Bloom Energy Corporation (BE) Fair Value & PE Analysis

Electrical Equipment & Parts · NYSE

Current Price

$228.08

PE Ratio (TTM)

127.8x

Intrinsic Value

$149.99

-52.1% margin of safety

What Is Bloom Energy Corporation's Fair Value?

As of 2026-10-28, applying a 50.0x earnings multiple to Bloom Energy Corporation's (BE) earnings per share of $1.79 yields a fair value estimate of $149.99 per share, versus a market price of $228.08.

Fair value from earnings multiples is sensitive to the multiple you choose. Across the sensitivity grid the estimate spans $130.61 to $171.55. This is a relative estimate anchored to earnings, not a statement of fact. For a cash flow based view, see the intrinsic value estimate on the DCF page.

How the PE model works · Recalculate in PE mode · BE intrinsic value (DCF view)

Is Bloom Energy Corporation (BE) Overvalued?

At $228.08, BE trades above its PE-based fair value estimate, meaning the market pays a premium over the applied earnings multiple. By this model the stock looks expensive unless earnings grow into the price.

Assessment by Charlie Wang, a former auditor

AI MOAT & RISK ANALYSIS
AI Generated · For Reference OnlyBE

COMPETITIVE MOAT

↑Proprietary Solid Oxide Technology

Bloom Energy's unique solid oxide fuel cell technology offers high efficiency and low emissions. This patented innovation creates a significant barrier to entry for competitors.

↑On-Site Power Generation Advantage

Providing reliable, on-site power for critical infrastructure like data centers offers a distinct advantage. This reduces reliance on grid instability and transmission losses.

↑Early Mover in Data Center Solutions

Bloom Energy's focus on serving the burgeoning AI and data center market positions them as an early leader. This allows for deep customer relationships and tailored solutions.

INVESTMENT RISKS

↓Dependence on High-Growth Sectors

Bloom Energy's significant exposure to the data center and AI markets makes it vulnerable to slowdowns or shifts in these specific industries. Diversification is key.

↓Capital Intensity and Project Execution

Deploying large-scale fuel cell projects requires substantial capital and faces execution risks. Delays or cost overruns can impact profitability and investor confidence.

↓Regulatory and Policy Uncertainty

Changes in government incentives, environmental regulations, or energy policies could impact the demand for Bloom Energy's products and services. Policy shifts create market volatility.

Base case

BE base case PE valuation

Intrinsic Value

$149.99

Margin of safety

-52.1%

Expected annual return

-8.0%

Base case assumptions: 20.0% annual earnings growth, 50x target PE, 10% discount rate, 5 year projection. Data as of 2026-10-28.

This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.

Customize the BE PE valuation

Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Bloom Energy Corporation respond.

Open PE Calculator for BE

Or try DCF Valuation for BE →

Company Overview

Bloom Energy Corporation engineers, produces, markets, and installs cutting-edge solid-oxide fuel cell systems designed for on-site electricity generation, serving clients both within the United States and internationally. Their core offering, the Bloom Energy Server, is an advanced power platform capable of converting various fuels, including natural gas, biogas, hydrogen, or a blend of these, directly into electricity using an electrochemical process that eliminates the need for combustion. The company provides its solutions to a wide array of critical infrastructure applications, such as data centers, hospitals, healthcare manufacturing and biotechnology facilities, grocery and hardware stores, banks, and telecommunication centers. Originally founded as Ion America Corp., the company adopted the name Bloom Energy Corporation in September 2006. Established in 2001, Bloom Energy Corporation's headquarters are situated in San Jose, California.

Financial Metrics — BE PE Stock Valuation Data

PE Ratio (TTM)

127.8x

PEG Ratio

n/m

Earnings Yield

0.79%

ROE (TTM)

39.6%

Revenue/Share (TTM)

$12.99

Debt/Equity

1.44x

Frequently Asked Questions

What is the PE ratio of BE?

The trailing twelve-month PE ratio of BE reflects how much investors pay per dollar of Bloom Energy Corporation's earnings. This metric is most useful when compared to Electrical Equipment & Parts peers and the company's own historical range.

Is BE overvalued based on PE ratio?

BE's PE of 127.8x combined with a PEG ratio of -0.00 provides a growth-adjusted perspective. BE has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Electrical Equipment & Parts, a DCF analysis may be more appropriate.

How do I value BE stock using PE ratio?

To value Bloom Energy Corporation using PE: (1) Compare the current PE (127.8x) against the Electrical Equipment & Parts median to assess relative pricing, (2) check the PEG ratio (-0.00) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.

What is the PEG ratio of BE?

BE's PEG ratio is -0.00, calculated by dividing the PE ratio (127.8x) by the expected earnings growth rate. Because BE has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. Note that PEG accuracy depends on the reliability of growth estimates.

Should I use PE ratio or DCF for BE stock valuation?

PE ratio gives a quick relative read — how BE is priced versus Electrical Equipment & Parts peers. DCF provides an absolute value based on projected free cash flows. For BE, with a strong ROE of 39.6%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.

Learn More

Related PE Valuations

All Industrials valuations

P/E and DCF value BE with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.

Price as of 2026-10-28. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.

This is an estimate, not investment advice.