Bloom Energy (NYSE:BE) Stock Falls 8.9% – Should You Sell?

Bloom Energy Corporation (NYSE:BE) shares fell 8.9% during mid-day trading on Monday. The stock traded as low as $259.46 and last traded at $262.8880. Approximately 15,476,793 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 12,957,588 shares. The stock had previously closed at $288.70.

Key Bloom Energy News

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

• Positive Sentiment: Jefferies raised its Bloom Energy price target to $264 from $229 while maintaining a Hold rating. Although the new target is below the current share price, the upgrade in valuation helped renew buying interest. Jefferies Just Raised Its Bloom Energy Price Target — Stock Jumps 10%
• Positive Sentiment: Royal Bank of Canada reaffirmed an Outperform rating and a $335 price target, citing potential for a meaningful recovery in late 2026. The target implies considerable upside from recent levels. Bloom Energy stock is poised for recovery, RBC analyst says
• Positive Sentiment: Investors continue to focus on Bloom Energy’s factory expansion, fuel-cell demand, and its role in supplying power to AI data centers. Oracle’s reaffirmation of the Project Jupiter relationship further supports the company’s AI-infrastructure narrative.
• Positive Sentiment: Bloom Energy’s recent S&P 500 inclusion may broaden institutional ownership and improve visibility, while strong recent revenue growth and improved profitability reinforce the growth case. Bloom Energy COO discusses S&P 500 inclusion
• Neutral Sentiment: The broader fuel-cell group is rebounding after a heavy selloff, indicating that sector-wide trading flows—not just Bloom-specific news—are contributing to the move. Bloom Energy rallies as fuel-cell selloff reverses
• Negative Sentiment: Oracle’s force majeure notice concerning a natural-gas pipeline delay for Project Jupiter highlights execution and infrastructure risks for AI data-center projects, potentially affecting Bloom’s growth expectations.
• Negative Sentiment: After a surge of more than 200% this year, valuation and profit-taking remain important risks. Bloom’s elevated price-to-earnings multiple leaves the stock vulnerable if AI-related orders, margins, or project timelines disappoint.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BE. JPMorgan Chase & Co. reduced their target price on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Mizuho lifted their price objective on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research note on Monday, September 14th. Susquehanna boosted their price objective on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday, July 10th. Royal Bank Of Canada reissued an “outperform” rating and issued a $335.00 price objective on shares of Bloom Energy in a report on Monday. Finally, Evercore restated an “outperform” rating on shares of Bloom Energy in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $255.73.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The company has a market cap of $85.75 billion, a price-to-earnings ratio of 388.18, a PEG ratio of 3.36 and a beta of 3.80. The business has a fifty day moving average price of $233.13 and a 200 day moving average price of $235.91.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same period last year, the firm posted $0.10 earnings per share. Bloom Energy’s revenue was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts anticipate that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total value of $775,072.20. Following the sale, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,295 shares of the business’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total transaction of $616,023.90. Following the sale, the chief accounting officer directly owned 77,391 shares in the company, valued at approximately $20,773,292.22. The trade was a 2.88% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 81,261 shares of company stock worth $19,442,275 in the last ninety days. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

Several hedge funds have recently modified their holdings of the company. Brooklands Fund Management Ltd bought a new stake in Bloom Energy during the 4th quarter worth $347,560,000. Norges Bank bought a new position in Bloom Energy in the fourth quarter valued at about $239,683,000. Jennison Associates LLC boosted its stake in shares of Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Bloom Energy by 6.1% during the first quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after purchasing an additional 126,649 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Bloom Energy by 63.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,026,245 shares of the company’s stock worth $176,060,000 after purchasing an additional 783,040 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Company Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.