Bloom Energy (NYSE:BE – Free Report) had its target price trimmed by Jefferies Financial Group to $97.00 in a research report released on Friday,Benzinga reports. The firm currently has an underperform rating on the stock.
BE has been the subject of a number of other research reports. UBS Group reissued a “buy” rating and set a $170.00 target price on shares of Bloom Energy in a research report on Friday, February 6th. Barclays assumed coverage on Bloom Energy in a research report on Wednesday, January 28th. They set an “equal weight” rating and a $153.00 price target on the stock. TD Cowen increased their price objective on Bloom Energy to $160.00 and gave the company a “hold” rating in a report on Friday, February 6th. Mizuho raised their price objective on Bloom Energy to $110.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Finally, Wall Street Zen downgraded Bloom Energy from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. One equities research 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $131.65.
Check Out Our Latest Stock Report on Bloom Energy
Bloom Energy Price Performance
Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, beating 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 business had revenue of $777.68 million during the quarter, compared to analyst estimates of $647.59 million. During the same period in the prior year, the firm posted $0.43 earnings per share. The company’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. Research analysts anticipate that Bloom Energy will post -0.23 earnings per share for the current fiscal year.
Insider Buying and Selling at Bloom Energy
In related news, insider Shawn Marie Soderberg sold 15,410 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $150.47, for a total transaction of $2,318,742.70. Following the completion of the transaction, the insider owned 195,732 shares of the company’s stock, valued at $29,451,794.04. This trade represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Satish Chitoori sold 18,964 shares of the business’s 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 owned 232,365 shares of the company’s stock, valued at $35,888,774.25. This represents a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 370,092 shares of company stock worth $61,365,925. Corporate insiders own 3.50% of the company’s stock.
Institutional Investors Weigh In On Bloom Energy
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bayforest Capital Ltd acquired a new position in shares of Bloom Energy in the 1st quarter valued at about $2,055,000. AQR Capital Management LLC acquired a new stake in Bloom Energy during the first quarter worth about $1,820,000. NewEdge Advisors LLC grew its holdings in Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after acquiring an additional 1,626 shares during the period. Goldman Sachs Group Inc. raised its position in Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after acquiring an additional 836,810 shares in the last quarter. Finally, Focus Partners Wealth raised its position in Bloom Energy by 30.7% during the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after acquiring an additional 4,716 shares in the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Bloom Energy
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
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.
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