Bloom Energy (NYSE:BE) Shares Up 4.3% – Here’s What Happened

Bloom Energy Corporation (NYSE:BE) rose 4.3% on Tuesday . The stock traded as high as $252.00 and last traded at $243.4620. 8,740,225 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 11,694,825 shares. The stock had previously closed at $233.49.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: UBS reiterated a Buy rating and a $350 price target on Bloom Energy, with analysts arguing the recent selloff may be overdone. Bloom Energy’s Biggest Selloff In Months Has Created A Wall Street Divide – Analyst Says Market May Be Overreacting
• Positive Sentiment: Multiple articles highlighted Bloom Energy as a key AI infrastructure beneficiary, with strong demand for on-site power at data centers supporting the stock’s longer-term growth story. UBS says ‘buy the dip’ in Bloom Energy stock
• Positive Sentiment: Recent commentary said Bloom Energy’s alternative power demand and robust growth forecasts are helping offset concerns about its premium valuation. Alternative Power Demand Drives Bloom Energy (BE) Higher
• Neutral Sentiment: Bloom Energy remains a highly debated stock after a long run, with valuation models pointing in different directions and investors questioning how much AI-related growth is already priced in. Bloom Energy (BE) Stock Could Be Below Fair Value After A 12x Run
• Neutral Sentiment: Broader energy stocks were mostly flat to slightly lower in afternoon trading, offering little sector support for BE. Sector Update: Energy Stocks Decline Tuesday Afternoon
• Negative Sentiment: Some coverage focused on Bloom Energy’s steep multi-year rally and premium valuation, which could limit upside if growth expectations cool. FuelCell’s Big Partnership Couldn’t Outrun Its Big Bill

Analyst Ratings Changes

Several equities analysts have recently issued reports on BE shares. Susquehanna boosted their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday. Citigroup reaffirmed a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. BTIG Research lifted their price objective on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, UBS Group boosted their target price on shares of Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $250.41.

Bloom Energy Price Performance

The business has a fifty day moving average price of $282.36 and a 200 day moving average price of $199.41. 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 company has a market capitalization of $69.25 billion, a price-to-earnings ratio of -4,868.27 and a beta of 3.73.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during 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 quarterly revenue was up 130.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, research analysts expect that Bloom Energy Corporation will post 1.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Satish Chitoori sold 2,837 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total value of $820,205.07. Following the completion of the transaction, the insider directly owned 207,417 shares in the company, valued at $59,966,328.87. This trade represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the transaction, the insider owned 132,265 shares in the company, valued at $38,175,646.95. This represents a 2.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 178,617 shares of company stock worth $49,632,159. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds have recently modified their holdings of the company. Bayforest Capital Ltd acquired a new stake in shares of Bloom Energy in the first quarter valued at $2,055,000. AQR Capital Management LLC acquired a new stake in Bloom Energy during the first quarter valued at approximately $1,820,000. NewEdge Advisors LLC boosted its holdings in Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after buying an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after buying an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after buying an additional 4,716 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

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.