Bloom Energy’s (BE) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank Of Canada in a research report issued on Friday, Benzinga reports. They currently have a $335.00 price target on the stock. Royal Bank Of Canada‘s price objective would indicate a potential upside of 73.06% from the company’s current price.

Several other equities research analysts have also commented on the stock. Mizuho boosted their target price on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research report on Monday, September 14th. Barclays raised their price objective on Bloom Energy from $276.00 to $308.00 and gave the company an “equal weight” rating in a research note on Thursday, October 1st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $260.00 price objective on shares of Bloom Energy in a research note on Wednesday. JPMorgan Chase & Co. dropped their price objective on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Finally, TD Cowen raised Bloom Energy to a “hold” rating in a research note on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $260.36.

Bloom Energy Price Performance

Shares of NYSE BE traded down $24.19 during trading on Friday, hitting $193.58. 15,114,832 shares of the company were exchanged, compared to its average volume of 13,055,628. The company has a market cap of $57.02 billion, a price-to-earnings ratio of 258.11, a PEG ratio of 3.08 and a beta of 3.77. Bloom Energy has a 1 year low of $75.70 and a 1 year high of $351.28. The firm’s fifty day moving average price is $249.46 and its 200 day moving average price is $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 (NYSE:BE) last issued its earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.69 by $0.25. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.07 billion. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business’s revenue was up 138.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.15 EPS. On average, sell-side analysts expect that Bloom Energy will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other news, insider Aman Joshi sold 8,437 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the sale, the insider owned 147,092 shares in the company, valued at $40,769,489.64. This trade represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Maciej Kurzymski sold 2,295 shares of the firm’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 sale, the chief accounting officer owned 77,391 shares in the company, valued at $20,773,292.22. This trade represents a 2.88% 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. Over the last ninety days, insiders have sold 89,698 shares of company stock valued at $21,780,758. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bloom Energy

Several hedge funds have recently made changes to their positions in BE. Blue Trust Inc. boosted its holdings 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 purchasing an additional 51 shares during the last quarter. Continuum Advisory LLC acquired a new stake in shares of Bloom Energy during the second quarter worth $25,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Bloom Energy during the third quarter worth $26,000. Anchor Investment Management LLC acquired a new stake in shares of Bloom Energy during the first quarter worth $27,000. Finally, MJT & Associates Financial Advisory Group Inc. boosted its holdings in shares of Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after purchasing an additional 37 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Record results exceeded expectations: Third-quarter revenue surged 138% year over year to $1.24 billion, while adjusted EPS of $0.94 comfortably topped estimates near $0.69–$0.71. Net income reached $250.3 million versus a loss a year earlier. Bloom Energy Q3 Earnings: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Full-year outlook was raised: Bloom now expects 2026 revenue of $4.4 billion to $4.6 billion, with a midpoint about 9% above analyst expectations. Adjusted full-year EPS guidance was also set at $3.10 to $3.40, reflecting strong demand for on-site power systems. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Data-center demand remains a major growth driver: Management said hyperscalers are accelerating adoption of Bloom’s distributed-power technology. The opportunity may extend beyond AI data centers to broader power and cooling infrastructure needs. Bloom Energy Q3 2026 Earnings Call Transcript
• Positive Sentiment: Bernstein raised its price target to $306 from $282 while maintaining a Market Perform rating, implying substantial potential upside from the referenced $216.69 price. Sanford C. Bernstein recommendations
• Neutral Sentiment: Analyst opinion remains mixed: KeyCorp reaffirmed Sector Weight and BMO maintained a Hold rating, suggesting that some analysts believe the strong results are already reflected in the shares. KeyCorp recommendations
• Negative Sentiment: Cash generation disappointed: Bloom reported approximately $180 million of negative net cash flow for the quarter. That concern appears to be offsetting the earnings beat and higher outlook, particularly after the stock’s substantial prior rally. BE Stock Drops After-Hours
• Negative Sentiment: Valuation leaves little room for disappointment: With a reported price-to-earnings ratio near 289 and a beta of 3.77, BE remains highly sensitive to concerns about execution, cash flow and the sustainability of AI-related demand.

Bloom Energy Company Profile

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.