Bloom Energy (NYSE:BE) Stock Price Up 8.9% – Here’s Why

Bloom Energy Corporation (NYSE:BE)’s stock price rose 8.9% during mid-day trading on Monday . The company traded as high as $305.41 and last traded at $295.06. Approximately 8,922,288 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 11,653,406 shares. The stock had previously closed at $270.89.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy and Brookfield expanded their strategic alliance to support up to $25 billion of AI power infrastructure projects, boosting the company’s growth outlook and highlighting strong demand for its fuel cell technology. Brookfield, Bloom Energy Expand AI Infrastructure Partnership to $25 Billion
• Positive Sentiment: Market commentary says the Brookfield financing expansion could make BE look undervalued, with some analysts arguing the pullback may be an entry point if AI power demand keeps scaling. Bloom Energy Won a $25 Billion AI Power Deal. Then the Stock Fell 8%. That’s Your Entry Point.
• Neutral Sentiment: Bloom Energy also announced it will report second-quarter 2026 results on July 28, which could become the next catalyst for the stock. Bloom Energy to Announce Second Quarter 2026 Financial Results on July 28, 2026
• Negative Sentiment: Some trading reports say the stock’s recent surge in fuel-cell and hydrogen names is triggering profit-taking, which helps explain why shares have been under pressure despite the positive Brookfield news. FuelCell Energy Drops 10%, Bloom Energy Slides 8%, Plug Power Falls 5% Despite Positive News as Profit-Taking Hits Fuel Cell Stocks

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. JPMorgan Chase & Co. raised their target price on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. Robert W. Baird raised their target price on Bloom Energy to $242.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company raised their price target on shares of Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Hold” and a consensus target price of $238.82.

Bloom Energy Stock Performance

The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company’s 50-day moving average price is $283.22 and its two-hundred day moving average price is $194.93. The stock has a market cap of $76.60 billion, a PE ratio of -5,385.28 and a beta of 3.73.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company’s revenue was up 130.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts forecast that Bloom Energy Corporation will post 1.34 EPS for the current year.

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total value of $820,286.46. Following the sale, the insider owned 132,265 shares of the company’s stock, valued at $38,175,646.95. This trade represents a 2.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the transaction, the insider owned 163,807 shares in the company, valued at $49,202,708.59. The trade was a 4.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 228,617 shares of company stock worth $59,843,659 over the last three months. Corporate insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. increased its position in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the period. Anchor Investment Management LLC bought a new position in shares of Bloom Energy in the first quarter worth approximately $27,000. WPG Advisers LLC grew its holdings in shares of Bloom Energy by 26.4% during the fourth 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 last quarter. Hantz Financial Services Inc. grew its holdings in shares of Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. increased its position in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Bloom Energy Company Profile

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.