Bloom Energy (NYSE:BE) Stock Price Down 1.1% – Time to Sell?

Bloom Energy Corporation (NYSE:BE) shares dropped 1.1% on Thursday . The company traded as low as $286.27 and last traded at $290.4560. Approximately 7,644,079 shares were traded during trading, a decline of 31% from the average daily volume of 11,081,027 shares. The stock had previously closed at $293.80.

More Bloom Energy News

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

• Positive Sentiment: Daiwa upgraded Bloom Energy to Outperform from Hold and lifted its price target to $324, citing an inflection in orders, capacity, and margins that could support stronger growth ahead.
• Positive Sentiment: Multiple bullish articles highlighted Bloom Energy as a potential beneficiary of the AI data center power-demand theme, with on-site fuel-cell deployments seen as a key growth driver.
• Positive Sentiment: Analyst and market commentary pointed to strong long-term earnings potential, including a five-year EPS growth forecast above 100%, which supports the stock’s growth narrative.
• Neutral Sentiment: Jim Cramer also discussed Bloom Energy’s latest deal, adding to investor attention but without a clearly material new catalyst in the summary provided. Jim Cramer Discusses Bloom Energy’s (BE) Latest Deal
• Negative Sentiment: Short-term trading pressure remains, with articles noting Bloom Energy moved lower alongside other fuel-cell stocks, suggesting some profit-taking and sector rotation after a strong rally.
• Negative Sentiment: Bearish Seeking Alpha pieces argued that the hype may be running ahead of fundamentals and that valuation could be vulnerable even if the business continues to improve.

Wall Street Analyst Weigh In

BE has been the subject of a number of recent research reports. Barclays boosted their price target on shares of Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Royal Bank Of Canada boosted their price target on shares of Bloom Energy to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Robert W. Baird boosted their price target on shares of Bloom Energy to $242.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Citigroup reissued a “neutral” rating on shares of Bloom Energy in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and an average target price of $217.48.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The stock has a market cap of $82.62 billion, a P/E ratio of -5,807.96 and a beta of 3.82. The company’s 50 day simple moving average is $215.65 and its 200 day simple moving average is $158.27.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’s quarterly revenue was up 130.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Insider Activity at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total value of $9,765,000.00. Following the completion of the transaction, the insider owned 341,731 shares in the company, valued at $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Aman Joshi sold 19,944 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the completion of the transaction, the insider owned 190,521 shares of the company’s stock, valued at $29,502,176.85. This trade represents a 9.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 270,027 shares of company stock worth $55,319,814 over the last ninety days. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Glenmede Trust Co. NA boosted its holdings in shares of Bloom Energy by 0.7% in the first quarter. Glenmede Trust Co. NA now owns 8,382 shares of the company’s stock valued at $1,136,000 after buying an additional 55 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of Bloom Energy in the first quarter valued at approximately $396,000. Montchanin Asset Management LLC acquired a new position in shares of Bloom Energy in the first quarter valued at approximately $360,000. CTC Alternative Strategies Ltd. acquired a new position in shares of Bloom Energy in the first quarter valued at approximately $528,000. Finally, Liontrust Investment Partners LLP acquired a new position in shares of Bloom Energy in the first quarter valued at approximately $4,777,000. Institutional investors and hedge funds 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.