Bloom Energy (BE)
Builds solid-oxide systems for onsite electricity generation and hydrogen production.
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Sells Bloom Energy Server solid-oxide fuel cell systems for onsite electricity and Bloom Electrolyzers for hydrogen production, earning primarily from hardware plus installation and long-term service. Most product revenue comes from Energy Servers, with the United States as the largest market and South Korea second.
Manufactures the Bloom Energy Server, a modular solid-oxide fuel cell system that converts natural gas, biogas, or hydrogen into onsite electricity without combustion, and the Bloom Electrolyzer for hydrogen production. Product sales supply most revenue, complemented by installation, long-term operations and maintenance, and electricity sales. Customers span data centers, commercial and industrial facilities, and utilities, with the United States the largest market and South Korea second.
Uses a shared solid-oxide architecture, supply chain, and manufacturing base across both products. Modular Energy Servers can serve grid-connected sites or microgrids, while service agreements support system availability over multiyear contracts.
Nearly all product revenue comes from Energy Servers, most deployments use natural gas, and project economics depend on fuel and grid-electricity prices, customer financing, permitting, utility rules, and energy incentives.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | Mizuho Securities | Target | Target: $242 | Target: $351 |
| Sep 7, 2026 | UBS | Reiterate | Rating: —Target: $300 | Target: $325 |
| Aug 14, 2026 | Jefferies | Reiterate | Rating: —Target: $188 | Target: $229 |
| Jul 30, 2026 | Wells Fargo | Reiterate | Rating: —Target: $130 | Target: $176 |
| Jul 30, 2026 | Mizuho Securities | Target | Target: $285 | Target: $242 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.72B · Total debt $2.81B · Total assets $5.63B · Shareholders' equity $1.61B
- Revenue
- $1.07B
- Operating income
- $182.2M
- Net income
- $196.3M
No dividends on record.
| Institutions | 79.08% | 232.91M shares | |
|---|---|---|---|
| 1,390 holders · as of Jun 30, 2026 | |||
| Insiders | 0.93% | 2.73M shares | |
| 14 holders · as of Sep 18, 2026 | |||
| Other | 19.99% | 58.89M shares | |
| remainder | |||
294.53M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 6.26% | 18.44M | as of Jun 30, 2026 |
Ameriprise Financial IncInstitution | 6.16% | 18.13M | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 4.74% | 13.95M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.26% | 12.55M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.10% | 12.08M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Aman Joshi | officer: Chief Commercial Officer | −3,601 | $269.94 |
| Sep 16, 2026 | Maciej Kurzymski | officer: Chief Accounting Officer | −2,295 | $268.42 |
| Sep 16, 2026 | Shawn Marie Soderberg | officer: See Remarks | −2,870 | $270.07 |
| Sep 16, 2026 | Satish Chitoori | officer: Chief Operations Officer | −2,870 | $270.06 |
| Aug 14, 2026 | Shawn Marie Soderberg | officer: See Remarks | −2,895 | $233.60 |
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Bloom Energy | $275.34 | +0.70% | $80.37B | 361.1 | 74.9 | 25.8 | +165.5% |
| FuelCell Energy | $17.80 | −0.84% | $1.44B | — | — | 9.3 | −29.4% |
| GE Vernova | $941.09 | −0.62% | $252.01B | 27.2 | 46.0 | 6.1 | +21.9% |
| Caterpillar | $813.00 | −0.49% | $376.11B | 35.1 | 28.4 | 5.0 | +24.0% |
| Plug Power | $2.11 | +1.44% | $2.92B | — | — | 3.9 | +2.5% |
| Cummins | $534.97 | +0.05% | $73.79B | 27.3 | 16.1 | 2.1 | +9.4% |
| Ballard Power Systems | $2.24 | +1.07% | $669.3M | — | — | 6.3 | +14.0% |
| Median | 27.3 | 28.4 | 5.6 | +11.7% |