Bloom Energy (NYSE:BE) Stock Price Down 4% – What’s Next?

Shares of Bloom Energy Corporation (NYSE:BE) were down 4% during mid-day trading on Monday . The company traded as low as $210.02 and last traded at $210.57. 8,602,777 shares changed hands during trading, a decline of 31% from the average daily volume of 12,517,212 shares. The stock had previously closed at $219.34.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Nebius selects Bloom as power partner: Nebius Group named Bloom Energy its behind-the-meter power partner for a flagship artificial-intelligence data center. The agreement reinforces Bloom’s position as an alternative power provider for data centers facing grid-connection delays and rising electricity demand. Bloom Energy Jumps 13% as Nebius Picks Its Fuel Cells for AI Data Center
• Positive Sentiment: AI infrastructure momentum continues: Bloom is also expanding its relationship with MiTAC Computing Technology to deploy a fuel-cell microgrid at an AI-server manufacturing campus in Fremont, California. The deal adds to evidence that Bloom’s onsite power systems are gaining traction across the AI supply chain. Bloom Energy Deepens AI Power Footprint In Fremont
• Positive Sentiment: Positive earnings and guidance commentary: Recent coverage highlighted Bloom as a Q2 earnings-season standout after the company raised guidance. Its latest reported quarter included revenue of $1.07 billion and earnings of $0.78 per share, both ahead of consensus estimates. Zacks also placed BE on its highest-rated growth-stock list. Q2 Earnings Season Standouts
• Neutral Sentiment: High expectations raise volatility: Analysts and commentators remain divided over whether Bloom’s AI-power opportunity justifies its sharply higher valuation. The company’s strong growth outlook is supportive, but its elevated price-to-earnings multiple leaves the stock vulnerable if contract wins or data-center deployments do not translate into sustained profits.
• Negative Sentiment: Multiple securities-fraud lawsuit notices: Several law firms publicized a class action alleging that Bloom and certain executives made misleading statements about the company’s supply chain, including claims involving Chinese-sourced scandium and components. The alleged class period generally runs from February 27, 2025, through July 8, 2026, with a September 28, 2026 lead-plaintiff deadline. The lawsuit creates potential legal costs, reputational damage and uncertainty over past disclosures. Levi & Korsinsky Bloom Energy Class Action Alert

Wall Street Analyst Weigh In

Several equities analysts have commented on BE shares. UBS Group cut their price objective on Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, July 29th. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. lowered their target price on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Roth Capital upped their price target on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Finally, TD Cowen reaffirmed a “hold” rating and issued a $235.00 price target on shares of Bloom Energy in a research note on Monday, July 20th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $246.18.

Bloom Energy Trading Up 13.0%

The firm has a market capitalization of $70.29 billion, a P/E ratio of 318.23, a price-to-earnings-growth ratio of 2.88 and a beta of 3.79. The stock has a 50-day simple moving average of $251.08 and a two-hundred day simple moving average of $213.46. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business’s revenue was up 165.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts anticipate that Bloom Energy Corporation will post 1.93 earnings per share for the current year.

Insider Activity at Bloom Energy

In other news, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction dated 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 completion of the sale, the insider owned 163,807 shares in the company, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Satish Chitoori sold 2,837 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the sale, the insider directly owned 207,417 shares of the company’s stock, valued at $59,966,328.87. The trade was a 1.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 102,388 shares of company stock worth $28,821,270 over the last quarter. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several institutional investors have recently bought and sold shares of BE. Fortem Financial Group LLC purchased a new stake in Bloom Energy during the fourth quarter worth $369,000. Strs Ohio raised its position in shares of Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after acquiring an additional 8,200 shares during the period. Norges Bank purchased a new stake in shares of Bloom Energy during the 4th quarter worth about $239,683,000. Assenagon Asset Management S.A. grew its position in shares of Bloom Energy by 3,398.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after acquiring an additional 233,020 shares during the period. Finally, Militia Capital Management LLC acquired a new stake in shares of Bloom Energy during the 1st quarter valued at about $813,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

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.