Bloom Energy (NYSE:BE) Trading Down 4.3% – Here’s What Happened

Shares of Bloom Energy Corporation (NYSE:BE) traded down 4.3% during trading on Thursday . The company traded as low as $257.01 and last traded at $257.8080. Approximately 11,283,479 shares traded hands during trading, a decline of 10% from the average daily volume of 12,556,431 shares. The stock had previously closed at $269.28.

Bloom Energy News Roundup

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

• Positive Sentiment: S&P 500 inclusion is the main catalyst. S&P Dow Jones Indices confirmed Bloom Energy’s addition to the index, which is expected to generate demand from index-tracking funds and increase the company’s visibility among institutional investors. Bloom Energy Climbs as S&P 500 Addition Spreads Fuel Cell Bid
• Positive Sentiment: AI-related power demand continues to support the growth story. Coverage points to rising electricity needs from hyperscalers, neocloud companies and AI laboratories, with Bloom’s fuel-cell systems offering an alternative where grid capacity is constrained. Recent commentary also highlights a sizable order backlog, customer prepayments and improving gross margins. Bloom Energy Has More Room to Run Amid the AI Supercycle
• Positive Sentiment: Product improvements may accelerate deployments. Bloom’s Power Connect system is reported to have the potential to reduce installation time by more than 40%, which could help the company convert its backlog into revenue more quickly. Bloom Energy’s New Power Connect System
• Neutral Sentiment: Bloom announced a season-long ESPN College Football Campus Tour focused on energy reliability, community engagement and emergency-response support. The initiative may improve brand awareness but is unlikely to materially affect near-term financial results. Bloom Energy ESPN College Football Campus Tour
• Neutral Sentiment: Heavy options activity and reports that Situational Awareness bought BE options are adding attention and potentially short-term trading momentum, but do not establish a change in the company’s fundamentals.
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action. The lawsuit covers investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, with a September 28 lead-plaintiff deadline. Reports cite alleged disclosures involving scandium sourcing and “no China supply chain” representations. The allegations could create legal costs, reputational risk and investor uncertainty, although the claims have not been adjudicated. Kaplan Fox Bloom Energy Class Action Reminder

Wall Street Analysts Forecast Growth

BE has been the topic of a number of research analyst reports. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Jefferies Financial Group upped their price target on Bloom Energy from $188.00 to $229.00 and gave the stock a “hold” rating in a research note on Friday, August 14th. JPMorgan Chase & Co. cut their price objective on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. UBS Group reaffirmed a “buy” rating and issued a $325.00 price objective on shares of Bloom Energy in a research note on Monday. Finally, Susquehanna boosted their target price on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $249.18.

Bloom Energy Trading Up 6.6%

The business’s 50-day moving average is $225.34 and its two-hundred day moving average is $225.85. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The stock has a market capitalization of $81.14 billion, a PE ratio of 367.33, a PEG ratio of 3.54 and a beta of 3.80.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm’s revenue was up 165.5% compared to the same quarter last year. During the same period last year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts predict that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Soderberg sold 2,895 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the transaction, the insider directly owned 129,370 shares of the company’s stock, valued at approximately $30,220,832. The trade was a 2.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 4,677 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $241.75, for a total value of $1,130,664.75. Following the completion of the transaction, the insider owned 159,130 shares of the company’s stock, valued at approximately $38,469,677.50. This represents a 2.86% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 89,464 shares of company stock worth $22,131,255. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

Large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its holdings in Bloom Energy by 39,637.2% in the 2nd quarter. California State Teachers Retirement System now owns 123,526,724 shares of the company’s stock worth $37,391,539,000 after buying an additional 123,215,865 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after acquiring an additional 269,662 shares during the last quarter. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy during the fourth quarter worth about $347,560,000. Amundi lifted its stake in shares of Bloom Energy by 390.7% in the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after acquiring an additional 2,511,426 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Bloom Energy in the fourth quarter worth about $239,683,000. 77.04% of the stock is owned by institutional investors and hedge funds.

About Bloom Energy

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.