.31)$ (1.47)$ (1.41)
Net loss per share available to common stockholders, diluted (in dollars per share)$ (0.80)$ (0.31)$ (1.47)$ (1.41)
Weighted average shares used to compute net loss per share available to common stockholders, basic (in shares)210,930186,487208,798180,762
Weighted average shares used to compute net loss per share available to common stockholders, diluted (in shares)210,930186,487208,798180,762
Product    
Revenue:    
Total revenue$ 304,976$ 213,243$ 713,427$ 520,415
Cost of revenue:    
Total cost of revenue182,832158,176457,591393,337
Installation    
Revenue:    
Total revenue21,91622,68266,76248,964
Cost of revenue:    
Total cost of revenue25,90228,33377,88157,836
Service    
Revenue:    
Total revenue47,53537,347130,496111,012
Cost of revenue:    
Total cost of revenue57,37041,792165,877124,646
Electricity    
Revenue:    
Total revenue25,84119,00265,86956,158
Cost of revenue:    
Total cost of revenue$ 139,378$ 13,029$ 169,802$ 83,819
[1]Including related party revenue of $125.7 million and $361.0 million for the three and nine months ended September 30, 2023, respectively, and $12.5 million and $30.2 million for the three and nine months ended September 30, 2022, respectively.

BE Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents[1]$ 557,384$ 348,498
Restricted cash, short-term[1]42,61451,515
Accounts receivable less allowance for doubtful accounts of $119 as of September 30, 2023 and December 31, 2022[1],[2]334,495250,995
Contract assets[3]143,87546,727
Inventories[1]475,649268,394
Deferred cost of revenue, current[4]62,21246,191
Prepaid expenses and other current assets[1]66,24343,643
Total current assets1,682,4721,055,963
Property, plant and equipment, net[1]490,535600,414
Operating lease right-of-use assets[1]127,973126,955
Restricted cash, long-term[1]37,698118,353
Deferred cost of revenue4,2864,737
Other long-term assets[1]33,20840,205
Total assets2,376,1721,946,627
Current liabilities:  
Accounts payable[1]153,793161,770
Accrued warranty16,53717,332
Accrued expenses and other current liabilities[1],[5]116,480144,183
Deferred revenue and customer deposits[1],[6]119,157159,048
Operating lease liabilities[1]16,66616,227
Financing obligations39,09317,363
Recourse debt012,716
Non-recourse debt, current[1]013,307
Total current liabilities461,726541,946
Deferred revenue and customer deposits, current[1]14,49956,392
Operating lease liabilities[1]133,602132,363
Financing obligations410,365442,063
Recourse debt840,492273,076
Non-recourse debt, noncurrent[1]1,483112,480
Other long-term liabilities8,8059,491
Total liabilities1,870,9721,567,811
Commitments and contingencies
Stockholders’ equity:  
Common stock: $0.0001 par value; Class A shares - 600,000,000 shares authorized and 223,860,870 shares and 189,864,722 shares issued and outstanding and Class B shares - 600,000,000 shares authorized and 0 shares and 15,799,968 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively2120
Additional paid-in capital4,360,0803,906,491
Accumulated other comprehensive loss(2,378)(1,251)
Accumulated deficit(3,871,110)(3,564,483)
Total equity attributable to common stockholders486,613340,777
Noncontrolling interest18,58738,039
Total stockholders’ equity505,200378,816
Total liabilities and stockholders’ equity$ 2,376,172$ 1,946,627
[1]We have a variable interest entity related to PPA V (see Note 10 - Portfolio Financings) and a joint venture in the Republic of Korea (see Note 16 - SK ecoplant Strategic Investment), which represent a portion of the consolidated balances recorded within these financial statement line items.In August 2023, we sold the PPA V entity as a result of the PPA V Repowering of Energy Servers (see Note 10 - Portfolio Financings), as such the consolidated balances recorded within these financial statement line items as of September 30, 2023 exclude PPA V balances.
[2]Including amounts from related parties of $247.9 million and $4.3 million as of September 30, 2023 and December 31, 2022, respectively.
[3]Including amounts from related parties of $3.4 million as of September 30, 2023. There was no respective related party amounts as of December 31, 2022.
[4]Including amounts from related parties of $23.4 million as of September 30, 2023. There was no respective related party amounts as of December 31, 2022
[5]Including amounts from related parties of $5.7 million as of September 30, 2023. There was no respective related party amounts as of December 31, 2022.
[6]Including amounts from related parties of $11.1 million as of September 30, 2023. There was no respective related party amounts as of December 31, 2022.
BE
Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through an electrochemical process without combustion. It serves to data centers, retailers, hospitals, farming, semiconductors, and other manufacturing sectors. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
 CEO
 WEBSITEwww.bloomenergy.com
 EMPLOYEES2530

Bloom Energy Corp Frequently Asked Questions


What is the ticker symbol for Bloom Energy Corp? What does BE stand for in stocks?

BE is the stock ticker symbol of Bloom Energy Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bloom Energy Corp (BE)?

As of Thu Dec 07 2023, market cap of Bloom Energy Corp is 2.89 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BE stock?

You can check BE's fair value in chart. The fair value of Bloom Energy Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bloom Energy Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bloom Energy Corp a good stock to buy?

The fair value guage provides a quick view whether BE is over valued or under valued. Whether Bloom Energy Corp is cheap or expensive depends on the assumptions which impact Bloom Energy Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BE.

What is Bloom Energy Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, BE's PE ratio (Price to Earnings) is -11.2 and Price to Sales (PS) ratio is 2.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BE PE ratio will change depending on the future growth rate expectations of investors.