Bloom Energy (BE) stock
Industrials · Electrical Components & Equipment
Bloom Energy (BE) is an Electrical Components & Equipment company in the Industrials sector, headquartered in San Jose, California. As of October 23, 2026, BE closed at $193.30, a market capitalization of $57.13 billion, the 211th largest company in the S&P 500. Over the last twelve months it generated $3.83 billion in revenue (+138% year over year) and $624.71 million in free cash flow. The stock trades at 117.2x trailing earnings and 36.4x forward earnings.
- 1-year total return: +90.6% (dividends reinvested)
- 5-year return: +57.1% a year
- 52-week range: $75.70 – $351.28
- Gross margin 31.8%, operating margin 18.5%
- FI Handbook report card: C+ across 10 metrics
- 36th largest of 83 Industrials stocks in the S&P 500
BE price chart
1Y price change: +90.6% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| BE | -29.8% | +122.5% | +90.6% | +158.0% | +57.1% | — | +28.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2018.
BE key statistics
- Market cap
- $57.1B
- #211 in S&P 500
- P/E (TTM)
- 117.2x
- Forward P/E
- 36.4x
- EPS (TTM)
- $1.65
- Revenue (TTM)
- $3.8B
- +138%
- Free cash flow
- $624.7M
- Gross margin
- 31.8%
- Operating margin
- 18.5%
- Return on equity
- 39.6%
- Dividend yield
- None
- 52-week range
- $75.70 – $351.28
- Beta
- 3.78
- Price / sales
- 14.9x
- EV / EBITDA
- 95.3x
- Debt / equity
- 1.42x
- Employees
- 2,214
BE report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth138.1%A
- Gross margin31.8%C
- Operating margin18.5%C
- FCF margin16.3%B
- Return on equity39.6%A
- Net debt / EBITDA0.5xB
- Forward P/E36.4xD
- PEG ratio0.6xA
- Shareholder yield0.0%F
- Share count change / yr11.6%F
Bloom Energy financials
Revenue went from $208.5M in fiscal 2016 to $2.0B in fiscal 2025, growing 28.6% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $208.5M | $365.6M | $575.1M | $724.8M | $731.2M | $906.9M | $1.1B | $1.3B | $1.4B | $2.0B |
| Gross profit | -$103.5M | -$16.3M | $105.8M | $97.6M | $165.8M | $197.6M | $148.3M | $197.8M | $404.6M | $587.4M |
| Operating income | -$241.0M | -$155.1M | -$165.0M | -$232.8M | -$80.8M | -$114.5M | -$261.0M | -$208.9M | $22.9M | $72.8M |
| Net income | -$279.7M | -$276.4M | -$273.5M | -$304.4M | -$157.6M | -$164.4M | -$301.7M | -$302.1M | -$27.2M | -$87.1M |
| EPS (diluted) | — | — | — | $-2.67 | $-1.14 | $-0.95 | $-1.62 | $-1.42 | $-0.13 | $-0.37 |
| Free cash flow | -$291.8M | -$153.4M | -$137.2M | $112.7M | -$136.7M | -$110.5M | -$308.5M | -$456.3M | $33.1M | $57.2M |
| Dividends paid | — | — | — | — | — | — | $0 | $0 | $1.5M | $947.0K |
| Diluted shares | 10.0M | 10.2M | 53.3M | 115.1M | 138.7M | 173.4M | 185.9M | 212.7M | 227.4M | 240.4M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into BE?
A reverse DCF asks what growth the current price requires. With an enterprise value of $57.4B and $624.7M of trailing free cash flow, Bloom Energy needs to grow free cash flow about 51.8% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
BE analyst price targets
26 analysts' average 12-month target is $284.77 (+47% vs. $193.30). Targets range from $102.00 to $380.00. 52% rate it a buy.
BE earnings
Next report: February 4, 2027. Bloom Energy has beaten EPS estimates 8 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 22, 2026 | $0.68 | $0.94 | +39.1% |
| Jul 28, 2026 | $0.41 | $0.78 | +91.8% |
| Apr 28, 2026 | $0.13 | $0.44 | +242.4% |
| Feb 5, 2026 | $0.30 | $0.45 | +50.4% |
| Oct 28, 2025 | $0.10 | $0.15 | +47.0% |
| Jul 31, 2025 | $0.02 | $0.10 | +457.1% |
| Apr 30, 2025 | $-0.06 | $0.03 | +147.4% |
| Feb 27, 2025 | $0.31 | $0.43 | +39.9% |
Stocks like BE
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 ETN Eaton | -0.78% | -1% | $142.2B | 37.2x | Compare |
 EMR Emerson Electric | +0.81% | +23% | $90.1B | 35.4x | Compare |
 VRT Vertiv Holdings, LLC | -0.65% | +6% | $74.8B | 44.0x | Compare |
 AME AMETEK | +0.51% | +28% | $55.0B | 35.1x | Compare |
 ROK Rockwell Automation | +0.53% | +21% | $47.4B | 39.9x | Compare |
 CAT Caterpillar | -2.42% | +33% | $315.8B | 29.6x | Compare |
 GE GE Aerospace | -2.69% | -6% | $296.4B | 32.6x | Compare |
 RTX RTX | -1.90% | +8% | $257.8B | 31.1x | Compare |
BE news
- Where Will Bloom Energy Stock Be in 5 Years? · Oct 25, 2026
- Bloom Energy Raised Its 2026 Forecast for the Third Time. Is the Stock a Buy More Than a Third Below Its Record? · Oct 24, 2026
- Bloom Energy Stock Fell 30% in Under a Month While Estimates Rose. Here’s Where It Could Go by 2030 · Oct 24, 2026
- I'm Calling It: Bloom Energy Will Be the Biggest Winner of the AI Power Crunch for 1 Reason · Oct 24, 2026
- BE Stock Sees Worst Single-Day Fall In 3 Months — Jefferies Trims Price Target, Flags Lack Of Updates On Its Largest Opportunity With Oracle · Oct 24, 2026
BE stock FAQ
What is BE's market cap?
Bloom Energy's market capitalization is $57.13 billion as of October 23, 2026, ranking 211th in the S&P 500.
What is BE's P/E ratio?
BE trades at a trailing price-to-earnings ratio of 117.2x and a forward P/E of 36.4x.
Does BE pay a dividend?
No. Bloom Energy does not currently pay a regular cash dividend.
How much has BE stock returned?
Including reinvested dividends, BE returned +90.6% over one year, +57.1% a year over five years through October 23, 2026.
Is BE stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Bloom Energy must grow free cash flow about 52% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the BE price target?
26 analysts cover BE with an average 12-month price target of $284.77, +47% from the current price. 52% of them rate it a buy.
When does BE report earnings?
Bloom Energy is expected to report earnings on February 4, 2027. It has beaten EPS estimates 8 quarters in a row.
How many employees does Bloom Energy have?
Bloom Energy has about 2,214 full-time employees, or $1.7 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology