Key Points
Bloom Energy (NYSE: BE) and Palantir Technologies (NASDAQ: PLTR) have seen substantial stock rallies over the past three years, with Bloom’s shares gaining 1,320% and Palantir’s up 1,110%. Analysts anticipate significant revenue growth for both companies, with Bloom projected to reach a $20 billion backlog by 2025 and an expected revenue growth rate of 70% CAGR from 2025 to 2028. Palantir’s revenue is expected to grow at a 58% CAGR during the same time frame.
As of 2024, Palantir has been profitable under GAAP standards since 2023, while Bloom is expected to achieve profitability by 2026. Bloom’s SOFC technology appeals to large tech firms for cleaner energy solutions in data centers, while Palantir’s analytics platforms support government and commercial clients, including major companies like Amazon and Apple.
Bloom Energy’s lower enterprise value of $59 billion reflects a valuation of 14 times sales and 66 times adjusted EBITDA, while Palantir’s $406 billion enterprise value corresponds to 50 times sales and 81 times adjusted EBITDA, suggesting Bloom may have more short-term growth potential.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
