Bloom Energy Corporation (BE): fair value, margin of safety and Wheel Score

Is BE undervalued?

BE closed at 236.30 on 16 Oct 2026, more than 30% above the GLS average fair value of 38.98. Only 0 of the 7 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.

There is a wide gap between EPV (9.47) and Payback Time (84.40). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

The nightly engine files BE under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.

Nine valuation models for BE

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

Quality and financial health

Bloom Energy Corporation scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 2.4/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.

Returns on capital are thin or negative - ROIC -2.4%, ROE -11.5%, ROA -2.0% - with debt at 3.89 times equity and a free-cash-flow yield of 0.9%. Debt of 3.89 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.

Bloom Energy Corporation pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Product 88%, Service 7%, Installation 5% (quarter Q2 FY2026).

Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 10/10 on the GLS smart-money scales; the last recorded Congressional buy was on 25 Sep 2026.

Wheel Score 42: Weak

With a Wheel Score of 42 Bloom Energy Corporation sits in the Weak band. The parts - Value 0/25, Health 11/20, Moat 4/15, Premium 13/20, Stability 14/20 - show where: Value (0/25) scores lowest.

Implied volatility is 86% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (13 of 20) because volatility this high usually comes with a reason. The option chain is deep: 421,634 contracts of open interest across all expiries, which means tight fills at most strikes.

Volume runs at 17.5M shares a day on a market cap of $69.6B, with a beta of 3.77 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 14 of 20.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.

Upcoming events

Bloom Energy Corporation reports earnings on 22 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Electrical Equipment & Parts

The 12 companies below are the closest to Bloom Energy Corporation by market cap within the Electrical Equipment & Parts industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare BE with 7 of them   All Industrials stocks →