Bloom Energy (NYSE:BE) Reaches New 12-Month High – Here’s What Happened

Shares of Bloom Energy Corporation (NYSE:BE) reached a new 52-week high on Thursday . The stock traded as high as $313.49 and last traded at $315.8270, with a volume of 5838620 shares. The stock had previously closed at $282.31.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy announced a $2.6 billion partnership with Nebius to deploy fuel cells that will power Nebius’s U.S. data centers. Investors are viewing the deal as validation that Bloom’s behind-the-meter power systems can benefit from surging AI infrastructure demand. Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
• Positive Sentiment: Coverage from Barron’s and other outlets highlighted that the Nebius deal solves a key AI dilemma: reliable on-site power for expanding data centers. That narrative reinforces Bloom Energy’s role as an AI infrastructure beneficiary. Nebius Stock Is Rising. A Partnership With Bloom Energy Solves This AI Dilemma.
• Positive Sentiment: Several market articles noted Bloom Energy has been one of the strongest winners in the AI power trade, and prior quarterly results showed revenue and EPS well ahead of expectations. That strong operating momentum is still supporting bullish sentiment in the stock. Bloom Energy: Our 2026 Top Pick Was The Best-Performing Stock In April
• Neutral Sentiment: Analyst and commentary pieces noted mixed sentiment, with some calling Bloom one of the better climate/energy names while others flagged insider selling and a high valuation after the rally. These points may temper enthusiasm but are not direct business setbacks. Bloom Energy Insiders Sold US$68m Of Shares Suggesting Hesitancy
• Negative Sentiment: 24/7 Wall St. argued Bloom Energy’s rally may have outpaced fundamentals and set a lower price target than the market price, suggesting some investors may see the stock as stretched after the sharp run-up. Bloom Energy’s Rally May Have Pushed the Stock Too Far
• Negative Sentiment: Seeking Alpha’s “Pause Warranted” piece also suggests investors may want to wait for a better entry point after the recent surge, reflecting concern that BE has already priced in much of the good news. Bloom Energy: Pause Warranted

Analyst Ratings Changes

Several research firms have weighed in on BE. China Renaissance began coverage on Bloom Energy in a research note on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price target for the company. Citigroup increased their target price on Bloom Energy to $281.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Wells Fargo & Company increased their target price on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Susquehanna increased their target price on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Finally, BMO Capital Markets increased their target price on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus price target of $217.48.

Bloom Energy Stock Performance

The company has a market capitalization of $87.96 billion, a P/E ratio of -6,168.51 and a beta of 3.82. The business has a 50-day moving average of $201.03 and a 200-day moving average of $152.45. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. During the same period last year, the company earned $0.03 EPS. Bloom Energy’s quarterly revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other news, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction 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 sale, the director directly owned 108,524 shares in the company, valued at approximately $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Maciej Kurzymski sold 6,229 shares of Bloom Energy stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total value of $1,827,339.44. Following the sale, the chief accounting officer owned 81,945 shares of the company’s stock, valued at approximately $24,039,385.20. This trade represents a 7.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 525,271 shares of company stock valued at $99,167,479. 3.00% of the stock is owned by company insiders.

Institutional Trading of Bloom Energy

Several institutional investors and hedge funds have recently made changes to their positions in BE. Bayforest Capital Ltd bought a new stake in shares of Bloom Energy during the first quarter worth $2,055,000. AQR Capital Management LLC bought a new stake in shares of Bloom Energy during the first quarter worth $1,820,000. NewEdge Advisors LLC lifted its position in shares of Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after purchasing an additional 1,626 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after purchasing an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of Bloom Energy by 30.7% during the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after purchasing an additional 4,716 shares during the last quarter. 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.