BE vs. NKLA

Last updated Jun 13, 2026

BE (Bloom Energy Corporation) and NKLA (Nikola Corporation) are both stocks. BE operates in Electrical Equipment & Parts (Industrials), while NKLA operates in Auto Manufacturers (Consumer Cyclical).

Performance

BE vs. NKLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bloom Energy Corporation (BE) and Nikola Corporation (NKLA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BE

• 1D: 4.56%
• 1M: -5.70%
• YTD: 199.48%
• 6M: 173.97%
• 1Y: 1,085.51%
• 3Y*: 145.16%
• 5Y*: 59.08%
• 10Y*: —

NKLA

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BE vs. NKLA - Yearly Performance Comparison

	2026 (YTD)
BE Bloom Energy Corporation	90.50%
NKLA Nikola Corporation	0.00%

Fundamentals

Total Revenue (TTM) BE : $2.45B NKLA : $68.86M
Gross Profit (TTM) BE : $761.91M NKLA : -$254.24M
EBITDA (TTM) BE : $88.83M NKLA : -$887.58M

Return for Risk

BE vs. NKLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BE

BE Risk / Return Rank: 99
BE Sharpe Ratio Rank: 100
BE Sortino Ratio Rank: 98
BE Omega Ratio Rank: 97
BE Calmar Ratio Rank: 100
BE Martin Ratio Rank: 100

NKLA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BE vs. NKLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and Nikola Corporation (NKLA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BE	NKLA	Difference
Sharpe ratio: Return per unit of total volatility	10.05	—	—
Sortino ratio: Return per unit of downside risk	4.90	—	—
Omega ratio: Gain probability vs. loss probability	1.62	—	—
Calmar ratio: Return relative to maximum drawdown	23.53	—	—
Martin ratio: Return relative to average drawdown	73.01	—	—

Drawdowns

BE vs. NKLA - Drawdown Comparison

The maximum BE drawdown since its inception was -92.54%, which is greater than NKLA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BE and NKLA.

Drawdown Indicators

	BE	NKLA	Difference
Max Drawdown Largest peak-to-trough decline	-92.54%	0.00%	-92.54%
Max Drawdown (1Y) Largest decline over 1 year	-45.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-53.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-75.87%	—	—
Current Drawdown Current decline from peak	-15.48%	0.00%	-15.48%
Average Drawdown Average peak-to-trough decline	-51.91%	0.00%	-51.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.78%	—	—

Volatility

Volatility by Period

	BE	NKLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	75.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	107.62%	0.00%	+107.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.95%	0.00%	+85.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.68%	0.00%	+95.68%

Dividends

BE vs. NKLA - Dividend Comparison

Neither BE nor NKLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials