Every Bloom Energy Investor Should Keep an Eye on This Number
Off to a powerful start in 2025, shares of fuel cell developer Bloom Energy (NYSE: BE) soared nearly 20% through Jan. 25 on investors' growing enthusiasm that hydrogen will help meet the steep power demands that artificial intelligence (AI) is placing on data centers. Investors gained insight into China's AI model DeepSeek on Jan. 27, however, and shares of various AI-related stocks, including Bloom Energy, plunged.But prospective investors would be shortsighted to focus solely on the stock price. Instead, they should turn their attention to the company's income statement, choosing to monitor its operating income for a good source of insight into the company's worthiness as an investment.Distinguishing itself from hydrogen peers, such as Plug Power, Bloom Energy has consistently generated a gross profit over the past five years. In fact, the company even expanded its gross profit margin on a generally accepted accounting principles (GAAP) basis in 2023 to 14.8% -- a 240-basis-point increase over that 12.4% gross profit margin it reported in 2022.Continue reading
Off to a powerful start in 2025, shares of fuel cell developer Bloom Energy (NYSE: BE) soared nearly 20% through Jan. 25 on investors' growing enthusiasm that hydrogen will help meet the steep power demands that artificial intelligence (AI) is placing on data centers. Investors gained insight into China's AI model DeepSeek on Jan. 27, however, and shares of various AI-related stocks, including Bloom Energy, plunged.
But prospective investors would be shortsighted to focus solely on the stock price. Instead, they should turn their attention to the company's income statement, choosing to monitor its operating income for a good source of insight into the company's worthiness as an investment.
Distinguishing itself from hydrogen peers, such as Plug Power, Bloom Energy has consistently generated a gross profit over the past five years. In fact, the company even expanded its gross profit margin on a generally accepted accounting principles (GAAP) basis in 2023 to 14.8% -- a 240-basis-point increase over that 12.4% gross profit margin it reported in 2022.
