Prediction: Bloom Energy Doubles Its Revenue Again by 2029. Here's the Math.
The fuel cell maker just guided for revenue to double this year. Doubling again by 2029 requires less than you might think.
Overview
Bloom Energy (NYSE: BE) delivered one of the week's most striking earnings reports. On Tuesday, the fuel cell maker posted record second-quarter results and raised its full-year revenue guidance to $3.9 billion to $4.2 billion -- a range whose midpoint is double the company's 2025 revenue.
Bloom builds solid-oxide fuel cell systems that generate electricity on-site, which lets a data center start drawing power without waiting years for a grid connection. That product has put the company in the middle of the AI (artificial intelligence) build-out, and the numbers now reflect it.
Details
So here's my prediction: Bloom doubles its revenue again (from about $4 billion this year to about $8 billion) by the end of 2029. That sounds aggressive after a stock run as hot as this one. But the arithmetic says otherwise. Let's walk through it.
Source
Originally published at www.fool.com.