Financial PerformanceThere is a general execution risk, including weaker margins and the potential failure to manage working capital, which could negatively impact Bloom Energy's performance.
Market UncertaintyThe stationary fuel cell and green hydrogen markets remain in their early stages, with the initial excitement following the IRA beginning to fade and large-scale project announcements becoming less certain.
Revenue OutlookThe big jump in Q4 revenues to hit guidance introduces risk as timing of financing agreements and/or customer orders could shift to 2025.