Should You Buy the Bloom Energy Stock Dip?

Bloom Energy's stock has pulled back after a sharp year, even as the company posted solid first-quarter results. Through June 9, BE was up 198% year-to-date but fell more than 13% in the past week. Q1 revenue rose 130% year over year to 751 million, with net income of 70.6 million versus a 23.8 million loss a year earlier. The valuation remains high, with a forward P/E near 143%, well above Nvidia’s 23%. Bloom counts Oracle, Comcast and Home Depot among customers, and its on-site power can deploy in roughly 90 days, a selling point for AI and cloud infrastructure.