Bloom Energy (NYSE:BE) Trading Down 6.7% – Time to Sell?

Shares of Bloom Energy Corporation (NYSE:BE) fell 6.7% during trading on Monday . The company traded as low as $249.05 and last traded at $257.2860. 14,752,272 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 12,575,931 shares. The stock had previously closed at $275.75.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Long-term demand for electricity and power infrastructure at AI data centers remains a favorable backdrop for Bloom. A market report projects the global AI data-center power infrastructure market will grow from $32.6 billion in 2025 to $244.1 billion by 2035, supporting the investment case for Bloom’s fuel-cell systems, although the report is not company-specific. AI Data Center Power Infrastructure Market report
• Neutral Sentiment: Bloom is scheduled to join the S&P 500, which could generate incremental demand from index-tracking funds. However, the stock’s decline indicates that near-term traders are currently focused more on the unwinding of the AI-power trade and recent gains than on the anticipated inclusion. Bloom Energy and AI power trade article
• Negative Sentiment: Several law firms publicized a pending securities class action against Bloom Energy and certain current and former officers, including CEO KR Sridhar. The lawsuit alleges that Bloom made misleading statements about having “no China supply chain” for scandium. Investors who purchased shares between February 27, 2025, and July 8, 2026, face a September 28, 2026 deadline to seek lead-plaintiff status. The allegations have not been proven, but the repeated legal notices increase headline, financial, and reputational risk. Bloom Energy securities lawsuit deadline alert

Analysts Set New Price Targets

Several research firms have recently commented on BE. Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Mizuho lifted their target price on Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a report on Monday. BMO Capital Markets cut their price target on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday, July 29th. Finally, Truist Financial reduced their price target on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. Three equities research analysts have 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.14.

Bloom Energy Stock Down 6.7%

The business’s fifty day simple moving average is $225.34 and its two-hundred day simple moving average is $226.32. The company has a market cap of $75.78 billion, a PE ratio of 343.05, a PEG ratio of 3.53 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 posted its 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. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same period in the prior year, the company posted $0.10 EPS. The company’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts predict that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Shawn Soderberg sold 2,895 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider directly owned 129,370 shares in the company, valued at $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Immelt sold 30,000 shares of Bloom Energy stock in a transaction 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 completion of the sale, the director directly owned 201,243 shares in the company, valued at $48,078,965.13. This represents a 12.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 89,464 shares of company stock valued at $22,131,255 in the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new position in shares of Bloom Energy during the second quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. raised its position in shares of Bloom Energy by 49.3% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after buying an additional 37 shares during the last quarter. Markowski Investments purchased a new position in shares of Bloom Energy in the second quarter worth about $37,000. Bogart Wealth LLC lifted its stake in shares of Bloom Energy by 725.0% in the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock worth $40,000 after buying an additional 116 shares in the last quarter. Finally, Carolina Wealth Advisors LLC boosted its position in Bloom Energy by 51.7% during the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 46 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

About Bloom Energy

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.