Bloom Energy (NYSE:BE) Price Target Raised to $242.00 at Robert W. Baird

Bloom Energy (NYSE:BE) had its target price upped by Robert W. Baird to $242.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other brokerages have also recently weighed in on BE. Citigroup boosted their price objective on shares of Bloom Energy to $229.00 and gave the stock a “neutral” rating in a research note on Tuesday. TD Cowen boosted their price objective on shares of Bloom Energy to $160.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. BMO Capital Markets boosted their price objective on shares of Bloom Energy to $149.00 and gave the stock a “market perform” rating in a research note on Friday, February 6th. UBS Group boosted their price objective on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, BTIG Research boosted their price objective on shares of Bloom Energy to $165.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $154.86.

Bloom Energy Price Performance

NYSE BE opened at $229.66 on Wednesday. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The stock has a market capitalization of $64.43 billion, a PE ratio of -604.36, a price-to-earnings-growth ratio of 8.87 and a beta of 3.18. The company has a 50 day moving average price of $159.81 and a two-hundred day moving average price of $131.54. Bloom Energy has a 12-month low of $16.05 and a 12-month high of $235.35.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. During the same period in the previous year, the company earned $0.43 earnings per share. Bloom Energy’s revenue for the quarter was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities analysts predict that Bloom Energy will post 1 earnings per share for the current fiscal year.

Insider Activity at Bloom Energy

In related news, CEO Kr Sridhar sold 200,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $170.00, for a total transaction of $34,000,000.00. Following the transaction, the chief executive officer owned 2,189,869 shares of the company’s stock, valued at approximately $372,277,730. The trade was a 8.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of the business’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the transaction, the insider directly owned 212,365 shares in the company, valued at $43,371,303.95. This trade represents a 8.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 455,092 shares of company stock worth $78,564,475. 3.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Bloom Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. increased its holdings in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after buying an additional 51 shares during the period. WPG Advisers LLC increased its holdings in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the period. Hantz Financial Services Inc. increased its holdings in Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the period. Godsey & Gibb Inc. increased its holdings in Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Bloom Energy in the 4th quarter valued at $28,000. Institutional investors own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: The Trump administration’s decision to preserve federal hydrogen hub funding removes a major regulatory overhang and validates Bloom’s hydrogen and fuel-cell pipeline, reducing policy risk for long-term revenue assumptions. Bloom Energy Just Scored a Major Win With the Trump Admin. Is BE Stock a Buy?
• Positive Sentiment: UBS raised its price target to $251 and kept a Buy rating, citing new opportunities (800 VDC data-center trends) that imply higher addressable market and revenue upside. UBS Hikes Bloom Energy’s Price Target From $170 to $251
• Positive Sentiment: Robert W. Baird raised its target to $242 and set an Outperform rating, signaling incremental analyst conviction and supporting near-term buying interest. Benzinga
• Positive Sentiment: Zacks highlighted Bloom’s stronger growth forecasts and relative outperformance versus peers (e.g., Plug Power), reinforcing a narrative of accelerating clean-energy demand. The Zacks Analyst Blog: Bloom Energy and Plug Power
• Neutral Sentiment: Jim Cramer called Bloom “the real deal,” which can boost retail interest, but he also warned about the stock’s parabolic short-term move—suggesting momentum-driven volatility. Jim Cramer Calls Bloom Energy “The Real Deal” But Addresses the “Parabolic Move”
• Neutral Sentiment: Citigroup lifted its target to $229 but kept a Neutral rating, implying limited upside from current levels and signaling some analyst caution. Benzinga
• Neutral Sentiment: Mainstream coverage (MSN) is parsing the rapid stock move and attributing gains to the mix of upgrades, policy clarity and momentum—coverage that can amplify trading flows. What’s behind the jump in Bloom Energy stock?
• Negative Sentiment: Yahoo Finance flags valuation and ongoing losses as a restraint — rapid share gains tighten the margin for error and increase downside risk if growth or margins disappoint. Bloom Energy (BE) Valuation In Focus After Powerful Share Price Momentum And Ongoing Losses

About Bloom Energy

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.