Bloom Energy (NYSE:BE) Shares Climb 10.8% – Time to Buy?

Bloom Energy Corporation (NYSE:BE)’s share price traded up 10.8% on Tuesday. The stock traded as high as $302.35 and last traded at $291.1380. 23,610,923 shares changed hands during mid-day trading, an increase of 81% from the average session volume of 13,015,439 shares. The stock had previously closed at $262.87.

More Bloom Energy News

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

• Positive Sentiment: RBC Capital Markets maintained its Outperform rating and $335 price target. Analyst Chris Dendrinos said Bloom is positioned for a meaningful recovery in the fourth quarter, citing the company’s new Fremont facility as evidence of strong demand. RBC analyst says Bloom Energy stock is poised for recovery
• Positive Sentiment: Investors are focusing on factory expansion and the potential for rising fuel-cell orders as electricity demand from AI data centers grows. Bloom’s 800-volt DC architecture is also being promoted as a way to reduce infrastructure costs for large data-center projects. Bloom Energy and the power bottleneck
• Positive Sentiment: Oracle’s reported reaffirmation of the Project Jupiter relationship supports the view that Bloom could benefit from AI-related power deployments. The company’s recent record revenue, improving margins, and stronger operating cash flow are reinforcing that investment thesis. Oracle reaffirms Project Jupiter deal
• Positive Sentiment: Jefferies raised its Bloom price target to $264 from $229 while keeping a Hold rating, and Bloom’s recent addition to the S&P 500 may improve institutional visibility and trading liquidity. Jefferies raises Bloom Energy price target
• Neutral Sentiment: The rally is also a sector-wide rebound after heavy selling in fuel-cell stocks, including Plug Power and FuelCell Energy, rather than solely a Bloom-specific development. Fuel-cell selloff reverses
• Negative Sentiment: Oracle’s force majeure notice involving a natural-gas pipeline delay for Project Jupiter highlights execution and timing risks for AI data-center power projects. Oracle force majeure notice and AI build-out risks
• Negative Sentiment: At an elevated valuation, with a reported price-to-earnings ratio near 389, Bloom remains vulnerable to profit-taking, renewed sector volatility, and concerns about whether AI-driven growth can justify its market capitalization. Multiple securities class-action announcements add another investor risk, although they do not establish wrongdoing.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on BE shares. TD Cowen reissued a “hold” rating and set a $235.00 price objective on shares of Bloom Energy in a research note on Monday, July 20th. UBS Group restated a “buy” rating and issued a $325.00 target price on shares of Bloom Energy in a research note on Monday, September 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $335.00 price target on shares of Bloom Energy in a report on Monday. BTIG Research reiterated a “buy” rating and set a $295.00 price target on shares of Bloom Energy in a research report on Wednesday, July 29th. Finally, Mizuho boosted their price objective on Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a report on Monday, September 14th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Bloom Energy has an average rating of “Moderate Buy” and a consensus target price of $255.73.

Bloom Energy Price Performance

The company has a market capitalization of $85.75 billion, a PE ratio of 388.18, a price-to-earnings-growth ratio of 3.69 and a beta of 3.80. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The firm’s 50-day moving average is $231.84 and its 200-day moving average is $234.98.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating 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 the consensus estimate of $826.13 million. During the same quarter last year, the business posted $0.10 earnings per share. The company’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. Equities analysts predict that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Insider Activity at Bloom Energy

In related news, insider Shawn Soderberg sold 2,895 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider owned 129,370 shares in the company, valued at $30,220,832. The trade was a 2.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Chambers sold 15,000 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 208,333 shares of the company’s stock, valued at approximately $52,083,250. This represents a 6.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,604 shares of company stock worth $21,948,262 in the last quarter. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

A number of large investors have recently added to or reduced their stakes in BE. Continuum Advisory LLC purchased a new stake in Bloom Energy during the second quarter valued at about $25,000. MJT & Associates Financial Advisory Group Inc. increased its holdings in shares of Bloom Energy by 49.3% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after buying an additional 37 shares during the period. Markowski Investments bought a new stake in shares of Bloom Energy in the 2nd quarter valued at about $37,000. Bogart Wealth LLC boosted its holdings in Bloom Energy by 725.0% during the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock valued at $40,000 after acquiring an additional 116 shares during the period. Finally, Carolina Wealth Advisors LLC grew its position in Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.