Buy Or Sell Opportunity • Jun 26
Now 25% undervalued Over the last 90 days, the stock has risen 107% to €240. The fair value is estimated to be €320, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 32% per annum. Earnings are also forecast to grow by 45% per annum over the same time period. Buy Or Sell Opportunity • Jun 05
Now 21% undervalued Over the last 90 days, the stock has risen 90% to €224. The fair value is estimated to be €283, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 32% per annum. Earnings are also forecast to grow by 45% per annum over the same time period. Announcement • Apr 29
Bloom Energy Corporation Raises Earnings Guidance for the Full Year 2026 Bloom Energy Corporation raised earnings guidance for the full year 2026. For the year, the company now expects revenue in the range of $3.4 billion - $3.8 billion. Announcement • Apr 15
Bloom Energy Corporation to Report Q1, 2026 Results on Apr 28, 2026 Bloom Energy Corporation announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Announcement • Mar 30
Bloom Energy Corporation, Annual General Meeting, May 21, 2026 Bloom Energy Corporation, Annual General Meeting, May 21, 2026. Announcement • Mar 27
Bloom Energy Appoints Simon Edwards as Chief Financial Officer, Effective April 13, 2026 Bloom Energy announced the appointment of Simon Edwards as Chief Financial Officer, effective April 13, 2026. A seasoned finance executive with nearly two decades of experience scaling technology companies, Edwards brings a rare combination of operational rigor, systems leadership, and deep exposure to digital infrastructure that aligns with Bloom’s strength, market focus and strategy – to be a solution for power availability as it becomes the defining constraint on the AI industry and its growth. Edwards joins Bloom from AI-inference leader Groq, where he most recently served as CEO after initially joining as CFO. At Groq, he led the global financial operations and guided the company through a period of rapid expansion, infrastructure build-out, and its recent licensing agreement with Nvidia. His prior leadership roles include CFO positions at Conga and ServiceMax, two leading SaaS businesses, where he led finance, corporate development, and revenue operations teams through phases of transformational growth and sustained margin expansion. Earlier in his career, Edwards held senior financial roles at GE, including CFO of GE Digital and as an executive in the company’s Corporate Audit Staff, giving him strong grounding in manufacturing, service, digital transformation, and data-driven operational excellence. Edwards is joining Bloom at a time when companies across sectors – from data centers to manufacturing to healthcare – are turning to onsite power for faster access to resilient, reliable, and cost-effective electricity. Edwards holds a BS in Computing for Real Time Systems from the University of the West of England and an MBA from the Wharton School of the University of Pennsylvania. Announcement • Feb 06
Bloom Energy Corporation Provides Earnings Guidance for the Full Year 2026 Bloom Energy Corporation provided earnings guidance for the full year 2026. For the period, the company expects Revenue to be $3.1 billion - $3.3 billion. Announcement • Jan 21
Bloom Energy Corporation to Report Q4, 2025 Results on Feb 05, 2026 Bloom Energy Corporation announced that they will report Q4, 2025 results After-Market on Feb 05, 2026 Announcement • Oct 10
Bloom Energy Corporation to Report Q3, 2025 Results on Oct 28, 2025 Bloom Energy Corporation announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 28, 2025 Buy Or Sell Opportunity • Aug 29
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 198% to €47.42. The fair value is estimated to be €36.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 53% per annum over the same time period. Announcement • Aug 22
Bloom Energy Appoints Aaron Hoover as Head of Business and Corporate Development Bloom Energy announced that Aaron Hoover will join the company to head business and corporate development. In this role, he will develop and oversee strategic partnerships with energy ecosystem players and drive corporate development initiatives as Bloom advances its mission to deliver reliable, clean, and affordable energy. Mr. Hoover brings more than two decades of leadership experience in the energy and finance sectors. Most recently, he served as Global Co-Head of Energy Investment Banking at Morgan Stanley, where he advised leading energy and infrastructure companies on strategic transactions, capital raising, and long-term growth initiatives. His deep expertise across the energy value chain and proven track record of building transformative and trusted partnerships will be a tremendous asset to Bloom’s next phase of growth and market expansion. Mr. Hoover has been recognized by Business Insider as one of the “20 Powerhouse Bankers.” Based in Houston, he will leverage his long-standing relationships across the energy sector to expand Bloom’s partnerships and market presence. Announcement • Aug 07
