Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.
Third-quarter revenue rose 138% year over year, and adjusted EBITDA exceeded market consensus by 24%, as operating leverage began to emerge during the capacity expansion. But cash tied up in contract assets and higher capital expenditure turned quarterly free cash flow negative. Bernstein raised its price target to 306 dollars and maintained its Market-Perform rating.
Bernstein ·
Third-quarter revenue and adjusted EBITDA both exceeded market consensus, and Bloom Energy raised its full-year guidance for the third time this year. JPMorgan is optimistic about orders and economies of scale, but free cash flow was an outflow of 181 million dollars in the quarter, while lower peer valuations also brought the price target down to 292 dollars.
J.P. Morgan ·
Third-quarter revenue and EBITDA beat expectations, and Bloom raised its guidance for the third time this year. Morgan Stanley raised its price target on improved delivery prospects, but the manufacturing ramp weighed on near-term gross margin expectations, and operating cash flow was also significantly weaker than consensus.
Morgan Stanley ·
