Bloom Energy Corp (BE) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Bloom Energy Corp stock $5.19, price $194, that is 97.3% below the price, quality 28 out of 100. Rating: strongly overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
Our calculation puts a fair price 97% below what the stock costs today.
Solidly profitable · 13.5% net margin (TTM)
Generates free cash flow
Wide moat71/100
Revenue last quarter +138% vs. a year ago.
Mixed Growth(revenue 5y +20.6 %/yr in USD)
Mixed vs. peers(5/11)
Insiders sold $51.6M (6M)
Dilution deducted on Oct 29: $6.13→ $5.19
Fair value $5.19 · Strongly overvalued
Quality 28/100
High debt
Negative coverage
Thin data
Extreme value⚠ Dilution
Risks from the AI analysis
🚩Price drop: Broader concerns that election results could bring tighter rules on new AI infrastructure🚩Gas turbines from GE Vernova erode time-to-power edge🚩Heavy reliance on one hyperscaler customer🚩Dependence on Chinese scandium via intermediaries
Watch Bloom Energy Corp for free: we tell you when fair value or trend changes.Watch for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $8.58 – $345.85 · fair‑value band $3.20 – $9.67 · the $193.88 price screens above the $5.19 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.
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It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen.
It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006.
Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
Stock analysis
Bloom Energy Corp (BE) currently trades at $193.88, while our model-based Fair Value estimate is $5.19, 97% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $6.10 per share, and 0 of the 13 models we run sit above the $193.88 price.
Bear case: the Earnings-Based group reads lowest at $1.38, and 13 of the 13 models stay below the price. Data coverage for this calculation is low.
Scenario range: $3.20 (bear) to $9.67 (bull), the price of $193.88 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 28/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Bloom Energy Corp reported revenue of $2.0B in FY2025 versus $972M in FY2021, a compound +20.1%/yr. Reported net income was −$88.4M in FY2025.
Key figures
Market cap $62.7B Large · P/E ratio 117.5 · P/S ratio 16.4 · EPS (TTM) $1.65 · Net margin 13.5% · Return on equity 39.6% · Return on assets (EBIT) −5.3% (5-year average) · Operating margin 18.5%.
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 44% below its 52-week high and 152% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at −97%, BE screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely ($0.3500 to $8.17). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear$3.20Fair Value $5.19Bull$9.67
Price $193.88 · Downside -97.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1.42 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$4.06$6.10$12.0877
Growth DCF$3.77$6.49$11.3876
EPV$1.16$1.38$1.5674
All 13 models by family
DCF Models
FCF DCF$4.06$6.10$12.0877
5Y Revenue Exit$2.54$4.54$8.5269
5Y EBITDA Exit$3.80$7.18$13.5571
10Y Revenue Exit$2.94$5.89$8.2466
10Y EBITDA Exit$3.82$8.17$16.1764
Earnings-Based
EPV$1.16$1.38$1.5674
Multiples
EV/EBIT$1.32$2.37$3.4163
EV/EBITDA$2.52$3.97$5.4266
EV/Revenue$0.4200$1.38$2.3449
Asset-Based
NCAV (Graham)$0.2300$0.3500$0.430055
Growth DCF
Growth DCF$3.77$6.49$11.3876
Rev-Margin DCF$2.54$5.21$9.3269
Economic Profit
ROIC Compounder$1.16$1.38$1.5672
The fair value above starts from this blend and is adjusted for dilution from new shares.
In the last 6 months, 7 officers or directors sold shares worth $51.6M and none bought.
SaleBarbara J BurgerDirector2,333 shares at $215.05$501,712Nov 3, 202610b5-1 plan
SaleJohn T ChambersDirector4× since May 28, 2026: 93,828 shares, avg. $266.47$25.0MNov 2, 202610b5-1 plan
SaleAman JoshiChief Commercial Officer12× since Nov 14, 2025: 96,662 shares, avg. $186.76$18.1MOct 1, 2026
SaleSatish ChitooriChief Operations Officer9× since Nov 14, 2025: 52,872 shares, avg. $192.55$10.2MSep 16, 2026
SaleShawn Marie SoderbergOfficer11× since Nov 14, 2025: 215,415 shares, avg. $200.83$43.3MSep 16, 2026
SaleMaciej KurzymskiChief Accounting Officer5× since Dec 16, 2025: 21,847 shares, avg. $208.82$4.6MSep 16, 2026
SaleJeffrey R ImmeltDirector30,000 shares at $238.91$7.2MAug 17, 202610b5-1 plan
SaleMary K BushDirector25,000 shares at $266.96$6.7MMay 7, 2026
SaleGary S PinkusDirector1,250 shares at $165.80$207,250Feb 27, 2026
SaleKR SridharChairman & CEO, Director200,000 shares at $170.00$34.0MFeb 24, 2026
Plus 18 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+37.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.6%
Start year 2020 (pandemic). Over 10 years: +27.9% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.0%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−30.0% (2019) → 1.6% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Negative
Recent news coverage is more negative than average.
AI conclusion: The main strength is the landmark fuel cell supply deal for data centers while the key weakness is exposure to regulatory constraints on AI infrastructure expansion.
Main risk: Once GE Vernova and other turbine makers clear their backlogs and ramp capacity, data-center customers could switch to cheaper gas turbines or alternatives like Ceres Power metal-supported SOFCs, squeezing Bloom's prices and margins on onsite power.
