Bloom Energy (NYSE:BE) Trading 11.2% Higher – Should You Buy?

Bloom Energy Corporation (NYSE:BE) was up 11.2% on Tuesday . The company traded as high as $287.69 and last traded at $302.8520. Approximately 10,327,401 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 9,540,193 shares. The stock had previously closed at $272.4150.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy is benefiting from a broader rally after President Trump cut U.S. tariffs on key industrial metals, a move that could lower costs for power-generation and industrial hardware companies. Bloom Energy Stock Rises As Trump Cuts U.S. Tariffs
• Positive Sentiment: Oracle said it will partner with Bloom Energy on gigawatt-scale clean fuel-cell power for AI data centers, reinforcing Bloom’s role as a key supplier of on-site power for fast-growing AI infrastructure. Oracle Reshapes AI Data Centers With Clean Power And Arm Shift
• Positive Sentiment: Additional articles highlighted Bloom Energy’s expanding AI power pipeline, including a reported $5 billion Brookfield partnership and other large-scale fuel-cell agreements, which suggest strong demand and could support revenue growth. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
• Positive Sentiment: The CEO said Bloom Energy does not need to raise capital despite the AI boom, which may reassure investors about dilution risk and the company’s funding position. Bloom Energy CEO sees no need to raise capital despite AI boom
• Neutral Sentiment: Bloom Energy was also mentioned in commentary about data-center opposition and NIMBY pushback, with the CEO arguing that resistance to new data centers could actually create more demand for Bloom’s distributed power solutions. NIMBY pushback to data centers a boon for San Jose-based Bloom Energy, CEO Says
• Negative Sentiment: The stock also slipped alongside a broader selloff in fuel-cell names, suggesting some traders were taking profits after a strong run in the sector. FuelCell Energy Plunges 10%, Plug Power Falls 6% in Fuel Cell Rout as Bloom Energy Slips

Analysts Set New Price Targets

Several equities analysts recently issued reports on BE shares. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. BMO Capital Markets increased their price objective on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research note on Friday, February 6th. Morgan Stanley restated an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Finally, Jefferies Financial Group raised shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a research note on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy presently has an average rating of “Moderate Buy” and a consensus price target of $217.48.

Bloom Energy Stock Performance

The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The firm has a market cap of $81.74 billion, a P/E ratio of -5,746.53 and a beta of 3.73. The business has a fifty day simple moving average of $228.90 and a 200-day simple moving average of $163.94.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share 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 net margin of 0.25% and a return on equity of 21.05%. The company’s revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 6,229 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the sale, the chief accounting officer owned 81,945 shares in the company, valued at approximately $24,039,385.20. This represents a 7.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director directly owned 238,333 shares of the company’s stock, valued at $70,949,350.77. This represents a 18.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 323,777 shares of company stock valued at $71,485,514 over the last three months. 3.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BE. Graticule Asia Macro Advisors LLC bought a new stake in Bloom Energy in the third quarter worth $402,494,000. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy in the fourth quarter worth $347,560,000. Trivest Advisors Ltd increased its holdings in shares of Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after acquiring an additional 3,201,000 shares in the last quarter. Norges Bank purchased a new position in shares of Bloom Energy in the 4th quarter worth about $239,683,000. Finally, Jennison Associates LLC raised its position 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 worth $364,066,000 after purchasing an additional 2,673,710 shares during the last quarter. 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.