Bloom Energy (NYSE:BE) Trading Up 7.3% – Here’s Why

Shares of Bloom Energy Corporation (NYSE:BE) traded up 7.3% during mid-day trading on Friday . The company traded as high as $253.30 and last traded at $252.84. Approximately 14,706,538 shares were traded during mid-day trading, an increase of 18% from the average daily volume of 12,467,812 shares. The stock had previously closed at $235.55.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Potential S&P 500 inclusion: Bloom Energy is viewed as one of the leading candidates for addition during the index’s September quarterly rebalancing. An announcement could come after Friday’s close, with any changes taking effect around Sept. 21. Inclusion would likely increase passive-fund demand and broaden institutional ownership. Bloom Energy, Astera Rally On Hopes They Will Join S&P Friday; Who Else Could Be Added
• Positive Sentiment: AI-driven power demand remains a bullish theme: Analysts and market commentary continue to highlight Bloom’s ability to provide on-site electricity as grid interconnection delays collide with the rapid expansion of AI data centers. This supports the view that Bloom’s revenue outlook could continue to benefit from demand for fast, reliable power. Bloom Energy’s Revenue Guidance Will Keep Surprising Wall Street Through Year-End
• Neutral Sentiment: Vertiv expands into Bloom’s broader opportunity: Vertiv’s planned acquisition of UtilityInnovation Group underscores strong industry interest in microgrids and behind-the-meter power for data centers. The deal validates the market Bloom is targeting, but it also signals intensifying competition from larger infrastructure providers. Vertiv’s UIG Deal Targets the Next Big Constraint in AI Data Centers
• Negative Sentiment: Securities class-action litigation: Several law firms reiterated notices about a lawsuit covering investors who acquired Bloom securities from Feb. 27, 2025, through July 8, 2026. The allegations reportedly involve disclosures concerning exposure to Chinese export controls, U.S. tariffs, and the sourcing of critical materials and components. Investors have until Sept. 28, 2026, to seek lead-plaintiff status. The claims remain allegations, but the litigation creates legal, reputational, and potential financial risks for Bloom Energy. Bloom Energy Shareholder Alert

Wall Street Analyst Weigh In

A number of research firms have weighed in on BE. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Robert W. Baird reiterated an “outperform” rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Thursday, July 9th. Jefferies Financial Group raised their price objective on Bloom Energy from $188.00 to $229.00 and gave the company a “hold” rating in a research report on Friday, August 14th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $235.00 target price on shares of Bloom Energy in a research report on Monday, July 20th. Three equities research 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $248.05.

Bloom Energy Trading Up 7.3%

The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The company has a market cap of $74.47 billion, a P/E ratio of 337.12, a price-to-earnings-growth ratio of 2.98 and a beta of 3.80. The stock has a 50-day moving average of $226.99 and a two-hundred day moving average of $221.56.

Bloom Energy (NYSE:BE) last released 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. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. The company’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts predict that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In other news, insider Shawn Soderberg sold 2,895 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the sale, the insider owned 129,370 shares in the company, valued at $30,220,832. This represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 4,677 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $241.75, for a total transaction of $1,130,664.75. Following the sale, the insider directly owned 159,130 shares of the company’s stock, valued at $38,469,677.50. This trade represents a 2.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 89,464 shares of company stock worth $22,131,255 in the last 90 days. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Fortem Financial Group LLC purchased a new stake in shares of Bloom Energy in the 4th quarter worth $369,000. Montanova Capital LLC purchased a new position in shares of Bloom Energy during the second quarter valued at $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 valued at $401,849,000 after acquiring an additional 583,135 shares in the last quarter. Militia Capital Management LLC purchased a new stake in Bloom Energy in the first quarter worth about $813,000. Finally, Norges Bank purchased a new stake in Bloom Energy in the fourth quarter worth about $239,683,000. Hedge funds and other institutional investors 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.