Bloom Energy Corporation Appoints Jim Hagemann Snabe to the Board of Directors and Member of Nominating, Governance, and Public Policy Committee and Compensation and Organizational Development Committee, Effective August 6, 2025 On August 6, 2025, the Board of Directors of Bloom Energy Corporation increased the authorized number of directors constituting the Board from nine to ten directors. Mr. Jim Hagemann Snabe was appointed to serve as a Class II director of Bloom Energy effective August 6, 2025 to hold office until the 2026 annual meeting of stockholders and until his successor shall have been duly elected and qualified. Snabe was also appointed to serve as a member of the company’s Nominating, Governance, and Public Policy Committee and Compensation and Organizational Development Committee. Previously, Mr. Snabe was the Co-Chief Executive Officer of SAP AG from February 2010 to May 2014. Mr. Snabe is the current Chairman of the Supervisory Board at Siemens AG. He also serves on the Board of Directors at C3.ai Inc. and Temasek Holdings and is a member of the Board of Trustees of the World Economic Forum in Switzerland. He was previously Vice Chair of Allianz SE and Chair of A.P. Møller - Mærsk, where he advanced digital transformation and sustainability initiatives. Jim serves on the Board of Temasek and the Board of Trustees at the World Economic Forum and is an advisor to Deutsche Bank. Mr. Snabe also serves on the Board of Directors at C3 AI. Announcement • Jul 11
Bloom Energy Corporation to Report Q2, 2025 Results on Jul 31, 2025 Bloom Energy Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Announcement • May 01
Bloom Energy Corporation Reaffirms Earnings Guidance for the Full Year 2025 Bloom Energy Corporation reaffirmed earnings guidance for the full year 2025. For the period, the company expects Revenue to be $1.65 billion - $1.85 billion. Announcement • Apr 10
Bloom Energy Corporation to Report Q1, 2025 Results on Apr 30, 2025 Bloom Energy Corporation announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Announcement • Mar 21
Bloom Energy Corporation, Annual General Meeting, May 14, 2025 Bloom Energy Corporation, Annual General Meeting, May 14, 2025. Announcement • Jan 31
Bloom Energy Corporation to Report Q4, 2024 Results on Feb 27, 2025 Bloom Energy Corporation announced that they will report Q4, 2024 results on Feb 27, 2025 New Risk • Nov 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • Nov 09
Third quarter 2024 earnings released: US$0.065 loss per share (vs US$0.76 loss in 3Q 2023) Third quarter 2024 results: US$0.065 loss per share (improved from US$0.76 loss in 3Q 2023). Revenue: US$330.4m (down 18% from 3Q 2023). Net loss: US$14.7m (loss narrowed 91% from 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Bloom Energy Corporation Reaffirms Revenue Guidance for the Full Year 2024 Bloom Energy Corporation reaffirmed revenue guidance for the full year 2024. For the year, the company expects Revenue to be
$1.4 billion- $1.6 billion. Announcement • Oct 25
Bloom Energy Corporation to Report Q3, 2024 Results on Nov 07, 2024 Bloom Energy Corporation announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Buy Or Sell Opportunity • Oct 03
Now 28% overvalued Over the last 90 days, the stock has fallen 12% to €9.63. The fair value is estimated to be €7.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 20% in a year. Earnings are forecast to grow by 89% in the next year. Buy Or Sell Opportunity • Aug 10
Now 37% overvalued Over the last 90 days, the stock has fallen 8.9% to €10.58. The fair value is estimated to be €7.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 22% in a year. Earnings are forecast to grow by 90% in the next year. Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.27 loss per share (vs US$0.32 loss in 2Q 2023) Second quarter 2024 results: US$0.27 loss per share (improved from US$0.32 loss in 2Q 2023). Revenue: US$335.8m (up 12% from 2Q 2023). Net loss: US$61.8m (loss narrowed 6.5% from 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Aug 09
Bloom Energy Corporation Reaffirms Earnings Guidance for the Full Year of 2024 Bloom Energy Corporation reaffirmed earnings guidance for the full year of 2024. For the year, the company expects revenue to be in the range of $1.4 billion to $1.6 billion. Announcement • Aug 06
