Core Insights - Bloom Energy (BE) is expected to report a quarterly loss of $0.07 per share, which is a 58.8% increase in loss compared to the same period last year [1] - Revenue is forecasted to be $292.16 million, reflecting a year-over-year increase of 24.2% [1] Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 1.4% over the past 30 days, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions and have a strong correlation with short-term stock price performance [3] Revenue Breakdown - Analysts estimate 'Revenue- Installation' to reach $18.17 million, showing a year-over-year increase of 58.8% [5] - 'Revenue- Service' is expected to be $65.21 million, indicating a year-over-year change of 15.5% [5] - 'Revenue- Electricity' is projected at $13.59 million, suggesting a decline of 3.1% year over year [5] Gross Profit Estimates - 'Revenue- Product' is anticipated to be $194.92 million, reflecting a 27.1% increase from the prior-year quarter [6] - 'Gross profit (loss)- Product' is expected to be $58.59 million, compared to $37.61 million from the same quarter last year [6] - 'Gross profit (loss)- Electricity' is estimated at $3.51 million, down from $4.42 million reported in the same quarter last year [7] Stock Performance - Bloom Energy shares have decreased by 6.9% over the past month, while the Zacks S&P 500 composite has moved down by 4.3% [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]

Core Insights - The focus on artificial intelligence (AI) stocks has primarily been on semiconductor companies like Nvidia, which has experienced price volatility despite its strong position in AI chip design [1] - Conservative investors can consider alternative investments in companies that support AI growth without directly investing in AI stocks [2] Group 1: Challenges in AI - AI technology, while impressive, has limitations such as generating inaccurate information and difficulties in rendering certain images [3] - A significant challenge for AI is its high energy consumption, with electricity demand from data centers projected to increase by 300% over the next decade [5][6] Group 2: Investment Opportunities - Bloom Energy is positioned to meet the urgent power needs of AI and data centers, with a $2.5 billion product backlog and a $9 billion service backlog as of the end of 2024 [9] - Dominion Energy, a regulated utility, is experiencing a surge in demand for data center connections, with requests increasing by 88% in less than six months, which is likely to lead to earnings growth of 5% to 7% annually [11] - Brookfield Renewable focuses on clean energy solutions and has a multi-year, 10.5-gigawatt deal with Microsoft to support AI data centers, indicating strong growth potential in both clean energy and AI [13]

Core Viewpoint - Bloom Energy Corporation experienced significant stock volatility, closing down over 21% in the week ending April 4, 2025, despite a prior 8% increase following a partnership announcement with Conagra Brands Inc. [1][2] Group 1: Partnership and Market Position - Bloom Energy announced a partnership with Conagra Brands to deploy 6 MW of fuel cell technology at two Ohio plants, supplying 70% to 75% of their electricity needs and aligning with Conagra's 2030 greenhouse gas reduction target [2][5] - The company is positioned as a strong player in the energy sector, particularly for data centers, which require substantial electricity, and its portable fuel cells can be deployed quickly to meet urgent demands [5][6] Group 2: Financial Performance - In the fourth quarter of 2024, Bloom Energy reported record revenue of $572.40 million and an operating margin of 18.3%, resulting in earnings per share (EPS) of 43 cents [9] - Despite the revenue growth, analysts project a negative EPS of four cents for the upcoming quarter, raising concerns about the sustainability of earnings [10] Group 3: Analyst Ratings and Stock Forecast - The current stock price forecast for Bloom Energy is $24.29, indicating a potential upside of 37.77%, with a consensus rating of Moderate Buy based on 22 analyst ratings [8][11] - Although the stock has a price target of $25.06, it is not favored by top-rated analysts compared to other investment opportunities, highlighting the need for Bloom Energy to demonstrate a path to sustained profitability [11][12] Group 4: Long-Term Contracts and Backlog - Bloom Energy has established long-term contracts for its fuel cells, typically spanning 10 to 20 years, resulting in a service backlog valued at $9 billion by the end of 2024 [7] - The company benefits from a manufacturing base in the U.S., which positions it favorably in the context of tariffs, although it has faced challenges related to consistent profitability [8]

Group 1: Company Overview - Bloom Energy is strategically positioned to support the development of artificial intelligence (AI) with a current backlog of $2.5 billion in fuel cells to deliver [1][6] - The company has signed a significant deal with American Electric Power (AEP) for 1 gigawatt of fuel cell capacity, with at least 100 megawatts expected to be delivered in 2025 [6] Group 2: Market Demand and Opportunities - The demand for reliable power is critical for AI operations, creating a favorable environment for electric utilities and companies like Bloom Energy that provide flexible power solutions [2][4] - Bloom Energy's fuel cells offer a quick and transportable solution to meet the immediate power needs of AI companies, bridging the gap until traditional utilities can scale up their infrastructure [5][8] Group 3: Financial Backlog and Growth Potential - Bloom Energy has a service backlog totaling $9 billion, driven by long-term service contracts lasting 10 to 20 years for every fuel cell sold, indicating a stable revenue stream [7] - The increasing backlog, supported by AI demand, suggests a positive outlook for Bloom Energy's future earnings and potential for sustainable profits [9][10]

Core Viewpoint - The article compares Excelerate Energy (EE) and Bloom Energy (BE) to determine which stock is more attractive to value investors [1] Group 1: Zacks Rank and Earnings Outlook - Excelerate Energy has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while Bloom Energy has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank emphasizes stocks with recent positive revisions to earnings estimates, suggesting that EE has an improving earnings outlook [3] Group 2: Valuation Metrics - Excelerate Energy has a forward P/E ratio of 17.85, significantly lower than Bloom Energy's forward P/E of 55.90 [5] - EE's PEG ratio is 0.92, while BE's PEG ratio is 1.35, indicating that EE is expected to grow at a more favorable rate relative to its valuation [5] - EE's P/B ratio is 1.49, compared to BE's P/B of 8.32, further highlighting EE's relative undervaluation [6] Group 3: Value Grades - Based on various key metrics, Excelerate Energy earns a Value grade of B, while Bloom Energy receives a Value grade of D [6] - The combination of Zacks Rank and Style Scores indicates that value investors may find EE to be the better investment option at this time [6]

