Bloom Energy (NYSE:BE) Shares Up 6.6% – Still a Buy?

Bloom Energy Corporation (NYSE:BE)’s share price shot up 6.6% during mid-day trading on Thursday . The stock traded as high as $167.97 and last traded at $166.94. 9,574,486 shares were traded during mid-day trading, a decline of 18% from the average session volume of 11,657,288 shares. The stock had previously closed at $156.58.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Brookfield commitment — Bloom secured a multibillion‑dollar investment commitment from Brookfield Asset Management to deploy Bloom fuel cells at scale for AI data centers, providing a large, strategic customer pipeline and validation of Bloom’s role in high‑growth digital infrastructure. Bloom Energy Brookfield Deal Links Fuel Cells To AI Data Center Growth
• Positive Sentiment: AI/data‑center demand story — Analysts and commentators highlight urgent power constraints for large AI cloud builds and position Bloom as a near‑term solution for fast power capacity, supporting revenue and backlog growth expectations. Bloom Energy: Positioned To Capture Urgent Demand For Data Centers
• Neutral Sentiment: Mixed analyst setup and consensus targets — Wall Street coverage is mixed (buy/hold/sell split) and consensus 12‑month target sits below today’s level, so further upside may depend on execution and deal announcements rather than multiple expansion alone. Why Bloom Energy Stayed in Focus as AI Power Demand Lifted Interest in the Stock
• Negative Sentiment: Insider sale — Aman Joshi sold 19,944 shares at about $154.85 (~$3.09M), trimming his stake ~9.5%, which can be viewed as a near‑term headwind to sentiment. Aman Joshi Sells 19,944 Shares of Bloom Energy (NYSE:BE) Stock
• Negative Sentiment: Large insider block sales — Shawn Marie Soderberg sold ~42,881 shares across filings (~$6.6M total), and Satish Chitoori sold 18,964 shares (~$2.93M); multiple insider sales in a short window can raise short‑term caution among investors. Insider sales filings (see Soderberg/Chitoori)
• Negative Sentiment: Additional insider sale — Director/officer Maciej Kurzymski sold 7,800 shares at ~$151.85 (~$1.18M), another disclosed reduction in insider holdings. Insider Selling: Bloom Energy (NYSE:BE) Insider Sells 7,800 Shares

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BE shares. Daiwa Securities Group set a $98.00 target price on shares of Bloom Energy in a research report on Tuesday, December 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, January 27th. Citigroup initiated coverage on Bloom Energy in a report on Tuesday, February 24th. They set a “neutral” rating and a $162.00 price objective on the stock. TD Cowen lifted their target price on Bloom Energy to $160.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Finally, Robert W. Baird set a $172.00 target price on Bloom Energy in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $131.87.

Bloom Energy Price Performance

The stock has a fifty day moving average price of $150.92 and a 200-day moving average price of $115.07. The firm has a market capitalization of $46.84 billion, a PE ratio of -439.32, a P/E/G ratio of 6.53 and a beta of 3.11. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The firm had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. During the same period in the prior year, the business posted $0.43 EPS. The firm’s quarterly revenue was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Sell-side analysts forecast that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other news, insider Maciej Kurzymski sold 7,800 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the sale, the insider directly owned 84,294 shares in the company, valued at approximately $12,800,043.90. This trade represents a 8.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary S. Pinkus sold 1,250 shares of Bloom Energy stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $165.80, for a total transaction of $207,250.00. Following the completion of the transaction, the director directly owned 4,149 shares in the company, valued at approximately $687,904.20. The trade was a 23.15% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 354,682 shares of company stock valued at $59,047,182. 3.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Bloom Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the business. WPG Advisers LLC grew its stake in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Bloom Energy by 45.5% in 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. Caitong International Asset Management Co. Ltd purchased a new stake in Bloom Energy in the fourth quarter valued at about $28,000. N.E.W. Advisory Services LLC acquired a new stake in Bloom Energy in the third quarter worth about $32,000. Finally, Fifth Third Bancorp acquired a new position in shares of Bloom Energy during the third quarter valued at about $32,000. Hedge funds and other 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.