
Bloom Energy (BE) Stock Forecast & Price Target
Bloom Energy (BE) Analyst Ratings
Bulls say
Bloom Energy is expected to experience significant growth in both Energy Server and electrolyzer sales, leading to positive operating margins in 2024. The company has demonstrated a strong market position, highlighted by a recent contract with Oracle that will streamline the deployment of its fuel servers within a short timeframe. Additionally, forecasts indicate an approximate 12% revenue increase to $2.2 billion and a 24% rise in EBITDA to $388 million, which further bolsters the positive outlook for Bloom Energy's financial performance.
Bears say
Bloom Energy's financial outlook is concerning due to projected revenue growth rate deceleration, with an initial increase of approximately 22% through 2030, followed by a decline to around 20% through 2040, as U.S. power demand growth stabilizes. Additionally, the cessation of management's disclosure of average selling prices (ASPs) raises uncertainty around profitability, especially given the complexities of varying customer value, even in a tightening power generation supply chain. Lastly, while demand for prompt power generation is increasing, the extended lead times of 2-3 years for power generation equipment might hinder Bloom Energy's ability to capitalize on immediate market opportunities effectively.
This aggregate rating is based on analysts' research of Bloom Energy and is not a guaranteed prediction by Public.com or investment advice.
Bloom Energy (BE) Analyst Forecast & Price Prediction
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