Bloom Energy (NYSE:BE) Earns “Buy” Rating from BTIG Research

Bloom Energy (NYSE:BE)‘s stock had its “buy” rating reiterated by investment analysts at BTIG Research in a research note issued on Wednesday,Benzinga reports. They presently have a $295.00 price objective on the stock. BTIG Research’s target price points to a potential upside of 75.88% from the stock’s previous close.

Several other research firms have also recently weighed in on BE. Zacks Research cut shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Wells Fargo & Company upped their price target on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. BMO Capital Markets reiterated an “outperform” rating on shares of Bloom Energy in a report on Tuesday, June 9th. UBS Group lifted their price objective on Bloom Energy from $322.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Finally, TD Cowen reissued a “hold” rating and issued a $235.00 price objective on shares of Bloom Energy in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $254.27.

Bloom Energy Stock Down 10.9%

Shares of BE opened at $167.73 on Wednesday. Bloom Energy has a 52 week low of $32.52 and a 52 week high of $351.28. The stock has a market capitalization of $47.71 billion, a price-to-earnings ratio of -3,353.85 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The stock has a fifty day moving average of $267.30 and a 200-day moving average of $208.35.

Bloom Energy (NYSE:BE) last posted 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. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue was up 165.5% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, sell-side analysts anticipate that Bloom Energy will post 1.43 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the transaction, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the sale, the director owned 238,333 shares of the company’s stock, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 118,617 shares of company stock worth $34,238,909 in the last ninety days. 3.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Bloom Energy

A number of large investors have recently modified their holdings of BE. Sunpointe LLC purchased a new position in shares of Bloom Energy during the 2nd quarter valued at $341,000. Bogart Wealth LLC raised its holdings in shares of Bloom Energy by 725.0% in the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock valued at $40,000 after acquiring an additional 116 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in shares of Bloom Energy by 12.3% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 4,252 shares of the company’s stock valued at $1,287,000 after acquiring an additional 467 shares during the last quarter. CRA Financial Services LLC bought a new stake in shares of Bloom Energy during the 2nd quarter valued at about $214,000. Finally, Perryman Financial Advisory Inc. AD purchased a new position in shares of Bloom Energy during the second quarter worth about $848,000. 77.04% of the stock is currently owned by institutional investors.

Bloom Energy News Summary

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

• Positive Sentiment: Record Q2 results beat expectations: Revenue reached $1.065 billion, up 165.5% year over year and well above the $826 million consensus estimate. Adjusted earnings were $0.78 per share versus expectations of $0.39 and $0.10 a year earlier. Product revenue increased 215.4%, while gross margin expanded to 33.4%. Bloom Energy Reports Record Second Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Guidance was raised significantly: Bloom now expects 2026 revenue of $3.9 billion to $4.2 billion, compared with its prior forecast of $3.4 billion to $3.8 billion. Adjusted EPS guidance of $2.55 to $2.85 is also well above the roughly $1.99 analyst consensus. BE Stock Beats Q2 Expectations and Raises 2026 Revenue Outlook
• Positive Sentiment: AI infrastructure demand is strengthening the growth story. Management highlighted robust data-center demand and an expanding order backlog. Bloom also expanded its Brookfield Asset Management financing partnership to $25 billion from $5 billion, potentially providing capital to deploy fuel-cell systems at scale. Bloom Energy Jumps on Improved Outlook as AI Power Demand Grows

Bloom Energy Company Profile

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.