Bloom Energy Corporation (NYSE:BE – Get Free Report) shares traded up 2.8% on Wednesday . The stock traded as high as $241.89 and last traded at $234.5560. 13,126,531 shares changed hands during trading, an increase of 5% from the average session volume of 12,513,120 shares. The stock had previously closed at $228.11.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy announced an expanded partnership with MiTAC Computing Technology to deploy fuel-cell systems for an islanded microgrid supporting AI infrastructure. The agreement reinforces Bloom’s positioning in onsite power for data centers, although financial terms were not disclosed. Bloom Energy Continues to Set the Standard for AI Onsite Power with Expanded MiTAC Partnership
- Positive Sentiment: Bloom Energy was added to Zacks’ Rank #1 “Strong Buy” growth-stock list, providing a favorable analyst-based signal amid the stock’s sharp volatility. Best Growth Stocks to Buy for August 7th
- Neutral Sentiment: Bloom is reportedly considering an expansion of its Fremont, California, advanced-manufacturing operations that could create hundreds of jobs. The move could support future capacity, but details and investment costs remain unclear. Bloom Energy eyes Fremont expansion
- Negative Sentiment: Several law firms are promoting an existing securities class action covering investors who purchased Bloom securities from February 27, 2025, through July 8, 2026. The allegations reportedly center on statements that Bloom had no China supply-chain exposure while allegedly obtaining scandium through intermediaries linked to China. Investors may seek lead-plaintiff status by September 28, 2026. The repeated notices increase negative sentiment and raise potential legal, financial, and reputational risks, although the allegations have not been proven. Robbins LLP Urges BE Stockholders
- Negative Sentiment: Recent commentary highlights a steep pullback over the past month following a short-seller report and the lawsuit filing, suggesting investors remain focused on supply-chain disclosures and elevated valuation risk. Is Bloom Energy Undervalued Following The Lawsuit And Short Seller Report?
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Sanford C. Bernstein increased their price objective on shares of Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a report on Wednesday, July 29th. Jefferies Financial Group set a $188.00 price objective on Bloom Energy in a research note on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Citigroup restated a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Bloom Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.18.
Bloom Energy Stock Down 3.8%
The firm has a market cap of $62.63 billion, a PE ratio of 293.57, a price-to-earnings-growth ratio of 3.20 and a beta of 3.79. The company has a 50-day simple moving average of $255.43 and a 200-day simple moving average of $212.11. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.
Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The company’s revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts expect that Bloom Energy Corporation will post 1.93 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $205.58, for a total transaction of $3,083,700.00. Following the transaction, the director owned 223,333 shares of the company’s stock, valued at approximately $45,912,798.14. This represents a 6.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Maciej Kurzymski sold 2,259 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the transaction, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 108,617 shares of company stock worth $30,648,609. 3.00% of the stock is owned by company insiders.
Hedge Funds Weigh In On Bloom Energy
A number of hedge funds and other institutional investors have recently modified their holdings of BE. Blue Trust Inc. lifted its holdings in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the period. Anchor Investment Management LLC bought a new position in shares of Bloom Energy in the 1st quarter worth $27,000. WPG Advisers LLC lifted its stake in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. boosted its holdings in shares of Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.
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.
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