Bloom Energy (NYSE:BE) Shares Gap Up – Still a Buy?

Bloom Energy Corporation (NYSE:BE) gapped up prior to trading on Tuesday . The stock had previously closed at $252.87, but opened at $267.76. Bloom Energy shares last traded at $274.53, with a volume of 6,731,616 shares trading hands.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: S&P 500 inclusion is the primary near-term catalyst. Bloom Energy will join the index before trading opens on September 21, potentially generating demand from index funds and increasing the company’s visibility with institutional investors. Reports also note that the stock has recently risen sharply following the announcement. Bloom Energy Joins S&P 500: Can Its AI Rally Continue?
• Positive Sentiment: AI data-center power demand is strengthening the growth narrative. Bloom’s solid-oxide fuel-cell systems can provide fast, scalable, on-site electricity with fewer permitting constraints and lower emissions than some alternatives. An analyst rating upgrade argues that revenue and earnings could outperform consensus as hyperscaler adoption and backlog expand. Bloom Energy Could See An AI-Memory-Style Frenzy
• Positive Sentiment: Recent operating momentum provides fundamental support. Bloom reported more than $1 billion in quarterly revenue, up 165.5% year over year, a 34.3% non-GAAP gross margin, and raised full-year revenue guidance to $3.9 billion-$4.2 billion. The results reinforce the bullish AI-infrastructure thesis, although the stock’s elevated valuation leaves it sensitive to execution and expectations.
• Neutral Sentiment: Political-investment attention is adding to momentum but not fundamentals. Coverage of a reported multimillion-dollar Pelosi household investment has increased retail and media interest in Bloom Energy. The reports do not establish that the investment reflects company-specific information. Bloom Energy Is Joining the S&P 500
• Negative Sentiment: Securities litigation remains a key risk. Several law firms are publicizing a class action covering investors who purchased BE securities from February 27, 2025, through July 8, 2026, with a September 28 lead-plaintiff deadline. The allegations reportedly concern Bloom’s disclosure of its reliance on scandium from China. These notices may pressure sentiment and raise potential legal and disclosure costs, though they do not represent a finding of wrongdoing. Bloom Energy Securities Class Action Notice

Analyst Ratings Changes

A number of research firms recently weighed in on BE. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Sunday. BMO Capital Markets dropped their target price on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 29th. Robert W. Baird reaffirmed an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. Truist Financial reduced their price target on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. Finally, BTIG Research reiterated a “buy” rating and set a $295.00 price objective on shares of Bloom Energy in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.18.

Bloom Energy Trading Up 9.6%

The firm’s 50 day moving average is $226.44 and its 200 day moving average is $223.11. The company has a market cap of $81.59 billion, a PE ratio of 368.05, a PEG ratio of 3.46 and a beta of 3.80. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business’s quarterly revenue was up 165.5% compared to the same quarter last year. During the same period last year, the firm earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities analysts anticipate that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insider Activity at Bloom Energy

In related news, insider Aman Joshi sold 4,677 shares of Bloom Energy stock in a transaction on Friday, August 14th. The stock was sold at an average price of $241.75, for a total transaction of $1,130,664.75. Following the completion of the sale, the insider owned 159,130 shares of the company’s stock, valued at approximately $38,469,677.50. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 business’s stock in a transaction dated 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 transaction, the director owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. The trade was a 12.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 89,464 shares of company stock valued at $22,131,255 in the last ninety days. 3.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. HighTower Advisors LLC lifted its position in Bloom Energy by 1.1% during the second quarter. HighTower Advisors LLC now owns 67,460 shares of the company’s stock valued at $20,420,000 after purchasing an additional 737 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Bloom Energy by 39,637.2% during the 2nd quarter. California State Teachers Retirement System now owns 123,526,724 shares of the company’s stock valued at $37,391,539,000 after buying an additional 123,215,865 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Bloom Energy during the 2nd quarter valued at $2,135,000. HB Wealth Management LLC lifted its holdings in shares of Bloom Energy by 40.2% during the 2nd quarter. HB Wealth Management LLC now owns 4,827 shares of the company’s stock worth $1,461,000 after acquiring an additional 1,385 shares during the last quarter. Finally, Saudi Central Bank lifted its holdings in shares of Bloom Energy by 127.9% during the 2nd quarter. Saudi Central Bank now owns 18,899 shares of the company’s stock worth $5,721,000 after acquiring an additional 10,606 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors.

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.