Bloom Energy (NYSE:BE) Releases Earnings Results, Beats Estimates By $0.20 EPS

Bloom Energy (NYSE:BE) released its earnings results on Thursday. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.25 by $0.20, FiscalAI reports. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 8.38%. The firm had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. During the same period in the previous year, the company earned $0.43 EPS. Bloom Energy’s revenue for the quarter was up 35.9% on a year-over-year basis. Bloom Energy updated its FY 2026 guidance to 1.330-1.480 EPS.

Here are the key takeaways from Bloom Energy’s conference call:

• Bloom reported a strong FY2025 and raised targets for 2026, finishing 2025 with $2.0B revenue, $271.6M adjusted EBITDA, $2.5B cash, and guiding 2026 revenue to $3.1B–$3.3B with ~32% gross margin and $425M–$475M operating income.
• Backlogs expanded materially — product backlog rose ~140% YoY to about $6B and service backlog is roughly $14B, with product orders 100% attached to service, supporting durable recurring revenue and follow-on opportunity potential.
• Product differentiation centers on native 800 Volts DC capability (all new servers 800V‑ready and existing servers convertible), which management says is a structural advantage for AI data centers that reduces transformers, copper needs and battery reliance.
• Service business continues to scale profitably (eight consecutive profitable quarters, ~20% service gross margin in Q4) and Bloom emphasizes digital/AI-driven stack monitoring and an asset‑light manufacturing model that enables rapid, low‑capex capacity expansion and fast time‑to‑power wins.
• Near‑term margin and working‑capital risks — Q4 non‑GAAP gross margin fell to 31.9% from 39.3% a year earlier and inventory increased to $643M as they prepare for 2026, which could pressure short‑term margins or cash deployment if demand/timing shifts.

Bloom Energy Stock Performance

Shares of BE stock traded up $6.88 on Friday, hitting $143.48. 20,888,471 shares of the stock traded hands, compared to its average volume of 11,797,161. The company has a market capitalization of $33.93 billion, a PE ratio of -377.58, a PEG ratio of 11.04 and a beta of 3.07. The company’s fifty day moving average is $118.48 and its 200 day moving average is $92.40. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.40 and a quick ratio of 2.88. Bloom Energy has a 1-year low of $15.15 and a 1-year high of $176.49.

Trending Headlines about Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Q4 beat: Bloom posted EPS of $0.45 and revenue of $777.7M, both comfortably above estimates — a clear catalyst for upside as the company delivered profitable quarterly results and revenue growth. Read More.
• Positive Sentiment: Very bullish FY2026 guidance: management set revenue guidance of $3.1B–$3.3B and EPS of $1.33–$1.48, well above Street expectations — this raises forward growth expectations and supports re-rating. Read More.
• Positive Sentiment: AI/data-center demand tailwind: management and coverage point to a pronounced AI-driven pickup in on-site power demand and a large backlog (140–150% increase), giving revenue visibility and supporting scale-up plans. Read More.
• Neutral Sentiment: Analyst re-ratings: a mix of upgrades/price-target raises (BTIG to $165 buy; TD Cowen to $160 hold) show growing analyst optimism but also differing conviction on valuation — supports momentum but leaves dispersion in expectations. Read More.
• Neutral Sentiment: Earnings materials available: full press release, slide deck and call transcript provide detail on margins, backlog and unit economics — useful for modeling and verifying management’s assumptions. Read More.
• Negative Sentiment: Margin pressure and execution risk: management noted gross-margin contraction (expected) and service/product mix shifts; margins must improve as the installed base scales for guidance to fully materialize. Read More.
• Negative Sentiment: Short interest and valuation risks: short interest spiked earlier (~10%), and the shares now trade at a very rich forward multiple — both can amplify volatility and create downside if growth or margin execution slips. (See company filings and market data for current short/valuation metrics.)

Insider Buying and Selling at Bloom Energy

In other news, insider Maciej Kurzymski sold 3,264 shares of Bloom Energy stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $86.48, for a total value of $282,270.72. Following the completion of the transaction, the insider directly owned 90,005 shares of the company’s stock, valued at approximately $7,783,632.40. The trade was a 3.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Shawn Marie Soderberg sold 1,583 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $105.97, for a total transaction of $167,750.51. Following the sale, the insider owned 221,633 shares in the company, valued at approximately $23,486,449.01. This trade represents a 0.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,639 shares of company stock valued at $1,496,660 over the last three months. 3.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

Hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after purchasing an additional 836,810 shares during the last quarter. Man Group plc boosted its holdings in shares of Bloom Energy by 177.4% in the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after buying an additional 1,530,167 shares during the period. Northern Trust Corp increased its position in shares of Bloom Energy by 3.8% in the third quarter. Northern Trust Corp now owns 1,927,543 shares of the company’s stock worth $163,012,000 after acquiring an additional 69,941 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Bloom Energy by 80.4% in the 3rd quarter. Raymond James Financial Inc. now owns 1,644,107 shares of the company’s stock valued at $139,042,000 after acquiring an additional 732,800 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in Bloom Energy by 707.7% in the 3rd quarter. Franklin Resources Inc. now owns 1,321,120 shares of the company’s stock worth $111,665,000 after purchasing an additional 1,157,551 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Daiwa Securities Group set a $98.00 price target on shares of Bloom Energy in a research note on Tuesday, December 2nd. HSBC raised shares of Bloom Energy from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Wednesday, October 29th. TD Cowen raised their target price on shares of Bloom Energy to $160.00 and gave the company a “hold” rating in a research note on Friday. Evercore ISI set a $179.00 price objective on shares of Bloom Energy and gave the company an “outperform” rating in a research report on Friday. Finally, China Renaissance began coverage on Bloom Energy in a research note on Wednesday, January 28th. They set a “buy” rating and a $207.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $127.42.

About Bloom Energy

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.