Bloom Energy (NYSE:BE) Earns “Outperform” Rating from Royal Bank Of Canada

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $335.00 price target on the stock. Royal Bank Of Canada‘s price objective would indicate a potential upside of 74.66% from the company’s previous close.

A number of other analysts also recently issued reports on BE. TD Cowen raised shares of Bloom Energy to a “hold” rating in a report on Monday, October 5th. JPMorgan Chase & Co. lowered their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a report on Friday. Mizuho boosted their target price on shares of Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research note on Monday, September 14th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $260.00 price target on shares of Bloom Energy in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $260.36.

Bloom Energy Trading Down 11.9%

Bloom Energy stock traded down $25.97 during mid-day trading on Friday, hitting $191.80. The company’s stock had a trading volume of 18,037,976 shares, compared to its average volume of 13,070,427. The business has a 50 day moving average price of $249.46 and a 200-day moving average price of $249.56. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. Bloom Energy has a 12 month low of $75.70 and a 12 month high of $351.28. The stock has a market cap of $56.49 billion, a price-to-earnings ratio of 257.21, a price-to-earnings-growth ratio of 3.08 and a beta of 3.77.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted $0.15 earnings per share. The firm’s revenue was up 138.1% on a year-over-year basis. As a group, analysts forecast that Bloom Energy will post 2.04 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other news, insider Aman Joshi sold 8,437 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider owned 147,092 shares of the company’s stock, valued at $40,769,489.64. The trade was a 5.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Maciej Kurzymski sold 2,295 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the sale, the chief accounting officer owned 77,391 shares of the company’s stock, valued at $20,773,292.22. This trade represents a 2.88% 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. Insiders sold 89,698 shares of company stock valued at $21,780,758 in the last quarter. Insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Hedge funds have recently bought and sold shares of the stock. Montanova Capital LLC bought a new position in shares of Bloom Energy in the second quarter worth approximately $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Bloom Energy by 78.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after purchasing an additional 583,135 shares during the period. Militia Capital Management LLC purchased a new position in shares of Bloom Energy during the 1st quarter valued at $813,000. Assenagon Asset Management S.A. lifted its stake in shares of Bloom Energy by 3,398.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after buying an additional 233,020 shares in the last quarter. Finally, Zweig DiMenna Associates LLC bought a new position in Bloom Energy in the 1st quarter worth $8,468,000. Institutional investors own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Record Q3 results: Revenue surged 138.1% year over year to $1.24 billion, while adjusted earnings reached $0.94 per share, well above the roughly $0.69–$0.71 analyst consensus. Bloom also reported net income of $250.3 million, compared with a loss a year earlier. Bloom Energy Q3 earnings report
• Positive Sentiment: Raised 2026 outlook: Bloom lifted full-year adjusted EPS guidance to $3.10–$3.40 and revenue guidance to $4.4–$4.6 billion, both above Wall Street expectations. This was the company’s third guidance increase of the year and reflects continued demand for on-site power from data centers and other customers. Bloom Energy lifts outlook and reports higher profit
• Positive Sentiment: Analyst support remains: RBC reaffirmed an “outperform” rating with a $335 price target, while Bernstein raised its target to $306, suggesting some analysts see significant long-term upside from distributed power and AI infrastructure demand. RBC analyst rating
• Neutral Sentiment: Management said Bloom’s opportunity extends beyond AI data centers, with broader demand expected for reliable, on-site electricity and hydrogen-related applications. However, investors remain focused on whether that growth can translate into sustainable free cash flow. Bloom Energy CEO discusses power demand
• Negative Sentiment: Cash flow is overshadowing profits: Bloom reported approximately $180 million of negative net cash flow in Q3. Investors are concerned that aggressive manufacturing expansion and working-capital needs could require substantial additional funding despite the earnings beat. Bloom Energy cash flow analysis
• Negative Sentiment: High expectations and valuation: With the stock priced for substantial future growth, investors appear to be taking profits after the pre-earnings rally. KeyCorp maintained a “sector weight” rating, reinforcing the cautious view that strong results may already be reflected in the share price.

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.