Bloom Energy (NYSE:BE) Stock Price Up 15.2% – Still a Buy?

Bloom Energy Corporation (NYSE:BE) rose 15.2% during trading on Thursday . The stock traded as high as $329.51 and last traded at $328.38. 15,757,307 shares were traded during mid-day trading, an increase of 42% from the average session volume of 11,127,563 shares. The stock had previously closed at $284.99.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Zacks highlighted Bloom Energy’s onsite clean-power platform as a key benefit for customers facing grid limitations, reinforcing the company’s growth opportunity in mission-critical and AI-related power demand. Can Bloom Energy Continue to Benefit From Onsite Power Generation?
• Positive Sentiment: Analysts and commentators continue to point to Bloom Energy as a beneficiary of AI data-center buildout because its solid oxide fuel cells can be deployed quickly for reliable behind-the-meter power. Bull of the Day: Bloom Energy (BE)
• Neutral Sentiment: Sanford C. Bernstein upgraded Bloom Energy to “hold,” which is slightly more constructive than a weaker stance, but the firm’s $276 target was still below the stock’s recent trading levels, limiting the bullish impact. Zacks.com
• Negative Sentiment: Multiple insiders sold shares on June 16, including the CAO and several executives; the company said the sales were for tax withholding tied to equity vesting, but insider selling can still pressure sentiment. SEC filing reference

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein initiated coverage on shares of Bloom Energy in a research note on Tuesday. They set a “market perform” rating and a $276.00 price target for the company. Morgan Stanley reissued an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a research report on Wednesday, April 29th. Roth Mkm set a $225.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Citigroup restated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. Finally, TD Cowen lifted their price target on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus target price of $220.14.

Bloom Energy Stock Up 15.2%

The firm has a 50-day moving average of $254.92 and a 200 day moving average of $175.55. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The stock has a market capitalization of $93.40 billion, a price-to-earnings ratio of -6,566.29 and a beta of 3.73.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s revenue was up 130.4% compared to the same quarter last year. During the same period last year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction 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 in the company, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the sale, the insider directly owned 341,731 shares in the company, valued at $95,342,949. This trade represents a 9.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 230,274 shares of company stock valued at $58,696,472 in the last ninety days. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors and hedge funds have recently modified their holdings of the company. Compound Planning Inc. lifted its stake in Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock valued at $467,000 after purchasing an additional 38 shares during the last quarter. Blue Trust Inc. increased its position in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the last quarter. HB Wealth Management LLC raised its stake in Bloom Energy by 1.6% in the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after buying an additional 54 shares during the period. Glenmede Trust Co. NA raised its stake in Bloom Energy by 0.7% in the first quarter. Glenmede Trust Co. NA now owns 8,382 shares of the company’s stock valued at $1,136,000 after buying an additional 55 shares during the period. Finally, WPG Advisers LLC lifted its position in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. 77.04% of the stock is owned by institutional investors.

About Bloom Energy

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.