Bloom Energy (NYSE:BE) Given New $295.00 Price Target at BTIG Research

Bloom Energy (NYSE:BE) had its target price boosted by BTIG Research to $295.00 in a research note released on Wednesday morning, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Mizuho upped their price target on shares of Bloom Energy to $110.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. TD Cowen upped their price objective on shares of Bloom Energy to $160.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Truist Financial set a $68.00 price objective on shares of Bloom Energy in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bloom Energy to $231.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $194.95.

Bloom Energy Stock Up 27.0%

BE opened at $287.41 on Wednesday. Bloom Energy has a twelve month low of $16.05 and a twelve month high of $290.50. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The company has a 50-day moving average price of $169.78 and a 200 day moving average price of $137.02. The company has a market cap of $80.63 billion, a PE ratio of -756.34, a price-to-earnings-growth ratio of 9.42 and a beta of 3.18.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.35. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $531.29 million. During the same quarter in the prior year, the firm earned $0.03 EPS. The company’s revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts expect that Bloom Energy will post 1 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 25,000 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $225.13, for a total transaction of $5,628,250.00. Following the completion of the sale, the insider owned 140,732 shares of the company’s stock, valued at approximately $31,682,995.16. This represents a 15.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Satish Chitoori sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the sale, the insider directly owned 212,365 shares of the company’s stock, valued at approximately $43,371,303.95. This represents a 8.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 455,092 shares of company stock worth $78,564,475 in the last 90 days. 3.00% of the stock is currently owned by insiders.

Institutional Trading of Bloom Energy

Several hedge funds have recently made changes to their positions in the company. Blue Trust Inc. grew its stake in shares of Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after buying an additional 51 shares during the period. HB Wealth Management LLC grew its stake in shares of Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after buying an additional 54 shares during the period. WPG Advisers LLC grew its stake in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the period. Orion Capital Management LLC grew its stake in shares of Bloom Energy by 0.7% in the 4th quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock valued at $1,050,000 after buying an additional 83 shares during the period. Finally, Ritholtz Wealth Management grew its stake in shares of Bloom Energy by 1.5% in the 4th quarter. Ritholtz Wealth Management now owns 5,765 shares of the company’s stock valued at $501,000 after buying an additional 87 shares during the period. Hedge funds and other institutional investors 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 Q1 results and much stronger guidance — Bloom reported $751.1M revenue (up 130% YoY) and $0.44 adj. EPS, beat estimates, posted positive operating profit, and raised FY26 revenue and EPS guidance materially; this is the primary catalyst lifting the stock. Business Wire: Bloom Energy Reports Record First Quarter 2026 Results
• Positive Sentiment: AI/data-center demand and strategic partnerships — Management highlighted surging data‑center demand and announced a data‑center partnership with Oracle, which investors view as durable, high‑margin recurring demand that helps justify higher multiples. Schaeffers: How Options Traders Are Playing the Bloom Energy Stock Melt-Up
• Positive Sentiment: Broker upgrades and higher price targets — Several firms bumped targets/ratings after the print (BTIG to $295 buy; RBC to $335 outperform), reinforcing buy-side momentum and coverage flows. Benzinga: Analyst Price Target Moves
• Neutral Sentiment: Heavy options and momentum trading — Elevated options activity and technical commentary (Murrey Math) are amplifying intraday moves; this can magnify volatility without changing fundamentals. Invezz: Murrey Math Lines Suggest Rally
• Negative Sentiment: Valuation and upside/downside divergence among analysts — Despite upgrades, some updated targets (JPMorgan $267, TD Cowen $235, Wells Fargo $217) still sit below the intraday price, and Seeking Alpha flags extreme forward multiples, leaving the stock vulnerable if growth or margins disappoint. Seeking Alpha: Revenue Explosion Is Impressive but Valuation Stretched

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.