Bloom Energy (NYSE:BE) Hits New 12-Month High – What’s Next?
by Doug Wharley · The Cerbat GemBloom Energy Corporation (NYSE:BE – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $233.81 and last traded at $227.6610, with a volume of 2230870 shares. The stock had previously closed at $218.27.
Bloom Energy News Roundup
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Zacks analyst note: Zacks highlights Bloom pulling ahead of Plug Power on stronger growth forecasts, higher returns and surging shares as clean-energy and AI data-center demand accelerates. The Zacks Analyst Blog Bloom Energy and Plug Power
- Positive Sentiment: Comparative write-up (Yahoo Finance): coverage argues Bloom’s Energy Server is well positioned for AI data-center on-site power demand and shows stronger estimate gains, ROE and liquidity than Plug Power—supporting a re-rating versus hydrogen peers. Bloom Energy vs. Plug Power: Which Clean Energy Bet Looks Stronger?
- Positive Sentiment: Investor lists and momentum pieces: multiple outlets (MarketBeat/InsiderMonkey/Yahoo) include BE among top AI data-center names, citing Oracle contract expansion, institutional buying and a three‑year backlog that supports near-term revenue visibility. Inclusion on these lists is attracting new investor attention. Bloom Energy Corporation (BE): AI Power Holding Attracting Elite Investors
- Positive Sentiment: MarketBeat / Navellier piece: names Bloom as one of five stocks positioned to win the AI data-center buildout, emphasizing the structural demand for on-site power and recent order/backlog dynamics that underpin revenue momentum. 5 Stocks Positioned to Win the AI Data Center Buildout
- Neutral Sentiment: Valuation caveat: several articles note Bloom’s share gains have pushed it well above many analyst price targets and that the stock is “extended,” so upside depends on continued estimate revisions and backlog-to-revenue conversion. 5 Stocks Positioned to Win the AI Data Center Buildout
Wall Street Analyst Weigh In
A number of research firms have weighed in on BE. Wells Fargo & Company upped their price objective on shares of Bloom Energy to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, February 6th. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. upped their price objective on shares of Bloom Energy to $231.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, January 27th. Finally, Citigroup began coverage on shares of Bloom Energy in a research report on Tuesday, February 24th. They set a “neutral” rating and a $162.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.64.
View Our Latest Stock Analysis on BE
Bloom Energy Price Performance
The stock’s 50-day moving average price is $156.89 and its 200 day moving average price is $129.92. The firm has a market capitalization of $63.49 billion, a price-to-earnings ratio of -597.36, a PEG ratio of 8.35 and a beta of 3.18. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54.
Bloom Energy (NYSE:BE – Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The business had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities research analysts expect that Bloom Energy Corporation will post 1 earnings per share for the current fiscal year.
Insider Buying and Selling at Bloom Energy
In related news, insider Maciej Kurzymski sold 7,800 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the completion of the sale, the insider owned 84,294 shares of the company’s stock, valued at approximately $12,800,043.90. This represents a 8.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Aman Joshi sold 10,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the completion of the sale, the insider directly owned 180,521 shares of the company’s stock, valued at $24,529,193.48. This represents a 5.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 455,092 shares of company stock valued at $78,564,475 over the last ninety days. 3.50% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Bloom Energy
A number of hedge funds have recently modified their holdings of BE. Bayforest Capital Ltd purchased a new stake in shares of Bloom Energy in the first quarter valued at about $2,055,000. AQR Capital Management LLC purchased a new stake in shares of Bloom Energy in the first quarter valued at about $1,820,000. NewEdge Advisors LLC grew its holdings in shares of Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after purchasing an additional 1,626 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after purchasing an additional 836,810 shares during the period. Finally, Focus Partners Wealth grew its holdings in shares of Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after purchasing an additional 4,716 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.
Bloom Energy Company Profile
Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.
Founded in 2001 by Dr.