Bloom Energy (NYSE:BE) Shares Down 2.6% – Should You Sell?

Shares of Bloom Energy Corporation (NYSE:BE) fell 2.6% during trading on Friday . The company traded as low as $227.67 and last traded at $230.1020. Approximately 12,175,829 shares were traded during mid-day trading, a decline of 3% from the average session volume of 12,488,795 shares. The stock had previously closed at $236.22.

More Bloom Energy News

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

• Positive Sentiment: AI data-center demand remains the primary catalyst. Bloom’s fuel cells can provide rapidly deployable, onsite power as hyperscalers face grid-connection delays. Reports cited stronger demand tied to CoreWeave’s expansion, while Nebius said switching to Bloom materially improved a New Jersey AI data-center project. Bloom Energy Shares Jump Premarket as AI Power Crunch Drives Demand
• Positive Sentiment: Analyst estimate revisions are supportive. Zacks reported that rising earnings estimates could help the shares extend their recent gains. Earlier coverage also highlighted Bloom’s strong quarterly results: adjusted EPS of $0.78 exceeded the $0.39 consensus, while revenue of $1.07 billion rose 165.5% year over year. Earnings Estimates Rising for Bloom Energy
• Neutral Sentiment: Valuation makes execution critical. Commentary noted that Bloom’s very high earnings multiple already reflects substantial future growth. Investors increasingly need evidence that the company can convert AI-related demand and announced projects into sustained revenue and earnings growth. Bloom Energy Stock Carries a Multiple Built on Quarters It Has Outgrown
• Negative Sentiment: Multiple law firms publicized a securities class action and a September 28 lead-plaintiff deadline. The lawsuit covers investors who bought Bloom securities from February 27, 2025, through July 8, 2026, and alleges inadequate disclosure of supply-chain risks, including potential exposure to Chinese scandium routed through third countries. The allegations have not been proven, but the legal headlines add uncertainty, potential costs and reputational risk. Kaplan Fox Advises Bloom Energy Investors

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on BE shares. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Barclays boosted their price target on Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Truist Financial reduced their price target on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. Citigroup restated a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. Finally, TD Cowen restated a “hold” rating and set a $235.00 price objective on shares of Bloom Energy in a report on Monday, July 20th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Stock Performance

The company’s fifty day simple moving average is $248.98 and its two-hundred day simple moving average is $214.75. The company has a market capitalization of $67.77 billion, a price-to-earnings ratio of 306.80, a price-to-earnings-growth ratio of 3.24 and a beta of 3.79. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same quarter in the prior year, the business posted $0.10 EPS. The company’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts predict that Bloom Energy Corporation will post 1.93 earnings per share for the current fiscal year.

Insider Activity

In other news, Director John T. Chambers sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $205.58, for a total value of $3,083,700.00. Following the completion of the sale, the director directly owned 223,333 shares in the company, valued at approximately $45,912,798.14. The trade was a 6.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Marie Soderberg sold 2,842 shares of the company’s stock in a transaction that occurred 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 directly owned 132,265 shares in the company, valued at approximately $38,175,646.95. This represents a 2.10% 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 have sold a total of 92,585 shares of company stock valued at $25,996,248 over the last three months. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Bayforest Capital Ltd acquired a new position in shares of Bloom Energy in the 1st quarter valued at about $2,055,000. AQR Capital Management LLC bought a new position in Bloom Energy in the first quarter worth about $1,820,000. NewEdge Advisors LLC lifted its holdings in Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after acquiring an additional 1,626 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after acquiring an additional 836,810 shares during the period. Finally, Focus Partners Wealth boosted its stake in Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after acquiring an additional 4,716 shares during the period. 77.04% of the stock is currently owned by institutional investors.

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.