Bloom Energy Corporation (NYSE:BE – Get Free Report) shares rose 8% during trading on Wednesday . The company traded as high as $292.99 and last traded at $282.3250. Approximately 10,282,538 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 11,172,680 shares. The stock had previously closed at $261.34.
Key Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy won a power supply deal with Nebius, boosting confidence that its fuel-cell systems are gaining traction as a solution for AI/data-center power needs. BE stock climbs on power supply deal with Nebius — retail calls Bloom an ‘energy juggernaut’
- Positive Sentiment: Recent coverage continues to frame Bloom Energy as a beneficiary of AI-related electricity demand and a key clean-energy infrastructure name. Is Bloom Energy (BE) One of the Best Climate Change Stocks to Buy According to Analysts?
- Positive Sentiment: Analysts remain broadly constructive: CNN-compiled ratings show an even split between Buy and Hold, with a median target above the recent trading level, supporting the stock’s momentum. Is Bloom Energy (BE) One of the Best Climate Change Stocks to Buy According to Analysts?
- Neutral Sentiment: Bloom Energy was also mentioned in a broader roundup of hydrogen and energy stocks, reflecting continued speculative interest in the group rather than a new fundamental development. FuelCell Energy Rockets 15%, Bloom Energy Jumps 9% While Plug Power Drifts: Why Hydrogen Bulls Picked Winners
- Negative Sentiment: Recent insider selling may temper enthusiasm somewhat, though the filings say the sales were mainly for tax withholding tied to equity awards rather than a direct negative signal on the business. Bloom Energy Insiders Sold US$68m Of Shares Suggesting Hesitancy
Analyst Ratings Changes
BE has been the topic of a number of recent analyst reports. BMO Capital Markets increased their price objective on Bloom Energy to $149.00 and gave the company a “market perform” rating in a report on Friday, February 6th. China Renaissance assumed coverage on Bloom Energy in a report on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price objective on the stock. Jefferies Financial Group upgraded Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research note on Tuesday, April 14th. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Finally, UBS Group raised their price target on Bloom Energy to $251.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and a consensus price target of $217.48.
Bloom Energy Stock Up 8.0%
The business has a 50 day moving average of $198.40 and a 200-day moving average of $151.36. The stock has a market cap of $80.31 billion, a PE ratio of -5,645.37 and a beta of 3.82. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.
Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm’s quarterly revenue was up 130.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.
Insider Activity at Bloom Energy
In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,746 shares of Bloom Energy stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $259.42, for a total value of $712,367.32. Following the transaction, the insider directly owned 135,107 shares in the company, valued at approximately $35,049,457.94. This trade represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 4,813 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $288.20, for a total value of $1,387,106.60. Following the completion of the transaction, the insider owned 175,708 shares in the company, valued at $50,639,045.60. This trade represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 525,271 shares of company stock worth $99,167,479 in the last ninety days. Company insiders own 3.00% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of BE. Graticule Asia Macro Advisors LLC purchased a new position in shares of Bloom Energy in the 3rd quarter valued at approximately $402,494,000. Brooklands Fund Management Ltd purchased a new position in shares of Bloom Energy in the 4th quarter valued at approximately $347,560,000. Trivest Advisors Ltd grew its stake in shares of Bloom Energy by 1,461.6% in the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after purchasing an additional 3,201,000 shares during the last quarter. Norges Bank purchased a new position in shares of Bloom Energy in the 4th quarter valued at approximately $239,683,000. Finally, Jennison Associates LLC grew its stake in shares of Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares during the last quarter. 77.04% of the stock is currently owned by hedge funds and other institutional investors.
About Bloom Energy
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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