Bloom Energy (NYSE:BE) Trading Up 6.5% – Still a Buy?

Bloom Energy Corporation (NYSE:BE) shares traded up 6.5% on Tuesday . The company traded as high as $218.53 and last traded at $217.2790. 14,799,237 shares were traded during trading, an increase of 18% from the average daily volume of 12,491,729 shares. The stock had previously closed at $204.02.

Key Bloom Energy News

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

• Positive Sentiment: Congressional financial disclosures indicated that Nancy Pelosi’s household purchased approximately 15,000 Bloom Energy shares and 200 call options, reportedly representing a multimillion-dollar position. The disclosure generated retail and broader investor interest in BE as an AI-related energy stock. Nancy Pelosi Invested $3 Million in This AI Energy Play
• Positive Sentiment: Analysts and financial commentators highlighted Bloom’s positioning in the growing market for onsite, modular power generation at AI data centers, where grid constraints are creating demand for faster-to-deploy energy solutions. Oracle-related demand and Brookfield’s expanded financing framework were cited as potential growth catalysts. AI Data Centers Need More Power and Bloom Energy Could Be a Big Winner
• Positive Sentiment: Recent earnings momentum continues to support the bullish case. Bloom reported quarterly revenue of approximately $1.07 billion, up more than 165% year over year, and earnings of $0.78 per share versus a roughly $0.39 consensus estimate. Management also raised fiscal 2026 guidance to $3.9 billion–$4.2 billion of revenue and $2.55–$2.85 of EPS; several analysts reiterated Buy ratings or pointed to substantial upside to consensus price targets. Bloom Energy: Pelosi Buys And Sell-Side Earnings Hikes, Reiterate Buy
• Negative Sentiment: Several law firms publicized a securities class action and a September 28 lead-plaintiff deadline. The lawsuits allege Bloom misled investors with “no China supply chain” assurances before an investigative report allegedly traced Chinese-origin scandium into its supply base, contributing to a prior decline in BE shares. The announcements do not establish wrongdoing, but they increase legal, reputational and disclosure risks. BE Shareholder Alert

Analyst Ratings Changes

Several research analysts recently commented on the company. Sanford C. Bernstein boosted their price target on Bloom Energy from $276.00 to $282.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 29th. Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Susquehanna lifted their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday, July 10th. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Finally, Jefferies Financial Group raised their target price on shares of Bloom Energy from $188.00 to $229.00 and gave the stock a “hold” rating in a report on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $248.05.

Bloom Energy Stock Performance

The stock has a market cap of $64.00 billion, a price-to-earnings ratio of 289.71, a PEG ratio of 2.76 and a beta of 3.79. The company’s 50 day simple moving average is $242.72 and its 200 day simple moving average is $217.54. 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 issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts anticipate that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Satish Chitoori sold 2,053 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $241.64, for a total value of $496,086.92. Following the sale, the insider directly owned 205,364 shares in the company, valued at $49,624,156.96. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey R. Immelt sold 30,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the sale, the director directly owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. This represents a 12.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 144,464 shares of company stock worth $38,504,205 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 added to or reduced their stakes in the company. California State Teachers Retirement System raised its holdings in Bloom Energy by 39,637.2% in the 2nd quarter. California State Teachers Retirement System now owns 123,526,724 shares of the company’s stock worth $37,391,539,000 after acquiring an additional 123,215,865 shares during the period. Brooklands Fund Management Ltd bought a new stake in Bloom Energy during the fourth quarter valued at about $347,560,000. Norges Bank acquired a new stake in shares of Bloom Energy in the fourth quarter valued at about $239,683,000. Jennison Associates LLC increased its stake in shares of Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares during the period. Finally, Amundi lifted its position in shares of Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after purchasing an additional 2,511,426 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.