Will Bloom Energy Be the Next SpaceX? What the Numbers Actually Say.
This green energy play has significant upside potential.
Overview
Bloom Energy (NYSE: BE), a developer of solid oxide fuel cells (SOFCs), didn't generate much buzz when it went public eight years ago. Many investors dismissed it as a niche green energy play with lumpy revenue growth and steep losses.
But over the past two years, Bloom's stock has skyrocketed 1,780%, boosting its enterprise value to $64 billion. Let's see why it soared, and if it might attract as much attention as SpaceX (NASDAQ: SPCX) -- which is still languishing near its IPO price -- in the near future.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.