Bloom Energy (BE)

Company Profile

Bloom Energy's mission is to make clean, reliable energy affordable for everyone in the world. The company's product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom's customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries.

Company profile

Ticker

BE, 0A4L

Exchange

NYSE

Website

www.bloomenergy.com

CEO

K. R. Sridhar

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Manufacturing > Motor and Generator Manufacturing

Industry (SIC)

Electrical Industrial Apparatus

GrafTech International • Woodward • Hollysys Automation Technologies • Thermon • Fuelcell Energy • China Carbon Graphite • Plug Power • SCI Engineered Materials • Hyzon Motors • Rice Acquisition Corp II ...

SEC CIK

0001664703

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Clean Technologies III, LLC • 2012 V PPA HoldCo, LLC • 2012 ESA Project Company, LLC • Clean Technologies 2014, LLC • 2014 ESA HoldCo, LLC • 2014 ESA Project Company, LLC • Clean Technologies 2015, LLC • 2015 ESA HoldCo, LLC • 2015 ESA Project Company, LLC • BE Development, Inc. ...

IRS number

770565408

BE stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$29.00

Low target

$22.00

High target

$35.00

Latest filings (excl ownership)

View all

3 Nov 22

Bloom Energy Announces Third Quarter 2022 Financial Results

3 Nov 22

8-K

Entry into a Material Definitive Agreement

19 Aug 22

424B5

Prospectus supplement for primary offering

17 Aug 22

424B5

Prospectus supplement for primary offering

16 Aug 22

8-K

Amendments to Articles of Incorporation or Bylaws

9 Aug 22

Bloom Energy Announces Second Quarter 2022 Financial Results

9 Aug 22

S-8

Registration of securities for employees

9 Aug 22

Transcripts

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Earnings call transcript

2022 Q3

4 Nov 22

Earnings call transcript

2022 Q2

9 Aug 22

Earnings call transcript

2022 Q1

6 May 22

Earnings call transcript

2021 Q4

11 Feb 22

Earnings call transcript

2021 Q3

5 Nov 21

Earnings call transcript

2021 Q2

5 Aug 21

Earnings call transcript

2021 Q1

6 May 21

Earnings call transcript

2020 Q4

11 Feb 21

Earnings call transcript

2020 Q3

29 Oct 20

Earnings call transcript

2020 Q2

28 Jul 20

Latest ownership filings

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SHAWN MARIE SODERBERG

SHAWN MARIE SODERBERG

19 Dec 22

KR Sridhar

19 Dec 22

Financial summary

Financial statements Chart BE financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	669.32 mm	669.32 mm	669.32 mm	669.32 mm	669.32 mm	669.32 mm
Cash burn (monthly)	(no burn)	(no burn)	20.02 mm	25.96 mm	23.31 mm	10.10 mm
Cash used (since last report)	n/a	n/a	81.62 mm	105.83 mm	95.06 mm	41.17 mm
Cash remaining	n/a	n/a	587.70 mm	563.49 mm	574.27 mm	628.15 mm
Runway (months of cash)	n/a	n/a	29.4	21.7	24.6	62.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

BE institutional ownership history Ownership history

91.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	303	288	+5.2%
Opened positions	55	37	+48.6%
Closed positions	40	52	-23.1%
Increased positions	110	101	+8.9%
Reduced positions	85	79	+7.6%

13F shares	Current	Prev Q	Change
Total value	3.23 bn	2.58 bn	+25.5%
Total shares	164.26 mm	150.93 mm	+8.8%
Total puts	1.45 mm	813.60 k	+77.7%
Total calls	2.38 mm	1.35 mm	+76.7%
Total put/call ratio	0.6	0.6	+0.5%

Largest owners	Shares	Value	Change
SK ecoplant	23.49 mm	$497.08 mm	0.0%
BLK Blackrock	20.93 mm	$418.30 mm	+8.8%
AMP Ameriprise Financial	20.71 mm	$414.05 mm	-1.3%
Vanguard	16.26 mm	$325.03 mm	+12.8%
New Enterprise Associates 10 L P	13.30 mm	$188.41 mm	0.0%
Clearbridge Advisors	5.53 mm	$110.64 mm	+42.7%
JPM JPMorgan Chase & Co.	3.33 mm	$66.53 mm	-3.0%
Geode Capital Management	3.09 mm	$61.86 mm	+7.7%
MS Morgan Stanley	2.47 mm	$49.38 mm	-6.2%
Amundi	2.23 mm	$45.85 mm	+123.9%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-3.77 mm	EXIT
Vanguard	16.26 mm	+1.84 mm	+12.8%
BLK Blackrock	20.93 mm	+1.70 mm	+8.8%
Clearbridge Advisors	5.53 mm	+1.66 mm	+42.7%
Two Sigma Investments	2.17 mm	+1.64 mm	+311.2%
Discovery Capital Management, LLC / CT	1.45 mm	+1.45 mm	NEW
Amundi	2.23 mm	+1.23 mm	+123.9%
Victory Capital Management	1.27 mm	+1.21 mm	+1894.6%
D. E. Shaw & Co.	1.21 mm	+1.10 mm	+952.8%
Two Sigma Advisers	1.79 mm	+1.09 mm	+158.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Jan 23	Moore Sharelynn Faye	Class A Common Stock	Sell	Dispose S	No	Yes	25	3,963	99.08 k	78,954
17 Jan 23	Moore Sharelynn Faye	Class A Common Stock	Sell	Dispose S	No	Yes	23.21	26,833	622.79 k	82,917
17 Jan 23	Guillermo Brooks	Class A Common Stock	Sell	Dispose S	No	No	23.48	5,888	138.25 k	41,294
17 Jan 23	Soderberg Shawn Marie	Class A Common Stock	Sell	Dispose S	No	Yes	23.21	26,837	622.89 k	387,756
15 Jan 23	Moore Sharelynn Faye	Class A Common Stock	Option exercise	Acquire M	No	No	0	50,000	0.00	109,750
15 Jan 23	Moore Sharelynn Faye	Class A Common Stock	Option exercise	Acquire M	No	No	0	16,470	0.00	59,750
15 Jan 23	Moore Sharelynn Faye	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	50,000	0.00	0
15 Jan 23	Moore Sharelynn Faye	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	16,470	0.00	32,942
15 Jan 23	Guillermo Brooks	Class A Common Stock	Option exercise	Acquire M	No	No	0	16,940	0.00	47,182
15 Jan 23	Guillermo Brooks	Class A Common Stock	Option exercise	Acquire M	No	No	0	6,250	0.00	30,242