Bloom Energy Announces Hydrogen Solid Oxide Fuel Cell with 60% Electrical Efficiency and 90% High Temperature Combined Heat and Power Efficiency Bloom Energy is now offering the Bloom Energy Server power solution with approximately 60% electrical efficiency while using 100% hydrogen. Bloom engineers achieved the milestone efficiency at the company's research and development facility in Fremont, California. Carbon-free hydrogen fuel cell for electricity production enables 24 X 7 clean power in conjunction with other renewable electricity sources. This is in contrast to other fuel cell technologies which can only provide low temperature heat. Customers can use this high temperature heat in numerous applications, including running absorption chillers, industrial processes, and building heating. When fully utilized, this allows for a combined 90% efficiency, creating an additional value stream for the customer and accelerating the adoption of hydrogen. Announcement • Jun 14
Bloom Energy Corporation Appoints Gary S. Pinkus as Class I Director, Effective June 15, 2024 On June 10, 2024, the Board of Directors of Bloom Energy Corporation increased the authorized number of directors constituting the Board from seven to eight directors. Gary S. Pinkus was appointed to serve as a Class I director of Bloom Energy effective June 15, 2024 to hold office until the 2025 annual meeting of stockholders and until his successor shall have been duly elected and qualified. Mr. Pinkus was also appointed to serve as a member of the Company’s Compensation and Organizational Development Committee. Mr. Pinkus is Chairman of North America at McKinsey & Company. Buy Or Sell Opportunity • Jun 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 53% to €14.25. The fair value is estimated to be €11.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 21% in a year. Earnings are forecast to grow by 89% in the next year. Buy Or Sell Opportunity • May 22
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 64% to €14.00. The fair value is estimated to be €11.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 21% in a year. Earnings are forecast to grow by 90% in the next year. Recent Insider Transactions • May 20
Independent Director recently sold €333k worth of stock On the 15th of May, Eddie Zervigon sold around 28k shares on-market at roughly €11.83 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €607k more than they bought in the last 12 months. Reported Earnings • May 10
First quarter 2024 earnings released: US$0.26 loss per share (vs US$0.35 loss in 1Q 2023) First quarter 2024 results: US$0.26 loss per share (improved from US$0.35 loss in 1Q 2023). Revenue: US$235.3m (down 14% from 1Q 2023). Net loss: US$57.5m (loss narrowed 20% from 1Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Apr 28
Bloom Energy Corporation to Report Q1, 2024 Results on May 09, 2024 Bloom Energy Corporation announced that they will report Q1, 2024 results After-Market on May 09, 2024 Announcement • Apr 24
Potter Handy Law Firm Files Lawsuit Against Bloom Energy for Unlawful Business Practices On March 19, Potter Handy LLP filed a class-action lawsuit on behalf of plaintiff Adonis Nabong and other similarly situated employees against Bloom Energy Corporation for engaging in unfair competition and violating labor codes in the state of California. The lawsuit, Nabong v. Bloom Energy, seeks monetary relief for unpaid wages and interest from March 5, 2020, to the present day, as well as disgorgement of all profits gained by the company through its unlawful and fraudulent actions. The complaint alleges that Bloom Energy used credit checks to discriminate against employees and wrongfully terminated them, in violation of California labor codes §§ 432.3, 1024.5, and 1102.5. The lawsuit also demands an injunction to prohibit Bloom Energy from further unlawful conduct and calls for the creation of an administrative process for employees to claim their rightful wages. Additionally, the plaintiff seeks restitution for all aggrieved employees and a declaration by the court that Bloom Energy has violated California's Unfair Competition Law. Announcement • Apr 17
