Bloom Energy (NYSE:BE) Sets New 12-Month High – Here’s Why

Bloom Energy Corporation (NYSE:BE)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $178.24 and last traded at $177.9490, with a volume of 3925226 shares trading hands. The stock had previously closed at $166.20.

Key Bloom Energy News

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

• Positive Sentiment: Brookfield partnership: Bloom and Brookfield announced a program worth up to $5 billion to deploy Bloom’s fuel‑cell systems for AI data centers and factories — a material commercial validation that supports future revenue growth tied to high‑density AI power demand. Bloom-Brookfield Deal
• Positive Sentiment: Backlog and guidance: Management has reported a large backlog (product backlog and total backlog figures cited) and set aggressive FY‑2026 revenue and margin targets, supporting the growth narrative for enterprise and AI customers. Those operational metrics justify investor optimism over medium‑term earnings expansion. Backlog & Guidance
• Positive Sentiment: Momentum and performance: BE has outpaced peers YTD and is up substantially over the past year as investors rotate into clean‑power and AI infrastructure plays, attracting momentum flows. Zacks YTD Note
• Neutral Sentiment: High‑profile commentary: Jim Cramer reiterated the stock’s volatility but said he’d feel more comfortable recommending BE after a pullback — publicity that raises awareness but is not an immediate catalyst. Cramer Comment
• Neutral Sentiment: Citi initiation: Citi initiated coverage with a neutral rating and a $162 target, signaling that some sell‑side desks view the stock as fairly valued near current levels — which can cap near‑term upside after the run. Citi Initiation
• Neutral Sentiment: Peer comparison: Analysts note Bloom outperforms peers like FuelCell Energy on earnings growth and ROIC but trades at a steep premium — a mixed signal for investors weighing growth vs. price. BE vs FCEL
• Negative Sentiment: Insider selling: CEO Kr Sridhar sold 200,000 shares (~$34M) on Feb. 24, reducing his stake — a high‑profile sale that often triggers short‑term profit taking and can pressure the stock. SEC Filing
• Negative Sentiment: Valuation risk: Multiple analysis pieces warn the stock may be “priced for perfection” — expensive multiples and high execution expectations are prompting some investors to lock in gains after the rally. Valuation Note

Wall Street Analyst Weigh In

A number of research firms have issued reports on BE. Wells Fargo & Company upped their target price on shares of Bloom Energy to $130.00 and gave the company an “equal weight” rating in a report on Friday, February 6th. Evercore reissued an “outperform” rating and set a $179.00 price objective on shares of Bloom Energy in a research note on Friday, February 6th. Jefferies Financial Group set a $102.00 target price on shares of Bloom Energy in a research report on Tuesday, February 10th. Morgan Stanley boosted their price target on Bloom Energy to $184.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Finally, China Renaissance started coverage on Bloom Energy in a research note on Wednesday, January 28th. They set a “buy” rating and a $207.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $131.87.

Bloom Energy Stock Down 7.8%

The stock has a fifty day moving average of $134.81 and a two-hundred day moving average of $104.80. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The stock has a market cap of $43.62 billion, a price-to-earnings ratio of -409.18, a PEG ratio of 7.13 and a beta of 3.07.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. The company had revenue of $777.68 million for the quarter, compared to the consensus estimate of $647.59 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same period last year, the business posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, analysts predict that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In related news, insider Maciej Kurzymski sold 3,264 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $86.48, for a total transaction of $282,270.72. Following the completion of the sale, the insider directly owned 90,005 shares of the company’s stock, valued at approximately $7,783,632.40. This represents a 3.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Aman Joshi sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $175.60, for a total value of $1,756,000.00. Following the completion of the transaction, the insider directly owned 210,465 shares in the company, valued at $36,957,654. This trade represents a 4.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 222,294 shares of company stock worth $37,276,974. Corporate insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Virtu Financial LLC purchased a new stake in Bloom Energy during the 4th quarter worth approximately $360,000. Kovitz Investment Group Partners LLC acquired a new position in Bloom Energy during the 4th quarter valued at about $1,913,000. Compound Planning Inc. acquired a new position in shares of Bloom Energy during the fourth quarter valued at $296,000. Corient Private Wealth LLC raised its holdings in Bloom Energy by 3,818.7% during the fourth quarter. Corient Private Wealth LLC now owns 894,797 shares of the company’s stock worth $77,749,000 after purchasing an additional 871,963 shares in the last quarter. Finally, First Commonwealth Financial Corp PA lifted its holdings in shares of Bloom Energy by 17.6% in the fourth quarter. First Commonwealth Financial Corp PA now owns 3,101 shares of the company’s stock valued at $269,000 after buying an additional 465 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.

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.