Bloom Energy Corp Earnings Call: What could help sentiment?

研报英文原文证据摘录

Bloom Energy Corp Earnings Call: What could help sentiment?

Global Research

24 July 2026ab

Bloom Energy Corp Equities

United StatesEarnings Call: What could help sentiment?

Electric Components & Equipment

12-month rating Buy

What happened?

Bloom Energy shares have come under pressure following the release of two short-seller 12m price target US$350.00

reports that questioned the company's ability to scale and meet rising data center

demand. Investor concerns increased further as there were potential delays surrounding

Price (23 Jul 2026) US$217.30

a key project after a permit denial affecting a small section of a natural gas pipeline

intended to support the behind-the-meter power solution. We disagree with the core RIC: BE.N BBG: BE US

thesis presented in these reports and note the timing of their publication, as both were

Trading data and key metrics

released during Bloom's quiet period, limiting management's ability to respond directly.

52-wk range US$345.85-26.89

We believe the narrative could change when Bloom reports earnings on July 28. In our

view, it would be helpful to hear these concerns proactively addressed, including Market cap. US$61.2b

comments on manufacturing scalability, scandium availability (dependance on China), Shares o/s 282m (COM)

project timing, and any potential impact on guidance. Clear confirmation that the Free float 96%

permitting issue has not affected the order book or customer deployment timelines Avg. daily volume ('000) 2,592

would likely provide meaningful reassurance to investors. Avg. daily value (m) US$696.1

Common s/h equity (12/26E) US$1.39b

Scandium Availability - The Key Debate P/BV (12/26E) 44.3x

Both reports identified scandium availability as a key constraint to Bloom's ability to scale Net debt to EBITDA (12/26E) NM