Robert W. Baird Forecasts Strong Price Appreciation for Bloom Energy (NYSE:BE) Stock

Bloom Energy (NYSE:BE) had its price objective raised by stock analysts at Robert W. Baird from $310.00 to $351.00 in a report released on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price objective suggests a potential upside of 46.99% from the company’s current price.

BE has been the topic of a number of other reports. Zacks Research downgraded shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Wells Fargo & Company dropped their target price on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Sunday, September 6th. Truist Financial cut their price target on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.05.

Bloom Energy Stock Down 9.4%

Shares of BE opened at $238.80 on Thursday. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The stock has a market capitalization of $70.33 billion, a PE ratio of 318.40, a P/E/G ratio of 3.39 and a beta of 3.77. The firm’s 50 day moving average is $249.11 and its 200-day moving average is $245.54. Bloom Energy has a 12 month low of $75.70 and a 12 month high of $351.28.

Bloom Energy (NYSE:BE) last issued its quarterly 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 return on equity of 35.45% and a net margin of 7.87%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the prior year, the business posted $0.10 earnings per share. The firm’s quarterly revenue was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts forecast that Bloom Energy will post 2.04 EPS for the current year.

Insider Activity at Bloom Energy

In related news, Director Jeffrey R. Immelt sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the sale, the director directly owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John T. Chambers sold 15,000 shares of Bloom Energy stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the transaction, the director owned 208,333 shares in the company, valued at approximately $52,083,250. This represents a 6.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,698 shares of company stock worth $21,780,758 in the last three months. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. increased its position in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares in the last quarter. Continuum Advisory LLC bought a new position in Bloom Energy in the 2nd quarter valued at approximately $25,000. Anchor Investment Management LLC bought a new position in Bloom Energy in the 1st quarter valued at approximately $27,000. Godsey & Gibb Inc. boosted its position in Bloom Energy by 2,000.0% in the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. boosted its position in Bloom Energy by 49.3% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after buying an additional 37 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: Strong growth expectations: Management projects 2026 revenue of $3.9 billion to $4.2 billion, approximately double its 2025 revenue, supporting the long-term bull case for Bloom’s fuel-cell and data-center power business. Bloom Energy Stock Is 31% Below Its Record. Here’s Where I Think It Will Be in 2030.
• Positive Sentiment: Project Jupiter and Oracle support: Oracle reaffirmed Bloom’s role in Project Jupiter, while Roth Capital raised its price target from $225 to $260. The developments suggest growing market acceptance of Bloom’s data-center power technology ahead of its results. BE Stock Rises Overnight After Oracle Reaffirms Project Jupiter Role
• Neutral Sentiment: Quarterly results approaching: Bloom Energy is projected to report earnings Thursday. Investors are likely looking for confirmation that recent demand, revenue growth and project wins can justify the company’s elevated valuation. Bloom Energy Projected to Post Earnings on Thursday
• Negative Sentiment: Macro pressure on growth stocks: Higher oil prices and a hotter inflation reading have increased concerns that interest rates will remain elevated. That environment typically weighs on richly valued data-center infrastructure and clean-energy companies such as BE. Bloom Energy Stock Slides Amid High Oil Prices and Inflation Woes
• Negative Sentiment: Valuation remains demanding: BE trades at a very high multiple of trailing adjusted earnings, leaving limited room for execution problems or weaker-than-expected guidance. Investors are effectively pricing in substantial profit growth during 2026 and 2027. What Are Bloom Energy Investors Betting On?

Bloom Energy Company Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.