Bloom Energy (BE) closed at $207.86 in the latest trading session, marking a -1.05% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.2%. At the same time, the Dow added 1.79%, and the tech-heavy Nasdaq gained 1.52%.
The stock of developer of fuel cell systems has risen by 26.02% in the past month, leading the Oils-Energy sector's gain of 0.91% and the S&P 500's gain of 5.15%.
Analysts and investors alike will be keeping a close eye on the performance of Bloom Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on April 28, 2026. The company's upcoming EPS is projected at $0.09, signifying a 200.00% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $498.11 million, indicating a 52.79% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.39 per share and a revenue of $3.27 billion, indicating changes of +82.89% and +61.36%, respectively, from the former year.
Any recent changes to analyst estimates for Bloom Energy should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.63% upward. Bloom Energy is currently a Zacks Rank #1 (Strong Buy).
Looking at valuation, Bloom Energy is presently trading at a Forward P/E ratio of 150.94. For comparison, its industry has an average Forward P/E of 16.89, which means Bloom Energy is trading at a premium to the group.
It's also important to note that BE currently trades at a PEG ratio of 6.04. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Alternative Energy - Other industry had an average PEG ratio of 2.3.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 76, this industry ranks in the top 32% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).