NAS10030,808+1.00%S&P7,723+0.73%GOLD$4,190+0.67%BTC$85,975−0.58%VIX16.23+6.01%live tape · as of 11:17 UTC
The Screen · Industrials · Electrical Equipment & Parts
Bloom Energy Corp
BE · the NYSE · USD · Market cap $85.8B · 2,000 employees
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.
FAIL · Does not pass the screen
291.25 USD
Screen close, 2026-09-29 · not a live quote Last reviewed 6 days ago
Screened 2026-09-29 · the tape above runs as of 11:17 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 291.25 against the desk's fair-value range, base estimate 197.54, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price291.25 USD
Fair value197.54
Ethical score70.0/100
Our investment reviews on this name
2026-10-02Read Accumulation291.25+0.0% to today ✓
2026-07-02Read Markup260.22+11.9% to today ✓
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Bloom Energy Corp holds its Markup at $291.25. The statistical read favours the sellers, held for 14 days.
As held on the ledger · 2026-09-29
Phase
Markup
Quantitative state
The statistical read favours the sellers, held for 14 days
Price at the screen
$291.25
Valuation
373.40 trailing · 59.09 forward price to earnings
Values screen
FAIL· score 70.0
Beta
3.81
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
68.05%
Below 33%
Interest-bearing debt is 68.0% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
64.27%
Below 49%
Money owed to the company is 64.3% of assets, above the 49% limit.
Fail
Revenue purity
1.68%
Below 5%
Only 1.7% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
Bloom Energy's business is in a permissible area, but its interest-bearing debt is about 68% of the company, well over the ~33% line, so it does not pass on the financial screens. Its receivables are also high.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
Fair value range in USD, drawn from the 2026-09-29 screen. The gold marker is the market price at the same screen. The price runs 32.2% above the base estimate.
Third-party analyst targets: 26 covering, consensus Buy. The average target sits +2% from the screen price.
Reading the gap · Both our model and the Street see limited upside at this price.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-29 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Clean power dreams meet stretched valuations here
Picture a data centre or factory that wants steady power without the grid. Bloom Energy sells fuel cell boxes that turn gas or hydrogen into electricity on site. Revenue is exploding at 130 percent yet the shares trade well above our fair value with a negative margin of safety.
The business carries a narrow moat and zero profit margin. Return on equity sits at just 1 percent while the forward multiple is 47 times. Analysts like the story and their median target sits higher, but the numbers show a company still burning cash to chase growth.
High valuation and thin returns leave little room for error on execution or fuel costs. Ethical screen passes yet opportunity rating stays at none. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
BE trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 27.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 104% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 983%. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (25 analysts) rates it buy, with a mean price target of $264. Insiders have been net sellers over the past quarter.
2026-08-23Markup$228.96+6.5%Entry 5
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 6.5% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 104% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 983%. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (25 analysts) rates it buy, with a mean price target of $264. Insiders have been net sellers over the past quarter.
2026-07-22Markup$214.96-17.4%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 17.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 104% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 983%. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (25 analysts) rates it buy, with a mean price target of $264.
2026-07-18Markup$260.22+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 104% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 983%. Our forward projection puts the odds of a 10% gain over the next month near 52%. The street (25 analysts) rates it buy, with a mean price target of $264.
2026-07-03Markup$260.22+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$260.22Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
