Bloom Energy Corp Class A
BE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$59.00 | Jzjh | Jghnjpvy |
Bloom Energy Reiterates 2022 Guidance; Shares Fairly-Valued
We trim our fair value estimate for Bloom Energy to $21 per share from $22 following its third-quarter results. The driver of our decrease in fair value is tempering our margin outlook following management's commentary. We view Bloom's current risk-reward as balanced and await further commercial progress and continued margin improvement prior to recommending shares.