Bloom Energy (BE) Expected to Announce Earnings on Thursday

Bloom Energy (NYSE:BE - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.02 per share and revenue of $382.23 million for the quarter. Bloom Energy has set its FY 2025 guidance at EPS.

Bloom Energy (NYSE:BE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.10. Bloom Energy had a return on equity of 2.51% and a net margin of 0.29%. The firm had revenue of $326.02 million during the quarter, compared to the consensus estimate of $294.27 million. During the same period in the previous year, the firm posted ($0.17) EPS. The company's quarterly revenue was up 38.5% compared to the same quarter last year. On average, analysts expect Bloom Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bloom Energy Price Performance

Shares of Bloom Energy stock traded up $6.21 during trading on Thursday, hitting $33.10. 39,199,472 shares of the company were exchanged, compared to its average volume of 7,459,871. The company has a quick ratio of 2.39, a current ratio of 3.44 and a debt-to-equity ratio of 2.07. Bloom Energy has a fifty-two week low of $9.02 and a fifty-two week high of $33.91. The stock has a market capitalization of $7.69 billion, a price-to-earnings ratio of -661.87 and a beta of 3.22. The firm has a 50 day moving average price of $22.23 and a 200 day moving average price of $21.91.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,038 shares of the business's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $19.73, for a total value of $40,209.74. Following the transaction, the insider owned 176,618 shares in the company, valued at $3,484,673.14. The trade was a 1.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kr Sridhar sold 42,383 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $19.14, for a total transaction of $811,210.62. Following the completion of the transaction, the chief executive officer owned 2,724,613 shares in the company, valued at $52,149,092.82. This represents a 1.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 63,513 shares of company stock worth $1,261,765 over the last three months. Insiders own 3.60% of the company's stock.

Hedge Funds Weigh In On Bloom Energy

A number of institutional investors have recently added to or reduced their stakes in BE. Focus Partners Wealth raised its stake in shares of Bloom Energy by 30.7% in the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company's stock valued at $394,000 after purchasing an additional 4,716 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Bloom Energy by 50.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company's stock valued at $49,127,000 after buying an additional 836,810 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Bloom Energy by 674.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company's stock valued at $37,000 after buying an additional 1,626 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Bloom Energy during the 1st quarter valued at about $1,820,000. Finally, Bayforest Capital Ltd bought a new stake in shares of Bloom Energy during the 1st quarter valued at about $2,055,000. Institutional investors and hedge funds own 77.04% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. upgraded Bloom Energy from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $18.00 to $33.00 in a research report on Wednesday, July 9th. Piper Sandler lowered their target price on shares of Bloom Energy from $31.00 to $26.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Morgan Stanley lowered their target price on shares of Bloom Energy from $35.00 to $30.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Mizuho boosted their price objective on shares of Bloom Energy from $26.00 to $31.00 and gave the company an "outperform" rating in a research note on Monday, July 14th. Finally, UBS Group reissued a "buy" rating on shares of Bloom Energy in a research note on Wednesday, July 2nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $24.53.

Bloom Energy Company Profile

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.