Bloom Energy (NYSE:BE) Shares Down 2% – Here’s What Happened

Posted by Francis Steltz on Aug 20th, 2026

Shares of Bloom Energy Corporation (NYSE:BE – Get Free Report) fell 2% on Thursday . The stock traded as low as $197.33 and last traded at $202.52. Approximately 9,427,642 shares were traded during trading, a decline of 24% from the average session volume of 12,481,348 shares. The stock had previously closed at $206.63.

Bloom Energy News Roundup

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

Positive Sentiment: Bloom introduced Power Connect, a factory-integrated system intended to reduce onsite power installation time by more than 40%. Faster deployment could improve Bloom’s competitiveness for time-sensitive AI data-center projects and support future revenue growth. Bloom Energy Power Connect faster AI data centers
Positive Sentiment: Investor interest remains supported by the expanding power needs of AI infrastructure. Bloom reportedly has visibility into as much as 25 gigawatts of potential deployments, while its fuel-cell systems can provide power without waiting for grid expansion. However, the opportunity is already reflected in a substantial share-price run-up. Bloom Energy 25 gigawatt deployment visibility
Neutral Sentiment: Bloom’s recent fundamentals remain strong: quarterly revenue rose 165.5% year over year to $1.07 billion and earnings of $0.78 per share exceeded estimates. Nonetheless, its valuation—reported at more than 270 times earnings—leaves the stock highly sensitive to project timing, execution and growth expectations. Bloom Energy valuation and growth outlook
Negative Sentiment: Hydrogen and fuel-cell stocks sold off together as higher Treasury yields made speculative, high-growth companies less attractive relative to bonds. Bloom is also facing questions about the timing and execution of major data-center projects, including permitting for Project Jupiter. Hydrogen stock selloff
Negative Sentiment: Several law firms publicized a securities class action alleging that Bloom misrepresented its exposure to Chinese export controls, tariffs and supply-chain risks. The allegations have not been proven, but the litigation creates potential financial and reputational risk; investors have until September 28, 2026, to seek lead-plaintiff status. Bloom Energy securities class action
Negative Sentiment: Recent disclosures show insider selling by executives and directors. The sales were generally attributed to tax withholding or equity-award vesting, but continued selling without reported insider purchases may weigh on sentiment following the stock’s sharp advance.

Analyst Ratings Changes

Several research firms have commented on BE. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. BMO Capital Markets reduced their target price on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research note on Wednesday, July 29th. Citigroup reiterated a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. Royal Bank Of Canada reissued an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a report on Wednesday, June 10th. Finally, Robert W. Baird reiterated an “outperform” rating and issued a $310.00 price objective on shares of Bloom Energy in a research report on Thursday, July 9th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $248.05.

Get Our Latest Stock Analysis on Bloom Energy

Bloom Energy Stock Performance

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 company has a market cap of $59.65 billion, a PE ratio of 270.03, a P/E/G ratio of 2.86 and a beta of 3.79. The business has a fifty day moving average of $246.25 and a 200-day moving average of $216.61.

Bloom Energy (NYSE:BE – Get Free Report) last released 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 business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same quarter in the previous year, the business posted $0.10 earnings per share. The firm’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts anticipate that Bloom Energy Corporation will post 1.92 earnings per share for the current fiscal year.

Insider Transactions at Bloom Energy

In other news, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the transaction, the insider owned 163,807 shares in the company, valued at approximately $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Satish Chitoori sold 2,837 shares of Bloom Energy stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total value of $820,205.07. Following the completion of the sale, the insider owned 207,417 shares of the company’s stock, valued at $59,966,328.87. The trade was a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 144,464 shares of company stock worth $38,504,205 over the last quarter. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Large investors have recently made changes to their positions in the business. Fortem Financial Group LLC acquired a new position in Bloom Energy during the 4th quarter valued at approximately $369,000. Strs Ohio grew its holdings in shares of Bloom Energy by 24.8% during the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after buying an additional 8,200 shares during the last quarter. Norges Bank acquired a new position in shares of Bloom Energy in the 4th quarter valued at $239,683,000. Militia Capital Management LLC purchased a new position in Bloom Energy in the 1st quarter worth $813,000. Finally, Assenagon Asset Management S.A. raised its stake in Bloom Energy by 3,398.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock worth $72,611,000 after acquiring an additional 233,020 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

About Bloom Energy

(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.