Bloom Energy (NYSE:BE) Trading Down 4.7% – Time to Sell?

Bloom Energy Corporation (NYSE:BE) shares were down 4.7% during mid-day trading on Friday . The company traded as low as $229.55 and last traded at $244.8790. Approximately 14,768,390 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 11,744,177 shares. The stock had previously closed at $257.02.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Susquehanna raised its price target on Bloom Energy and kept a positive rating, signaling Wall Street still sees meaningful upside from current levels.
• Positive Sentiment: Robert W. Baird reaffirmed an outperform rating and a $310 price target, suggesting analysts still view the company’s long-term demand outlook favorably.
• Positive Sentiment: Bloom Energy previously beat quarterly earnings and revenue estimates, with strong year-over-year growth that had helped fuel the stock’s strong rally.
• Neutral Sentiment: Some market commentary argues the stock had become stretched after a massive year-to-date gain, making it vulnerable to a pullback even without a major fundamental change. Article Title
• Neutral Sentiment: Bloom Energy has denied the short-seller allegations and filed an 8-K response, trying to reassure investors that the claims about mineral sourcing and supply-chain dependence are inaccurate. Article Title
• Negative Sentiment: A short report questioned Bloom Energy’s scandium and supply-chain disclosures, triggering renewed investor concern about dependence on critical minerals and possible China exposure.
• Negative Sentiment: Multiple law firms have announced securities-fraud investigations tied to the allegations, which adds legal overhang and can keep pressure on the shares.
• Negative Sentiment: Fuel-cell stocks broadly are selling off, with Bloom Energy giving back a portion of its big 2026 gains as the sector unwinds.

Analyst Ratings Changes

A number of research analysts have recently commented on BE shares. JPMorgan Chase & Co. upped their price target on Bloom Energy to $267.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Jefferies Financial Group raised their price objective on shares of Bloom Energy from $207.00 to $246.00 and gave the stock a “hold” rating in a research note on Monday. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bloom Energy in a research report on Tuesday, June 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a research report on Wednesday, June 10th. Finally, Susquehanna upped their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $242.14.

Bloom Energy Stock Down 4.7%

The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The stock has a market capitalization of $69.65 billion, a P/E ratio of -4,896.60 and a beta of 3.73. The firm’s fifty day moving average is $284.20 and its 200-day moving average is $197.33.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company’s revenue was up 130.4% on a year-over-year basis. During the same quarter last year, the business posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts predict that Bloom Energy Corporation will post 1.34 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the sale, the insider owned 341,731 shares in the company, valued at approximately $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Aman Joshi sold 8,343 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares of the company’s stock, valued at approximately $49,202,708.59. This trade represents a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 228,617 shares of company stock valued at $59,843,659. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of institutional investors have recently modified their holdings of the stock. MJT & Associates Financial Advisory Group Inc. lifted its position in shares of Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after purchasing an additional 37 shares in the last quarter. Compound Planning Inc. grew its stake in shares of Bloom Energy by 1.1% during the first quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock valued at $467,000 after purchasing an additional 38 shares during the last quarter. Carolina Wealth Advisors LLC increased its holdings in shares of Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after purchasing an additional 46 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after purchasing an additional 54 shares during the last quarter. 77.04% of the stock is owned by institutional investors.

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.