Bloom Energy (NYSE:BE) Stock Price Up 2.9% – Still a Buy?

Shares of Bloom Energy Corporation (NYSE:BE) were up 2.9% during trading on Wednesday . The stock traded as high as $153.70 and last traded at $150.0540. Approximately 7,133,196 shares changed hands during trading, a decline of 39% from the average daily volume of 11,675,379 shares. The stock had previously closed at $145.88.

Bloom Energy News Roundup

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

• Positive Sentiment: New CFO appointment could strengthen financial execution and investor confidence — Bloom named Simon Edwards as CFO (effective April 13), a finance executive with experience scaling tech and digital infrastructure businesses; that background aligns with Bloom’s data‑center and service-contract growth strategy. Bloom Energy Appoints Simon Edwards as Chief Financial Officer
• Positive Sentiment: AI / data‑center demand narrative supports revenue and backlog growth — Bloom’s CERAWeek presentation and multiple analyst write-ups highlight strong multibillion‑dollar backlog, growing service contracts, and increasing demand from AI data centers, which can drive higher margins and recurring revenue. How Bloom Energy’s AI-Focused Power Pitch at CERAWeek 2026 Will Impact Bloom Energy (BE) Investors
• Positive Sentiment: Evidence of recent commercial traction — Industry commentary and investor notes point to a Q4 surge driven by data‑center demand, reinforcing the growth thesis that underpinned Bloom’s recent revenue beats. Bloom Energy (BE) Surged in Q4 Due to Demand from Data Centers
• Neutral Sentiment: Street sentiment is mixed/average — Aggregated brokerage coverage sits around a “Hold” average, indicating no clear consensus upgrade pressure despite operational positives. Bloom Energy Corporation Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Jefferies downgrade and lower price target weigh on near-term sentiment — Jefferies cut its target to $97 and set an “underperform” rating, signaling expected downside from current levels and likely contributing to selling pressure. Jefferies Lowers Price Target
• Negative Sentiment: Analyst skepticism over valuation could limit re‑rating — Several writeups highlight concerns that strong growth still faces valuation scrutiny, which may keep upward moves capped until consistent margin expansion or guidance delivery. Bloom Energy’s Robust Performance Meets Analyst Skepticism Over Valuation

Analysts Set New Price Targets

A number of research analysts have weighed in on BE shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, January 27th. TD Cowen lifted their price target on Bloom Energy to $160.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Barclays started coverage on Bloom Energy in a report on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 price target for the company. Evercore reiterated an “outperform” rating and set a $179.00 price target on shares of Bloom Energy in a research report on Friday, February 6th. Finally, Citigroup assumed coverage on Bloom Energy in a report on Tuesday, February 24th. They issued a “neutral” rating and a $162.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy has an average rating of “Hold” and an average target price of $131.65.

Bloom Energy Trading Up 0.0%

The company has a 50 day simple moving average of $152.57 and a 200 day simple moving average of $118.56. The company has a market capitalization of $37.46 billion, a PE ratio of -351.43, a price-to-earnings-growth ratio of 6.13 and a beta of 3.11. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98.

Bloom Energy (NYSE:BE) last released its earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The business had revenue of $777.68 million for the quarter, compared to the consensus estimate of $647.59 million. During the same quarter last year, the business posted $0.43 earnings per share. The business’s quarterly revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Analysts anticipate that Bloom Energy Corporation will post -0.23 earnings per share for the current year.

Insider Buying and Selling

In other Bloom Energy news, insider Maciej Kurzymski sold 7,800 shares of Bloom Energy stock in a transaction on Monday, March 16th. The shares were sold at an average price of $151.85, for a total transaction of $1,184,430.00. Following the sale, the insider owned 84,294 shares of the company’s stock, valued at $12,800,043.90. The trade was a 8.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Satish Chitoori sold 18,964 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $154.45, for a total transaction of $2,928,989.80. Following the sale, the insider directly owned 232,365 shares of the company’s stock, valued at $35,888,774.25. The trade was a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 370,092 shares of company stock worth $61,365,925 in the last ninety days. Company insiders own 3.60% of the company’s stock.

Institutional Trading of Bloom Energy

Several large investors have recently bought and sold shares of BE. WPG Advisers LLC boosted its holdings in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Bloom Energy in the fourth quarter valued at approximately $28,000. N.E.W. Advisory Services LLC purchased a new position in Bloom Energy during the third quarter worth approximately $32,000. Finally, Fifth Third Bancorp acquired a new position in Bloom Energy during the third quarter worth $32,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Company Profile

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.