Bloom Energy (NYSE:BE) Trading Down 6.7% – Here’s Why

Shares of Bloom Energy Corporation (NYSE:BE) were down 6.7% during trading on Monday . The company traded as low as $249.05 and last traded at $257.2860. Approximately 14,752,272 shares traded hands during mid-day trading, an increase of 17% from the average session volume of 12,575,931 shares. The stock had previously closed at $275.75.

Bloom Energy News Roundup

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

• Positive Sentiment: Project Phoenix strengthens the data-center story. RBC described Bloom’s deployment of fuel-cell systems for Aligned Data Centers’ 2-gigawatt Project Phoenix in Pennsylvania as another “meaningful” proof point. The project supports the view that Bloom can provide rapid, onsite power while AI data centers wait for traditional grid connections. Bloom Energy gains another meaningful proof point with Project Phoenix
• Positive Sentiment: S&P 500 inclusion is approaching. Bloom is scheduled to join the index on Sept. 21, which should create forced buying from index-tracking funds and may improve institutional demand and liquidity. Analysts and financial publications also continue to identify BE as being in or near a technical buy zone. Bloom Energy before joining the S&P 500
• Positive Sentiment: Recent operating results support the bullish narrative. Bloom’s latest results showed 165.5% year-over-year revenue growth to $1.07 billion, adjusted earnings well above consensus, and raised fiscal 2026 guidance. Investors are betting that AI-related power demand can sustain rapid revenue and earnings growth.
• Neutral Sentiment: Analysts remain divided over valuation. Some commentary calls the stock attractive because of its data-center opportunity, while other analysis notes that shares have risen roughly 17-fold over three years. With a very high earnings multiple, future growth must remain exceptionally strong to justify the current valuation. Bloom Energy valuation analysis
• Negative Sentiment: Multiple law firms publicized a securities class action. The lawsuit alleges Bloom misled investors about having no China supply chain, including the sourcing of scandium and other components. The allegations have not been proven, but the litigation creates reputational, legal and potential financial risks; the lead-plaintiff deadline is Sept. 28, 2026. Bloom Energy securities class action allegations
• Negative Sentiment: BE remains highly volatile. Recent selling reflected profit-taking and weaker sentiment toward expensive AI-infrastructure stocks, with geopolitical and interest-rate concerns adding pressure to high-beta shares.

Analysts Set New Price Targets

A number of research firms recently weighed in on BE. Truist Financial decreased their target price on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. Jefferies Financial Group raised their price objective on Bloom Energy from $188.00 to $229.00 and gave the company a “hold” rating in a report on Friday, August 14th. Robert W. Baird reaffirmed an “outperform” rating and issued a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Bloom Energy has an average rating of “Moderate Buy” and an average target price of $254.14.

Bloom Energy Stock Up 1.0%

The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The firm has a fifty day simple moving average of $224.39 and a 200-day simple moving average of $227.56. The firm has a market cap of $76.45 billion, a price-to-earnings ratio of 346.08, a P/E/G ratio of 3.29 and a beta of 3.80.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company’s revenue was up 165.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, sell-side analysts expect that Bloom Energy Corporation will post 2.06 EPS for the current year.

Insider Transactions at Bloom Energy

In other news, insider Satish Chitoori sold 2,053 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $241.64, for a total value of $496,086.92. Following the transaction, the insider owned 205,364 shares of the company’s stock, valued at approximately $49,624,156.96. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,895 shares of Bloom Energy stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the sale, the insider directly owned 129,370 shares of the company’s stock, valued at approximately $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 77,968 shares of company stock worth $18,810,011. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bloom Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC grew its stake in shares of Bloom Energy by 4.6% in the second quarter. Sequoia Financial Advisors LLC now owns 6,150 shares of the company’s stock valued at $1,862,000 after acquiring an additional 268 shares in the last quarter. MCF Advisors LLC boosted its holdings in Bloom Energy by 479.2% in the 2nd quarter. MCF Advisors LLC now owns 278 shares of the company’s stock valued at $84,000 after purchasing an additional 230 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Bloom Energy during the 2nd quarter worth approximately $9,444,000. Capital Advantage Inc. acquired a new position in shares of Bloom Energy during the 2nd quarter worth approximately $283,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Bloom Energy by 45.0% during the second quarter. NewEdge Advisors LLC now owns 45,509 shares of the company’s stock worth $13,776,000 after purchasing an additional 14,113 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.