Evercore ISI Group has initiated coverage on Bloom Energy Corp (BE) with an Outperform rating, marking its first assessment of the company. This decision reflects the firm’s analysis of Bloom's business, industry dynamics, and growth prospects.
Bloom Energy, headquartered in San Jose, California, specializes in manufacturing and installing solid oxide fuel-cell based power generation systems. The company, which employs 2,127 full-time staff, went public on July 25, 2018. It provides distributed energy technology solutions, including the Bloom Energy Server for electricity generation and the Bloom Electrolyzer for hydrogen production. With approximately 1.4 gigawatts of Energy Server systems deployed across more than 1,000 locations and nine countries, Bloom's technology is designed to deliver reliable, clean, and affordable energy.
As of October 6, 2025, Bloom Energy's stock price stands at $81.44, with a market cap of $24.1 billion. The company reported a trailing twelve-month price-to-earnings ratio of 1,580.05 and earnings per share of $0.07. Upcoming earnings are scheduled for July 29, 2026, with an estimated EPS of $0.16 and revenue of $560.5 million.
Analyst ratings like this one can provide valuable insights but are based on assumptions that may not always hold true. Investors should consider various factors, including company fundamentals and market conditions, when making decisions. Ratings can evolve as new information emerges, and different analysts may hold differing views on the same stock.