Bloom Energy (NYSE:BE) Trading 8% Higher – What’s Next?

Shares of Bloom Energy Corporation (NYSE:BE) traded up 8% during trading on Wednesday . The stock traded as high as $292.99 and last traded at $282.3250. 10,282,538 shares were traded during trading, a decline of 8% from the average session volume of 11,172,680 shares. The stock had previously closed at $261.34.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy announced a $2.6 billion strategic partnership with Nebius Group to power U.S. data centers with fuel cells, boosting expectations for long-term revenue from AI infrastructure demand. Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
• Positive Sentiment: Multiple outlets highlighted Bloom Energy as a beneficiary of the AI buildout, with commentary that the stock remains attractive for long-term investors despite the recent run-up. 2 Energy Stocks That Are the Smartest Long-Term Buys During the Energy Boom
• Positive Sentiment: Bloom Energy has been included in reports on stocks hitting 52-week highs, showing strong momentum as investors rotate into AI infrastructure and power-related names. APLD, BE, GFS Stocks Hit 52-Week Highs: What’s Driving The Surge?
• Neutral Sentiment: One article noted unusually large put-option activity in BE, suggesting some traders may be hedging or betting on volatility after the sharp rally.
• Neutral Sentiment: Several pieces discussed whether the stock’s surge has gone too far, but these were valuation-focused opinions rather than new company developments. Bloom Energy’s Rally May Have Pushed the Stock Too Far
• Negative Sentiment: Some analysts warned the rally may be ahead of fundamentals, which could pressure the stock if investors start questioning how quickly the AI momentum can translate into profits. Bloom Energy: Pause Warranted

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Citigroup lifted their price target on shares of Bloom Energy to $281.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Susquehanna boosted their target price on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. BMO Capital Markets boosted their target price on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research report on Friday, February 6th. Finally, Wells Fargo & Company boosted their target price on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $217.48.

Bloom Energy Trading Down 1.8%

The company’s 50 day simple moving average is $204.10 and its 200 day simple moving average is $153.68. The firm has a market cap of $85.97 billion, a price-to-earnings ratio of -6,043.97 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10.

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

Insider Transactions at Bloom Energy

In related news, insider Satish Chitoori sold 20,000 shares of the stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the transaction, the insider owned 212,365 shares of the company’s stock, valued at $43,371,303.95. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Mary K. Bush sold 25,000 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the transaction, the director directly owned 108,524 shares in the company, valued at $28,971,567.04. This trade represents a 18.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 525,271 shares of company stock valued at $99,167,479 over the last ninety days. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several large investors have recently bought and sold shares of BE. Blue Trust Inc. grew its holdings in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares during the last quarter. Anchor Investment Management LLC purchased a new position in shares of Bloom Energy during the first quarter worth about $27,000. WPG Advisers LLC grew its holdings in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. grew its holdings in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. 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.