Bloom Energy Appoints Daniel Berenbaum as Chief Financial Officer, Effective April 29, 2024 Bloom Energy Inc. announced the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition. Berenbaum’s financial and operational career spans more than three decades. A Naval Academy graduate, he most recently served as Executive Vice President and Chief Financial Officer at National Instruments. Prior to National Instruments, Berenbaum held executive finance positions in several other high-tech companies, including Vice President, Finance, Global Operations Controller for Micron Technology; Chief Financial Officer at Everspin Technologies; and APAC CFO at GlobalFoundries. Prior to these roles, he spent ten years on Wall Street as an analyst covering technology stocks. Earlier in his career, Berenbaum spent seven years in various technical and management roles at Applied Materials, and five years as a nuclear-power-trained surface line officer in the United States Navy. Announcement • Mar 27
Bloom Energy Corporation, Annual General Meeting, May 07, 2024 Bloom Energy Corporation, Annual General Meeting, May 07, 2024, at 09:00 Pacific Standard Time. Agenda: To consider the election of Class III Directors For nominees Michael Boskin, John Chambers and Cynthia (CJ) Warner; to consider and approve, on an advisory basis, the compensation of named executive officers; to ratify the appointment of Deloitte & Touche LLP as an independent registered public accounting firm for the fiscal year ending December 31, 2024; and to approve an amendment to the restated certificate of incorporation to add officer exculpation provisions and eliminate outdated references to Class B common stock. Buy Or Sell Opportunity • Mar 21
Now 22% overvalued Over the last 90 days, the stock has fallen 31% to €9.24. The fair value is estimated to be €7.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 82% in the next year. Buy Or Sell Opportunity • Mar 07
Now 20% overvalued Over the last 90 days, the stock has fallen 31% to €8.85. The fair value is estimated to be €7.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 77% in the next year. Reported Earnings • Feb 16
Full year 2023 earnings released: US$1.42 loss per share (vs US$1.62 loss in FY 2022) Full year 2023 results: US$1.42 loss per share. Revenue: US$1.33b (up 11% from FY 2022). Net loss: US$302.1m (flat on FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany. Announcement • Feb 01
Bloom Energy Corporation to Report Q4, 2023 Results on Feb 15, 2024 Bloom Energy Corporation announced that they will report Q4, 2023 results After-Market on Feb 15, 2024 Announcement • Jan 10
Bloom Energy Corporation Announces Management Changes On January 9, 2024, Bloom Energy Corporation announced that Aman Joshi has been appointed to serve as the company’s Executive Vice-President, Chief Commercial Officer, effective January 5, 2024. Mr. Joshi, age 47, joins Bloom from the General Electric Company’s GE Vernova business unit, where he served as General Manager of the Aeroderivative Gas Turbine units business since 2018. Between 2013 and 2018, Mr. Joshi served in CFO roles within GE Vernova. During his 22 years with GE, Mr. Joshi has worked in multiple business segments, including Corporate, Aviation, Global Growth Organization and GE Power in various leadership roles. Mr. Joshi is a seasoned power generation veteran and has extensive experience working with utilities, commercial and industrial companies, governments, regulators and policy makers. Mr. Joshi succeeds Guillermo “Billy’ Brooks, whose employment with the Company will terminate on January 16, 2024, pursuant to a Separation and General Release Agreement. Announcement • Nov 10
Bloom Energy Corporation Reaffirms Earnings Guidance for the Full Year 2023 Bloom Energy Corporation reaffirmed earnings guidance for the full year 2023. Bloom reaffirmed outlook for the full-year 2023: Revenue to be $1.4 billion to $1.5 billion. Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$0.80 loss per share (vs US$0.31 loss in 3Q 2022) Third quarter 2023 results: US$0.80 loss per share (further deteriorated from US$0.31 loss in 3Q 2022). Revenue: US$400.3m (up 37% from 3Q 2022). Net loss: US$169.0m (loss widened 196% from 3Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 14% per year. New Risk • Nov 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Announcement • Oct 27
Bloom Energy Corporation to Report Q3, 2023 Results on Nov 08, 2023 Bloom Energy Corporation announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 Announcement • Aug 30
Bloom Energy Corporation Announces Resignation of Sharelynn Moore as Executive Vice President, Chief Business Development and Marketing Officer, Effective September 1, 2023 On August 25, 2023, Bloom Energy Corporation announced that Sharelynn Moore, Executive Vice President and Chief Business Development and Marketing Officer, resigned, effective September 1, 2023, to pursue another opportunity. New Risk • Aug 13
