Company Performance - Bloom Energy's stock decreased by 2.43% to $88.00, underperforming the S&P 500's daily gain of 0.06% [1] - Over the past month, Bloom Energy's shares increased by 71.95%, significantly outperforming the Oils-Energy sector's gain of 0.54% and the S&P 500's gain of 3.94% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with an expected EPS of $0.07, reflecting an 800% increase compared to the same quarter last year [2] - Revenue is projected at $411.09 million, indicating a 24.42% increase from the same quarter last year [2] Full Year Projections - For the full year, earnings are estimated at $0.48 per share and revenue at $1.77 billion, representing increases of 71.43% and 20.37% respectively from the prior year [3] - Recent analyst estimate revisions suggest confidence in Bloom Energy's business performance and profit potential [3] Analyst Ratings and Valuation - The Zacks Rank system currently rates Bloom Energy as 3 (Hold), with a Forward P/E ratio of 188.55, significantly higher than the industry average of 20.49 [5] - The PEG ratio for Bloom Energy is 6.73, compared to the industry average PEG ratio of 2.5 [6] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 164, placing it in the bottom 34% of over 250 industries [7] - Research indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [7]
Bloom Energy (BE) Stock Dips While Market Gains: Key Facts