Bloom Energy posts record Q3 2026 results and lifts 2026 revenue outlook
Bloom Energy Corp reported third‑quarter 2026 revenue of $1.2358 billion, a 138.1% year‑over‑year increase, and operating income of $225.4 million. The company raised its fiscal‑year 2026 revenue guidance to a midpoint of about $4.5 billion, expanding the prior $4.4‑$4.6 billion range. Following the earnings release, the stock fell 11.24% to $193.30, while analysts reiterated Outperform ratings with price targets near $350.
Why it matters
The higher revenue guidance suggests faster top‑line growth, which could support the stock’s valuation despite the recent price drop. Analysts such as Evercore ISI maintain an Outperform rating and a $350 price target, indicating continued bullish sentiment.
Key facts
- 1Q3 2026 revenue was $1,235.8 million, up 138.1% YoY. gurufocus.com
- 2Operating income for Q3 2026 was $225.4 million. gurufocus.com
- 3Non‑GAAP EPS for Q3 2026 was $0.94 per share. gurufocus.com
- 4Bloom Energy raised its FY 2026 revenue guidance to a midpoint of approximately $4.5 billion. investing.com
- 5The FY 2026 revenue guidance range was $4.4 billion to $4.6 billion. tikr.com
- 6Shares closed at $193.30 after falling 11.24% the day after the earnings release. tikr.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.