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • Aug 04
Second quarter 2023 earnings released: US$0.32 loss per share (vs US$0.67 loss in 2Q 2022) Second quarter 2023 results: US$0.32 loss per share (improved from US$0.67 loss in 2Q 2022). Revenue: US$301.1m (up 24% from 2Q 2022). Net loss: US$66.1m (loss narrowed 44% from 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jul 25
Bloom Energy Launches Series 10 Net-Zero Compliant Solution, Accelerating Adoption of Clean Power Generation Bloom Energy is launching Series 10 -- a ground-breaking, 10MW fuel cell offering with a five-year, flat-rate contract shipped in just 50 days, disrupting the traditional electricity-buying model. The Series 10 Bloom Energy Server enables customers to rapidly meet growing power needs and net-zero compliance at competitive costs and without committing to a long-term contract or worrying about cost increases. The transition to net zero has created challenges across all industries, threatening energy security, availability, and resiliency. Businesses and communities have witnessed steep price increases, lack of power availability, and long-duration power outages. Customers are seeking rapid power capacity increases to grow their businesses with flexible options that will not bind them to long-term contracts. The 10 MW block design of the Series 10 optimizes cost, deployment speed, and operations by building on Bloom Energy's proven modular Energy Server technology. Starting from $0.099/kWh, the Energy Server can be shipped within 50 days for the shortest contract commitment to date -- five years. The offer includes maintenance and 24/7 monitoring. Optional add-ons include microgrid and combined heat and power (CHP) compatibility. Unlike intermittent technologies, the Series 10 offering guarantees 100% output for the duration of the term, which at 10 MW provides enough energy to power the equivalent of 8,000 homes. The Bloom Energy Server generates electricity through an electrochemical process rather than combustion, nearly eliminating harmful air pollutants that cause severe respiratory diseases and poor air quality. The Energy Server is net-zero compliant and can operate on hydrogen, responsibly sourced natural gas, renewable natural gas, or blends of these fuels. Announcement • Jul 23
Bloom Energy Corporation to Report Q2, 2023 Results on Aug 03, 2023 Bloom Energy Corporation announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Buying Opportunity • Jul 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be €19.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 6.6%. Revenue is forecast to grow by 23% in a year. Earnings is forecast to grow by 58% in the next year. Buying Opportunity • Jun 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €17.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 6.6%. Revenue is forecast to grow by 60% in 2 years. Earnings is forecast to grow by 99% in the next 2 years. Buying Opportunity • Jun 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be €16.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 6.6%. Revenue is forecast to grow by 60% in 2 years. Earnings is forecast to grow by 99% in the next 2 years. Reported Earnings • May 10
First quarter 2023 earnings released: US$0.35 loss per share (vs US$0.44 loss in 1Q 2022) First quarter 2023 results: US$0.35 loss per share (improved from US$0.44 loss in 1Q 2022). Revenue: US$275.2m (up 37% from 1Q 2022). Net loss: US$71.6m (loss narrowed 8.7% from 1Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Bloom Energy Corporation Reaffirms Earnings Guidance for the Full Year 2023 Bloom Energy Corporation reaffirmed earnings guidance for the full year 2023. Bloom reaffirmed outlook for the full-year 2023: Revenue to be $1.4 billion to $1.5 billion. Recent Insider Transactions • Mar 23
Co-Founder recently sold €2.8m worth of stock On the 16th of March, KR Sridhar sold around 166k shares on-market at roughly €17.01 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. KR has been a net seller over the last 12 months, reducing personal holdings by €5.1m. Recent Insider Transactions • Mar 05
Independent Director recently sold €464k worth of stock On the 27th of February, Eddie Zervigon sold around 23k shares on-market at roughly €20.36 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months. Recent Insider Transactions • Feb 28
Co-Founder recently sold €1.3m worth of stock On the 22nd of February, KR Sridhar sold around 64k shares on-market at roughly €20.94 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. KR has been a net seller over the last 12 months, reducing personal holdings by €2.2m. Announcement • Feb 18
