Bloom Energy (NYSE:BE) Stock Price Down 9.5% – Time to Sell?

Bloom Energy Corporation (NYSE:BE)’s share price dropped 9.5% during trading on Wednesday . The company traded as low as $230.61 and last traded at $234.8980. Approximately 15,374,086 shares changed hands during trading, an increase of 38% from the average daily volume of 11,146,564 shares. The stock had previously closed at $259.61.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy is being highlighted as a beneficiary of rising demand for reliable power to support AI data centers, with commentary pointing to its fuel-cell technology as a solution for grid-constrained projects and a reason traders are re-entering the name. Bloom Energy Stock Is Climbing Thursday: What’s Driving The Move?
• Positive Sentiment: Recent coverage says Bloom Energy continues to stand out in the renewable-energy group, with strong earnings performance helping support the bullish case and reinforcing its growth momentum versus peers. Renewable Energy Q1 Earnings: Bloom Energy (NYSE:BE) is the Best in the Biz
• Neutral Sentiment: Bloom Energy’s stock has already delivered an enormous multi-year gain, and one article questions whether there is still upside left after the rally, which may be encouraging some investors to reassess valuation rather than chase the stock. Bloom Energy (BE) Stock After 13x Three Year Surge Is There Still Upside Potential
• Neutral Sentiment: One bearish note downgraded Bloom Energy to hold, arguing that AI enthusiasm may be running ahead of fundamentals, which adds caution but does not point to a major business setback. Bloom Energy: AI Euphoria Meets Reality, Downgrading To Hold
• Negative Sentiment: Coverage also notes that Bloom Energy has pulled back from a recent peak, and that a paused data-center project tied to Crusoe raises a near-term reminder that some AI-power demand could be delayed even if the longer-term thesis remains intact. BE Stock Recovers After 10% Selloff: Morgan Stanley Says Crusoe Project Pause Does Not Break AI Power Thesis

Analysts Set New Price Targets

BE has been the topic of a number of recent research reports. Roth Mkm set a $225.00 price objective on Bloom Energy in a research note on Wednesday, April 29th. Susquehanna lifted their price target on Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Barclays lifted their price target on Bloom Energy to $254.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Wells Fargo & Company lifted their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Finally, Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $217.48.

Bloom Energy Price Performance

The firm has a market cap of $74.07 billion, a P/E ratio of -5,206.80 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The business has a 50-day moving average of $243.65 and a two-hundred day moving average of $170.56.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s quarterly revenue was up 130.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In related news, CAO Maciej Kurzymski sold 6,229 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the sale, the chief accounting officer owned 81,945 shares in the company, valued at $24,039,385.20. The trade was a 7.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Aman Joshi sold 4,813 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $288.20, for a total value of $1,387,106.60. Following the sale, the insider owned 175,708 shares in the company, valued at $50,639,045.60. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 323,777 shares of company stock worth $71,485,514 over the last three months. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Compound Planning Inc. lifted its holdings in Bloom Energy by 1.1% during the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock worth $467,000 after buying an additional 38 shares during the period. Blue Trust Inc. lifted its holdings in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the period. HB Wealth Management LLC lifted its holdings in Bloom Energy by 1.6% during the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after buying an additional 54 shares during the period. Glenmede Trust Co. NA lifted its holdings in Bloom Energy by 0.7% during the 1st quarter. Glenmede Trust Co. NA now owns 8,382 shares of the company’s stock worth $1,136,000 after buying an additional 55 shares during the period. Finally, WPG Advisers LLC lifted its holdings in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

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.