These Analysts Raise Their Forecasts On Bloom Energy Following Better-Than-Expected Q1 Results

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Bloom Energy Corp (NYSE:BE) posted upbeat financial results for the first quarter after the market close on Tuesday.

Bloom Energy reported first-quarter revenue of $751.05 million, beating analyst estimates of $551.56 million, according to Benzinga Pro. The company reported first-quarter adjusted earnings of 44 cents per share, beating estimates of 13 cents per share.

“We at Bloom are ushering in the era of digital power for the digital age. Bloom is rapidly becoming the standard and ‘go-to choice’ for on-site power,” said KR Sridhar, founder, chairman and CEO of Bloom Energy.

Bloom Energy raised its full-year 2026 revenue guidance from a range of $3.10 billion to $3.30 billion to a new range …

Full story available on Benzinga.com

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