Bloom Energy Corporation Announces Management Changes The Board of Directors of Bloom Energy Corporation appointed Gregory Cameron as President of the Company. The new title is in recognition of the responsibilities that Mr. Cameron holds at the Company, which have increased over time since he joined the Company as Executive Vice President and Chief Financial Officer in April 2020. Mr. Cameron continues to report to KR Sridhar, the Company’s founder, Chief Executive Officer and Chairman. On February 15, 2023, Glen Griffiths, Bloom’s Executive Vice President of Services, Quality and EHS announced his retirement, effective May 16, 2023. Reported Earnings • Feb 12
Full year 2022 earnings released: US$1.62 loss per share (vs US$0.95 loss in FY 2021) Full year 2022 results: US$1.62 loss per share (further deteriorated from US$0.95 loss in FY 2021). Revenue: US$1.20b (up 23% from FY 2021). Net loss: US$301.4m (loss widened 83% from FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Breakeven Date Change • Feb 12
Forecast breakeven date pushed back to 2025 The 24 analysts covering Bloom Energy previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 94% per year to 2024. The company is expected to make a profit of US$135.0m in 2025. Average annual earnings growth of 74% is required to achieve expected profit on schedule. Announcement • Jan 20
Bloom Energy Corporation to Report Q4, 2022 Results on Feb 09, 2023 Bloom Energy Corporation announced that they will report Q4, 2022 results After-Market on Feb 09, 2023 Buying Opportunity • Jan 10
Now 22% undervalued Over the last 90 days, the stock is up 1.2%. The fair value is estimated to be €22.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 30% in a year. Earnings is forecast to grow by 61% in the next year. Recent Insider Transactions • Dec 21
Co-Founder recently sold €231k worth of stock On the 16th of December, KR Sridhar sold around 11k shares on-market at roughly €20.74 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. KR has been a net seller over the last 12 months, reducing personal holdings by €887k. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Michael Boskin was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 19
Co-Founder recently sold €153k worth of stock On the 16th of November, KR Sridhar sold around 7k shares on-market at roughly €20.62 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €282k. KR has been a net seller over the last 12 months, reducing personal holdings by €655k. Reported Earnings • Nov 05
Third quarter 2022 earnings released: US$0.31 loss per share (vs US$0.30 loss in 3Q 2021) Third quarter 2022 results: US$0.31 loss per share (further deteriorated from US$0.30 loss in 3Q 2021). Revenue: US$292.3m (up 41% from 3Q 2021). Net loss: US$57.1m (loss widened 9.0% from 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 04
Bloom Energy Corporation Reaffirms Earning Guidance for the Year 2022 Bloom Energy Corporation Reaffirms earning guidance for the year 2022. For the year, revenue to be $1.1 - $1.15 billion. Announcement • Oct 14
Bloom Energy Corporation to Report Q3, 2022 Results on Nov 03, 2022 Bloom Energy Corporation announced that they will report Q3, 2022 results After-Market on Nov 03, 2022 Recent Insider Transactions • Sep 21
Co-Founder recently sold €282k worth of stock On the 16th of September, KR Sridhar sold around 12k shares on-market at roughly €24.54 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. KR has been a net seller over the last 12 months, reducing personal holdings by €502k. Recent Insider Transactions • Sep 01
Co-Founder recently sold €220k worth of stock On the 29th of August, KR Sridhar sold around 9k shares on-market at roughly €25.90 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was KR's only on-market trade for the last 12 months. Buying Opportunity • Aug 20
Now 21% undervalued Over the last 90 days, the stock is up 74%. The fair value is estimated to be €31.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 75% in 2 years. Earnings is forecast to grow by 98% in the next 2 years. Announcement • Aug 17
Bloom Energy Corporation has completed a Follow-on Equity Offering in the amount of $338 million. Bloom Energy Corporation has completed a Follow-on Equity Offering in the amount of $338 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 13,000,000
Price\Range: $26 Reported Earnings • Aug 11
Second quarter 2022 earnings released: US$0.67 loss per share (vs US$0.31 loss in 2Q 2021) Second quarter 2022 results: US$0.67 loss per share (down from US$0.31 loss in 2Q 2021). Revenue: US$243.2m (up 6.5% from 2Q 2021). Net loss: US$118.8m (loss widened 121% from 2Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 11
