Bloom Energy Corp
- Industry
- AI Compute Energy
- Exchange
- US
- Country
- USA
- IPO date
- Jul 25, 2018
- Employees
- 2,000
- Website
- www.bloomenergy.com
Composite valuation range · conservative $20–$35 / fair $45–$75 / optimistic $90–$130. At $188.18, Above the optimistic ceiling · future growth overdrawn.
At publication $261.34 (May 20, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen. It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
History
Bloom Energy was incorporated in 2001, originally under the name Ion America Corp., and was renamed Bloom Energy Corporation in 2006. The company is headquartered in San Jose, California, and completed its IPO on July 25, 2018. Subsequent milestones reflected in financing and partnership structures include a 1GW supply framework with AEP in 2024 and a five-year financing framework of up to $5 billion supported by Brookfield in 2025. In 2025 the company issued $2.5 billion of 0% convertible notes and conducted exchange transactions, including a November 2025 exchange that issued 24.3 million and 18.11 million Class A shares to 2028/2029 convertible noteholders.
Industry position
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation, defining itself as a global leader in onsite power generation. Its main products are the Bloom Energy Server for power generation and the Bloom Electrolyzer for producing hydrogen, serving data centers, semiconductors, AI infrastructure, utilities, and other industries. By the end of 2025 it had deployed across roughly 1,100 sites in 9 countries with 2,214 employees, and reported FY2025 revenue of about $2.024 billion (TTM about $2.449 billion). Competitors include large power-equipment and gas-turbine providers such as GE Vernova and Siemens Energy. As of the end of 2025 it held 380 active U.S. patents and 252 active international patents.