Is Bloom Energy (BE) One of the Best Growth Stocks for the Next 2 Years

Bloom Energy Corporation (NYSE:BE) is one of the best growth stocks to invest in for the next 2 years. On April 28, Bloom Energy reported a record Q1 2026, with total revenue reaching $751.1 million, a 130.4% increase compared to the $326.0 million reported in the same period last year. This performance was fueled by a 208.4% surge in product revenue, which climbed to $653.3 million. The company also achieved a positive GAAP operating income of $72.2 million, a significant turnaround from the operating loss recorded in the first quarter of 2025.

Profitability metrics showed notable improvement, with GAAP gross margin rising to 30% and non-GAAP gross margin reaching 31.5%. Service gross margins also saw a substantial year-over-year increase, jumping 12 percentage points to 13.3%. On a non-GAAP basis, operating income rose to $129.7 million, while the company generated $73.6 million in cash flow from operating activities, representing a $184.3 million improvement over the prior year’s first quarter.

Image Credit: Pixabay

Following these results, Bloom Energy Corporation (NYSE:BE) raised its full-year 2026 financial guidance, now projecting annual revenue between $3.4 billion and $3.8 billion. This updated outlook anticipates a revenue growth midpoint of ~80%, up from the previous estimate of 60%. Additionally, the company increased its non-GAAP operating income guidance to a range of $600 million to $750 million and expects non-GAAP EPS to fall between $1.85 and $2.25 for the fiscal year.

Bloom Energy Corporation (NYSE:BE) is an electrical equipment & parts company that specializes in solid oxide fuel cell systems for on-site power generation. The company also provides the Bloom Energy Server to convert fuel into electricity.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.