BLOOM ENERGY:2024年盈利及现金流首次转正 IDC有望带动公司订单增长进入拐点

中信建投证券
28 May

核心观点公司深耕固体氧化物技术布局SOFC/SOEC,2024 年实现调整后归母净利润及现金流首次转正,经营能力进入拐点。我们认为公司未来公司营收利润持续增长的核心优势在于:1)在手订单充足,数据中心业务成为拉动订单增长的核心动力;2)政策上无惧IRA 变更,安全港条款可提供120-150 亿美元中期订单, 电解质核心材料进入关税豁免清单;3)当前产能预计支持26-27 年交付,产品销售量、利趋势...

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