Bloom Energy (NYSE:BE) Shares Gap Up – Should You Buy?

Bloom Energy Corporation (NYSE:BE) shares gapped up prior to trading on Tuesday. The stock had previously closed at $262.87, but opened at $272.82. Bloom Energy shares last traded at $292.5360, with a volume of 5,592,634 shares changing hands.

Bloom Energy News Summary

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

• Positive Sentiment: Fuel-cell sector recovery: Buyers returned to fuel-cell stocks broadly, helping Bloom recover part of its previous decline alongside gains in FuelCell Energy and Plug Power. Bloom Energy Rallies 11% as Fuel Cell Selloff Reverses
• Positive Sentiment: Analyst support: RBC reaffirmed its “Outperform” rating and $335 price target, citing Bloom’s new Fremont facility as evidence of strong demand. The target implies additional upside from recent trading levels. RBC Reaffirms Bloom Energy Outperform Rating
• Positive Sentiment: AI data-center opportunity: Commentary remains bullish on Bloom’s 800-volt direct-current architecture, which could lower infrastructure costs for large AI data centers and strengthen the company’s position in the power-constrained AI buildout. The Power Bottleneck Was Just the Beginning
• Neutral Sentiment: High expectations: Bloom has become a major AI-infrastructure investment theme, but its valuation—following a dramatic multimonth rally—requires sustained order growth and earnings execution to justify the market capitalization. Can the AI Power Boom Justify Bloom Energy’s Valuation?
• Negative Sentiment: Litigation overhang: Several law firms publicized a securities class-action lawsuit and lead-plaintiff deadline involving Bloom, creating a potential reputational and legal risk for investors.

Wall Street Analysts Forecast Growth

BE has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price objective on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Mizuho increased their price target on Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Robert W. Baird reissued an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. Finally, UBS Group restated a “buy” rating and set a $325.00 price objective on shares of Bloom Energy in a research note on Monday, September 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and an average target price of $255.73.

Bloom Energy Price Performance

The stock has a market cap of $87.07 billion, a P/E ratio of 394.24, a price-to-earnings-growth ratio of 3.69 and a beta of 3.80. 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 business has a 50-day simple moving average of $231.84 and a 200 day simple moving average of $234.98.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The company 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 firm’s revenue was up 165.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts forecast that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insiders Place Their Bets

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,295 shares of the firm’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total value of $616,023.90. Following the transaction, the chief accounting officer directly owned 77,391 shares of the company’s stock, valued at approximately $20,773,292.22. This trade represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 3,601 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $269.94, for a total transaction of $972,053.94. Following the completion of the transaction, the insider directly owned 155,529 shares in the company, valued at approximately $41,983,498.26. The trade was a 2.26% 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. Insiders sold a total of 89,604 shares of company stock worth $21,948,262 over the last three months. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Hedge funds have recently bought and sold shares of the company. Montanova Capital LLC bought a new stake in Bloom Energy in the 2nd quarter worth about $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Bloom Energy by 78.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after buying an additional 583,135 shares during the period. Militia Capital Management LLC purchased a new stake in Bloom Energy during the first quarter valued at about $813,000. Norges Bank purchased a new stake in shares of Bloom Energy during the 4th quarter valued at approximately $239,683,000. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Bloom Energy by 3,398.3% in the second quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock worth $72,611,000 after acquiring an additional 233,020 shares during the period. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Company Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.