Bloom Energy (NYSE: BE) has lost about 37% of its value since hitting an all-time high just a few weeks ago. It was trading at around $345 a share then -- and it's at about $218 now.
Normally, a steep decline of that caliber would tell you something went wrong with Bloom's business. In the case of the hydrogen stock, however, the opposite is the case.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Indeed, the company's most recent earnings report was arguably its strongest yet. Bloom raked in over $1 billion in revenue, marking its first billion-dollar quarter in company history, and both margins and profitability improved significantly. To top it off, management raised 2026 revenue guidance (again) into the range of $3.9 billion to $4.2 billion.
What's more, Wall Street expects Bloom's revenue to more than triple over the next two years, as the artificial intelligence (AI) boom will likely fuel stronger demand for its solid oxide fuel cell systems.
#bloom
Normally, a steep decline of that caliber would tell you something went wrong with Bloom's business. In the case of the hydrogen stock, however, the opposite is the case.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Indeed, the company's most recent earnings report was arguably its strongest yet. Bloom raked in over $1 billion in revenue, marking its first billion-dollar quarter in company history, and both margins and profitability improved significantly. To top it off, management raised 2026 revenue guidance (again) into the range of $3.9 billion to $4.2 billion.
What's more, Wall Street expects Bloom's revenue to more than triple over the next two years, as the artificial intelligence (AI) boom will likely fuel stronger demand for its solid oxide fuel cell systems.
#bloom
3 months ago
