Execution RisksThere is a general execution risk, including weaker margins and the potential failure to manage working capital, which could negatively impact Bloom Energy's performance.
Uncertainty In Deal ClosuresThere is uncertainty about whether Bloom Energy can close additional deals without the ITC safe harboring.
Valuation ConcernsBloom Energy's stock is trading at a high EV/FY2 EBITDA multiple compared to peers, suggesting better risk/reward elsewhere.