Bloom Energy (NYSE:BE) Price Target Raised to $110.00

Bloom Energy (NYSE:BE) had its price objective upped by Mizuho to $110.00 in a research note issued to investors on Monday morning, MarketBeat reports. Mizuho currently has a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on BE. Daiwa Securities Group set a $98.00 price objective on shares of Bloom Energy in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. increased their price target on Bloom Energy to $166.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Morgan Stanley lifted their price objective on Bloom Energy to $184.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. TD Cowen upped their target price on Bloom Energy to $160.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Finally, China Renaissance assumed coverage on shares of Bloom Energy in a research report on Wednesday, January 28th. They set a “buy” rating and a $207.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $132.61.

Bloom Energy Stock Up 4.8%

NYSE BE opened at $155.77 on Monday. The stock has a market cap of $36.84 billion, a PE ratio of -409.91, a P/E/G ratio of 6.08 and a beta of 3.07. Bloom Energy has a fifty-two week low of $15.15 and a fifty-two week high of $176.49. The business has a 50 day moving average price of $121.53 and a two-hundred day moving average price of $95.42. The company has a quick ratio of 2.88, a current ratio of 5.98 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The company had revenue of $777.68 million for the quarter, compared to analyst estimates of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business’s quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, sell-side analysts predict that Bloom Energy will post -0.23 EPS for the current fiscal year.

Insider Transactions at Bloom Energy

In related news, insider Maciej Kurzymski sold 3,264 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $86.48, for a total transaction of $282,270.72. Following the sale, the insider directly owned 90,005 shares of the company’s stock, valued at approximately $7,783,632.40. This represents a 3.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 431 shares of Bloom Energy stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $88.12, for a total transaction of $37,979.72. Following the completion of the transaction, the insider directly owned 229,449 shares of the company’s stock, valued at approximately $20,219,045.88. This represents a 0.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 14,639 shares of company stock valued at $1,496,660 over the last 90 days. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors have recently modified their holdings of BE. Hantz Financial Services Inc. lifted its holdings in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares during the last quarter. WPG Advisers LLC lifted its stake in Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Bloom Energy during the third quarter valued at $32,000. N.E.W. Advisory Services LLC bought a new position in shares of Bloom Energy during the third quarter worth about $32,000. Finally, Parkside Financial Bank & Trust grew its position in shares of Bloom Energy by 250.9% during the third quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock worth $33,000 after acquiring an additional 281 shares during the last quarter. 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.