Bloom Energy (NYSE:BE) Stock Price Target Lowered at JPMorgan Chase & Co.

Bloom Energy (NYSE:BE) had its target price lowered by research analysts at JPMorgan Chase & Co. from $314.00 to $292.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 52.74% from the stock’s previous close.

Several other brokerages also recently issued reports on BE. Robert W. Baird raised their price objective on shares of Bloom Energy from $310.00 to $351.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. BMO Capital Markets reiterated an “outperform” rating and set a $260.00 target price on shares of Bloom Energy in a research note on Wednesday. Oppenheimer reissued a “market perform” rating on shares of Bloom Energy in a report on Friday. Sanford C. Bernstein raised their price target on shares of Bloom Energy from $282.00 to $306.00 and gave the stock a “market perform” rating in a research report on Friday. Finally, Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Sunday, September 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.36.

Bloom Energy Stock Performance

NYSE:BE traded down $26.60 during mid-day trading on Friday, hitting $191.17. 22,842,729 shares of the company’s stock traded hands, compared to its average volume of 13,095,432. The firm has a 50 day moving average of $249.46 and a two-hundred day moving average of $249.56. Bloom Energy has a 12 month low of $75.70 and a 12 month high of $351.28. The firm has a market capitalization of $56.31 billion, a price-to-earnings ratio of 255.51, a price-to-earnings-growth ratio of 3.08 and a beta of 3.77. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.69 by $0.25. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the business posted $0.15 EPS. The company’s revenue for the quarter was up 138.1% on a year-over-year basis. On average, equities analysts forecast that Bloom Energy will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In related news, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the completion of the transaction, the insider directly owned 202,494 shares of the company’s stock, valued at $54,685,529.64. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey R. Immelt sold 30,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director directly owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 89,698 shares of company stock valued at $21,780,758 in the last quarter. 3.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds have recently made changes to their positions in BE. Montanova Capital LLC bought a new position in Bloom Energy during the second quarter worth about $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after purchasing an additional 583,135 shares during the period. Militia Capital Management LLC bought a new stake in shares of Bloom Energy in the 1st quarter valued at approximately $813,000. Assenagon Asset Management S.A. grew its stake in shares of Bloom Energy by 3,398.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after purchasing an additional 233,020 shares during the period. Finally, Zweig DiMenna Associates LLC acquired a new position in shares of Bloom Energy in the 1st quarter worth approximately $8,468,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Record Q3 results: Revenue surged 138.1% year over year to $1.24 billion, while adjusted earnings reached $0.94 per share, well above the roughly $0.69–$0.71 analyst consensus. Bloom also reported net income of $250.3 million, compared with a loss a year earlier. Bloom Energy Q3 earnings report
• Positive Sentiment: Raised 2026 outlook: Bloom lifted full-year adjusted EPS guidance to $3.10–$3.40 and revenue guidance to $4.4–$4.6 billion, both above Wall Street expectations. This was the company’s third guidance increase of the year and reflects continued demand for on-site power from data centers and other customers. Bloom Energy lifts outlook and reports higher profit
• Positive Sentiment: Analyst support remains: RBC reaffirmed an “outperform” rating with a $335 price target, while Bernstein raised its target to $306, suggesting some analysts see significant long-term upside from distributed power and AI infrastructure demand. RBC analyst rating
• Neutral Sentiment: Management said Bloom’s opportunity extends beyond AI data centers, with broader demand expected for reliable, on-site electricity and hydrogen-related applications. However, investors remain focused on whether that growth can translate into sustainable free cash flow. Bloom Energy CEO discusses power demand
• Negative Sentiment: Cash flow is overshadowing profits: Bloom reported approximately $180 million of negative net cash flow in Q3. Investors are concerned that aggressive manufacturing expansion and working-capital needs could require substantial additional funding despite the earnings beat. Bloom Energy cash flow analysis
• Negative Sentiment: High expectations and valuation: With the stock priced for substantial future growth, investors appear to be taking profits after the pre-earnings rally. KeyCorp maintained a “sector weight” rating, reinforcing the cautious view that strong results may already be reflected in the share price.

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.