Bloom Energy (NYSE:BE) Upgraded at Zacks Research

Bloom Energy (NYSE:BE) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other research firms also recently weighed in on BE. Barclays lifted their price objective on Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. Jefferies Financial Group set a $188.00 target price on shares of Bloom Energy in a research report on Wednesday. Evercore restated an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a report on Wednesday, July 1st. JPMorgan Chase & Co. dropped 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 note on Wednesday. Finally, Oppenheimer reissued a “market perform” rating on shares of Bloom Energy in a report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus target price of $250.00.

Bloom Energy Trading Down 1.8%

BE opened at $163.86 on Tuesday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The stock’s fifty day moving average is $264.93 and its two-hundred day moving average is $208.65. The company has a market capitalization of $46.61 billion, a P/E ratio of 218.48 and a beta of 3.73. Bloom Energy has a 52 week low of $32.52 and a 52 week high of $351.28.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 44.62% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the prior year, the business earned $0.10 EPS. The business’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts forecast that Bloom Energy will post 1.43 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Maciej Kurzymski sold 6,229 shares of Bloom Energy stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the transaction, the chief accounting officer owned 81,945 shares of the company’s stock, valued at $24,039,385.20. The trade was a 7.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the completion of the transaction, the director directly owned 108,524 shares in the company, valued at approximately $28,971,567.04. The trade was a 18.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 118,617 shares of company stock valued at $34,238,909 in the last three months. 3.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bloom Energy

Institutional investors have recently bought and sold shares of the company. Fortem Financial Group LLC acquired a new position in shares of Bloom Energy during the fourth quarter valued at about $369,000. Strs Ohio boosted its stake in Bloom Energy by 24.8% in the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after purchasing an additional 8,200 shares in the last quarter. Norges Bank purchased a new stake in Bloom Energy during the 4th quarter worth approximately $239,683,000. Cidel Asset Management Inc. purchased a new stake in Bloom Energy during the 1st quarter worth approximately $445,000. Finally, Zweig DiMenna Associates LLC purchased a new stake in Bloom Energy during the 1st quarter worth approximately $8,468,000. 77.04% of the stock is currently owned by institutional investors and hedge funds.

More Bloom Energy News

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

• Positive Sentiment: Record quarterly results: Second-quarter revenue increased 165.5% year over year to approximately $1.07 billion, surpassing the $826 million consensus estimate. Adjusted earnings of $0.78 per share were double the $0.39 analyst expectation and rose from $0.10 a year earlier. Bloom Energy Reports Record Second Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Guidance was raised substantially: Bloom lifted its 2026 revenue outlook to $3.9 billion-$4.2 billion from $3.4 billion-$3.8 billion previously, above the roughly $3.7 billion consensus. EPS guidance of $2.55-$2.85 also exceeds the prior consensus estimate of $1.99. Bloom Energy Q2 Earnings Beat Estimates on Product Growth, View Up
• Positive Sentiment: AI infrastructure demand remains a key catalyst: Strong product sales and onsite-power demand reflect growing electricity needs from data centers. An expanded Brookfield partnership provides up to $25 billion in financing support for deployments, potentially improving Bloom’s ability to convert its backlog into revenue. Why Bloom Energy May Be the Most Important AI Infrastructure Stock
• Neutral Sentiment: Analyst views remain mixed: BTIG reaffirmed a Buy rating with a $295 target, while JPMorgan maintained Overweight but reduced its target from $346 to $314. BMO cut its target from $279 to $227 and retained a Market Perform rating, highlighting continued uncertainty despite the improved outlook.
• Negative Sentiment: Valuation and volatility are risks: The stock has experienced a sharp pullback after a substantial multi-year advance, encouraging profit-taking. Its elevated valuation, negative reported P/E and high beta leave shares particularly sensitive to changes in sentiment and interest-rate expectations.
• Negative Sentiment: Broader market pressure is a headwind: Technology and AI-related stocks were broadly weaker ahead of the Federal Reserve’s interest-rate decision, potentially limiting the benefit of Bloom’s strong company-specific results in the short term.

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.