Bloom Energy Corporation (NYSE:BE – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $211.21, but opened at $236.71. Bloom Energy shares last traded at $237.5610, with a volume of 5,395,205 shares changing hands.
More Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: AI power partnership strengthens growth narrative: Bloom is expanding its relationship with MiTAC Computing Technology to deploy a fuel-cell microgrid at MiTAC’s AI-server manufacturing campus in Fremont, California. The agreement reinforces Bloom’s positioning as a solution to lengthy grid-connection timelines and rising power demand from AI infrastructure. Bloom Energy Deepens AI Power Footprint In Fremont
- Positive Sentiment: Positive earnings and guidance remain supportive: Recent results significantly exceeded expectations, with quarterly revenue of approximately $1.07 billion versus an $826 million consensus estimate and EPS of $0.78 versus $0.39 expected. Revenue increased sharply year over year, and Bloom has raised or maintained an optimistic outlook, helping fuel the bullish growth-stock case. Q2 Earnings Season Standouts
- Positive Sentiment: Analyst and media momentum: Zacks added Bloom to its highest-rated growth-stock list, while coverage continues to highlight the company’s time-to-power advantage and potential demand from AI data centers. These factors may attract momentum-oriented investors, although they also raise expectations for continued execution. Best Growth Stocks to Buy for August 11th
- Neutral Sentiment: Valuation and volatility are elevated: Bloom’s strong rally has pushed its valuation to levels that leave limited room for earnings or contract disappointments. Investors are weighing substantial AI-related upside against execution risk and the possibility that growth expectations are already reflected in the stock.
- Negative Sentiment: Multiple law firms are promoting a securities class action: Notices issued August 11–12 reiterate a September 28, 2026 lead-plaintiff deadline for investors who purchased Bloom securities during the stated class period. The lawsuit alleges Bloom misrepresented its supply chain, including claims that Chinese-sourced scandium and components were routed through other countries despite statements that the company had no China supply chain. The allegations have not been proven, but they create legal, reputational and potential financial risks. Levi & Korsinsky Class Action Notice
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on BE. JPMorgan Chase & Co. lowered their price target on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Susquehanna boosted their price objective on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and dropped their target price for the company from $285.00 to $242.00 in a report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $246.18.
Bloom Energy Stock Up 11.3%
The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The firm has a 50 day moving average price of $251.08 and a 200-day moving average price of $213.46. The firm has a market cap of $69.26 billion, a price-to-earnings ratio of 313.55, a P/E/G ratio of 2.88 and a beta of 3.79.
Bloom Energy (NYSE:BE – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the prior year, the company earned $0.10 EPS. The firm’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. On average, equities analysts forecast that Bloom Energy Corporation will post 1.93 EPS for the current year.
Insider Buying and Selling
In related news, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the transaction, the chief accounting officer directly owned 79,686 shares in the company, valued at $22,998,973.32. The trade was a 2.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $205.58, for a total value of $3,083,700.00. Following the completion of the sale, the director directly owned 223,333 shares in the company, valued at approximately $45,912,798.14. The trade was a 6.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 102,388 shares of company stock valued at $28,821,270. 3.00% of the stock is owned by company insiders.
Hedge Funds Weigh In On Bloom Energy
Several hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. raised its holdings in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in Bloom Energy during the 1st quarter worth about $27,000. WPG Advisers LLC raised its stake in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. lifted its holdings in 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 purchasing an additional 200 shares in the last quarter. Hedge funds and other 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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