Bloom Energy (NYSE:BE) Stock Price Down 4.8% – Should You Sell?

Posted by Brenda Bartman on Sep 30th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report)’s share price dropped 4.8% on Wednesday. The stock traded as low as $276.90 and last traded at $277.2440. 14,598,008 shares were traded during trading, an increase of 12% from the average daily volume of 13,022,999 shares. The stock had previously closed at $291.25.

Key Stories Impacting Bloom Energy

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

Positive Sentiment: Analyst upgrades support the stock: RBC maintained an Outperform rating and a $335 price target, implying substantial upside and forecasting a potential recovery in the final quarter of 2026. RBC analyst says Bloom Energy is poised for recovery
Positive Sentiment: Jefferies raised its price target to $264 from $229, citing improving prospects even while retaining a Hold rating. The increase reflects stronger investor expectations for Bloom’s growth and AI-related demand. Jefferies raises Bloom Energy price target
Positive Sentiment: Data-center power demand remains the central bullish catalyst. CEO K.R. Sridhar said electricity demand is coming from multiple directions, including artificial intelligence and data centers. Coverage also highlighted Bloom’s factory expansion, fuel-cell demand outlook and new 800-volt direct-current architecture as potential growth drivers. Bloom Energy CEO discusses power demand
Positive Sentiment: Oracle-related demand expectations remain supportive. Reports said Oracle reaffirmed its Project Jupiter relationship, reinforcing the view that Bloom could benefit from large AI data-center deployments. Bloom’s recent S&P 500 inclusion may also improve institutional visibility and demand. Oracle reaffirms Project Jupiter relationship
Neutral Sentiment: Investors are reassessing whether the AI power boom justifies Bloom’s valuation. The shares have risen more than 200% this year, making future gains increasingly dependent on sustained revenue growth, margin improvement and execution. What comes next for Bloom Energy stock
Negative Sentiment: Valuation and target-price concerns may be limiting upside. Jefferies’ $264 target remains below the recent share price, while the stock’s very high earnings multiple leaves it vulnerable to profit-taking or disappointing growth.
Negative Sentiment: Project execution risks remain unresolved. Oracle’s force majeure notice involving a natural-gas pipeline delay for Project Jupiter highlights potential infrastructure and timing risks for Bloom and other AI-power suppliers. Oracle force majeure notice and AI build-out risks

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BE. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Citigroup reissued a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a report on Monday. Truist Financial reduced their target price on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating on the stock in a research report on Wednesday, July 29th. Finally, Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Three 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and an average target price of $255.73.

Get Our Latest Analysis on Bloom Energy

Bloom Energy Stock Down 4.8%

The stock has a 50 day simple moving average of $233.13 and a 200-day simple moving average of $235.91. The firm has a market cap of $81.66 billion, a PE ratio of 369.66, a PEG ratio of 3.36 and a beta of 3.80. 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 issued 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. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The company’s revenue was up 165.5% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 2.06 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,295 shares of Bloom Energy stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the transaction, the chief accounting officer directly owned 77,391 shares of the company’s stock, valued at approximately $20,773,292.22. The trade was a 2.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,870 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the transaction, the insider owned 202,494 shares in the company, valued at approximately $54,685,529.64. This represents a 1.40% 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. Insiders sold 81,261 shares of company stock worth $19,442,275 in the last 90 days. Insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Several institutional investors have recently added to or reduced their stakes in the business. QRG Capital Management Inc. lifted its holdings in shares of Bloom Energy by 107.0% during the second quarter. QRG Capital Management Inc. now owns 27,250 shares of the company’s stock valued at $8,248,000 after purchasing an additional 14,087 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Bloom Energy in the 2nd quarter worth about $620,000. Silicon Valley Capital Partners raised its position in Bloom Energy by 107.0% in the 2nd quarter. Silicon Valley Capital Partners now owns 2,070 shares of the company’s stock worth $627,000 after buying an additional 1,070 shares during the last quarter. IKE Capital LLC bought a new position in Bloom Energy during the 2nd quarter valued at about $2,952,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Bloom Energy by 4.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,150 shares of the company’s stock valued at $1,862,000 after acquiring an additional 268 shares during the last quarter. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

About Bloom Energy

(Get Free Report)

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.