Bloom Energy (NYSE:BE) Shares Down 6.3% – Time to Sell?

Bloom Energy Corporation (NYSE:BE)’s stock price dropped 6.3% on Thursday. The stock traded as low as $264.50 and last traded at $272.8980. Approximately 15,352,415 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 12,988,465 shares. The stock had previously closed at $291.29.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: UBS raised its price target for Bloom Energy to $350, signaling confidence in the company’s prospects despite the sector-wide weakness. Bloom Energy Tumbles 8% Even as UBS Lifts Its Price Target to $350
• Positive Sentiment: Recent analyst commentary continues to identify Bloom as a potential beneficiary of the growing power needs of AI data centers. Morgan Stanley cited a projected 77-gigawatt data-center power shortfall, while Jim Cramer called Bloom a leading AI power play because its systems can provide electricity without relying entirely on constrained utility grids. Morgan Stanley Sees Bloom Energy as a Winner
• Positive Sentiment: Bloom’s purchase of a 158,000-square-foot Fremont facility suggests it is expanding manufacturing capacity in anticipation of stronger demand. Bloom Energy Is Building Like Demand Is About to Explode
• Neutral Sentiment: Bernstein reaffirmed a Market Perform rating and set a $282 price target. The firm said Bloom is already positioned for a broader power buildout, but the target indicates limited upside from recent trading levels. Bernstein Says Bloom Energy Is Positioned for Power Buildout
• Negative Sentiment: Investors appear to be taking profits after a major rally and reacting to Bloom’s premium valuation. Commentary notes that bullish earnings expectations and AI demand are offset by high debt and a very elevated earnings multiple.
• Negative Sentiment: Weakness spread across fuel-cell and hydrogen shares, including FuelCell Energy and Plug Power, creating sector-wide pressure that overwhelmed UBS’s target increase. Fuel Cell and Hydrogen Stocks Sell Off

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. BMO Capital Markets lowered their price objective on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a research report on Monday, September 28th. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research note on Sunday, September 6th. Zacks Research cut Bloom Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $258.32.

Bloom Energy Trading Down 6.3%

The business has a 50-day moving average of $244.66 and a 200 day moving average of $241.34. The stock has a market cap of $80.38 billion, a PE ratio of 363.86, a PEG ratio of 3.78 and a beta of 3.77. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts predict that Bloom Energy Corporation will post 2.06 EPS for the current fiscal year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,295 shares of the business’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the transaction, the chief accounting officer directly owned 77,391 shares in the company, valued at approximately $20,773,292.22. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 firm’s 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 sale, the director owned 201,243 shares in the company, valued at $48,078,965.13. This trade represents a 12.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,698 shares of company stock worth $21,780,758 in the last three months. 3.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Artemis Investment Management LLP grew its holdings in Bloom Energy by 10.4% in the third quarter. Artemis Investment Management LLP now owns 264,908 shares of the company’s stock valued at $73,374,000 after purchasing an additional 24,849 shares during the period. Everhart Financial Group Inc. raised its stake in Bloom Energy by 15.7% during the third quarter. Everhart Financial Group Inc. now owns 1,091 shares of the company’s stock worth $302,000 after purchasing an additional 148 shares during the period. Valeo Financial Advisors LLC grew its stake in shares of Bloom Energy by 51.7% during the 3rd quarter. Valeo Financial Advisors LLC now owns 7,874 shares of the company’s stock valued at $2,181,000 after buying an additional 2,683 shares during the period. Toth Financial Advisory Corp grew its stake in shares of Bloom Energy by 96.1% during the 3rd quarter. Toth Financial Advisory Corp now owns 745 shares of the company’s stock valued at $206,000 after buying an additional 365 shares during the period. Finally, Rye Brook Capital LLC increased its holdings in shares of Bloom Energy by 25.5% during the 3rd quarter. Rye Brook Capital LLC now owns 16,812 shares of the company’s stock worth $4,657,000 after buying an additional 3,413 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Company Profile

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.