Bloom Energy (NYSE:BE) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of Bloom Energy (NYSE:BE – Free Report) from a hold rating to a buy rating in a research report report published on Sunday,Wall Street Zen reports.

BE has been the topic of several other reports. Clear Str raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Evercore reissued an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. Mizuho upgraded shares of Bloom Energy from a “neutral” rating to an “outperform” rating and lowered their price target for the stock from $285.00 to $242.00 in a research report on Thursday, July 30th. Truist Financial lowered their price target on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and an average price target of $249.18.

Check Out Our Latest Report on Bloom Energy

Bloom Energy Stock Performance

Shares of BE stock opened at $276.10 on Friday. The company has a market cap of $81.32 billion, a P/E ratio of 368.13, a PEG ratio of 3.46 and a beta of 3.80. The business has a 50 day moving average of $225.92 and a two-hundred day moving average of $223.95. Bloom Energy has a 52 week low of $52.00 and a 52 week high of $351.28. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the prior year, the firm earned $0.10 EPS. The business’s quarterly revenue 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, analysts anticipate that Bloom Energy will post 1.92 EPS for the current year.

Insider Transactions at Bloom Energy

In other news, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the transaction, the director owned 208,333 shares of the company’s stock, valued at approximately $52,083,250. This represents a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Jeffrey R. Immelt sold 30,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director directly owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. The trade was a 12.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,464 shares of company stock worth $22,131,255 over the last quarter. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

Several institutional investors have recently bought and sold shares of the stock. California State Teachers Retirement System increased its stake in Bloom Energy by 39,637.2% during the 2nd quarter. California State Teachers Retirement System now owns 123,526,724 shares of the company’s stock valued at $37,391,539,000 after buying an additional 123,215,865 shares during the period. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy in the 4th quarter worth approximately $347,560,000. Norges Bank bought a new position in shares of Bloom Energy in the fourth quarter valued at approximately $239,683,000. Jennison Associates LLC boosted its holdings in shares of Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after acquiring an additional 2,673,710 shares in the last quarter. Finally, Amundi increased its stake in shares of Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Key Headlines Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

  • Positive Sentiment: S&P 500 inclusion is the primary catalyst. Bloom Energy will join the index before the market opens on September 21. The change is expected to generate demand from index-tracking funds and increase the company’s visibility among institutional investors. Bloom Energy Rallies on News of S&P 500 Addition
  • Positive Sentiment: AI data-center demand is strengthening the growth outlook. Analysts and financial commentators say Bloom’s fuel-cell systems can provide fast, scalable, on-site power for hyperscale data centers, where grid constraints and permitting delays are increasing demand for alternative solutions. Recent coverage cited record second-quarter revenue above $1 billion, 165.5% year-over-year growth, strong gross margins and higher full-year guidance. Bloom Energy Could See An AI-Memory-Style Frenzy
  • Positive Sentiment: Momentum and estimates remain favorable. BE has outperformed its industry recently, while improving EPS forecasts and investor interest in AI infrastructure have helped reinforce the bullish narrative. The company’s prior quarterly earnings also exceeded consensus estimates on both earnings and revenue.
  • Neutral Sentiment: Valuation leaves little room for disappointment. Commentary noted that the stock has risen sharply over the past year and now trades at a premium valuation. Future performance will depend on whether AI-related orders, backlog growth and earnings expansion can justify the current price.
  • Negative Sentiment: Multiple law firms are promoting a securities class action against Bloom Energy. The lawsuits and investor alerts allege that the company misrepresented its exposure to a China-linked scandium supply chain, despite statements that it had no China supply chain. The lead-plaintiff deadline is September 28, 2026. The allegations have not been proven, but the litigation creates reputational, legal and potential financial risks. Bloom Energy Securities Class Action Alert

Bloom Energy Company Profile

(Get Free Report)

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.

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