Bloom Energy (NYSE:BE) Lowered to “Hold” Rating by Zacks Research

Posted by Geri Gentry on Jul 1st, 2026

Zacks Research downgraded shares of Bloom Energy (NYSE:BE – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Bloom Energy to $267.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Mizuho set a $285.00 target price on Bloom Energy in a research report on Friday, May 1st. Roth Mkm set a $225.00 price target on Bloom Energy in a research note on Wednesday, April 29th. Finally, BTIG Research upped their price target on Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $224.36.

View Our Latest Stock Report on Bloom Energy

Bloom Energy Stock Performance

BE opened at $302.41 on Monday. The firm has a market capitalization of $86.02 billion, a P/E ratio of -6,047.03 and a beta of 3.73. The stock’s 50 day moving average price is $278.07 and its two-hundred day moving average price is $188.33. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. Bloom Energy has a 12-month low of $21.52 and a 12-month high of $351.28.

Bloom Energy (NYSE:BE – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $539.94 million. During the same period in the prior year, the company earned $0.03 EPS. The business’s quarterly revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts forecast that Bloom Energy will post 1.31 earnings per share for the current year.

Insider Buying and Selling

In other news, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the sale, the director directly owned 238,333 shares in the company, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Satish Chitoori sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the completion of the sale, the insider directly owned 212,365 shares in the company, valued at approximately $43,371,303.95. The trade was a 8.61% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 220,274 shares of company stock worth $57,337,672. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors have recently added to or reduced their stakes in BE. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy in the 4th quarter worth approximately $347,560,000. Norges Bank acquired a new position in Bloom Energy during the fourth quarter worth $239,683,000. Jennison Associates LLC raised its stake in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after acquiring an additional 2,673,710 shares in the last quarter. Amundi lifted its holdings in shares of Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares during the period. Finally, Man Group plc lifted its holdings in shares of Bloom Energy by 177.4% during the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after acquiring an additional 1,530,167 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Bloom Energy

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

Positive Sentiment: Bloom Energy and Brookfield expanded their AI infrastructure partnership from a $5 billion framework to $25 billion, a fivefold increase that signals stronger long-term demand for Bloom’s onsite power solutions and could support additional project financing and revenue growth. Article Title
Positive Sentiment: Recent commentary continues to frame Bloom Energy as a key beneficiary of AI data center power demand, with investors focused on its strong revenue growth and improving earnings momentum as the AI buildout accelerates. Article Title
Neutral Sentiment: The company was also highlighted in a comparison piece versus Ballard Power, which favored BE based on stronger price performance and growth expectations, but this was more commentary than a new fundamental development. Article Title
Negative Sentiment: Zacks Research downgraded Bloom Energy from “strong-buy” to “hold,” which may temper enthusiasm after the stock’s sharp rally and suggests analysts see less near-term upside at current levels. Article Title

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.