Introduction
Bloom Energy Corporation (ticker: BE; Korean name: 블룸 에너지) designs and manufactures solid-oxide fuel cell systems—branded as Energy Servers—that generate electricity onsite from natural gas, biogas, or hydrogen. Founded in 2001 and headquartered in San Jose, California, the company’s technology offers combustion-free power generation, combined heat and power configurations, and compatibility with carbon-capture equipment. As of mid-2025, Bloom Energy has deployed over 1.5 gigawatts of capacity across more than 1,000 sites worldwide.
Corporate Structure
Bloom Energy is a public company traded on the New York Stock Exchange (NYSE). According to LinkedIn, it employs between 1,001 and 5,000 people across engineering, manufacturing, sales, and service. Major institutional holders include:
- Ameriprise Financial, Inc., with 30.1 million shares (12.9% of outstanding) as of October 7, 2025
- Columbia Management Investment Advisers, LLC, with 28.9 million shares (12.3%) as of October 7, 2025
- D. E. Shaw & Co., L.P., with 12.5 million shares (5.3%) as of September 26, 2025
- SK ecoplant Co., Ltd., with 10.9 million shares (4.7%) as of August 14, 2025

Fuel Cells by Maximalfocus
Recent Developments and News
On October 13, 2025, Bloom Energy’s shares closed at USD 108.19, reflecting a 24.54% increase from the prior session, with a trading volume of 1,343,702. In October 2025, the company announced a USD 5 billion partnership with Brookfield to provide onsite power for global AI infrastructure projects. Bloom Energy is scheduled to report third-quarter results on November 6, 2025.
Financial and Strategic Analysis
Bloom Energy’s market data and select metrics as of early October 2025:
Metric | Value |
---|---|
Share price | USD 108.19 |
Market capitalization (intraday) | USD 21.13 billion |
Price/Earnings (TTM) | 820.82× |
Forward P/E | 102.04× |
Price/Sales (TTM) | 12.41× |
Price/Book (MRQ) | 34.63× |
EV/Revenue | 13.21× |
EV/EBITDA | 153.71× |
Revenue (TTM) | USD 1.63 billion |
Net income (TTM) | USD 23.65 million |
Profit margin | 1.45% |
Return on assets (TTM) | 1.78% |
Return on equity (TTM) | 4.68% |
Total cash (MRQ) | USD 574.76 million |
Total debt/equity (MRQ) | 246.09% |
Levered free cash flow (TTM) | USD 4.08 million |
Bloom Energy’s valuation multiples reflect investor expectations for growth in distributed clean energy solutions, while its debt level and profit margins highlight the capital-intensive nature of fuel-cell manufacturing. The company offers financing and capital-expenditure options to customers and has positioned its Energy Servers for rapid deployment—typically within 90 days—with reliability levels ranging between three nines (99.9%) and five nines (99.999%).
Market Position and Industry Context
Bloom Energy operates in the onsite power generation sector, serving data centers, utilities, manufacturing, biotech, healthcare, retail, higher education, and telecom. The company’s solid-oxide technology distinguishes itself from combustion-based generators, targeting customers who prioritize reduced carbon emissions and energy security. Partnerships with Bank of America, American Electric Power, and Generate Capital support its positioning in capital markets and project finance. The collaboration with Brookfield addresses the growing demand for dedicated, reliable power at facilities with high energy requirements.
tl;dr
On October 13, 2025, Bloom Energy shares increased by 24.54% to USD 108.19. The company secured a USD 5 billion partnership with Brookfield to supply onsite power for AI infrastructure in October 2025. Major shareholders Ameriprise, Columbia Management, and D. E. Shaw collectively hold over 30% of the float. Bloom Energy will report third-quarter results on November 6, 2025.