Bloom Energy (NYSE:BE) Stock Rating Upgraded by TD Cowen

Bloom Energy (NYSE:BE) was upgraded by investment analysts at TD Cowen to a “hold” rating in a report released on Monday, Zacks reports.

Several other brokerages have also issued reports on BE. Susquehanna raised their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. UBS Group reissued a “buy” rating and set a $325.00 price target on shares of Bloom Energy in a research note on Monday, September 7th. BMO Capital Markets cut their price objective on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday, July 29th. Truist Financial lowered their target price on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. Finally, BTIG Research reiterated a “buy” rating and set a $295.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $257.18.

Bloom Energy Trading Up 3.4%

BE stock opened at $296.30 on Monday. The company has a market cap of $87.27 billion, a P/E ratio of 395.07, a PEG ratio of 3.66 and a beta of 3.77. Bloom Energy has a twelve month low of $75.70 and a twelve month high of $351.28. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The business has a fifty day moving average of $242.11 and a 200-day moving average of $240.46.

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, beating the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm’s quarterly revenue was up 165.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities research analysts expect that Bloom Energy will post 2.06 EPS for the current year.

Insider Activity at Bloom Energy

In other news, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider directly owned 129,370 shares of the company’s stock, valued at $30,220,832. This represents a 2.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,870 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the sale, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This represents a 1.40% decrease in their ownership of the stock. 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. In the last three months, insiders sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Eleva Capital SAS bought a new stake in shares of Bloom Energy in the 3rd quarter valued at $1,053,000. Central Pacific Bank Trust Division lifted its holdings in Bloom Energy by 46.0% during the third quarter. Central Pacific Bank Trust Division now owns 4,857 shares of the company’s stock worth $1,345,000 after acquiring an additional 1,531 shares in the last quarter. Eastern Bank lifted its holdings in Bloom Energy by 157.7% during the third quarter. Eastern Bank now owns 2,165 shares of the company’s stock worth $600,000 after acquiring an additional 1,325 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Bloom Energy by 13.8% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 355 shares of the company’s stock worth $98,000 after acquiring an additional 43 shares in the last quarter. Finally, GoalVest Advisory LLC grew its stake in Bloom Energy by 13,843.2% in the third quarter. GoalVest Advisory LLC now owns 18,405 shares of the company’s stock valued at $54,000 after acquiring an additional 18,273 shares during the period. 77.04% of the stock is owned by institutional investors.

Bloom Energy News Roundup

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

• Positive Sentiment: Capacity expansion supports growth expectations. Bloom Energy’s manufacturing expansion could help the company meet rising demand for fuel-cell systems and distributed power, particularly from data centers. Bloom Energy expands manufacturing capacity
• Positive Sentiment: Morgan Stanley identified additional upside opportunities. The bank highlighted Bloom’s combination of on-site power generation and on-site carbon capture as a potential competitive advantage, reinforcing the long-term investment case. Morgan Stanley spots Bloom Energy opportunities
• Positive Sentiment: Earlier earnings performance remains a key catalyst. Bloom’s latest reported quarter substantially exceeded expectations, with earnings of $0.78 per share versus a $0.39 consensus estimate and revenue of $1.07 billion, up 165.5% year over year. Bloom Energy Q2 earnings review
• Neutral Sentiment: TD Cowen upgraded Bloom Energy to “hold.” The rating change is an improvement, but the hold designation signals that the analyst sees limited near-term upside relative to the stock’s recent performance. Bloom Energy stock rating upgraded by TD Cowen
• Neutral Sentiment: FuelCell Energy’s data-center project lifted sentiment across fuel-cell stocks, providing a modest sector read-through for Bloom, although the project is not a Bloom contract. FuelCell Energy and Bloom Energy stock moves
• Negative Sentiment: Bloom trades at a very demanding valuation, with a reported price-to-earnings ratio near 395. Continued gains therefore depend on rapid earnings growth and successful execution of its expansion plans.

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.