Bloom Energy (NYSE:BE) Coverage Initiated at China Renaissance

Equities researchers at China Renaissance started coverage on shares of Bloom Energy (NYSE:BE) in a report released on Wednesday, MarketBeat reports. The firm set a “buy” rating and a $207.00 price target on the stock. China Renaissance’s price target suggests a potential upside of 32.21% from the stock’s previous close.

Several other research analysts have also recently issued reports on the company. BMO Capital Markets set a $136.00 target price on Bloom Energy in a research report on Wednesday, October 29th. Royal Bank Of Canada set a $143.00 price objective on shares of Bloom Energy in a research note on Tuesday, January 20th. Hsbc Global Res upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 29th. Robert W. Baird set a $172.00 target price on shares of Bloom Energy in a report on Tuesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $109.83.

Bloom Energy Trading Down 5.3%

Shares of BE stock opened at $156.57 on Wednesday. The company has a current ratio of 4.40, a quick ratio of 2.88 and a debt-to-equity ratio of 1.98. Bloom Energy has a 12-month low of $15.15 and a 12-month high of $167.57. The stock has a market capitalization of $37.03 billion, a P/E ratio of 918.83, a P/E/G ratio of 13.93 and a beta of 3.01. The firm’s 50 day moving average is $112.28 and its 200 day moving average is $87.18.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07. The firm had revenue of $519.05 million for the quarter, compared to analysts’ expectations of $425.18 million. Bloom Energy had a return on equity of 8.74% and a net margin of 0.84%.The company’s revenue was up 57.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.01) EPS. Research analysts expect that Bloom Energy will post -0.23 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Aman Joshi sold 4,543 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $109.13, for a total value of $495,777.59. Following the completion of the sale, the insider directly owned 219,818 shares of the company’s stock, valued at $23,988,738.34. This represents a 2.02% 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 Shawn Marie Soderberg sold 36,666 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $141.00, for a total transaction of $5,169,906.00. Following the sale, the insider owned 225,949 shares in the company, valued at $31,858,809. The trade was a 13.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 120,410 shares of company stock valued at $16,557,185. Insiders own 3.60% of the company’s stock.

Institutional Trading of Bloom Energy

Several hedge funds have recently bought and sold shares of the stock. WPG Advisers LLC grew its position in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in Bloom Energy during the 3rd quarter valued at approximately $32,000. Fifth Third Bancorp bought a new stake in Bloom Energy in the 3rd quarter worth approximately $32,000. Parkside Financial Bank & Trust raised its holdings in shares of Bloom Energy by 250.9% during the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock worth $33,000 after acquiring an additional 281 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Bloom Energy during the 2nd quarter valued at approximately $36,000. 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 announced a large commercial agreement to supply power for AI data centers — a reported US$2.65 billion deal that directly targets the fast‑growing AI/datacenter market and supports higher near‑term revenue visibility and backlog. Bloom Energy Fuels AI Data Center Power With US$2.65b Deal
• Positive Sentiment: China Renaissance initiated coverage with a “Buy” and a $207 price target (~32% upside from current levels), adding upside analyst momentum and reinforcing the narrative that data‑center demand could drive outsized growth. China Renaissance initiates coverage on Bloom Energy
• Positive Sentiment: MarketBeat highlighted BE as one of five continuing winners for 2026, noting accelerating revenue growth from data‑center placements and improving analyst sentiment — a bullish thematic endorsement that helps investor interest. 5 Stocks to Buy in February: Last Year’s Winners Aren’t Done Yet
• Neutral Sentiment: Coverage pieces (e.g., AAII, MSN, Seeking Alpha) explain the stock’s recent sharp gains — useful context for retail/institutional interest but not new fundamental information on their own. Why Bloom Energy Corporation’s (BE) Stock Is Up 5.99%
• Negative Sentiment: Barclays initiated coverage at “Equal Weight” with a $153 target (slightly below the current price), which appears to have contributed to intraday selling as some traders lock gains after the recent rally. Barclays initiates Bloom Energy with neutral view
• Negative Sentiment: Elevated valuation and a steep recent run‑up invite profit‑taking and higher volatility — BE trades with a very high P/E and large intraday volume swings, so even positive news can be followed by pullbacks as traders re‑price short‑term risk.

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.