Bloom Energy (NYSE:BE – Get Free Report) and Enovix (NASDAQ:ENVX – Get Free Report) are both energy companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, profitability, valuation and risk.
Institutional and Insider Ownership
77.0% of Bloom Energy shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 3.5% of Bloom Energy shares are owned by company insiders. Comparatively, 14.1% of Enovix shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Risk & Volatility
Bloom Energy has a beta of 3.01, meaning that its share price is 201% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.13, meaning that its share price is 113% more volatile than the S&P 500.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Bloom Energy | 3 | 10 | 10 | 1 | 2.38 |
| Enovix | 1 | 3 | 5 | 0 | 2.44 |
Bloom Energy currently has a consensus price target of $103.14, suggesting a potential downside of 32.14%. Enovix has a consensus price target of $17.50, suggesting a potential upside of 142.38%. Given Enovix’s stronger consensus rating and higher probable upside, analysts plainly believe Enovix is more favorable than Bloom Energy.
Valuation and Earnings
This table compares Bloom Energy and Enovix”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Bloom Energy | $1.47 billion | 24.39 | -$29.23 million | N/A | N/A |
| Enovix | $23.07 million | 67.54 | -$222.24 million | ($0.81) | -8.91 |
Bloom Energy has higher revenue and earnings than Enovix.
Profitability
This table compares Bloom Energy and Enovix’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Bloom Energy | 0.84% | 8.74% | 2.08% |
| Enovix | -525.93% | -61.78% | -25.41% |
Summary
Bloom Energy beats Enovix on 10 of the 14 factors compared between the two stocks.
About Bloom Energy
Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion. It sells its products through direct and indirect sales channels to utilities, data centers, agriculture, retail, hospitals, higher education, biotech, and manufacturing industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
About Enovix
Enovix Corporation designs develops and manufactures silicon-anode lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.
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