Here's Why Bloom Energy (BE) Fell More Than Broader Market
Bloom EnergyBloom Energy(US:BE) ZACKS·2026-03-20 23:15

Company Performance - Bloom Energy (BE) closed at $150.12, reflecting a -9.94% change from the previous day, underperforming the S&P 500's loss of 1.51% and the Dow's loss of 0.97% [1] - Over the last month, Bloom Energy's shares increased by 4.84%, which is below the Oils-Energy sector's gain of 9.4% and better than the S&P 500's loss of 3.63% [1] Upcoming Earnings - The upcoming earnings per share (EPS) for Bloom Energy is projected at $0.09, indicating a 200.00% increase compared to the same quarter last year [2] - Quarterly revenue is expected to reach $498.11 million, up 52.79% from the year-ago period [2] Annual Estimates - For the annual period, Zacks Consensus Estimates predict earnings of $1.38 per share and revenue of $3.25 billion, representing increases of +81.58% and +60.51% respectively from the previous year [3] - Recent changes in analyst estimates reflect confidence in Bloom Energy's business performance and profit potential [3] Analyst Ratings - The Zacks Rank system, which assesses estimate revisions, currently ranks Bloom Energy at 3 (Hold) [5] - The consensus EPS projection has remained stagnant over the past 30 days [5] Valuation Metrics - Bloom Energy has a Forward P/E ratio of 120.79, significantly higher than the industry average of 18.86 [6] - The company also has a PEG ratio of 4.83, compared to the Alternative Energy - Other industry's average PEG ratio of 2 [7] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 144, placing it in the bottom 42% of over 250 industries [8] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [8]