Bloom Energy (NYSE:BE) Stock Price Down 1.5% – Here’s Why

Bloom Energy Corporation (NYSE:BE) shares fell 1.5% during mid-day trading on Wednesday. The company traded as low as $284.54 and last traded at $291.3490. Approximately 10,897,785 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 12,976,128 shares. The stock had previously closed at $295.78.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: AI power demand remains the main bullish catalyst. Jim Cramer called Bloom his favorite AI power play, citing its ability to provide electricity to data centers without relying entirely on constrained utility grids. Morgan Stanley also identified Bloom as a potential beneficiary of a projected 77-gigawatt data-center power shortfall. Jim Cramer Says This Stock is His Favorite AI Power Play
• Positive Sentiment: Bloom is expanding production capacity. The company reportedly purchased a 158,000-square-foot Fremont facility, signaling confidence that demand for its fuel-cell systems will accelerate alongside data-center and AI infrastructure investment. Bloom Energy Is Building Like Demand Is About to Explode
• Positive Sentiment: Technical momentum and earnings expectations are supportive. BE has crossed key moving averages, while analysts point to a sharply improved earnings outlook. TD Cowen also upgraded its rating to “hold” from a lower stance. Bloom Energy Crosses Key SMAs
• Neutral Sentiment: Investors are awaiting the next earnings report. The earnings preview places greater focus on whether Bloom can sustain its recent revenue growth, profitability, and full-year outlook following its latest quarterly beat. Earnings Preview: What to Expect From Bloom Energy’s Report
• Negative Sentiment: Valuation and debt are significant risks. Analysts caution that Bloom’s premium valuation and high debt-to-equity ratio could make the stock vulnerable to profit-taking or weaker-than-expected results.
• Negative Sentiment: Analyst upside appears limited. Sanford C. Bernstein reaffirmed a “market perform” rating with a $282 price target, below the reported trading level, reinforcing the market’s cautious stance. Analyst Rating Report

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. TD Cowen raised Bloom Energy to a “hold” rating in a research report on Monday. Citigroup reiterated a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. BTIG Research reaffirmed a “buy” rating and set a $295.00 price objective on shares of Bloom Energy in a research report on Wednesday, July 29th. Evercore reissued an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $257.18.

Bloom Energy Stock Performance

The firm’s fifty day moving average price is $242.11 and its 200-day moving average price is $240.46. The company has a market cap of $85.81 billion, a P/E ratio of 388.47, a P/E/G ratio of 3.66 and a beta of 3.77. The company has a current ratio of 4.09, a quick ratio of 3.41 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 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 35.45% and a net margin of 7.87%.The firm’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts forecast that Bloom Energy Corporation will post 2.06 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,437 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total value of $2,338,483.29. Following the completion of the transaction, the insider directly owned 147,092 shares of the company’s stock, valued at $40,769,489.64. This trade represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Chambers sold 15,000 shares of Bloom Energy stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the sale, the director owned 208,333 shares in the company, valued at $52,083,250. This represents a 6.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,698 shares of company stock valued at $21,780,758 in the last ninety days. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the period. Continuum Advisory LLC acquired a new stake in shares of Bloom Energy in the 2nd quarter valued at $25,000. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy in the 1st quarter worth about $27,000. Godsey & Gibb Inc. increased its position in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. increased its position in shares of Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after purchasing an additional 37 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.