Bloom Energy (NYSE:BE) Stock Price Up 1.5% – Time to Buy?
by Mitch Edgeman · The Markets DailyBloom Energy Corporation (NYSE:BE – Get Free Report)’s stock price shot up 1.5% during trading on Tuesday . The stock traded as high as $284.25 and last traded at $276.9670. 10,413,124 shares changed hands during trading, a decline of 19% from the average daily volume of 12,916,254 shares. The stock had previously closed at $272.89.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy’s fuel-cell backlog, approvals from major hyperscalers and a Brookfield financing agreement are strengthening the company’s position as a potential solution to AI-related power shortages. Reports also cite a conditional U.S. Army award for long-term power-generation leases involving an Indelible-Bloom coalition. Can Bloom Energy Pop the Top Off AI’s Massive Energy Bottleneck? BE Stock Jumps Premarket Ahead of S&P 500 Inclusion
- Positive Sentiment: Analyst commentary remains favorable: Bloom compares well with Ballard Power Systems on earnings growth and profitability, while its strong recent share performance reinforces the bullish clean-energy investment case. BE vs. BLDP: Which Clean Energy Stock Has Stronger Growth Potential?
- Neutral Sentiment: Bloom Energy’s strong momentum is attracting attention after a roughly 38% one-month advance and a gain of more than 200% over the past year. However, the stock’s very high earnings multiple means investors may increasingly demand sustained execution and additional contract wins. Bloom Energy Just Ripped 38% in a Month
- Negative Sentiment: Several law firms are publicizing a securities-fraud class action covering investors who purchased Bloom Energy securities from February 27, 2025, through July 8, 2026. The September 28 lead-plaintiff deadline increases near-term legal and headline risk, although the announcements do not establish wrongdoing. Portnoy Law Firm Announces Class Action
- Negative Sentiment: Reports of multiple Bloom Energy insiders selling shares worth hundreds of thousands of dollars could weigh on sentiment, particularly after the stock’s substantial run-up. Bloom Energy Insider Selling Report
Wall Street Analyst Weigh In
BE has been the topic of several research reports. Royal Bank Of Canada restated an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research report on Wednesday, June 10th. Sanford C. Bernstein reiterated a “market perform” rating and set a $282.00 price target on shares of Bloom Energy in a research report on Thursday, August 27th. Susquehanna increased their price objective on Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lowered their target price on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $254.14.
Bloom Energy Trading Up 1.5%
The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a fifty day moving average price of $226.43 and a two-hundred day moving average price of $230.72. The firm has a market capitalization of $81.58 billion, a price-to-earnings ratio of 369.29, a PEG ratio of 3.40 and a beta of 3.80.
Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same quarter last year, the firm earned $0.10 earnings per share. The business’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts forecast that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, insider Aman Joshi sold 3,601 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $269.94, for a total transaction of $972,053.94. Following the transaction, the insider owned 155,529 shares of the company’s stock, valued at approximately $41,983,498.26. The trade was a 2.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey R. Immelt sold 30,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This represents a 12.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 89,604 shares of company stock worth $21,948,262. 3.00% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Bloom Energy
Several institutional investors and hedge funds have recently bought and sold shares of BE. Continuum Advisory LLC purchased a new stake in shares of Bloom Energy during the 2nd quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. increased its stake in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after acquiring an additional 37 shares during the last quarter. Markowski Investments purchased a new stake in Bloom Energy in the second quarter valued at $37,000. Bogart Wealth LLC raised its position in Bloom Energy by 725.0% in the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock valued at $40,000 after purchasing an additional 116 shares during the period. Finally, Carolina Wealth Advisors LLC lifted its stake in shares of Bloom Energy by 51.7% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after purchasing an additional 46 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.
Bloom Energy Company Profile
Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.
The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.