Bloom Energy Stock Price, News & Analysis

Bloom Energy (NYSE: BE) has appointed technology industry veteran Jim Hagemann Snabe to its Board of Directors. Snabe brings significant leadership experience as the current Chairman of Siemens AG and former co-CEO of SAP. He also serves on the boards of Temasek, World Economic Forum, and C3 AI.

The appointment aims to leverage Snabe's expertise in scaling global enterprises and advancing digital transformation. His experience from leadership roles at major companies like SAP, Maersk, and Siemens is expected to support Bloom's mission of expanding its fuel cell technology worldwide.

Bloom Energy (NYSE:BE) reported strong Q2 2025 financial results, marking its third consecutive quarter of record revenue and profits. The company achieved revenue of $401.2 million, up 19.5% year-over-year, with product and service revenue increasing 25.9% to $351.1 million.

Key highlights include improved gross margin of 26.7% (up 6.3 percentage points YoY), non-GAAP operating income of $28.6 million (versus a $3.2 million loss in Q2 2024), and the sixth straight quarter of services profitability. The company announced a collaboration with Oracle for AI data centers and plans to double factory capacity from 1GW to 2GW by end of 2026.

Bloom reaffirmed its 2025 guidance with expected revenue of $1.65B - $1.85B, non-GAAP gross margin of ~29%, and non-GAAP operating income of $135M - $165M.

Bloom Energy (NYSE: BE) has announced a significant collaboration with Oracle Cloud Infrastructure (OCI) to deploy its fuel cell technology at select OCI data centers in the United States. The partnership aims to support OCI's growing AI and cloud computing services with rapid power deployment within 90 days for entire data centers.

The collaboration highlights Bloom's ability to provide clean, reliable, and cost-efficient power solutions specifically engineered for AI workloads. Notably, Bloom's systems deliver power with virtually no air pollution and zero water consumption, supporting Oracle's sustainability goals. The company has already deployed over 400 MW to power data centers worldwide and has established a strong presence in critical digital infrastructure through partnerships with major companies like Equinix and AEP.

Bloom Energy (NYSE:BE) has scheduled its second quarter 2025 financial results announcement for July 31, 2025, after market close. The company's management will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the quarterly results.

The 60-minute conference call will be accessible via phone at 1.888.596.4144 (toll-free) or 1.646.968.2525 with Conference ID: 5744085. A live webcast will be available on the company's investor relations website. A replay will be accessible for one week via phone and for one year on the company's website.

Bloom Energy's Mid-Year Power Report reveals a significant shift in data center power strategies, with 27% of facilities expected to be fully powered by onsite generation by 2030, up from just 1% last year. The study, surveying 100 decision-makers across the data center ecosystem, highlights major challenges in grid power access, with utilities reporting up to 2-year longer connection delays than anticipated by developers. Power availability has become the primary factor in site selection for 84% of respondents. The report also projects substantial growth in data center size, with median capacity expected to increase by 115% to 375 MW over the next decade, driven by AI demands. While 95% of surveyed companies maintain their carbon reduction targets, the immediate focus has shifted to securing reliable power access, with 38% of facilities planning to incorporate some form of onsite generation by 2030.

Bloom Energy (NYSE: BE) announced the exchange of approximately $112.8 million of its 2.50% green convertible senior notes due 2025 for about $115.7 million of new 3.00% green convertible senior notes due 2029. The exchange is expected to settle around May 13, 2025. After completion, only $2.2 million of 2025 notes will remain outstanding, while the total 2029 notes will reach $518.2 million.

The new 2029 notes will be senior, unsecured obligations with a 3.00% annual interest rate, payable semi-annually. The initial conversion rate is 47.9795 shares per $1,000 principal amount, representing a conversion price of approximately $20.84 per share. The notes will be redeemable at Bloom's option after June 7, 2027, subject to certain conditions.

Bloom Energy reported strong Q1 2025 financial results, achieving record first-quarter revenue of $326.0 million, marking a 38.6% increase from Q1 2024. The company's product and service revenue grew 26.5% to $265.4 million.

Key highlights include improved gross margin of 27.2% (up 11.0 percentage points) and reduced operating loss of $19.1 million (a $29.9 million improvement). The company achieved a non-GAAP operating profit of $13.2 million, compared to a loss in Q1 2024.

Bloom reaffirmed its 2025 guidance with expected revenue of $1.65B-$1.85B and non-GAAP gross margin of ~29%. The company also announced CFO Dan Berenbaum's departure, with Chief Accounting Officer Maciej Kurzymski stepping in as Acting Principal Financial Officer.

CEO KR Sridhar highlighted strong execution and growing demand driven by AI, data centers, and industrial electrification as key growth factors.

Bloom Energy (NYSE: BE) has scheduled its first quarter 2025 financial results announcement for April 30, 2025, after market close. The company will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

The 60-minute earnings call will be accessible via phone at 1-888-596-4144 (toll-free) or 1-646-968-2525 with Conference ID 5744085. A live webcast will be available through the company's investor relations website. Replay options include a one-week telephonic replay and a one-year webcast archive on the investor website.

Conagra Brands (NYSE: CAG) has partnered with Bloom Energy to implement fuel cell technology at its Troy and Archbold, Ohio production facilities through a 15-year power purchase agreement (PPA). The collaboration will deploy approximately six megawatts of power, covering 70-75% of the facilities' electricity needs while projecting a 19% reduction in greenhouse gas emissions.

Bloom's combustion-free fuel cells will provide sustainable and reliable electricity generation without releasing pollutants like nitrogen oxides, carbon monoxide, and particulate matter. This initiative supports Conagra's 2030 science-based greenhouse gas reduction targets.

Additionally, Conagra has established a $9 million Sustainability Capital Allowance program to support its facilities in achieving sustainability goals through supply chain modernization and environmental impact reduction.