Bloom Energy (NYSE:BE) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Bloom Energy (NYSE:BE) from a buy rating to a hold rating in a report issued on Saturday,Wall Street Zen reports.

Other equities analysts also recently issued reports about the company. Mizuho upgraded Bloom Energy from a “neutral” rating to an “outperform” rating and decreased their price target for the stock from $285.00 to $242.00 in a research note on Thursday, July 30th. Jefferies Financial Group lifted their target price on Bloom Energy from $188.00 to $229.00 and gave the stock a “hold” rating in a research report on Friday, August 14th. Evercore reissued an “outperform” rating on shares of Bloom Energy in a research report on Friday, August 7th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, July 21st. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $282.00 price objective on shares of Bloom Energy in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Bloom Energy currently has an average rating of “Moderate Buy” and an average target price of $248.05.

Bloom Energy Stock Performance

Shares of BE opened at $206.39 on Friday. The business’s 50 day moving average is $232.72 and its two-hundred day moving average is $219.92. Bloom Energy has a 52-week low of $48.87 and a 52-week high of $351.28. The firm has a market cap of $60.79 billion, a price-to-earnings ratio of 275.19, a PEG ratio of 2.89 and a beta of 3.79. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last released its 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 company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business’s revenue was up 165.5% on a year-over-year basis. 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. Analysts forecast that Bloom Energy will post 1.92 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 4,677 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 159,130 shares in the company, valued at $38,469,677.50. The trade was a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 business’s stock in a transaction that occurred on Monday, August 17th. The shares were 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 $48,078,965.13. This represents a 12.97% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 89,464 shares of company stock worth $22,131,255. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bloom Energy

A number of hedge funds have recently added to or reduced their stakes in BE. HighTower Advisors LLC grew its position in shares of Bloom Energy by 1.1% during the second quarter. HighTower Advisors LLC now owns 67,460 shares of the company’s stock worth $20,420,000 after acquiring an additional 737 shares during the last quarter. California State Teachers Retirement System lifted its position 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 valued at $37,391,539,000 after purchasing an additional 123,215,865 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Bloom Energy during the 2nd quarter valued at about $2,135,000. HB Wealth Management LLC grew its position in Bloom Energy by 40.2% in the 2nd quarter. HB Wealth Management LLC now owns 4,827 shares of the company’s stock worth $1,461,000 after purchasing an additional 1,385 shares during the last quarter. Finally, Saudi Central Bank grew its position in Bloom Energy by 127.9% in the 2nd quarter. Saudi Central Bank now owns 18,899 shares of the company’s stock worth $5,721,000 after purchasing an additional 10,606 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy’s Power Connect system reportedly reduces onsite installation time by more than 40%. Faster deployment could help the company meet surging demand from AI data centers and supports its higher 2026 revenue and earnings outlook. Will Faster Installations Drive Bloom Energy’s AI Expansion?
• Neutral Sentiment: Bloom Energy’s shares have gained roughly 1,290% over three years, but valuation measures are mixed. A discounted-cash-flow analysis suggests the stock may be trading above intrinsic value, while market-based multiples imply stronger growth expectations; the result is a relatively low value rating despite continued momentum. Is Bloom Energy Priced For Perfection After AI Demand?
• Negative Sentiment: Multiple law firms are publicizing a securities class action against Bloom Energy concerning investors who purchased shares between February 27, 2025, and July 8, 2026. The firms allege violations of federal securities laws and are seeking lead plaintiffs by September 28, 2026. Repeated notices increase headline and litigation risk, although the allegations have not been proven. Rosen Law Firm Class Action Deadline Notice
• Negative Sentiment: One complaint reportedly alleges that Bloom Energy misrepresented its supply chain by stating it had no China supply-chain exposure while allegedly routing Chinese-sourced scandium and components through intermediaries in several Asian countries. If substantiated, such claims could create financial, regulatory, and reputational risks. Levi & Korsinsky Supply-Chain Allegation Notice

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.