Bloom Energy just landed its largest international agreement so far, supplying 900 megawatts of fuel cells to NTT DATA data centers with first shipments due in 2027. Shares still fell sharply amid broader concerns that election results could bring tighter rules on new AI infrastructure. Will the demand for quick, onsite power solutions outpace those regulatory risks, or will policy shifts limit how fast the business can scale?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 604 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score28 · Bottom 25%
Fair Value upside−97.3% · Bottom 25%
Profitability
Return on equity (12 months)39.6% · Top 25%
Return on assets−2.0% · Bottom 25%
Net margin (12 months)13.5% · Top 25%
Operating margin (12 months)18.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)138.1% · Top 25%
Balance sheet
Debt / equity3.40× · Highest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)117.5× · Priciest 25%
P/S (12 months)16.37× · Priciest 25%
PEG0.46× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 65
PAST (return on equity)100· sector 24
HEALTH (low debt)0· sector 97
DIVIDEND (yield)0· sector 23
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Bloom Energy Corp Fair Value". https://www.fairvalue-calculator.com/stock/BE
Frequently asked questions
Is Bloom Energy Corp (BE) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $5.19 versus a price of $193.88, about 97% lower (overvalued).
What is the fair value of BE?
Our model-based fair value for Bloom Energy Corp is $5.19 (as of Nov 8, 2026), built from audited fundamentals. The current price: $193.88.
What is the quality score of BE?
Bloom Energy Corp has a Quality Score of 28/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Bloom Energy Corp (BE)?
Our model-based price target is the fair value of $5.19 (as of Nov 8, 2026) from 13 valuation models. Cautious scenario $3.20, optimistic scenario $9.67. It is a calculation from audited fundamentals, not an analyst target.
What is the Bloom Energy Corp stock forecast for 2026?
Our models put fair value at $5.19, about 97% lower versus a price of $193.88 (overvalued). Cautious scenario $3.20, optimistic scenario $9.67. The calculation is refreshed regularly with new filings.
What is the revenue of Bloom Energy Corp (BE)?
Bloom Energy Corp reported trailing-twelve-month revenue of about $3.8B (latest available figure, as of Nov 8, 2026).
What is the intrinsic value of Bloom Energy Corp (BE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bloom Energy Corp it is $5.19 per share (as of Nov 8, 2026), against a price of $193.88. It is the blended result of 13 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Bloom Energy Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, BE trades above its calculated fair value: price $193.88, fair value $5.19, a gap of about −97% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BE?
No. The price is what the market pays today ($193.88); the fair value is what the company's own numbers justify ($5.19). For Bloom Energy Corp the two are $188.70 per share apart. That gap is exactly why we show both numbers side by side.
How much is Bloom Energy Corp worth?
The market values Bloom Energy Corp at about $62.7B (market capitalisation, as of Nov 8, 2026). Per share that is $193.88; our models calculate a fair value of $5.19 per share.
What do the bullish and bearish scenarios say about BE?
Our models span a range for Bloom Energy Corp: cautious scenario $3.20, base $5.19, optimistic $9.67 per share (as of Nov 8, 2026, price $193.88). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BE?
Bloom Energy Corp trades at a price-to-earnings ratio of 117.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $5.19 is built from several models across several years. Other multiples: PEG 0.5, P/S 16.4.
What is the PEG ratio of BE?
The PEG ratio of Bloom Energy Corp is 0.46 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Bloom Energy Corp (BE)?
Balance-sheet figures for Bloom Energy Corp (as of Nov 8, 2026): return on equity 39.6%, debt of 3.40 per unit of equity. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is BE from its 52-week high?
Bloom Energy Corp trades at $193.88, about 44% below its 52-week high of $345.85 and 152% above the low of $76.97 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of $5.19 is for.
Which stocks are comparable to Bloom Energy Corp?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Bloom Energy Corp stock attractive at the current price?
The data as of Nov 8, 2026: price $193.88, calculated fair value $5.19 (−97%), Quality Score 28/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BE calculated?
We run Bloom Energy Corp through 13 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $5.19 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.7% above its aggregate fair value. Bloom Energy Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Bloom Energy Corp (BE)?
The closing price on Nov 9, 2026 was $193.88. Our model-based fair value is $5.19, about 97% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bloom Energy Corp right now?
The price sits above even our optimistic bull case ($9.67). The favourable scenario is already priced in. Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($3.20 to $9.67). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Bloom Energy Corp
How large is the market capitalisation of Bloom Energy Corp (BE)?
The market capitalisation of Bloom Energy Corp is $62.7B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Bloom Energy Corp (BE)?
The price-to-sales ratio of Bloom Energy Corp is 16.4 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Bloom Energy Corp (BE)?
Earnings per share at Bloom Energy Corp are $1.65 (price ÷ EPS = P/E 117.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Bloom Energy Corp (BE)?
The net margin of Bloom Energy Corp is 13.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Bloom Energy Corp (BE)?
The return on equity (ROE) of Bloom Energy Corp is 39.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Bloom Energy Corp (BE)?
On an EBIT basis the return on assets of Bloom Energy Corp is −5.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Bloom Energy Corp (BE)?
The operating margin of Bloom Energy Corp is 18.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bloom Energy Corp (BE)?
Revenue at Bloom Energy Corp is growing +138% versus a year earlier (3y avg +19.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Bloom Energy Corp (BE)?
Earnings per share at Bloom Energy Corp are growing −98.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Bloom Energy Corp (BE) generate?
The free cash flow of Bloom Energy Corp is $57.2M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Bloom Energy Corp (BE) carry?
The net debt of Bloom Energy Corp is $538M (fiscal year 2025, ≈ 9.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 8, 2026
