Bloom Energy (BE) Advances While Market Declines: Some Information for Investors

Group 1 - Bloom Energy's stock increased by 1.16% to $21.75, outperforming the S&P 500 which fell by 0.22% [1] - Prior to the latest trading session, Bloom Energy shares had risen by 17.04%, significantly exceeding the Oils-Energy sector's gain of 5.72% and the S&P 500's gain of 0.45% [1] Group 2 - The upcoming earnings release is expected to show an EPS of $0.01, reflecting a growth of 116.67% year-over-year, with anticipated revenue of $385.61 million, a 14.84% increase from the same quarter last year [2] - Full-year estimates predict earnings of $0.42 per share and revenue of $1.75 billion, indicating year-over-year changes of +50% and +18.95% respectively [3] Group 3 - Recent analyst estimate revisions for Bloom Energy are seen as positive indicators for the business outlook, as they correlate with stock price performance [4][5] - The Zacks Rank system, which evaluates estimate changes, currently ranks Bloom Energy at 3 (Hold) [5] Group 4 - Bloom Energy's Forward P/E ratio stands at 50.79, significantly higher than the industry average of 19.74, with a PEG ratio of 2.09, matching the industry average [6] - The Alternative Energy - Other industry, which includes Bloom Energy, has a Zacks Industry Rank of 176, placing it in the bottom 29% of over 250 industries [7]