Bloom Energy Corporation (NYSE:BE) Receives Consensus Rating of “Hold” from Analysts

Shares of Bloom Energy Corporation (NYSE:BE) have been given an average recommendation of “Hold” by the twenty-six research firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, ten have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $131.8696.

A number of equities research analysts have commented on the stock. Daiwa Securities Group set a $98.00 price objective on shares of Bloom Energy in a research report on Tuesday, December 2nd. China Renaissance started coverage on Bloom Energy in a research note on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price target on the stock. Mizuho lifted their price target on Bloom Energy to $110.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. BTIG Research increased their price objective on Bloom Energy to $165.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Royal Bank Of Canada set a $143.00 target price on Bloom Energy in a research note on Tuesday, January 20th.

Bloom Energy Trading Down 15.1%

BE opened at $135.80 on Friday. The business has a fifty day moving average price of $141.26 and a 200 day moving average price of $109.13. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. Bloom Energy has a 12 month low of $15.15 and a 12 month high of $180.90. The stock has a market capitalization of $38.10 billion, a price-to-earnings ratio of -357.37, a PEG ratio of 5.52 and a beta of 3.11.

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

Insider Transactions at Bloom Energy

In other Bloom Energy news, Director Gary S. Pinkus sold 1,250 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $165.80, for a total value of $207,250.00. Following the completion of the transaction, the director owned 4,149 shares in the company, valued at $687,904.20. This represents a 23.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Satish Chitoori sold 1,521 shares of Bloom Energy stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $139.37, for a total value of $211,981.77. Following the sale, the insider owned 230,017 shares in the company, valued at $32,057,469.29. This trade represents a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 268,788 shares of company stock valued at $45,575,889 over the last quarter. 3.60% of the stock is owned by corporate insiders.

Institutional Trading of Bloom Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC grew its stake in shares of Bloom Energy by 31.6% in the 4th quarter. Hsbc Holdings PLC now owns 342,223 shares of the company’s stock valued at $29,697,000 after purchasing an additional 82,089 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Bloom Energy during the fourth quarter worth $3,665,000. Virtu Financial LLC purchased a new stake in shares of Bloom Energy in the fourth quarter valued at about $360,000. Kovitz Investment Group Partners LLC purchased a new stake in Bloom Energy in the 4th quarter valued at approximately $1,913,000. Finally, Compound Planning Inc. acquired a new position in Bloom Energy during the fourth quarter worth $296,000. 77.04% of the stock is owned by institutional investors and hedge funds.

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.