Bloom Energy (NYSE:BE) Stock Price Up 2.8% – Here’s What Happened

Shares of Bloom Energy Corporation (NYSE:BE) rose 2.8% during trading on Wednesday . The company traded as high as $241.89 and last traded at $234.5560. 13,126,531 shares traded hands during trading, an increase of 5% from the average session volume of 12,513,120 shares. The stock had previously closed at $228.11.

More Bloom Energy News

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

• Positive Sentiment: Exceptional earnings remain the main bullish catalyst. Bloom Energy reported quarterly revenue of $1.07 billion, a 165.5% year-over-year increase that exceeded the $826.1 million consensus estimate. Adjusted earnings per share of $0.78 also topped expectations of $0.39, while management provided fiscal 2026 EPS guidance of $2.55 to $2.85. Zacks earnings article
• Positive Sentiment: AI data-center demand is strengthening Bloom’s growth narrative. With grid capacity struggling to keep pace with data-center construction, operators are considering on-site power generation. Bloom’s fuel-cell systems could benefit from this trend, while expanded project financing may help accelerate deployments. AI data-center demand article
• Neutral Sentiment: Analyst opinion remains constructive but valuation-sensitive. Bloom has a consensus “Moderate Buy” rating and an average price target of $246.18. Recent targets include $282 from Bernstein, $295 from BTIG and $300 from UBS, although UBS reduced its target and several analysts maintain Hold ratings. The stock’s elevated valuation increases sensitivity to any slowdown in growth.
• Negative Sentiment: Several law firms are promoting a securities class action against Bloom Energy. The lawsuit covers purchases from February 27, 2025, through July 8, 2026, and alleges that Bloom and certain executives misled investors about its materials and supply-chain exposure, including China. The allegations have not been proven, but the litigation creates legal, reputational and headline risk; the lead-plaintiff deadline is September 28, 2026. Kaplan Fox class action announcement
• Negative Sentiment: Director John Chambers sold 15,000 shares for approximately $3.08 million, reducing his direct ownership by 6.29%. He continues to hold 223,333 shares, so the transaction is a modest warning signal rather than evidence of broad insider selling. SEC insider filing

Analysts Set New Price Targets

A number of brokerages have commented on BE. BTIG Research reissued a “buy” rating and set a $295.00 target price on shares of Bloom Energy in a report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $335.00 price objective on shares of Bloom Energy in a report on Wednesday, June 10th. Clear Str raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, UBS Group cut their price objective on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Three equities research 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $246.18.

Bloom Energy Stock Performance

The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The company has a market capitalization of $66.72 billion, a price-to-earnings ratio of 312.74 and a beta of 3.79. The firm has a 50-day simple moving average of $257.85 and a two-hundred day simple moving average of $210.88.

Bloom Energy (NYSE:BE) last released its 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 net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same period in the prior year, the business earned $0.10 EPS. The firm’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. On average, sell-side analysts anticipate that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Insider Activity

In other news, insider Shawn Marie Soderberg sold 2,879 shares of Bloom Energy stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $288.10, for a total value of $829,439.90. Following the completion of the transaction, the insider owned 137,853 shares in the company, valued at approximately $39,715,449.30. This trade represents a 2.05% decrease in their position. The sale 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, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total value of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares of the company’s stock, valued at approximately $70,949,350.77. This represents a 18.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 133,617 shares of company stock worth $37,322,609 over the last three months. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BE. Fortem Financial Group LLC acquired a new stake in Bloom Energy during the fourth quarter worth approximately $369,000. Strs Ohio lifted its position in shares of Bloom Energy by 24.8% during the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after buying an additional 8,200 shares during the last quarter. Norges Bank acquired a new position in shares of Bloom Energy in the 4th quarter valued at $239,683,000. Militia Capital Management LLC acquired a new position in shares of Bloom Energy in the 1st quarter valued at $813,000. Finally, Cidel Asset Management Inc. purchased a new position in shares of Bloom Energy in the 1st quarter valued at $445,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.