Bloom Energy Stock Price, News & Analysis

Bloom Energy (NYSE: BE) released its 2026 Data Center Power Report surveying 152 industry decision-makers and interviews. Key findings: Texas could reach ~30% of U.S. data center share by 2028, Georgia is forecast to grow from 4% to 7% (+75%), legacy states may lose >50% share, >50% of new campuses may exceed 500 MW by 2035, nearly one-third of new campuses may exceed 1 GW, and ~33% of data centers are expected to run on 100% onsite power by 2030.

Bloom Energy (NYSE: BE) priced an upsized offering of $2.2 billion aggregate principal amount of 0% convertible senior notes due 2030, increased from $1.75 billion. Settlement is scheduled for November 4, 2025, with an initial purchasers' option of an additional $300.0 million. The initial conversion rate is 5.1290 shares per $1,000 principal (approximate conversion price $194.97), a ~52.50% premium to the Oct 30, 2025 closing price of $127.85. Estimated net proceeds are ~$2.16 billion (~$2.45 billion if option exercised); ~$988.4 million is intended to pay the cash portion of concurrent exchanges of existing convertible notes. Concurrent exchanges contemplate ~$532.8M 2028 notes and $443.1M 2029 notes swapped for cash plus approximately 42.4 million shares of Class A common stock in aggregate.

Bloom Energy (NYSE: BE) announced a proposed private offering of $1.75 billion aggregate principal amount of 0% convertible senior notes due November 15, 2030, with an initial purchaser option for an additional $250.0 million. The notes are senior, unsecured, bear no regular interest, and will not accrete; conversion may be settled in cash, Class A common stock or a combination at the company’s election.

Use of proceeds includes paying cash consideration in concurrent exchange transactions for existing 2028 and 2029 convertible notes and general corporate purposes such as R&D, sales and marketing, manufacturing expansion and capital expenditures. Redemption is permitted from Nov 20, 2028 if the stock trades above 130% of the conversion price and other conditions are met.

Bloom Energy (NYSE: BE) reported Q3 2025 revenue of $519.0M, up 57.1% YoY, and product & service revenue $442.9M (+55.7% YoY).

GAAP gross margin 29.2% (+5.4 pts YoY); non‑GAAP gross margin 30.4%. GAAP operating income was $7.8M vs. a loss of $9.7M in Q3'24; non‑GAAP operating income was $46.2M (+$38.1M YoY) with a non‑GAAP operating margin of 8.9%. GAAP net loss to common stockholders was $23.1M and GAAP diluted EPS was $(0.10). The company also announced a $5 billion strategic AI infrastructure partnership with Brookfield Asset Management.

Bloom Energy (NYSE: BE) and Brookfield announced a $5 billion strategic partnership to build and power large-scale AI factories using Bloom Energy fuel cells and Brookfield infrastructure and capital.

The collaboration makes Bloom the preferred onsite power provider for Brookfield’s AI factories, marks Brookfield’s first investment through its dedicated AI Infrastructure strategy, and includes active design work plus a Europe site to be announced before year‑end. Brookfield cites over $100 billion invested in digital infrastructure and $550 billion of assets under management. The companies note AI data center power demand in the U.S. could exceed 100 GW by 2035.

Bloom Energy (NYSE: BE) will release Q3 2025 financial results on October 28, 2025 after market close.

Management will host a 60-minute conference call and webcast on October 28, 2025 at 2:00 p.m. PT / 5:00 p.m. ET to discuss results. Live dial-in numbers and a webcast link are provided, and a telephonic replay will be available for one week with a webcast replay hosted on the investor website for one year.

Bloom Energy (NYSE: BE) has appointed Aaron Hoover as the new head of business and corporate development. Hoover, formerly Global Co-Head of Energy Investment Banking at Morgan Stanley, brings over 20 years of leadership experience in energy and finance sectors.

In his new role, Hoover will focus on developing strategic partnerships within the energy ecosystem and driving corporate development initiatives. Based in Houston, he will leverage his extensive relationships across the energy sector to expand Bloom's market presence, particularly in areas of carbon capture and sequestration through collaboration with the natural gas sector.

CEO KR Sridhar emphasized the appointment's timing, highlighting Bloom's focus on converting molecules to clean power and advancing near-zero emission power options through carbon capture technology.

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.