Bloom Energy Corporation (NYSE:BE) Given Average Rating of “Hold” by Analysts

Bloom Energy Corporation (NYSE:BE) has been given an average recommendation of “Hold” by the twenty-four research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, ten have given a buy recommendation and one has 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 $236.1364.

Several brokerages have commented on BE. Sanford C. Bernstein began coverage on Bloom Energy in a research report on Tuesday, June 16th. They issued a “market perform” rating and a $276.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Barclays upped their price target on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Mizuho set a $285.00 price objective on shares of Bloom Energy in a report on Friday, May 1st.

Insiders Place Their Bets

In other news, insider Shawn Marie Soderberg sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction 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 trade represents a 9.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Aman Joshi sold 8,343 shares of Bloom Energy stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the sale, the insider directly owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This represents a 4.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 228,617 shares of company stock worth $59,843,659. 3.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors and hedge funds have recently bought and sold shares of BE. Strs Ohio raised its position in shares of Bloom Energy by 24.8% in the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares during the last quarter. Fortem Financial Group LLC purchased a new stake in Bloom Energy during the 4th quarter worth approximately $369,000. Teachers Retirement System of The State of Kentucky purchased a new stake in Bloom Energy during the 3rd quarter worth approximately $1,985,000. SPX Gestao de Recursos Ltda acquired a new position in Bloom Energy during the 3rd quarter valued at approximately $1,691,000. Finally, Norges Bank acquired a new position in Bloom Energy during the 4th quarter valued at approximately $239,683,000. 77.04% of the stock is owned by institutional investors.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Brookfield expanded its AI power-financing partnership with Bloom Energy to $25 billion, strengthening Bloom’s growth story and potential fuel-cell deployments for data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
• Positive Sentiment: Multiple reports highlighted Bloom Energy as a leading beneficiary of AI-related power demand, reinforcing investor confidence in the company’s long-term opportunity. Bloom Energy’s $25B partnership targets AI’s next bottleneck
• Neutral Sentiment: Insider Aman Joshi sold 8,343 shares, which may add modest caution but does not by itself signal a change in Bloom Energy’s fundamentals. Bloom Energy Insider Aman Joshi Sells 8,343 Shares
• Negative Sentiment: Bloom Energy saw a recent pullback after a strong rally, reflecting some profit-taking and valuation concerns among investors. Bloom Energy Stock Moves -6.43%: What You Should Know
• Negative Sentiment: Some analysts and commentators warned the stock may already be priced for near-perfect execution, which could limit upside if growth slows or deals take longer to convert into revenue.

Bloom Energy Stock Up 0.1%

Shares of NYSE:BE opened at $271.13 on Friday. Bloom Energy has a 1 year low of $22.81 and a 1 year high of $351.28. The business has a 50 day simple moving average of $281.32 and a two-hundred day simple moving average of $191.39. The firm has a market capitalization of $77.12 billion, a PE ratio of -5,421.48 and a beta of 3.73. 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 issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $539.94 million. During the same period in the prior year, the business posted $0.03 earnings per share. The company’s revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts predict that Bloom Energy will post 1.34 EPS for the current year.

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.