Bloom Energy Corporation Reaffirms Earnings Guidance for the Full Year 2022 Bloom Energy Corporation reaffirmed earnings guidance for the full year 2022. For the period, Company expects Revenue of $1.1 billion to $1.15 billion. Announcement • Jul 20
Bloom Energy Corporation to Report Q2, 2022 Results on Aug 09, 2022 Bloom Energy Corporation announced that they will report Q2, 2022 results After-Market on Aug 09, 2022 Reported Earnings • May 06
First quarter 2022 earnings released: US$0.44 loss per share (vs US$0.15 loss in 1Q 2021) First quarter 2022 results: US$0.44 loss per share (down from US$0.15 loss in 1Q 2021). Revenue: US$201.0m (up 3.6% from 1Q 2021). Net loss: US$78.4m (loss widened 215% from 1Q 2021). Over the next year, revenue is forecast to grow 25%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • May 06
Bloom Energy Corporation Reaffirms Revenue Guidance for the Year 2022 Bloom Energy Corporation reaffirmed revenue guidance for the year 2022. The company expects revenue of $1.1 billion - $1.15 billion. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Michael Boskin was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 15
Bloom Energy Corporation to Report Q1, 2022 Results on May 05, 2022 Bloom Energy Corporation announced that they will report Q1, 2022 results After-Market on May 05, 2022 Announcement • Apr 07
Bloom Energy Electrolyzer Accelerates the Future of Hydrogen Production in South Korea Bloom Energy announced the first international deployment of its high temperature solid oxide electrolyzer. The successful 130 kilowatt installation in Gumi, South Korea, further propels Bloom Energy’s efforts to enable a hydrogen-fueled economy following the commercial launch of the Bloom Electrolyzer in 2021. Bloom’s high-temperature electrolyzer is operating at its designed high efficiency, producing hydrogen onsite more efficiently than low-temperature PEM and alkaline electrolyzers. Because it operates at high temperatures, the Bloom Electrolyzer requires less energy to split water molecules and produce hydrogen. As electricity accounts for up to 80% of the cost of hydrogen from electrolysis, using less electricity increases the economics of hydrogen production and helps bolster adoption. Fully operational at the Bloom SK Fuel Cell center in South Korea since January 2022, this new demonstration is testing electrolysis efficiency using water as an input in intermittency mode. The Bloom Electrolyzer is effectively and efficiently operating in daily cycles, demonstrating its ability to pair with intermittent renewables, such as solar and wind. In production, the Bloom Electrolyzer is expected to operate at 46 kilowatt hours (kW-hr) per kilogram of hydrogen output with water as its input. When steam is used, the electrolyzer requires even less electricity, expected to operate at 40.4 kW-hr/kg H2, driving further efficiencies. The project aligns with South Korea’s efforts to decarbonize its energy system and become a global leader in the hydrogen economy in the coming decades. Investing heavily in new technologies and infrastructure to spur the production and adoption of the carbon-neutral fuel, South Korea aims to replace fossil fuels with hydrogen as its chief power source by 2050, according to the Ministry of Trade, Industry, and Energy. With the capacity to scale hydrogen production rapidly, Bloom Energy and SK ecoplant are well-suited to drive South Korea’s energy transition forward. Highly flexible, the Bloom Electrolyzer offers unique advantages for deployment across a broad variety of hydrogen applications, using multiple energy sources including intermittent renewable energy and excess heat. Its modular design also makes it ideal for applications across gas, utilities, nuclear, wind, solar, ammonia and heavy industries. Board Change • Apr 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Michael Boskin was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Bloom Energy Corporation, Annual General Meeting, May 11, 2022 Bloom Energy Corporation, Annual General Meeting, May 11, 2022, at 09:00 Pacific Standard Time. Agenda: To elect the two Class I directors named in the Proxy Statement; to approve, on an advisory basis, the compensation of named executive officers, as described in the Proxy Statement; to approve an amendment to restated certificate of incorporation to increase the authorized shares of preferred stock from 10,000,000 to 20,000,000, and to increase the total authorized shares of capital stock from 1,210,000,000 to 1,220,000,000; and to consider other matters. 