Shares of Bloom Energy Corporation (NYSE:BE – Get Free Report) were up 4.6% on Friday . The stock traded as high as $269.23 and last traded at $260.3920. Approximately 8,476,934 shares were traded during trading, a decline of 24% from the average daily volume of 11,102,647 shares. The stock had previously closed at $248.88.
Bloom Energy News Summary
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
Analyst Ratings Changes
Several research analysts have weighed in on BE shares. Jefferies Financial Group upgraded Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a report on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. Robert W. Baird boosted their price target on Bloom Energy to $242.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. TD Cowen boosted their price target on Bloom Energy to $235.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. Finally, UBS Group boosted their price target on Bloom Energy to $251.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and an average price target of $217.48.
Bloom Energy Stock Up 4.6%
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 quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The firm has a fifty day moving average of $246.21 and a 200-day moving average of $171.19.
Bloom Energy (NYSE:BE – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. Bloom Energy’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current year.
Insider Buying and Selling at Bloom Energy
In related news, Director John T. Chambers sold 55,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the sale, the director owned 238,333 shares in the company, valued at approximately $70,949,350.77. This represents a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Aman Joshi sold 4,813 shares of the company’s stock in a transaction dated 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. The trade was 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 valued at $71,485,514 in the last ninety days. Insiders own 3.00% of the company’s stock.
Institutional Trading of Bloom Energy
Institutional investors and hedge funds have recently bought and sold shares of the stock. Graticule Asia Macro Advisors LLC acquired a new position in Bloom Energy during the third quarter worth approximately $402,494,000. Brooklands Fund Management Ltd acquired a new position in Bloom Energy during the fourth quarter worth approximately $347,560,000. Trivest Advisors Ltd increased its position in Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after buying an additional 3,201,000 shares during the last quarter. Norges Bank acquired a new position in Bloom Energy during the fourth quarter worth approximately $239,683,000. Finally, Jennison Associates LLC increased its position in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Institutional investors own 77.04% of the company’s stock.
Bloom Energy Company Profile
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.
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