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BE

Bloom Energy Corp

NYSE: BE · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS

$287.97
+27.21% today

Updated 2026-04-29

Market cap
$65.70B
P/E ratio
P/S ratio
32.46x
EPS (TTM)
$-0.37
Dividend yield
52W range
$16 – $242
Volume
10.5M

Bloom Energy Corp (BE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$287.97
Consensus
$106.23
-63.11%
2030 Target
$664.59
+130.78%
DCF
22 analysts:
7 Buy8 Hold3 Sell

Management guidance

No specific multi-year revenue targets found in available data. CEO Sridhar Krishnan sold $34M in stock on Feb 24, 2026, suggesting confidence in near-term prospects. Company exceeded 2025 performance goals per March 2026 proxy filing, with strong AI datacenter tailwinds cited as primary growth driver.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,098.60
$15.4B Rev × 20x P/S
Base case (2030)
$664.59
$15.4B Rev × 12x P/S
Bear case (2030)
$434.02
$15.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$1.3B$1.5B$2.0B$3.3B$5.2B$7.8B$11.1B$15.4B
Revenue growth10.5%37.3%62.8%57.1%50.0%42.9%38.7%
EPS$-0.17$0.14$0.73$1.42$3.01$5.40$8.10$11.50
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$135.63$217.01$339.08$474.71$664.59

Catalysts & risks

Growth catalysts
+ AI datacenter power demand expansion (Meta, Google, Microsoft capex surge)
+ Contracted backlog growth and customer commitments from Brookfield ($5B partnership announced)
+ Cost reduction achievements and improved manufacturing utilization per recent analyst upgrades
+ Potential Brookfield partnership expansion and international market penetration
+ Fuel cell technology adoption in distributed power and grid services
Key risks
- High valuation multiple (P/S 18.71x, Forward P/E 45.37x) leaves limited margin for error
- Significant insider selling in Feb-March 2026 (CEO, CLO, CCO, COO, CAO all divested) suggests stock price front-running
- Negative EPS (-0.37 TTM) with path to profitability dependent on sustained revenue growth
- AI datacenter capex cycle could decelerate or shift to alternative power solutions
- Supply chain constraints and manufacturing scaling execution risks
- Analyst price target dispersion extreme (low $10 vs high $207) indicates deep disagreement on valuation

Methodology

Bloom Energy Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 22 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.