Bloom Energy (NYSE:BE) Trading Up 2.3% – Here’s What Happened

Bloom Energy Corporation (NYSE:BE) shares rose 2.3% during mid-day trading on Tuesday . The company traded as high as $299.51 and last traded at $295.3050. Approximately 7,398,198 shares changed hands during trading, a decline of 35% from the average daily volume of 11,311,688 shares. The stock had previously closed at $288.64.

Key Bloom Energy News

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

• Positive Sentiment: Bloom led April gains as the energy sector has outperformed in 2026, helping lift demand and sentiment for power-generation names like BE. Bloom Energy tops April gains as energy sector leads 2026
• Positive Sentiment: Zacks highlights upward earnings-estimate revisions for Bloom, a technical/earnings catalyst that often accelerates short?term rallies as models and buy-side targets are updated. Why Bloom Energy (BE) Might be Well Poised for a Surge
• Positive Sentiment: Coverage reports that Leopold Aschenbrenner’s Situational Awareness fund bought Bloom ahead of a major run — institutional or high-profile hedge-fund buying can drive momentum and attract copy-traders. Leopold Aschenbrenner’s Situational Awareness Fund Bought Bloom Energy Stock…
• Positive Sentiment: Copy-trading coverage highlights that portfolios following Aschenbrenner have surged, suggesting retail momentum flows into names he holds, including BE. This copy-trading portfolio soared 60% in two months – here’s what it is buying
• Positive Sentiment: MarketBeat lists Bloom among energy stocks to buy as AI-related power demand rises, reinforcing the thematic investment case for BE. 3 Energy Stocks to Buy and 2 to Avoid as AI Power Demand Explodes (BE)
• Neutral Sentiment: Yahoo provides a primer on why Bloom might deserve attention today — useful for new investors but largely reiterates the story rather than adding new catalysts. Here’s Why We Think Bloom Energy (NYSE:BE) Might Deserve Your Attention Today
• Neutral Sentiment: An earnings-season roundup notes mixed results across growth names (some disappointments elsewhere), a reminder that broader market surprises can still cause volatility even for outperformers like BE. Earnings Season Hits Overdrive

Analysts Set New Price Targets

A number of analysts recently weighed in on BE shares. Roth Mkm set a $225.00 price objective on shares of Bloom Energy in a research note on Wednesday, April 29th. China Renaissance started coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued a “buy” rating and a $207.00 price objective for the company. Susquehanna upped their price objective on shares of Bloom Energy to $293.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Truist Financial set a $68.00 price objective on shares of Bloom Energy in a research note on Friday, January 9th. Finally, TD Cowen upped their price objective on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $213.81.

Bloom Energy Trading Up 2.3%

The stock’s 50 day moving average is $172.25 and its two-hundred day moving average is $138.39. The company has a market capitalization of $82.85 billion, a PE ratio of -5,904.92 and a beta of 3.82. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue was up 130.4% on a year-over-year basis. During the same period in the previous year, the company posted $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 predict that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Aman Joshi sold 19,944 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. This represents a 9.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the transaction, the insider directly owned 212,365 shares in the company, valued at approximately $43,371,303.95. The trade was a 8.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 490,092 shares of company stock valued at $88,329,475. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds have recently modified their holdings of BE. Bayforest Capital Ltd acquired a new position in shares of Bloom Energy during the first quarter valued at about $2,055,000. AQR Capital Management LLC acquired a new position in shares of Bloom Energy during the first quarter valued at about $1,820,000. NewEdge Advisors LLC increased its holdings in shares of Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after acquiring an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 increased its holdings in shares of 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. Institutional investors and hedge funds own 77.04% of the company’s stock.

About Bloom Energy

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.