Reading BE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track BE free→Reading BE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track BE free→NYSEIndustrialsElectrical Equipment & PartsSnapshot 2026-06-15
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is strong. Earnings quality is robust, cash backs up profits. Management's recent track record has been unsteady, with frequent changes. Risk is high, and the sector backdrop is a headwind. Peer multiples imply a price about 590% below where it trades (it looks expensive on this basis); the read is expensive, growth-justified. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 4 valuation methods, at three horizons. Current price $274.58. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $275, BE's earnings are too small for P/E to mean much; on sales it trades at 26× p/s (7.0× the 4× p/s peer median). At a normal multiple the price implies ~593% near-term growth vs our ~47% forecast. That gap is an optionality premium a financial-multiple model can't price — our $40 fair value covers only the as-is business, low confidence. Analysts: $97–$335. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 593% near-term growth, well above our forecast of about 47%. This describes what's priced in, not a forecast of the move.
Only expensive valuation — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 69% of the time over the next year (vs 58% for the rest of the cohort, n=3696).
Over the trailing year it converted 29.94x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=3333).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, Fed net liquidity, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.39 → $0.39 (+0.0% / 30d). 13 raised, 0 cut, 15 covering analysts.
0 upgrades, 0 downgrades / 30d. 50% of analysts rate Buy.
2 PT revisions / 30d. Avg target 23.1% above current price.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$392.
How much price usually moves either way.
On a bad day, this stock has moved -$1,038.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,594.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: The FOMC decision can change interest rates and the economy. This affects investment and spending in industry.
Confirms one read:The FOMC raises interest rates. This shows the economy is tightening.
Confirms the other:The FOMC keeps interest rates the same or lowers them. This shows a friendlier environment.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
Downgrade indicates potential valuation concerns.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
of this Form 8-K, including the accompanying Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in suc…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$97.00 – $335.00 (median $252.50) · 14 analysts · as of 2026-06-10
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Electrical Components & Equipment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
BE Bloom Energy Corp. | Typical Show detailsSector percentile: 42 of 100 | expensive | high |
ETN Eaton Corporation | Typical Show detailsSector percentile: 70 of 100 | full | moderate |
VRT Vertiv | Typical Show detailsSector percentile: 60 of 100 | expensive | elevated |
EMR Emerson Electric | Typical Show detailsSector percentile: 63 of 100 | fair | moderate |
AME Ametek | Above typical Show detailsSector percentile: 91 of 100 | fair | low |
13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 59% of the time over the next year (vs 59% for the rest of the cohort, n=840).
Not investment advice. As of 2026-06-15.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Bloom Energy has raised its full-year 2026 revenue growth guidance midpoint to approximately 80% year-over-year.
Stated in 2 of last 2 quarters. Revenue grew from $519.048M in 2025-Q3 to $751.054M in 2026-Q1, indicating strong growth. The company has raised its full-year 2026 revenue growth guidance to approximately 80% year-over-year, showing a positive trajectory.
“Raised full year 2026 revenue growth guidance midpoint to ~80% year-over-year.”
“Bloom provides outlook for the full-year 2026: Revenue: $3.1B - $3.3B.”
Bloom Energy aims to achieve non-GAAP operating income between $600 million and $750 million for the fiscal year 2026.
Stated in 2 of last 2 quarters. Operating income increased from $7.846M in 2025-Q3 to $72.19M in 2026-Q1, showing significant improvement. The company aims for non-GAAP operating income of $600M-$750M for 2026, indicating a positive trajectory.
“Non-GAAP Operating Income: $600M - $750M.”
Bloom Energy has set a target to improve its non-GAAP gross margin to approximately 34% for the fiscal year 2026.
Stated in 2 of last 2 quarters. Gross profit increased from $151.675M in 2025-Q3 to $225.544M in 2026-Q1, reflecting margin improvement. The company targets a non-GAAP gross margin of ~34% for 2026, indicating progress towards this goal.
“Non-GAAP Gross Margin: ~34%.”
Why it matters: The earnings report will show if Bloom Energy can improve its financial losses. Investors will look for signs of better profitability.
Confirms one read:The earnings report shows smaller losses than in past quarters.
Confirms the other:Earnings report shows losses remain unchanged or worsen.
Why it matters: If the industrial sector's revenue growth speeds up, it could help Bloom Energy's performance. This would indicate a stronger market environment.
Confirms:Sector revenue growth speeds up again, reaching over 5%.
Disproves:Sector revenue growth keeps slowing down, staying below 5%.
Other Events. On April 27, 2026, Bloom Energy Corporation (the “Company”) filed a prospectus supplement to its automatic shelf registration statement on Form S-3 (Registration No. 333-282117) with the Securities and Exchange Commission. This Current Report on Form 8-K is being filed solely for the purpose of filing the opinion of Latham & Watkins LLP relating to the validity of the shares of Class A common stock of the Company offered by the prospectus supplement, which opinion is attached as…
Entry into a Material Definitive Agreement. Warrant As previously disclosed in Bloom Energy Corporation’s (the “Company”) Current Report on Form 8-K filed on October 30, 2025, in connection with the partnership between the Company and Oracle Corporation (“Oracle”) to provide on-site solid state power for AI data centers, subject to the negotiation of a warrant mutually acceptable to the Company and Oracle, the Company agreed to issue to Oracle a warrant (the “Warrant”) to purchase up to an ag…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On March 26, 2026, Bloom Energy Corporation (the “Company” or “Bloom”) issued a press release announcing that Simon Edwards has been appointed to serve as the Company’s Chief Financial Officer (“CFO”) effective as of April 13, 2026 (the “Effective Date”). As of the Effective Date, Maciej Kurzymski, the Company’s Acting Principal Financial Officer an…
Unregistered Sales of Equity Securities. The information set forth in
“Non-GAAP Operating Income: $425M - $475M.”
“Non-GAAP Gross Margin: ~32%.”