Should You Buy Bloom Energy Before July 28 Earnings After Its 40% 1-Month Decline?

Bloom Energy’s sharp decline ahead of upcoming earnings is the article’s main theme, with the stock positioned as a potentially cheaper entry point after a steep one-month drop. The company (NYSE: BE) has fallen 43.32% over the past month to close at $185.81 on Friday, July 24, following a 40% pullback. It reports a $20.00 billion total backlog, including $14 billion in a service backlog tied to 10- to 15-year contracts with a 100% attach rate. In Q1 2026, revenue rose 130.37% year over year to $751.054 million, and guidance was lifted to $3.40 billion–$3.80 billion. Management’s forward outlook implies non-GAAP EPS of $1.85–$2.25 and adjusted EBITDA of $650 million–$800 million. The stock is also compared with GE Vernova and Plug Power. Key procurement demand references include Oracle’s Project Jupiter, a 2.45 GW block.