Bloom Energy (NYSE:BE) Trading Up 6.5% – Should You Buy?

Posted by Brenda Bartman on Aug 27th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report) shares rose 6.5% on Tuesday . The stock traded as high as $218.53 and last traded at $217.2790. 14,799,237 shares traded hands during trading, an increase of 18% from the average daily volume of 12,491,729 shares. The stock had previously closed at $204.02.

More Bloom Energy News

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

Positive Sentiment: Investor interest remains strong in Bloom Energy’s solid-oxide fuel-cell systems as artificial-intelligence data centers seek reliable, onsite electricity. Recent commentary points to robust demand, improving backlog expectations and the possibility that Bloom’s backlog could exceed $50 billion over time. Bloom Energy Stock Climbs Thursday: What’s Going On? Prediction: Bloom Energy’s Backlog Will Top $50 Billion Before Year’s End
Positive Sentiment: A bullish Seeking Alpha initiation argued that Bloom’s growth prospects and business quality justify a premium valuation, while other investors highlighted the company as a potential major beneficiary of the AI infrastructure buildout. The stock has advanced sharply over the past year, reinforcing momentum but also raising expectations. Bloom Energy: The Price Is Steep, But So Is The Quality
Neutral Sentiment: Broader risk appetite is returning to hydrogen and fuel-cell stocks, supporting group trading activity. However, coverage indicates that investors are currently differentiating companies largely by share-price momentum rather than fundamentals, which may make Bloom’s movement volatile. Plug Power Gains 4% as Risk Appetite Returns
Negative Sentiment: Several law firms publicized a securities class action against Bloom Energy and certain current and former officers. The allegations center on claims that Bloom misrepresented its scandium sourcing and stated it had “no China supply chain.” The litigation covers purchases made during portions of 2025–2026, with a September 28, 2026 lead-plaintiff deadline. The allegations have not been proven, but the case creates legal, reputational and potential financial exposure. Bloom Energy Class Action Announcement
Negative Sentiment: Valuation remains a vulnerability: Bloom Energy trades at a very high earnings multiple, so any disappointment involving growth, backlog conversion or legal developments could trigger an outsized reaction.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Robert W. Baird reiterated an “outperform” rating and set a $310.00 price objective on shares of Bloom Energy in a research note on Thursday, July 9th. Wells Fargo & Company decreased their target price on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Bloom Energy in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Bloom Energy currently has an average rating of “Moderate Buy” and an average target price of $248.05.

View Our Latest Stock Analysis on BE

Bloom Energy Price Performance

The stock has a market cap of $65.03 billion, a PE ratio of 293.73, a price-to-earnings-growth ratio of 2.98 and a beta of 3.79. The stock’s fifty day moving average is $240.10 and its 200-day moving average is $218.61. 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 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 company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same period in the previous year, the business posted $0.10 EPS. Bloom Energy’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. As a group, equities analysts anticipate that Bloom Energy Corporation will post 1.92 EPS for the current year.

Insider Buying and Selling

In other Bloom Energy news, Director Jeffrey R. Immelt sold 30,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John T. Chambers sold 15,000 shares of Bloom Energy stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the sale, the director owned 208,333 shares in the company, valued at $52,083,250. This represents a 6.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,464 shares of company stock valued at $22,131,255 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several large investors have recently made changes to their positions in the stock. Continuum Advisory LLC acquired a new position in Bloom Energy during the second quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. raised its holdings in shares of Bloom Energy by 49.3% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after buying an additional 37 shares during the period. Markowski Investments acquired a new position in Bloom Energy during the 2nd quarter worth about $37,000. Bogart Wealth LLC lifted its stake in Bloom Energy by 725.0% during the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock worth $40,000 after acquiring an additional 116 shares in the last quarter. Finally, Carolina Wealth Advisors LLC boosted its holdings in Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after acquiring an additional 46 shares during the period. 77.04% of the stock is currently 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.