Bloom Energy (BE) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.94
- Estimate
- $0.68
- Surprise
- +39.1%
- Revenue (period 2026-09-30)
- $1.23B
- Score at report (before → after)
- 5.6 → 5.8/10
Revenue source: xbrl.
How the report landed
Bloom Energy (BE) beat the $0.68 estimate with adjusted EPS of $0.94 — a large 39.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.6/10) to Sell at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BE Sell at 5.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +39.1% surprise compares with a +106.0% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Concentration risk — Supplier: sole suppliers
- Sector modifier (Industrials): -0.7
- Leverage penalty (D/E 1.7): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $195.17
- Price target
- $256.58
- Stop
- $184.51
- Upside to target
- +31.5%
- Reward-to-risk
- 2.1:1
The stock trades at 286.5× trailing but 44.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 23 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.
BE at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Electrical Equipment & Parts
- Market cap
- $64.14B
- P/E (fwd)
- 44.1
- P/E (ttm)
- 286.5
- 52-week range
- $75.70–$351.28
- Off 52-week high
- 44.4%
- RSI (14)
- 23
- Volume vs avg
- 0.44×
- Score today
- 5.7/10