Bloom Energy (NYSE:BE) Stock Price Up 2.9% – Should You Buy?

Bloom Energy Corporation (NYSE:BE) shot up 2.9% on Wednesday . The stock traded as high as $153.70 and last traded at $150.0540. 7,133,196 shares were traded during mid-day trading, a decline of 39% from the average session volume of 11,675,379 shares. The stock had previously closed at $145.88.

More Bloom Energy News

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

• Positive Sentiment: Initiation with a Buy thesis citing a large SOFC (solid‑oxide fuel cell) opportunity from AI data‑center power demand, supply gaps in gas turbines, Bloom’s efficiency and short lead times, and optionality in hydrogen — supports a multi‑year growth/valuation story. Bloom Energy: More Upside In The Data Center Power Boom
• Positive Sentiment: Company positioned for the “Bring Your Own Power” trend: modular fuel cells (800V DC), accelerating commercial adoption, and a reported backlog surge (≈140% in 2025) — signals expanding demand and shorter project cycles. BYOP (Bring Your Own Power) Is Getting Bigger: Bloom Energy Makes That Happen, Quickly
• Positive Sentiment: Press pieces tying AI’s rising power needs to winners in power infrastructure cite Bloom as a direct beneficiary of more capital‑intensive data‑center buildouts. This thematic coverage is supporting demand expectations for BE. Bloom Energy (BE) stock trades up, here is why
• Neutral Sentiment: Broader market headwinds — softer growth signals and rising Treasury yields — could cap valuation expansion even as sector fundamentals improve. US Stock Market Today S&P 500 Futures Ease As Growth Signals Cool And Yields Rise
• Negative Sentiment: Insider selling was reported and coincided with intraday weakness; such transactions can weigh on sentiment and were cited as a proximate cause for a pullback. Bloom Energy (NYSE:BE) Trading Down 5.6% After Insider Selling
• Negative Sentiment: Recent technical weakness and short‑term price drops have been noted in market coverage, highlighting volatility and a loss of support levels that could trigger further near‑term selling. Bloom Energy (BE) Stock Dips While Market Gains: Key Facts

Wall Street Analyst Weigh In

BE has been the topic of several analyst reports. Royal Bank Of Canada set a $143.00 target price on Bloom Energy in a report on Tuesday, January 20th. Wells Fargo & Company upped their price target on Bloom Energy to $130.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Wall Street Zen downgraded shares of Bloom Energy from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. BTIG Research boosted their target price on shares of Bloom Energy to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Truist Financial set a $68.00 target price on shares of Bloom Energy in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy presently has an average rating of “Hold” and an average price target of $131.87.

Bloom Energy Stock Performance

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 company has a 50 day moving average of $152.35 and a 200 day moving average of $118.24. The firm has a market cap of $42.10 billion, a price-to-earnings ratio of -394.88, a PEG ratio of 5.77 and a beta of 3.11.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $777.68 million during the quarter, compared to analyst estimates of $647.59 million. During the same quarter last year, the firm earned $0.43 EPS. Bloom Energy’s quarterly revenue was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities research analysts expect that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 18,964 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $154.45, for a total transaction of $2,928,989.80. Following the transaction, the insider directly owned 232,365 shares in the company, valued at $35,888,774.25. This represents a 7.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Shawn Marie Soderberg sold 15,410 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $150.47, for a total transaction of $2,318,742.70. Following the transaction, the insider directly owned 195,732 shares of the company’s stock, valued at approximately $29,451,794.04. This represents a 7.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 370,092 shares of company stock valued at $61,365,925. Corporate insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several large investors have recently modified their holdings of the stock. World Investment Advisors bought a new stake in Bloom Energy in the fourth quarter valued at about $1,112,000. Corient Private Wealth LLC lifted its holdings in Bloom Energy by 57.4% during the 4th quarter. Corient Private Wealth LLC now owns 35,947 shares of the company’s stock worth $3,123,000 after buying an additional 13,113 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in Bloom Energy by 31.6% during the 4th quarter. Hsbc Holdings PLC now owns 342,223 shares of the company’s stock worth $29,697,000 after buying an additional 82,089 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Bloom Energy in the 4th quarter worth approximately $3,665,000. Finally, Virtu Financial LLC bought a new stake in shares of Bloom Energy in the 4th quarter valued at approximately $360,000. Institutional investors own 77.04% of the company’s stock.

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.