Company Overview - Bloom Energy is projected to report earnings of $0.14 per share and revenue of $1.47 billion for the annual period, reflecting increases of +240% and +10.07% year-over-year, respectively [1] - The company closed the latest trading day at $14.48, showing no change from the previous session, while the S&P 500 experienced a loss of 0.51% [5] Stock Performance - Over the past month, Bloom Energy's shares have increased by 14.74%, outperforming the Oils-Energy sector, which saw a decline of 11.51%, and the S&P 500's loss of 0.26% [2] - The Zacks Consensus EPS estimate for the upcoming earnings report is -$0.06, indicating a growth of 64.71% compared to the same quarter last year, with expected revenue of $315.64 million, a 4.83% increase year-over-year [6] Analyst Estimates and Valuation - Recent modifications to analyst estimates for Bloom Energy suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Rank for Bloom Energy is currently 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 1.11% over the past month [4] - Bloom Energy has a Forward P/E ratio of 101.61, significantly higher than the industry average of 22.79 [8] - The company has a PEG ratio of 4.06, compared to the industry average PEG ratio of 1.57 [11] Industry Context - Bloom Energy operates within the Alternative Energy - Other industry, which is part of the Oils-Energy sector, currently ranked 186 out of over 250 industries, placing it in the bottom 27% [9] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [12]

There have been concerns that if Trump takes the White House in November, he could repeal the Inflation Reduction Act (IRA). If that were to happen, green energy stocks, including hydrogen stocks, could easily drop. However, that's not likely to happen. In fact, as noted by MSN.com, "Morgan Stanley sees domestic manufacturing, nuclear power, and wind and solar tax credits enjoying bipartisan support, reducing the risk of repeal regardless of administration composition, with no change to the IRA or the pace ...

Bloom Energy (BE) ended the recent trading session at $15.28, demonstrating a +1.33% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 1.39%. Elsewhere, the Dow saw an upswing of 0.6%, while the tech-heavy Nasdaq depreciated by 2.77%. The developer of fuel cell systems's shares have seen an increase of 10.48% over the last month, surpassing the Oils-Energy sector's loss of 7.9% and the S&P 500's gain of 4.43%. Market participants will be closely following the finan ...

"We're proud to partner with Bloom Energy and utilize their industry-leading solid oxide fuel cell technology," said CoreWeave Chief Strategy Officer Brian Venturo. "This partnership will allow us to deliver unmatched performance and reliability to our customers while advancing our sustainability objectives." With today's gains, BE stock is up about 4% so far this year. While this is behind the S&P 500's 18% gains this year, it still represents solid growth for the business. With degrees in economics and jo ...

Industry Overview - The carbon capture and sequestration market is projected to experience steady growth, driven by government and corporate efforts to reduce CO2 emissions and achieve net-zero targets [1] - Innovations in carbon capture technologies, such as Direct Air Capture, are enhancing the efficiency of capturing and storing carbon dioxide, leading to increased interest and funding in this sector [2] - The urgency of the climate crisis is expected to boost investor appetite for carbon capture stocks [3] Company Highlights - **ExxonMobil (XOM)** has developed a comprehensive plan to address carbon emissions through various CCS projects, including a hydrogen production plant that will generate 1 billion cubic feet of "blue" hydrogen daily and store up to 10 million metric tons of CO2 annually [4][5] - ExxonMobil aims to reduce CO2 emissions by at least 30% from its complex and targets net-zero greenhouse gas emissions from operated assets by 2050, capturing approximately 9 million metric tons of CO2 annually, which accounts for about 40% of all human-produced CO2 [5][6] - **Occidental Petroleum (OXY)** is actively involved in CCS projects through its subsidiary 1PointFive, focusing on scaling up Direct Air Capture technologies [7] - The STRATOS DAC facility in Texas can capture 500,000 metric tons of CO2 annually and collaborates with companies like AT&T and Microsoft for carbon removal credits, demonstrating the potential for shareholder value through carbon capture initiatives [8][9] - **Bloom Energy (BE)** utilizes its solid-oxide fuel cell platform for carbon capture and partners with Shell to develop sustainable hydrogen energy solutions aimed at decarbonizing hard-to-electrify sectors [10][11] - Bloom Energy's innovative approach contrasts with traditional companies, highlighting the role of startups in advancing a greener future, making it a noteworthy carbon capture stock [12]

Globally, there seems to be consensus on the point that countries need to achieve net zero emissions by 2050. This is critical from the perspective of slowing down global warming and tackling its consequences. Among the various plans, big investments in the hydrogen economy can support the decarbonization objective. Therefore, it goes without saying that hydrogen stocks are attractive not just for the next few years but a few decades. Some big and emerging companies have committed to invest significantly in ...

Hydrogen stocks continue to hold significant potential for investors. It continues to have the potential to decarbonize various sectors and for that reason hope surrounding hydrogen remains. Overall, it's clear that the hydrogen industry has work to do. However, it is that development which ultimately promises to create 10X opportunities within hydrogen stocks for growth. Bloom Energy (BE) Bloom Energy (NYSE:BE) stock is particularly interesting at the moment due to artificial intelligence. One of the bigge ...

Hydrogen stocks are entering a buy zone, with many undervalued companies poised for significant gains if broader indices like the Nasdaq and S&P 500 receive an expected boost in liquidity. Despite their speculative nature, these hydrogen stocks present a potential for explosive growth. Investors prepared to take on some risk for potential high rewards should consider these opportunities. These potentially millionaire-maker hydrogen stocks deserve attention. This is due to their strong catalysts and the indu ...

"With the proposed rule, the IRS and Treasury strayed far away from the simple definition of clean hydrogen," wrote the senators, as quoted by Cassidy.Senate.gov. "Significant buildout of renewable energy to support hydrogen production will surely face permitting, supply chain, and inflation issues." If loosened, the Biden Administration could get one step closer to cutting emissions, as hoped. Remember, hydrogen – which only produces water vapor and warm air – is key to helping the U.S. achieve its net-zer ...

Heading into today, shares of the developer of fuel cell systems had lost 18.72% over the past month, lagging the Oils-Energy sector's loss of 0.69% and the S&P 500's gain of 2.83% in that time. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.15 per share and revenue of $1.47 billion, which would represent changes of +250% and +10.13%, respectively, from the prior year. Empirical research indicates that these revisions in estimates have a direct correlation with impending stoc ...