Analysts Set Bloom Energy Corporation (NYSE:BE) Target Price at $217.48

Bloom Energy Corporation (NYSE:BE) has received a consensus recommendation of “Moderate Buy” from the twenty-three ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, nine have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $217.4762.

A number of analysts have recently commented on the company. Barclays boosted their price target on Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. China Renaissance assumed coverage on Bloom Energy in a research report on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price objective on the stock. Susquehanna upped their price objective on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective on the stock in a research report on Tuesday, April 14th. Finally, BMO Capital Markets upped their price objective on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research report on Friday, February 6th.

Bloom Energy Stock Performance

Shares of BE opened at $307.47 on Friday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The business’s 50 day moving average price is $204.10 and its 200-day moving average price is $153.68. Bloom Energy has a 52 week low of $17.01 and a 52 week high of $318.49. The stock has a market cap of $87.46 billion, a P/E ratio of -6,148.11 and a beta of 3.82.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the previous year, the firm posted $0.03 EPS. The business’s revenue for the quarter was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts anticipate that Bloom Energy will post 1.31 earnings per share for the current fiscal year.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy announced a long-term partnership with Nebius to provide fuel-cell power for U.S. data centers, creating a potentially meaningful revenue opportunity and highlighting demand for its technology. Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
• Positive Sentiment: Bloom Energy’s role in solving AI data-center power constraints is drawing more bullish attention, with multiple reports calling the company a key AI infrastructure winner and helping drive momentum in the stock. Nebius Stock Is Rising. A Partnership With Bloom Energy Solves This AI Dilemma.
• Neutral Sentiment: Analyst and market commentary remains mixed, with some notes arguing the rally may be getting ahead of fundamentals even as BE continues to benefit from AI-related enthusiasm. Bloom Energy’s Rally May Have Pushed the Stock Too Far
• Neutral Sentiment: Unusual options activity showed a jump in put volume, suggesting some traders are hedging or betting on a pullback after the stock’s strong run.

Insiders Place Their Bets

In related news, insider Shawn Marie Soderberg sold 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00. Following the transaction, the insider directly owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. This represents a 9.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kr Sridhar sold 200,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 2,189,869 shares in the company, valued at $372,277,730. This trade represents a 8.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 525,271 shares of company stock worth $99,167,479 in the last three months. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Bloom Energy by 6.3% during the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock valued at $1,759,726,000 after buying an additional 1,240,819 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Bloom Energy by 5.4% during the 4th quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after buying an additional 269,662 shares during the period. Graticule Asia Macro Advisors LLC bought a new position in shares of Bloom Energy during the 3rd quarter valued at $402,494,000. Brooklands Fund Management Ltd bought a new position in shares of Bloom Energy during the 4th quarter valued at $347,560,000. Finally, Trivest Advisors Ltd lifted its holdings in shares of Bloom Energy by 1,461.6% during the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after buying an additional 3,201,000 shares during the period. 77.04% of the stock is owned by 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.