Bloom Energy (NYSE:BE) Stock Falls 6.4% – Should You Sell?

Bloom Energy Corporation (NYSE:BE) shares dropped 6.4% during trading on Monday. The stock traded as low as $257.76 and last traded at $262.47. Approximately 13,755,350 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 12,970,395 shares. The stock had previously closed at $280.50.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: AI power demand supports the bull case. Bloom’s onsite solid oxide fuel-cell systems can provide data centers and industrial customers with faster access to electricity. Product revenue previously surged 215% to $935 million, while product gross margin reached 37.2%. An expanded Brookfield financing framework—from $5 billion to $25 billion—could help fund significantly more deployments. Bloom Energy Is Becoming AI’s Power Shortcut
• Positive Sentiment: Investors are positioning for potentially strong third-quarter results. Bloom has raised its full-year guidance twice during the first half of 2026, and another earnings beat accompanied by higher guidance could provide a catalyst. Its latest reported quarter also showed revenue growth of 165.5% year over year and earnings well above consensus. I’m Not Selling Bloom Energy Before Earnings
• Positive Sentiment: Bloom will report third-quarter 2026 results on October 22 after the market close. Management’s conference call is scheduled for 5:00 p.m. Eastern time, giving investors a near-term event to assess demand, margins, guidance and AI infrastructure growth. Bloom Energy to Announce Third Quarter 2026 Financial Results
• Neutral Sentiment: Several comparisons portray Bloom as a potentially attractive AI infrastructure or industrial growth stock relative to NextEra Energy and Vertiv, but these are editorial investment opinions rather than new company developments. Bloom Energy vs. Vertiv
• Negative Sentiment: Valuation and target-price concerns could limit upside. Bloom trades at a very high earnings multiple after rising more than 200% in 2026, while the reported average analyst target is about $258.32—roughly near the current trading range. The stock has also experienced repeated declines of 20% or more, highlighting substantial execution and sentiment risk. Bloom Energy Corporation Stock Has Average Target Price

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group raised their price objective on Bloom Energy from $229.00 to $264.00 and gave the company a “hold” rating in a research report on Tuesday, September 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research note on Sunday, September 6th. Evercore reiterated an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. TD Cowen upgraded shares of Bloom Energy to a “hold” rating in a report on Monday, October 5th. Finally, UBS Group increased their price target on shares of Bloom Energy from $325.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.32.

Bloom Energy Trading Down 6.4%

The company’s 50 day simple moving average is $247.46 and its two-hundred day simple moving average is $243.18. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $77.30 billion, a price-to-earnings ratio of 349.96, a P/E/G ratio of 3.61 and a beta of 3.77.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same period in the prior year, the firm posted $0.10 earnings per share. The business’s quarterly revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts anticipate that Bloom Energy Corporation will post 2.04 earnings per share for the current fiscal year.

Insider Activity

In other Bloom Energy news, insider Satish Chitoori sold 2,870 shares of the stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the completion of the sale, the insider directly owned 202,494 shares in the company, valued at approximately $54,685,529.64. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,895 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider owned 129,370 shares of the company’s stock, valued at approximately $30,220,832. This trade represents a 2.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 89,698 shares of company stock worth $21,780,758 over the last quarter. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

A number of large investors have recently modified their holdings of the business. Continuum Advisory LLC acquired a new position in Bloom Energy during the second quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. grew its position in shares of Bloom Energy by 49.3% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after purchasing an additional 37 shares during the period. Markowski Investments acquired a new stake in shares of Bloom Energy in the second quarter valued at about $37,000. Bogart Wealth LLC increased its stake in shares of Bloom Energy by 725.0% during the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock worth $40,000 after purchasing an additional 116 shares in the last quarter. Finally, Carolina Wealth Advisors LLC increased its stake in shares of Bloom Energy by 51.7% during the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after purchasing an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.