Bloom Energy (NYSE:BE) Stock Price Down 2.7% – What’s Next?

Posted by George Bondi on May 29th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report) shares were down 2.7% during mid-day trading on Wednesday . The stock traded as low as $285.90 and last traded at $294.0880. Approximately 6,589,070 shares changed hands during trading, a decline of 41% from the average daily volume of 11,116,199 shares. The stock had previously closed at $302.40.

More Bloom Energy News

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

Positive Sentiment: Daiwa upgraded Bloom Energy to Outperform from Hold and raised its price target to $324, citing an inflection in orders, capacity, and margins. Is It Too Late To Consider Bloom Energy (BE) After Its Recent Share Price Surge
Positive Sentiment: Analysts and commentators continue to highlight Bloom Energy as a beneficiary of booming AI data center power demand, which supports the company’s fuel-cell deployment story. What’s Going On With Bloom Energy Stock Today?
Positive Sentiment: Bloom Energy was included in a bullish stock-picking discussion centered on long-term AI infrastructure winners and future growth potential. Jim Cramer Discusses Bloom Energy’s (BE) Latest Deal
Positive Sentiment: One recent analysis argued that spare capacity could drive strong EPS growth, reinforcing the view that earnings momentum may improve. Bloom Energy: Spare Capacity May Lead To Surging EPS Growth

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BE shares. JPMorgan Chase & Co. upped their target price on shares of Bloom Energy to $267.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Susquehanna increased their price target on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research note on Tuesday, April 14th. TD Cowen increased their price target on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Finally, Evercore reiterated an “outperform” rating and issued a $179.00 price target on shares of Bloom Energy in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Bloom Energy currently has a consensus rating of “Moderate Buy” and an average target price of $217.48.

View Our Latest Analysis on BE

Bloom Energy Price Performance

The firm has a market capitalization of $77.80 billion, a price-to-earnings ratio of -5,445.39 and a beta of 3.82. The company has a fifty day moving average price of $218.26 and a two-hundred day moving average price of $159.36. 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 posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to the consensus estimate 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 in the prior year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts expect that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Maciej Kurzymski sold 6,229 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total value of $1,827,339.44. Following the completion of the sale, the chief accounting officer directly owned 81,945 shares of the company’s stock, valued at approximately $24,039,385.20. This represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mary K. Bush sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director directly owned 108,524 shares of the company’s stock, valued at $28,971,567.04. The trade was a 18.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 268,777 shares of company stock valued at $55,112,564. 3.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Bloom Energy

Several hedge funds have recently modified their holdings of BE. Creekmur Asset Management LLC purchased a new stake in shares of Bloom Energy during the 3rd quarter worth about $1,825,000. Meridian Wealth Management LLC acquired a new position in Bloom Energy during the 3rd quarter worth approximately $553,000. Strs Ohio raised its position in shares of Bloom Energy by 24.8% in the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares in the last quarter. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Bloom Energy in the 3rd quarter valued at approximately $1,985,000. Finally, Fortem Financial Group LLC acquired a new position in shares of Bloom Energy in the 4th quarter valued at approximately $369,000. 77.04% of the stock is owned by institutional investors and hedge funds.

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.