Bloom Energy (BE) closed the most recent trading day at $24.69, moving -2.45% from the previous trading session. This change lagged the S&P 500's daily gain of 0.32%. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq increased by 0.26%.
Prior to today's trading, shares of the developer of fuel cell systems had gained 18.6% outpaced the Oils-Energy sector's loss of 1.13% and the S&P 500's gain of 4.51%.
Market participants will be closely following the financial results of Bloom Energy in its upcoming release. The company plans to announce its earnings on July 31, 2025. The company's earnings per share (EPS) are projected to be $0.01, reflecting a 116.67% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $382.08 million, reflecting a 13.79% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.42 per share and a revenue of $1.75 billion, indicating changes of +50% and +18.45%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Bloom Energy. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 9.09% downward. At present, Bloom Energy boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Bloom Energy is presently being traded at a Forward P/E ratio of 60.74. This valuation marks a premium compared to its industry average Forward P/E of 19.78.
It is also worth noting that BE currently has a PEG ratio of 2.49. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Alternative Energy - Other industry stood at 2.49 at the close of the market yesterday.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 149, this industry ranks in the bottom 40% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Bloom Energy Corporation (BE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
