Bloom Energy (NYSE:BE) Shares Down 9.4% – Here’s Why

Posted by Geri Gentry on Oct 14th, 2026

Bloom Energy Corporation (NYSE:BE – Get Free Report)’s stock price fell 9.4% during trading on Wednesday. The company traded as low as $235.70 and last traded at $238.7970. 16,835,724 shares changed hands during mid-day trading, an increase of 30% from the average session volume of 12,988,253 shares. The stock had previously closed at $263.45.

Analyst Upgrades and Downgrades

BE has been the topic of several analyst reports. Evercore reissued an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Truist Financial lowered their target price on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. Barclays increased their price objective on shares of Bloom Energy from $276.00 to $308.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 1st. BMO Capital Markets reduced their price target on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday, July 29th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $282.00 price target on shares of Bloom Energy in a research note on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Bloom Energy presently has a consensus rating of “Moderate Buy” and an average price target of $257.18.

Read Our Latest Research Report on Bloom Energy

Bloom Energy Price Performance

The firm has a market cap of $70.33 billion, a P/E ratio of 318.40, a PEG ratio of 3.38 and a beta of 3.77. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The firm has a 50-day simple moving average of $249.02 and a 200-day simple moving average of $244.80.

Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company’s quarterly revenue was up 165.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts forecast that Bloom Energy Corporation will post 2.04 EPS for the current year.

Insider Transactions at Bloom Energy

In related news, insider Satish Chitoori sold 2,870 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the transaction, the insider directly owned 202,494 shares of the company’s stock, valued at $54,685,529.64. This represents a 1.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,437 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $277.17, for a total value of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This represents a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bloom Energy

Large investors have recently bought and sold shares of the company. Blue Trust Inc. increased its stake in shares of Bloom Energy by 37.2% in the first 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. Continuum Advisory LLC purchased a new position in shares of Bloom Energy during the 2nd quarter valued at about $25,000. Anchor Investment Management LLC purchased a new stake in shares of Bloom Energy in the first quarter worth about $27,000. Godsey & Gibb Inc. grew its holdings in 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 acquiring an additional 200 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. raised its position in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after acquiring an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

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.