Bloom Energy Reports Earnings Tuesday Amid Strong Year-to-Date Gains
Bloom Energy (NYSE: BE) is set to report earnings on July 28, with investors closely watching whether the company can maintain its strong performance and meet full-year guidance of $3.4 billion to $3.8 billion in revenue. The fuel cell provider has seen first-quarter revenue surge by 130% year-over-year to $751.1 million, driven largely by a tripling in product sales. It also transitioned from an operating loss last year to income of $72.2 million and reported non-GAAP earnings per share (EPS) of $0.44 compared to just $0.03 previously. Despite recent volatility — including a 15% drop on Friday amid broader sector weakness tied to AI power investments — Bloom Energy's stock remains up over 100% in 2026 and is trading at around $189 per share, or about 47% below its 52-week high. The company has raised full-year guidance this year but faces a steep challenge of averaging roughly $880 million in revenue for each remaining quarter to reach the low end of that target. Investors are particularly focused on updates regarding large data-center deployments, as delays could impact investor confidence given Bloom's current valuation — around 90 times its adjusted EPS guidance. The earnings report is expected to provide clarity on whether management can confirm both revenue progress and project timelines.
Topics: Bloom Energy guidance update operating income revenue growth