Bloom Energy (NYSE:BE – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 3.100-3.400 for the period, compared to the consensus earnings per share estimate of 2.570. The company issued revenue guidance of $4.4 billion-$4.6 billion, compared to the consensus revenue estimate of $4.1 billion.
Bloom Energy Stock Performance
Shares of BE opened at $192.52 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The stock has a market capitalization of $56.70 billion, a P/E ratio of 118.11, a P/E/G ratio of 2.81 and a beta of 3.77. The company’s fifty day moving average is $248.71 and its two-hundred day moving average is $249.16. Bloom Energy has a 1 year low of $75.70 and a 1 year high of $351.28.
Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 53.69%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $0.15 EPS. Bloom Energy’s quarterly revenue was up 138.1% on a year-over-year basis. On average, sell-side analysts predict that Bloom Energy will post 2.04 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages have recently issued reports on BE. Roth Capital set a $230.00 price target on shares of Bloom Energy in a research note on Friday. Truist Financial increased their price target on shares of Bloom Energy from $218.00 to $240.00 and gave the stock a “hold” rating in a report on Friday, October 16th. Susquehanna raised their price objective on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research report on Friday, July 10th. Wells Fargo & Company lowered their price objective on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Finally, Sanford C. Bernstein lifted their price objective on Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.36.
Read Our Latest Stock Report on Bloom Energy
Insider Activity
In related news, insider Aman Joshi sold 8,437 shares of Bloom Energy stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the transaction, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Jeffrey R. Immelt sold 30,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares in the company, valued at $48,078,965.13. This trade represents a 12.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,698 shares of company stock valued at $21,780,758 in the last quarter. Insiders own 3.00% of the company’s stock.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
- Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
- Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
- Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
- Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
- Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.
About Bloom Energy
Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.
The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.
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