Bloom Energy Lifts Full-Year Revenue Guide to $3.9B–$4.2B Ahead of Q3
BE has more than doubled off its 52-week low of $75.7.
Summary
Bloom Energy guided Q3 revenue to roughly $1.06B, up about 104% year over year, with adjusted EPS near $0.70, and raised its full-year revenue range to $3.9B–$4.2B. That extends the upward revision from the July 28 Q2 report, when revenue hit $1.065B (+166% YoY) and full-year guidance was first lifted to the same $3.9B–$4.2B band. The Oracle link is the demand story: Bloom is the primary power provider for the Project Jupiter data center campus, though Oracle invoked force majeure on that New Mexico project on October 5, seeking payment deferrals — a live risk to the relationship. Shares slipped about 2% in overnight trading as investors weigh the stock's high P/E against peers into the print. The Q3 report itself is the next hard checkpoint on whether the raised guide holds.
At the time of this announcement, BE was trading at $226.99 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $66.6B. The 52-week trading range was $75.70 to $351.28. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.