Bloom Energy (NYSE:BE) Earns Outperform Rating from Robert W. Baird

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating reaffirmed by analysts at Robert W. Baird in a research note issued to investors on Thursday,Benzinga reports. They presently have a $310.00 price objective on the stock. Robert W. Baird’s price target would suggest a potential upside of 22.00% from the company’s current price.

BE has been the subject of a number of other research reports. Roth Capital boosted their price objective on Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. TD Cowen raised their target price on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Mizuho set a $285.00 target price on shares of Bloom Energy in a report on Friday, May 1st. Zacks Research downgraded shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Barclays increased their price target on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $241.91.

Bloom Energy Stock Down 5.7%

Bloom Energy stock opened at $254.10 on Thursday. Bloom Energy has a fifty-two week low of $24.04 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company has a market capitalization of $72.28 billion, a P/E ratio of -5,080.96 and a beta of 3.73. The stock has a 50-day simple moving average of $283.61 and a 200-day simple moving average of $196.15.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) 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 analysts’ expectations 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% on a year-over-year basis. 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. Equities research analysts expect that Bloom Energy will post 1.34 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In related news, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total value of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares in the company, valued at $70,949,350.77. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the transaction, the insider directly owned 163,807 shares in the company, valued at $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 228,617 shares of company stock valued at $59,843,659. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Several hedge funds have recently made changes to their positions in BE. Blue Trust Inc. increased its stake in shares of 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 acquiring an additional 51 shares during the period. Anchor Investment Management LLC purchased a new position in Bloom Energy during the first quarter worth about $27,000. WPG Advisers LLC lifted its position in 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 purchasing an additional 67 shares during the period. Hantz Financial Services Inc. lifted its position in 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 period. Finally, Godsey & Gibb Inc. boosted its holdings in Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy’s recent Brookfield partnership expansion to support AI infrastructure projects from $5 billion to $25 billion is still seen as a major long-term growth catalyst, which had previously helped drive investor enthusiasm. Brookfield, Bloom Energy Expand AI Infrastructure Partnership to $25 Billion
• Neutral Sentiment: Bloom Energy also drew unusual options activity, with traders buying a larger-than-normal volume of put options, suggesting heightened hedging or speculation around near-term volatility.
• Neutral Sentiment: Analysts and market commentary noted the stock had been extremely strong recently, so some of the move may reflect profit-taking after a big multi-day rally. Here’s Why Bloom Energy (BE) Fell More Than Broader Market
• Negative Sentiment: Hunterbrook published a short report accusing Bloom Energy of issues including supply-chain concerns and alleged overreliance on China, prompting the company to say it is reviewing the report and will “correct the record.” BE Stock Drops 6% After Short Seller Flags Supply Chain Snag On Chinese Overreliance; Bloom Energy Says “Will Correct Record”
• Negative Sentiment: Rosen Law Firm, Frank R. Cruz, and Johnson Fistel all announced investigations into possible securities-law violations, raising legal uncertainty and potential litigation risk for shareholders. Rosen Law Firm Encourages Bloom Energy Corporation Investors to Inquire About Securities Class Action Investigation – BE
• Negative Sentiment: The legal headlines came alongside a broad selloff in BE after the stock had surged recently, amplifying downside momentum as traders reacted to the news flow. Rosen Law Firm Encourages Bloom Energy Corporation Investors to Inquire About Securities Class Action Investigation — BE

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.