Bloom Energy (NYSE:BE) Given Outperform Rating at Robert W. Baird

Robert W. Baird restated their outperform rating on shares of Bloom Energy (NYSE:BE) in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a $310.00 target price on the stock.

A number of other brokerages have also recently weighed in on BE. TD Cowen lifted their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. BTIG Research increased their target price on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. UBS Group raised their price target on shares of Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Roth Capital boosted their price target on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Finally, Mizuho set a $285.00 price objective on Bloom Energy in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $241.91.

Bloom Energy Stock Performance

Shares of Bloom Energy stock opened at $256.26 on Thursday. The stock has a market capitalization of $72.89 billion, a price-to-earnings ratio of -5,124.28 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. The business has a 50-day moving average of $284.20 and a 200 day moving average of $197.33. Bloom Energy has a 12 month low of $24.04 and a 12 month high of $351.28.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts forecast that Bloom Energy will post 1.34 earnings per share for the current year.

Insider Buying and Selling

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total value of $820,286.46. Following the sale, the insider directly owned 132,265 shares in the company, valued at $38,175,646.95. This trade represents a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,343 shares of Bloom Energy stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value 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 trade represents a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 228,617 shares of company stock valued at $59,843,659 over the last 90 days. 3.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bloom Energy

Several institutional investors have recently added to or reduced their stakes in BE. Blue Trust Inc. raised its holdings in 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 in the last quarter. Anchor Investment Management LLC purchased a new stake in shares of Bloom Energy during the 1st quarter worth approximately $27,000. WPG Advisers LLC boosted its holdings in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after buying an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. grew its position in shares of Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy said it “categorically rejects” the short-seller report, with traders and retail investors viewing the allegations as overblown and buying the dip. Bloom Energy Shares Climb After Company Rebuts Short-Seller Report (BE)
• Positive Sentiment: Robert W. Baird reaffirmed an outperform rating and set a $310 price target, signaling confidence that the stock still has room to rise. Benzinga coverage of Baird reaffirmation
• Neutral Sentiment: The company’s recent partnership expansion with Brookfield to support AI infrastructure remains a longer-term catalyst, but it has been overshadowed in the near term by the short-report controversy. Brookfield, Bloom Energy Expand AI Infrastructure Partnership to $25 Billion
• Negative Sentiment: Multiple law firms announced securities-fraud investigations into Bloom Energy after the short-seller allegations, which could increase headline risk and pressure sentiment. Securities Fraud Investigation Into Bloom Energy Corporation (BE) Announced

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.