Bloom Energy (NYSE:BE) Stock Price Up 7.2% After Analyst Upgrade

Bloom Energy Corporation (NYSE:BE)’s stock price rose 7.2% on Tuesday after Wells Fargo & Company raised their price target on the stock from $176.00 to $182.00. Wells Fargo & Company currently has an equal weight rating on the stock. Bloom Energy traded as high as $224.17 and last traded at $218.6320. 15,559,455 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 13,215,696 shares. The stock had previously closed at $203.92.

Other equities analysts also recently issued reports about the company. Clear Str raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Robert W. Baird boosted their price objective on shares of Bloom Energy from $310.00 to $351.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Susquehanna raised their target price on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a research note on Friday, July 10th. KeyCorp restated a “sector weight” rating on shares of Bloom Energy in a research note on Friday. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Bloom Energy in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.00.

Insider Transactions at Bloom Energy

In related news, insider Aman Joshi sold 8,437 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares in the company, valued at approximately $40,769,489.64. This trade represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the sale, the insider directly owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. This trade represents a 1.40% decrease in their position. 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 in the last quarter. 3.00% of the stock is owned by insiders.

Bloom Energy News Roundup

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

• Positive Sentiment: Raised 2026 guidance: Bloom increased its outlook, reinforcing confidence in strong demand and execution. BMO reportedly set a $260 price target, while Barclays raised its target to $316 from $308. Bloom Energy raises 2026 guidance
• Positive Sentiment: AI power demand remains a major catalyst: Investors continue to view Bloom as a potential beneficiary of rapidly increasing electricity consumption from data centers and artificial-intelligence infrastructure. Bloom Energy Stock and Other Big Winners From AI’s Monstrous Energy Consumption
• Positive Sentiment: Strong quarterly growth is attracting buyers: Bloom reported revenue of $1.24 billion, up 138% year over year, and exceeded earnings expectations. The broader fuel-cell group is also recovering as the initial post-earnings selling pressure eases. Fuel Cell Stocks Rally as Post-Earnings Selloff Keeps Unwinding
• Neutral Sentiment: Analyst sentiment is mixed: Some analysts raised targets following the earnings report, but Wells Fargo maintained an equal-weight rating and lifted its target only to $182, implying downside from recent trading levels. Wells Fargo raises Bloom Energy price target
• Negative Sentiment: Cash-flow concerns drove the original selloff: Despite record profitability and strong revenue growth, negative operating cash flow and potential short-term funding needs have made investors question the quality and sustainability of the earnings. Stock of the Day: Where is the Bottom for Bloom Energy?
• Negative Sentiment: Valuation remains demanding: With a high earnings multiple and the stock still well above some analysts’ targets, investors may continue to sell into rallies if cash-flow improvement does not materialize quickly. Bloom Energy Slumps After Q3: Buy the Dip or Catch a Falling Knife?

Hedge Funds Weigh In On Bloom Energy

Several institutional investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after purchasing an additional 583,135 shares during the last quarter. Jennison Associates LLC grew its stake in shares of Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares during the period. Bank of America Corp DE raised its holdings in Bloom Energy by 6.1% during the first quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after purchasing an additional 126,649 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Bloom Energy during the 2nd quarter worth approximately $296,413,000. Finally, Elemental Capital Partners LLC boosted its stake in shares of Bloom Energy by 2.5% during the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock worth $287,791,000 after purchasing an additional 25,625 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

Bloom Energy Stock Performance

The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. The stock has a 50-day moving average price of $247.73 and a 200 day moving average price of $217.94. The firm has a market cap of $64.39 billion, a PE ratio of 134.13, a P/E/G ratio of 2.50 and a beta of 3.77.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.25. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The business’s quarterly revenue was up 138.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.15 EPS. Research analysts forecast that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.