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Analyzing Bloom Energy (NYSE:BE) and Rice Acquisition Corp. II (NYSE:RONI)

Defense World ·  Mar 21, 2023 14:20

Bloom Energy (NYSE:BE – Get Rating) and Rice Acquisition Corp. II (NYSE:RONI – Get Rating) are both oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, institutional ownership and risk.

Analyst Ratings

This is a summary of recent ratings and price targets for Bloom Energy and Rice Acquisition Corp. II, as reported by MarketBeat.

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Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bloom Energy 0 5 9 1 2.73
Rice Acquisition Corp. II 0 0 0 0 N/A

Bloom Energy currently has a consensus target price of $30.40, suggesting a potential upside of 76.74%. Given Bloom Energy's higher possible upside, equities analysts clearly believe Bloom Energy is more favorable than Rice Acquisition Corp. II.

Earnings & Valuation

This table compares Bloom Energy and Rice Acquisition Corp. II's revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Bloom Energy $1.20 billion 2.96 -$301.41 million ($1.65) -10.42
Rice Acquisition Corp. II N/A N/A $4.07 million N/A N/A

Rice Acquisition Corp. II has lower revenue, but higher earnings than Bloom Energy.

Institutional & Insider Ownership

79.6% of Bloom Energy shares are owned by institutional investors. Comparatively, 22.5% of Rice Acquisition Corp. II shares are owned by institutional investors. 2.8% of Bloom Energy shares are owned by company insiders. Comparatively, 20.0% of Rice Acquisition Corp. II shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Bloom Energy and Rice Acquisition Corp. II's net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Bloom Energy -25.14% -194.49% -10.48%
Rice Acquisition Corp. II N/A -17.93% 1.21%

About Bloom Energy

(Get Rating)

Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.

About Rice Acquisition Corp. II

(Get Rating)

Rice Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Carnegie, Pennsylvania.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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