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Added to YB: 2024-02-02

Pitch date: 2024-02-01

BE [bearish]

Bloom Energy Corporation

-704.92%

current return

Author Info

No bio for this author

Company Info

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally.

Market Cap

$23.4B

Pitch Price

$11.80

Price Target

N/A

Dividend

N/A

EV/EBITDA

155.73

P/E

1.5K

EV/Sales

13.39

Sector

Electrical Equipment

Category

N/A

Show full summary:
Bloom Energy: Short Opportunity Ahead Of Q4 Results And 2024 Outlook

BE -25% YTD, more downside likely. Q3 beat but 40% from one-time server deal. SK ecoplant deal signals missed Korea targets. Oregon data center, S.Korea auction loss challenge growth. Analysts doubt guidance, see flat revs. Q4 at risk, downgrade to Strong Sell. Consider shorting pre-Q4, watch SK moves.

Read full article (6 min)