Bloom Energy (NYSE:BE) Stock Price Down 6.2% – Time to Sell?

Posted by Stanley Muller on May 18th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report) shares traded down 6.2% during trading on Monday . The company traded as low as $249.01 and last traded at $258.9310. 10,914,623 shares were traded during trading, a decline of 3% from the average session volume of 11,209,151 shares. The stock had previously closed at $275.95.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BE shares. Roth Mkm set a $225.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Wells Fargo & Company upped their price target on shares of Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research note on Friday, May 1st. Susquehanna upped their target price on Bloom Energy to $293.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Bloom Energy currently has an average rating of “Moderate Buy” and an average price target of $217.48.

Get Our Latest Stock Analysis on Bloom Energy

Bloom Energy Stock Performance

The stock has a market cap of $73.65 billion, a price-to-earnings ratio of -5,177.58 and a beta of 3.82. The company’s 50-day simple moving average is $193.91 and its 200-day simple moving average is $149.43. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during 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%.The company’s revenue was up 130.4% compared to the same quarter last year. During the same period last year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Satish Chitoori sold 20,000 shares of Bloom Energy stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the transaction, the insider owned 212,365 shares of the company’s stock, valued at approximately $43,371,303.95. This trade represents a 8.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the sale, the insider directly owned 341,731 shares of the company’s stock, valued at $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 521,321 shares of company stock worth $96,830,814 over the last three months. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bayforest Capital Ltd purchased a new stake in shares of Bloom Energy in the first quarter valued at $2,055,000. AQR Capital Management LLC purchased a new position in shares of Bloom Energy during the first quarter valued at $1,820,000. NewEdge Advisors LLC raised its position in Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after buying an additional 1,626 shares during the period. Goldman Sachs Group Inc. raised its position in Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after buying an additional 836,810 shares during the period. Finally, Focus Partners Wealth lifted its stake in Bloom Energy by 30.7% in the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after acquiring an additional 4,716 shares in the last quarter. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Company Profile

(Get Free Report)

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.