Bloom Energy (NYSE:BE) Trading Down 4.5% – Here’s Why

Posted by Geri Gentry on Jul 13th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report)’s stock price dropped 4.5% on Monday . The stock traded as low as $228.30 and last traded at $233.4950. 10,009,137 shares changed hands during trading, a decline of 15% from the average daily volume of 11,732,188 shares. The stock had previously closed at $244.61.

Analysts Set New Price Targets

BE has been the topic of several research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $335.00 price target on shares of Bloom Energy in a research report on Wednesday, June 10th. Roth Capital raised their price target on Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Wells Fargo & Company upped their price objective on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Bloom Energy currently has a consensus rating of “Hold” and a consensus target price of $242.14.

Check Out Our Latest Stock Report on Bloom Energy

Bloom Energy Price Performance

The company has a 50 day moving average of $283.35 and a 200 day moving average of $198.41. The stock has a market capitalization of $66.42 billion, a price-to-earnings ratio of -4,668.97 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.

Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm’s revenue was up 130.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts forecast that Bloom Energy Corporation will post 1.4 EPS for the current fiscal year.

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Shawn Marie Soderberg sold 35,000 shares of Bloom Energy stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total value of $9,765,000.00. Following the transaction, the insider owned 341,731 shares in the company, valued at $95,342,949. This trade represents a 9.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the sale, the insider owned 163,807 shares of the company’s stock, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 228,617 shares of company stock valued at $59,843,659 over the last 90 days. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tema ETFs LLC increased its position in shares of Bloom Energy by 60.8% in the second quarter. Tema ETFs LLC now owns 113,313 shares of the company’s stock worth $34,300,000 after acquiring an additional 42,828 shares in the last quarter. E. Ohman J or Asset Management AB increased its holdings in Bloom Energy by 21.2% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 9,214 shares of the company’s stock valued at $2,789,000 after purchasing an additional 1,610 shares in the last quarter. Carolina Wealth Advisors LLC raised its position in Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after purchasing an additional 46 shares during the period. Fulton Bank N.A. acquired a new position in shares of Bloom Energy during the second quarter worth about $295,000. Finally, Veery Capital LLC purchased a new stake in shares of Bloom Energy in the second quarter worth about $202,000. 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.