Group 1 - Bloom Energy Corp (NYSE:BE) signed an agreement with American Electric Power (AEP) to provide power solutions to data centers [2] - Since late-November highs, BE has pulled back to its 50% year-to-date level, coinciding with its $5 billion valuation [2] - The pullback aligns with the candle-high following the AEP announcement and its ascending 20-day moving average, indicating potential for a next leg higher in 2025 [3] Group 2 - BE is identified as a contrarian target with relative strength, despite skepticism from analysts, as 11 out of 22 brokerages maintain "hold" ratings [3] - Short interest in BE has reached all-time highs, increasing by 16% in the last 30 days, with bearish bets up 48% in 2024 [4] - 23% of the equity's total available float is now sold short, suggesting ample room for a potential short squeeze [4]

Group 1 - Bloom Energy (BE) is currently outperforming its peers in the Oils-Energy sector, with a year-to-date return of 7.8% compared to the sector average of 3.9% [4] - The Zacks Rank for Bloom Energy is 2 (Buy), indicating strong analyst sentiment and an improving earnings outlook, with a 150.2% increase in the consensus estimate for full-year earnings over the past quarter [3] - Bloom Energy belongs to the Alternative Energy - Other industry, which has an average gain of 1.7% this year, further highlighting its strong performance within this specific area [5] Group 2 - Oil States International (OIS), another stock in the Oils-Energy sector, has also shown solid performance with a year-to-date increase of 4.6% and a Zacks Rank of 2 (Buy) [4][5] - The consensus estimate for Oil States International's current year EPS has risen by 21.4% over the past three months, indicating positive analyst sentiment [5] - The Oil and Gas - Mechanical and Equipment industry, which includes Oil States International, has underperformed with a year-to-date change of -0.3% and a Zacks Industry Rank of 192 [6]

Industry Overview - The global nickel mining industry is projected to reach a revenue of US$83.813 billion by 2030, with a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030 [1] - The growth in end-use industries such as construction, consumer durables, and machinery is driving the demand for stainless steel, which utilizes over two-thirds of the world's nickel [1][2] - The batteries segment is expected to register the fastest CAGR of 7.2% in terms of revenue over the forecast period, as nickel batteries provide cost-effective solutions for higher energy density and storage capabilities [1] Regional Insights - Asia Pacific held the largest revenue share of over 57.0% in 2022, with increased demand from battery manufacturing, automotive, and petrochemicals positively influencing nickel mining activity [2] - Europe is anticipated to register a CAGR of 7.8% over the forecast period, with the EU recognizing nickel as a critical mineral for energy transition and aiming to extract at least 10% of its annual consumption domestically [2] - North America is expected to have the fastest CAGR of 8.1%, driven by the demand for nickel-based products in aerospace and defense, as well as the emphasis on a domestic supply chain for EV batteries [2] Company Developments - First Atlantic Nickel Corp. has launched a research partnership with Colorado School of Mines to explore geologic hydrogen potential in Newfoundland's ophiolite complexes [2][3] - The partnership aims to leverage First Atlantic's exploration data for awaruite nickel deposits while conducting secondary research on geological hydrogen produced during serpentinization [3] - First Hydrogen Corp. has launched a subsidiary, First Nuclear Corp., to advance clean energy through Small Modular Reactors (SMRs), targeting green hydrogen production [8][9] Market Activity - Ballard Power Systems announced a multi-year supply agreement for fuel cell engines totaling approximately 5 MW with Manufacturing Commercial Vehicles, marking continued growth in their relationship [6][7] - Bloom Energy Corporation expanded its collaboration with Equinix, exceeding 100 MW of electricity capacity to support data centers across the U.S. [10][11] - FuelCell Energy and Malaysia Marine and Heavy Engineering signed a Joint Development Agreement to co-develop large-scale hydrogen production systems across Asia, New Zealand, and Australia [12][14]

Company Performance - Bloom Energy (BE) closed at $24.19, down 1.14% from the previous session, underperforming the S&P 500's gain of 0.64% [1] - Over the past month, shares of Bloom Energy have decreased by 3.7%, while the Oils-Energy sector and the S&P 500 have lost 3.15% and 7.69%, respectively [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated, with an expected EPS of -$0.08, reflecting a growth of 52.94% compared to the same quarter last year [2] - Projected revenue for the upcoming quarter is $290.06 million, indicating a 23.27% increase from the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $0.38 per share, representing a growth of 35.71%, with revenue projected at $1.74 billion, up 18.24% from the prior year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Bloom Energy are crucial, as they reflect short-term business trends and analysts' confidence in the company's performance [4] Zacks Rank and Performance - The Zacks Rank system, which incorporates estimate changes, currently ranks Bloom Energy at 2 (Buy), with a historical average annual return of +25% for 1 stocks since 1988 [6] - The Zacks Consensus EPS estimate for Bloom Energy has increased by 200% in the past month [6] Valuation Metrics - Bloom Energy has a Forward P/E ratio of 64.39, significantly higher than the industry average of 18.97 [7] - The company also has a PEG ratio of 1.58, compared to the Alternative Energy - Other industry's average PEG ratio of 2.21 [7] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 64, placing it in the top 26% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing with PricewaterhouseCoopers before transitioning to day trading nearly 20 years ago [2] - Successfully navigated significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]