
Bloom Energy (BE) Stock Forecast & Price Target
Bloom Energy (BE) Analyst Ratings
Bulls say
Bloom Energy's strong financial outlook is driven by significant growth in Energy Server sales, with recent quarterly revenue of approximately $519 million surpassing consensus estimates by 21%. The company is also ramping up its electrolyzer sales, which is expected to positively impact operating margins, projected to reach positive territory in 2024. Additionally, management's focus on cost efficiency has resulted in improved non-GAAP gross margins, increasing by about 510 basis points year-over-year to approximately 30%, along with a revenue increase forecasted at 12% to around $2.2 billion and EBITDA expected to grow by 24% to approximately $388 million.
Bears say
The financial outlook for Bloom Energy appears negative due to significant concerns regarding the company's projected growth and demand for its products. Specifically, there is a forecasted decline in revenue growth, slowing from approximately 22% through 2030 to 20% through 2040 as U.S. power demand is expected to plateau. Furthermore, multiple risks, including potential failures in commercialization, increased competition, supply chain constraints, and dependence on key customers, could further hamper Bloom Energy's financial performance and ability to meet expectations.
This aggregate rating is based on analysts' research of Bloom Energy and is not a guaranteed prediction by Public.com or investment advice.
Bloom Energy (BE) Analyst Forecast & Price Prediction
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