Bloom Energy Corporation (NYSE:BE) shares are trading higher Friday after the company reported better-than-expected fourth-quarter financial results and issued fiscal-year 2026 guidance above estimates on Thursday after the market closed.
Fourth-Quarter Results And Operating Metrics
Bloom posted adjusted earnings per share of 45 cents, beating the consensus estimate of 31 cents. In addition, the company reported revenue of $777.68 million, beating the consensus estimate $652.09 million.
Fourth-quarter revenue increased 35.9% year over year, driven by higher product and service revenue. Product and service revenue totaled $700.2 million, up 33.2% from the prior-year quarter.
Gross margin was 30.8% in the quarter, while non-GAAP gross margin came in at 31.9%. Service gross margin improved to 16.9%, compared with a loss in the same period last year. Operating income totaled $87.5 million, while non-GAAP operating income was $133.0 million.
Bloom generated $418.1 million in cash flow from operating activities during the fourth quarter.
Management said results reflected progress in reducing product costs, improving operating leverage, and executing with discipline as demand continues across its markets.
Technical Analysis Of Bloom
Currently, Bloom is trading 6.3% above its 20-day simple moving average (SMA) and 41.5% above its 100-day SMA, demonstrating robust short-term strength. Over the past 12 months, shares have skyrocketed by 451.25%, and they are positioned closer to their 52-week highs than lows, indicating a strong bullish trend.
The RSI stands at 49.75, which is considered neutral territory, while the MACD is below its signal line, indicating some bearish pressure on the stock. This combination suggests that while the stock is not overbought, there are underlying pressures that traders should monitor.
The combination of neutral RSI and bearish MACD indicates mixed momentum, suggesting that traders should be cautious while assessing the stock’s next moves.
- Key Resistance: $176.50
- Key Support: $136.50
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Bloom Energy, highlighting its strengths and weaknesses compared to the broader market:
- Value: Weak (Score: 1.4) — Trading at a steep premium relative to peers.
- Growth: Strong (Score: 97.8) — Indicates high growth potential.
- Momentum: Strong (Score: 99.6) — Stock is outperforming the broader market.
The Verdict: Bloom’s Benzinga Edge signal reveals a strong growth and momentum outlook, but the weak value score indicates that the stock is trading at a premium. Investors should consider the high growth potential while being cautious of the valuation concerns.
Bloom Shares Soar Higher
BE Price Action: At the time of publication, Bloom shares are trading 6.15% higher at $145.00, according to data from Benzinga Pro.
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