Bloom Energy (NYSE:BE) Shares Gap Up – Here’s What Happened

Bloom Energy Corporation (NYSE:BE)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $204.02, but opened at $213.55. Bloom Energy shares last traded at $214.3420, with a volume of 4,083,217 shares changing hands.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Congressional disclosures showed purchases of approximately 15,000 Bloom Energy shares and 200 call options by the Pelosi family. The high-profile trade boosted retail interest and investor confidence in Bloom’s fuel-cell power systems for AI data centers. Nancy Pelosi Invested $3 Million in This AI Energy Play
• Positive Sentiment: Analysts and financial commentators reiterated bullish views following Bloom’s strong second-quarter results. Non-GAAP EPS of $0.78 exceeded the roughly $0.41 consensus estimate, revenue rose about 167% year over year to $1.07 billion, and gross margin expanded to 34.3%. Bloom Energy: Pelosi Buys And Sell-Side Earnings Hikes, Reiterate Buy
• Positive Sentiment: Bloom raised fiscal 2026 targets to $3.9 billion–$4.2 billion of revenue, 34% gross margin, $800 million–$900 million of operating income, and $2.55–$2.85 of EPS. Analysts’ consensus price targets near $275 also imply substantial potential upside, although targets are not guarantees. Wall Street Analysts See a 36.89% Upside in Bloom Energy
• Positive Sentiment: Coverage highlighted demand for Bloom’s modular, onsite power systems as data centers face electricity shortages. Oracle-related demand and Brookfield’s expanded financing framework were cited as potential catalysts for scaling deployments. Bloom Energy: Factory-Built Power Is Becoming AI’s Fastest Route to Scale
• Neutral Sentiment: Despite the bullish outlook, Bloom remains a volatile, richly valued stock after a significant pullback from its recent high, making further gains dependent on continued execution and delivery of the raised guidance.
• Negative Sentiment: Several law firms publicized securities class actions alleging Bloom misled investors about having no China supply-chain exposure, after a report linked Chinese-sourced scandium to its supply base. The lawsuits and September 28 lead-plaintiff deadline create legal and reputational overhang, although the allegations have not been proven. BE Shareholder Alert: Securities Class Action Lawsuit

Wall Street Analysts Forecast Growth

BE has been the topic of a number of research reports. Barclays boosted their target price on shares of Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd. Oppenheimer reaffirmed a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a research note on Wednesday, April 29th. Evercore reissued an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. Finally, Citigroup reiterated a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Bloom Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Stock Up 4.7%

The firm has a market cap of $62.93 billion, a PE ratio of 285.75, a P/E/G ratio of 2.76 and a beta of 3.79. 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 stock has a 50-day simple moving average of $242.72 and a two-hundred day simple moving average of $217.54.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same period in the previous year, the firm posted $0.10 earnings per share. The firm’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts expect that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insider Activity at Bloom Energy

In other Bloom Energy news, Director Jeffrey R. Immelt sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares in the company, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Satish Chitoori sold 2,053 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $241.64, for a total value of $496,086.92. Following the completion of the transaction, the insider owned 205,364 shares of the company’s stock, valued at $49,624,156.96. This represents a 0.99% 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 a total of 144,464 shares of company stock valued at $38,504,205 over the last ninety days. Insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MJT & Associates Financial Advisory Group Inc. raised its stake 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 worth $34,000 after buying an additional 37 shares during the period. Compound Planning Inc. raised its holdings in shares of Bloom Energy by 1.1% during the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock worth $467,000 after acquiring an additional 38 shares in the last quarter. Carolina Wealth Advisors LLC grew its stake in shares of Bloom Energy by 51.7% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after buying an additional 46 shares in the last quarter. Blue Trust Inc. grew its position in Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares in the last quarter. Finally, Odyssean LLC increased its position in shares of Bloom Energy by 1.8% during the 2nd quarter. Odyssean LLC now owns 2,926 shares of the company’s stock valued at $886,000 after purchasing an additional 51 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

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.