Here's Why Bloom Energy (BE) Gained But Lagged the Market Today

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.14 per share and a revenue of$1.47 billion, indicating changes of +240% and +10.07%, respectively, from the former year. In terms of valuation, Bloom Energy is currently trading at a Forward P/E ratio of 101.61. For comparison, its industry has an average Forward P/E of 23.38, which means Bloom Energy is trading at a premium to the group. The developer of fuel cell systems's shares have seen an increase of 11.04% over ...