Bloom Energy (NYSE:BE) Sets New 12-Month High – Here’s What Happened

Posted by Brenda Bartman on May 14th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $304.92 and last traded at $305.0710, with a volume of 4746217 shares changing hands. The stock had previously closed at $289.76.

Key Headlines Impacting Bloom Energy

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

Positive Sentiment: Bloom Energy was highlighted in a Polen Capital investor letter as a beneficiary of surging AI power demand, reinforcing the investment case that data center electricity needs could support long-term growth. AI Power Demand is Lifting Bloom Energy (BE)
Positive Sentiment: Federal Pacific announced a large contract tied to a Bloom Energy AI data center project, with the deal described as the largest single order in Federal Pacific’s history. Investors are likely viewing this as fresh evidence of accelerating demand for Bloom’s power solutions in mission-critical AI infrastructure. Federal Pacific Awarded Bloom Energy Contract Supporting AI Data Center Infrastructure
Positive Sentiment: Jim Cramer publicly backed Bloom Energy on Mad Money, saying data centers are “going crazy for it” and telling viewers to buy the stock, which can add to retail and momentum buying. Jim Cramer on Bloom Energy: “All the Data Centers Are Going Crazy for It”
Neutral Sentiment: Several recent opinion pieces and market commentary have called Bloom Energy a standout or “once-in-a-decade” idea, which may help sentiment, but these are not new operating results or guidance updates. 2 Reasons Bloom Energy Is a Once-in-a-Decade Stock Pick for Long-Term Investors
Negative Sentiment: One article flagged Bloom Energy among stocks facing bearish Wall Street price targets, suggesting valuation concerns may be growing as the shares have run sharply higher. 1 Unpopular Stock That Should Get More Attention and 2 We Avoid

Analyst Ratings Changes

A number of research analysts recently commented on BE shares. Wells Fargo & Company increased their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. TD Cowen raised their price target on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Evercore reaffirmed an “outperform” rating and issued a $179.00 price target on shares of Bloom Energy in a report on Friday, February 6th. Robert W. Baird increased their price objective on shares of Bloom Energy to $242.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Citigroup boosted their target price on shares of Bloom Energy to $281.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $217.48.

View Our Latest Stock Report on BE

Bloom Energy Stock Performance

The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm has a market capitalization of $86.39 billion, a price-to-earnings ratio of -6,073.07 and a beta of 3.82. The company has a 50-day moving average of $188.64 and a 200-day moving average of $146.87.

Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The firm’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts forecast that Bloom Energy Corporation will post 1.26 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the sale, the insider owned 341,731 shares in the company, valued at $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Aman Joshi sold 10,000 shares of Bloom Energy stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total value of $1,358,800.00. Following the completion of the transaction, the insider owned 180,521 shares of the company’s stock, valued at approximately $24,529,193.48. The trade was a 5.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 515,092 shares of company stock worth $95,003,475 in the last quarter. 3.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds and other institutional investors have recently modified their holdings of the company. Blue Trust Inc. increased its holdings in shares of Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares during the period. Anchor Investment Management LLC bought a new position in Bloom Energy in the 1st quarter worth about $27,000. WPG Advisers LLC increased its stake in shares of Bloom Energy by 26.4% in the fourth 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 period. Hantz Financial Services Inc. raised its holdings in shares of 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 buying an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. boosted its position in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.