Bloom Energy (NYSE:BE) Shares Down 1.6% – Time to Sell?

Bloom Energy Corporation (NYSE:BE) shares fell 1.6% during mid-day trading on Tuesday. The company traded as low as $213.09 and last traded at $222.6240. Approximately 10,916,852 shares were traded during trading, a decline of 16% from the average session volume of 13,001,104 shares. The stock had previously closed at $226.22.

More Bloom Energy News

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

• Positive Sentiment: Demand for Bloom Energy’s solid-oxide fuel cells is reportedly growing among artificial-intelligence and cloud data centers. Projects involving Oracle and Google, along with a rising backlog, could support strong long-term revenue growth and validate the company’s expansion into data-center power. Is AI Data Center Deals Altering The Investment Case For Bloom Energy Stock?
• Positive Sentiment: Analysts broadly expect a substantial year-over-year improvement in third-quarter results, with projected revenue near $1.06 billion and adjusted EPS around $0.70, compared with $0.15 a year earlier. Rising demand for on-site power and the company’s move into positive free cash flow provide additional potential catalysts. BE Stock Jumps Premarket Into Earnings Week
• Neutral Sentiment: Investors are focusing on operating indicators beyond revenue and EPS, including backlog, margins, cash flow, returns on capital and demand from data-center customers. These metrics may determine whether the expected earnings growth is sustainable. Exploring Analyst Estimates for Bloom Energy Q3 Earnings
• Negative Sentiment: The near-term decline reflects earnings-related uncertainty and heightened volatility after the stock’s steep retreat from its record high. Traders may be waiting for confirmation that strong demand is translating into profitable growth before rebuilding positions. Bloom Energy Stock Slides: What’s Going On?
• Negative Sentiment: Bloom Energy’s premium valuation leaves little room for disappointment. Even if quarterly results are strong, weaker guidance, slower data-center execution or concerns about the sustainability of growth could pressure the shares. Bloom Energy Q3 Earnings on Deck

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BE. Barclays lifted their target price on Bloom Energy from $276.00 to $308.00 and gave the company an “equal weight” rating in a report on Thursday, October 1st. Mizuho upped their price target on Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. BTIG Research reissued a “buy” rating and issued a $295.00 price target on shares of Bloom Energy in a report on Wednesday, July 29th. Citigroup restated a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a research note on Monday, September 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.05.

Bloom Energy Stock Down 1.6%

The company has a market cap of $65.57 billion, a PE ratio of 296.83, a P/E/G ratio of 2.86 and a beta of 3.77. The stock has a 50-day moving average of $249.61 and a 200-day moving average of $247.63. 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) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The firm’s revenue was up 165.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 2.04 earnings per share for the current fiscal year.

Insider Activity at Bloom Energy

In other news, insider Satish Chitoori sold 2,870 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the transaction, the insider owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. The trade was a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey Immelt sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares in the company, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,698 shares of company stock valued at $21,780,758 in the last ninety days. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Jennison Associates LLC raised its stake in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Bloom Energy in the second quarter worth $296,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Bloom Energy by 78.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after acquiring an additional 583,135 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Bloom Energy by 228.0% in the first quarter. Bessemer Group Inc. now owns 587,947 shares of the company’s stock worth $79,660,000 after acquiring an additional 408,687 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Bloom Energy by 106.0% in the first quarter. Renaissance Technologies LLC now owns 535,900 shares of the company’s stock worth $72,609,000 after acquiring an additional 275,700 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 develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.