Blue Energy Future Growth

Future criteria checks 2/6

Blue Energy is forecast to grow earnings and revenue by 33.8% and 128.7% per annum respectively.

Key information

33.8%

Earnings growth rate

n/a

EPS growth rate

Oil and Gas earnings growth	12.2%
Revenue growth rate	128.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	13 May 2026

Recent future growth updates

Recent updates

Analysis Article • Mar 02

Here's Why We're Not Too Worried About Blue Energy's (ASX:BLU) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, Blue Energy ( ASX:BLU...

Earnings and Revenue Growth Forecasts

ASX:BLU - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2028	2	0	N/A	0	1
6/30/2027	0	-2	N/A	-2	1
6/30/2026	0	-1	N/A	-2	1
12/31/2025	N/A	-1	-3	-1	N/A
9/30/2025	N/A	-1	-4	-1	N/A
6/30/2025	N/A	-1	-4	-2	N/A
3/31/2025	N/A	-1	-4	-2	N/A
12/31/2024	N/A	-1	-5	-2	N/A
9/30/2024	N/A	-8	-5	-2	N/A
6/30/2024	N/A	-14	-5	-2	N/A
3/31/2024	N/A	-14	-6	-2	N/A
12/31/2023	N/A	-14	-7	-2	N/A
9/30/2023	N/A	-8	-15	-2	N/A
6/30/2023	N/A	-2	-24	-2	N/A
3/31/2023	N/A	-2	-23	-2	N/A
12/31/2022	N/A	-2	-22	-2	N/A
9/30/2022	N/A	-2	-13	-2	N/A
6/30/2022	N/A	-1	-5	-2	N/A
3/31/2022	N/A	-1	-4	-1	N/A
12/31/2021	N/A	-1	-3	-1	N/A
9/30/2021	N/A	-1	-3	-1	N/A
6/30/2021	N/A	-1	-2	-1	N/A
3/31/2021	N/A	-1	-2	-1	N/A
12/31/2020	N/A	-1	-2	-1	N/A
9/30/2020	N/A	-3	-2	-1	N/A
6/30/2020	N/A	-5	-2	-1	N/A
3/31/2020	N/A	-5	-2	-1	N/A
12/31/2019	N/A	-6	-2	-1	N/A
9/30/2019	N/A	-6	N/A	-1	N/A
6/30/2019	N/A	-6	N/A	-1	N/A
3/31/2019	N/A	-6	N/A	-1	N/A
12/31/2018	N/A	-6	N/A	-1	N/A
9/30/2018	N/A	-4	N/A	-1	N/A
6/30/2018	N/A	-2	N/A	-1	N/A
3/31/2018	N/A	-2	N/A	-1	N/A
12/31/2017	N/A	-2	N/A	-1	N/A
9/30/2017	N/A	-2	N/A	-1	N/A
6/30/2017	N/A	-1	N/A	-1	N/A
3/31/2017	N/A	-2	N/A	-1	N/A
12/31/2016	N/A	-2	N/A	-2	N/A
9/30/2016	N/A	-2	N/A	-1	N/A
6/30/2016	N/A	-2	N/A	0	N/A
3/31/2016	0	-1	N/A	1	N/A
12/31/2015	0	-1	N/A	1	N/A
9/30/2015	0	-1	N/A	0	N/A
6/30/2015	0	-2	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLU is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BLU is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BLU is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BLU's revenue (128.7% per year) is forecast to grow faster than the Australian market (6.2% per year).

High Growth Revenue: BLU's revenue (128.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if BLU's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/26 13:18
End of Day Share Price	2026/05/26 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Blue Energy Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Young	Canaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.
James Redfern	Canaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.
Stuart Baker	MST Financial Services Pty Limited

Blue Energy Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Forecast to breakeven in 2027

Price target decreased by 41% to AU$0.10

Price target decreased by 41% to AU$0.10

Recent updates

New major risk - Shareholder dilution

New major risk - Revenue and earnings growth

Blue Energy Limited, Annual General Meeting, Oct 14, 2025

Blue Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 0.25 million.

Forecast to breakeven in 2027

Blue Energy Limited, Annual General Meeting, Nov 12, 2024

Price target decreased by 41% to AU$0.10

Less than half of directors are independent

Price target decreased by 41% to AU$0.10

New major risk - Revenue and earnings growth

Less than half of directors are independent

Blue Energy Limited Announces Resignation of Darren Greer from the Board

Blue Energy Limited Provides Sapphire Pilot Operations Update

New major risk - Share price stability

Blue Energy Limited Appoints John McCreery as Non-Executive Director, Effective 1 December 2023

Blue Energy Limited, Annual General Meeting, Nov 14, 2023

New major risk - Financial data availability

Less than half of directors are independent

Blue Energy Limited Announces Board Changes

We're Not Very Worried About Blue Energy's (ASX:BLU) Cash Burn Rate

Blue Energy Limited Announces Sapphire Production Testing Update

Blue Energy Completes the Drilling Phase of the Sapphire Pilot Campaign Production Testing to Commence Shortly

Blue Energy Limited Reports on the Operations At the Sapphire 5 Pilot Wells in the Sapphire Block of ATP 814 (PLA 1034)

Blue Energy (ASX:BLU) Is In A Good Position To Deliver On Growth Plans

Blue Energy Limited Reports Operation Updates on Sapphire Pilot Drilling Programme in ATP 814

Blue Energy Limited Reports Operations on Sapphire 5L3 Lateral Well

Blue Energy Limited, Annual General Meeting, Nov 15, 2022

Blue Energy Limited Provides an Update on Sapphire 5L2 Lateral Well

Blue Energy Limited Reports Operations on the Sapphire 5L1 Lateral Well

Blue Energy Limited Commences Drilling Horizontal Sections in the Sapphire 5 L Pilot Wells in the North Bowen Drilling Campaign

Blue Energy Announces Operational Update North Bowen Drilling Campaign

Blue Energy Limited Reports the Batch Drilling Process on the Sapphire 5L Lateral Well-Set in ATP 814

Blue Energy Limited Provides Operational Update on Sapphire 6V Vertical Well in ATP 814

Blue Energy Limited Provides Operational Update

Blue Energy Limited Announces Sapphire 5V (Vertical) Reaches Total Depth and Intersects 45 Metres of Net Coal

Blue Energy Limited Announces Gas Reserves & Resources Upgrade for Sapphire Block ATP814

Companies Like Blue Energy (ASX:BLU) Are In A Position To Invest In Growth

Blue Energy Limited Announces Operational Update North Bowen Drilling Campaign

Blue Energy Limited on Schedule to Spud First Well in North Bowen Pilot Well Drilling Program

Blue Energy Limited Announces Civil Works Completion for Northern Bowen Drilling Program

Blue Energy (ASX:BLU) Is In A Good Position To Deliver On Growth Plans

We Think Blue Energy (ASX:BLU) Needs To Drive Business Growth Carefully

Blue Energy Limited announced that it expects to receive AUD 9.966619 million in funding

Companies Like Blue Energy (ASX:BLU) Are In A Position To Invest In Growth

We Think Blue Energy (ASX:BLU) Can Afford To Drive Business Growth

Blue Energy Limited Announces Board Changes

Here's Why We're Not Too Worried About Blue Energy's (ASX:BLU) Cash Burn Situation

Blue Energy Limited Announces Director Changes

Blue Energy Limited Auditor Raises 'Going Concern' Doubt

Blue Energy Has Gas Assets in Bowen, Galilee and Beetaloo Basin's as the Federal Government Targets Fast Tracked Domestic Gas Supply

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources