Bloom Energy (NYSE:BE) Trading Down 11.2% – Here’s Why

Shares of Bloom Energy Corporation (NYSE:BE) traded down 11.2% during trading on Thursday . The stock traded as low as $131.50 and last traded at $133.3810. 10,894,951 shares changed hands during trading, a decline of 7% from the average session volume of 11,661,631 shares. The stock had previously closed at $150.22.

More Bloom Energy News

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

• Positive Sentiment: Clear evidence of stronger demand from data centers: ClearBridge and other write-ups highlight Bloom’s Q4 surge driven by data‑center orders and backlog tied to AI power needs, a key revenue growth driver for Bloom. Bloom Energy (BE) Surged in Q4 Due to Demand from Data Centers
• Positive Sentiment: CERAWeek presentation reinforced the AI/data‑center growth narrative — management emphasized multibillion backlog and expanding service contracts as grid constraints and AI compute demand raise need for onsite power. This supports upside to revenue and recurring services. How Bloom Energy’s AI-Focused Power Pitch at CERAWeek 2026 Will Impact Investors
• Positive Sentiment: New CFO appointment (Simon Edwards) seen as a governance/operational positive—markets often view experienced finance chiefs as improving execution and credibility with investors. Bloom announced Edwards will join April 13. Bloom Energy Appoints Simon Edwards as Chief Financial Officer
• Positive Sentiment: Sell‑side / independent bullish research: A Seeking Alpha initiation argues for meaningful upside from the data‑center power boom and positions Bloom as a long‑term beneficiary of AI-driven demand. Bloom Energy: More Upside In The Data Center Power Boom
• Neutral Sentiment: Brokerage consensus sits around a “Hold” average—mixed analyst views suggest some caution despite operational momentum. Bloom Energy Given Average Rating of “Hold”
• Negative Sentiment: Jefferies cut its price target to $97 and assigned an “underperform” rating, signaling near‑term downside (their PT implies material downside from current levels) and adding selling pressure. Jefferies Lowers Price Target to $97
• Negative Sentiment: Analyst/market skepticism on valuation: coverage notes that strong growth and backlog clash with high valuation and past profitability volatility, which could cap multiple expansion until execution and margins prove durable. Bloom Energy’s Robust Performance Meets Analyst Skepticism Over Valuation

Wall Street Analyst Weigh In

BE has been the subject of a number of research reports. Wells Fargo & Company raised their price target on shares of Bloom Energy to $130.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Royal Bank Of Canada set a $143.00 target price on Bloom Energy in a research note on Tuesday, January 20th. Zacks Research downgraded Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. JPMorgan Chase & Co. raised their price objective on Bloom Energy to $166.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, BMO Capital Markets upped their target price on Bloom Energy to $149.00 and gave the stock a “market perform” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $131.65.

Bloom Energy Price Performance

The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. The business has a 50-day moving average of $152.26 and a 200 day moving average of $119.12. The firm has a market capitalization of $37.47 billion, a PE ratio of -351.43, a price-to-earnings-growth ratio of 5.45 and a beta of 3.11.

Bloom Energy (NYSE:BE) last posted its earnings results on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The firm had revenue of $777.68 million during the quarter, compared to analyst estimates of $647.59 million. During the same quarter in the prior year, the business posted $0.43 EPS. The business’s 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. As a group, research analysts anticipate that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 19,944 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $154.85, for a total value of $3,088,328.40. Following the completion of the transaction, the insider owned 190,521 shares in the company, valued at $29,502,176.85. This represents a 9.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kr Sridhar sold 200,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $170.00, for a total value of $34,000,000.00. Following the sale, the chief executive officer directly owned 2,189,869 shares of the company’s stock, valued at approximately $372,277,730. This represents a 8.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 370,092 shares of company stock worth $61,365,925. 3.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Bloom Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Graticule Asia Macro Advisors LLC purchased a new stake in Bloom Energy during the third quarter worth about $402,494,000. Brooklands Fund Management Ltd purchased a new position in Bloom Energy in the fourth quarter valued at about $347,560,000. Trivest Advisors Ltd boosted its stake in Bloom Energy by 1,461.6% in the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after acquiring an additional 3,201,000 shares during the last quarter. Norges Bank bought a new position in shares of Bloom Energy during the 4th quarter valued at approximately $239,683,000. Finally, Amundi grew its position in shares of Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares during the period. 77.04% of the stock is owned by hedge funds and other institutional investors.

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.