Bloom Energy (NYSE:BE) Trading 3.5% Higher – Should You Buy?

Bloom Energy Corporation (NYSE:BE)’s stock price was up 3.5% during trading on Friday . The stock traded as high as $223.75 and last traded at $213.8820. Approximately 16,657,766 shares traded hands during trading, an increase of 41% from the average session volume of 11,777,335 shares. The stock had previously closed at $206.73.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: IDF and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure, supporting growth in Bloom’s core power technology and strengthening its AI-related revenue opportunity. Reuters article
• Positive Sentiment: Additional coverage and commentary have highlighted Bloom Energy’s strong stock performance and momentum, with analysts describing it as a stock benefiting from solid quarterly results and long-term gains. Yahoo Finance article
• Neutral Sentiment: Bloom Energy has also appeared on momentum screens and in analyst-style market commentary, which may support trading interest but does not change the company’s fundamentals. Zacks article
• Negative Sentiment: Two law firms announced securities-fraud investigations into Bloom Energy following a short report, creating headline risk and raising concerns about potential disclosures or litigation. Business Wire article
• Negative Sentiment: Short-seller commentary and related reports have argued Bloom may face supply-chain risks and valuation concerns, which could pressure sentiment despite the AI deal news. Barchart article

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BE. Zacks Research downgraded Bloom Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Sanford C. Bernstein assumed coverage on Bloom Energy in a research report on Tuesday, June 16th. They set a “market perform” rating and a $276.00 price target for the company. Citigroup reiterated a “hold” rating on shares of Bloom Energy in a research note on Thursday. Roth Capital increased their price objective on Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Finally, BMO Capital Markets restated an “outperform” rating on shares of Bloom Energy in a research note on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $250.41.

Bloom Energy Trading Up 3.5%

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 company’s fifty day moving average is $279.33 and its 200-day moving average is $202.33. The stock has a market cap of $60.84 billion, a PE ratio of -4,276.78 and a beta of 3.73.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate 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 firm’s revenue was up 130.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, analysts predict that Bloom Energy Corporation will post 1.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mary K. Bush sold 25,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the sale, the director directly owned 108,524 shares of the company’s stock, valued at $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 value of $2,505,986.91. Following the transaction, the insider owned 163,807 shares of the company’s stock, valued at approximately $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 153,617 shares of company stock worth $44,003,909. 3.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

Several hedge funds have recently bought and sold shares of BE. MJT & Associates Financial Advisory Group Inc. grew its stake in shares of Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after purchasing an additional 37 shares during the period. Carolina Wealth Advisors LLC lifted its stake in shares of Bloom Energy by 51.7% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after purchasing an additional 46 shares during the period. Blue Trust Inc. boosted 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 buying an additional 51 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in Bloom Energy during the first quarter worth $27,000. Finally, Godsey & Gibb Inc. grew its position in Bloom Energy by 2,000.0% during the first 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 period. Hedge funds and other institutional investors 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.