Bloom Energy (NYSE:BE) Hits New 12-Month High on Analyst Upgrade

Bloom Energy Corporation (NYSE:BE)’s stock price reached a new 52-week high during trading on Tuesday after JPMorgan Chase & Co. raised their price target on the stock to $231.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Bloom Energy traded as high as $208.97 and last traded at $207.8650, with a volume of 2897517 shares traded. The stock had previously closed at $176.67.

BE has been the subject of a number of other research reports. Royal Bank Of Canada set a $143.00 target price on shares of Bloom Energy in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, January 27th. BMO Capital Markets lifted their target price on shares of Bloom Energy to $149.00 and gave the stock a “market perform” rating in a research report on Friday, February 6th. BTIG Research lifted their target price on shares of Bloom Energy to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Wells Fargo & Company boosted their price target on Bloom Energy to $130.00 and gave the company an “equal weight” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $144.27.

Insider Activity

In other news, Director Gary S. Pinkus sold 1,250 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $165.80, for a total transaction of $207,250.00. Following the completion of the sale, the director owned 4,149 shares of the company’s stock, valued at $687,904.20. The trade was a 23.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Aman Joshi sold 10,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the sale, the insider directly owned 180,521 shares of the company’s stock, valued at approximately $24,529,193.48. The trade was a 5.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 380,092 shares of company stock worth $62,724,725. Company insiders own 3.60% of the company’s stock.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Oracle expanded a master services agreement that could see Oracle buy up to 2.8 GW of Bloom fuel cell systems (deployment underway), materially boosting Bloom’s potential long‑term revenue and re‑positioning it as a supplier to AI data centers. Read More.
• Positive Sentiment: Multiple news reports and analysts treated the Oracle news as a transformational growth signal for Bloom’s fuel‑cell adoption in AI/cloud data centers, prompting rating upgrades and price‑target increases from some firms. Read More.
• Neutral Sentiment: Bloom saw very large volume and a powerful short‑term run (big moves over the last two sessions). High volume validates market interest but also raises volatility and short‑term reversal risk. Read More.
• Neutral Sentiment: Macro and sector flows (AI enthusiasm, cooling oil prices, and broader market rebounds) have amplified momentum into Bloom; these forces can both sustain and later reverse gains depending on broader sentiment. Read More.
• Negative Sentiment: Some research houses trimmed price targets ahead of Q1 (Susquehanna, Jefferies) and warned on valuation/expectations — selling pressure and analyst caution contributed to intraday weakness. Read More.
• Negative Sentiment: Several commentators warned the Oracle‑driven spike may be an overreaction and flagged Wyckoff/mean‑reversion risks; Seeking Alpha also notes Bloom’s valuation assumes a large hyperscaler story that’s still being proven. These critiques support near‑term profit taking. Read More. • Read More.
• Neutral Sentiment: Short‑term technical and sentiment considerations (rapid gains from a very low base, high beta) mean volatility should be expected; investors should weigh the contract pipeline and execution timeline vs. current price. Read More.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BE. Graticule Asia Macro Advisors LLC bought a new position in shares of Bloom Energy during the 3rd quarter valued at approximately $402,494,000. Brooklands Fund Management Ltd bought a new position in shares of Bloom Energy during the 4th quarter valued at approximately $347,560,000. Trivest Advisors Ltd grew its stake in shares of Bloom Energy by 1,461.6% during the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after acquiring an additional 3,201,000 shares during the period. Norges Bank bought a new position in shares of Bloom Energy during the 4th quarter valued at approximately $239,683,000. Finally, Amundi grew its stake in shares of Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares during the period. 77.04% of the stock is currently owned by institutional investors.

Bloom Energy Trading Down 2.9%

The stock has a 50 day moving average of $152.90 and a 200-day moving average of $126.93. The company has a market capitalization of $59.68 billion, a P/E ratio of -559.77, a P/E/G ratio of 8.92 and a beta of 3.18. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE) last issued its earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. The company had revenue of $777.68 million during the quarter, compared to the consensus estimate of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. Bloom Energy’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, research analysts predict that Bloom Energy Corporation will post -0.23 EPS for the current year.

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.