Bloom Energy Reports Fourth Quarter and Full Year 2022 Financial Results

Go back to Bloom Energy Reports Fourth Quarter and Full Year 2022 Financial Results

Mixed guidance has J.P. Morgan sidelined on Bloom Energy (BE) ahead of Analyst Day

February 10, 2023 8:14 AM EST

J.P. Morgan downgraded Bloom Energy (NYSE: BE) to a Neutral rating (From Overweight) and cut the price target on the stock to $27.00 (From $29.00) following the companys 4Q earnings report and 2023 guidance.

BE reported 4Q results above expectations with PF EBITDA of $74.4mm on revenue of... More

Bloom Energy Corp. (BE) Tops Q4 EPS by 17c, Offers Guidance

February 9, 2023 4:24 PM EST

Bloom Energy Corp. (NYSE: BE) reported Q4 EPS of $0.27, $0.17 better than the analyst estimate of $0.10. Revenue for the quarter came in at $462.6 million versus the consensus estimate of $398.26 million.

GUIDANCE:

Bloom Energy Corp. sees FY2023 revenue of $1.4-1.5 billion, versus the... More