Bloom Energy (NYSE:BE) Stock Gets Price Target Boost from Wells Fargo & Company

Bloom Energy (NYSE:BE) had its target price hoisted by investment analysts at Wells Fargo & Company from $176.00 to $182.00 in a report released on Monday, Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential downside of 8.92% from the stock’s previous close.

BE has been the topic of several other reports. Morgan Stanley increased their price target on shares of Bloom Energy from $310.00 to $335.00 and gave the stock an “overweight” rating in a research report on Friday. BTIG Research reduced their target price on shares of Bloom Energy from $295.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Monday, October 19th. Citigroup reissued a “buy” rating on shares of Bloom Energy in a research report on Friday. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $242.00 price objective on shares of Bloom Energy in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.00.

Bloom Energy Stock Up 3.4%

NYSE:BE opened at $199.82 on Monday. Bloom Energy has a 1-year low of $75.70 and a 1-year high of $351.28. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. The company has a market capitalization of $58.85 billion, a PE ratio of 124.27, a P/E/G ratio of 2.50 and a beta of 3.77. The firm’s 50-day moving average price is $248.71 and its 200-day moving average price is $249.97.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the company earned $0.15 earnings per share. The company’s revenue was up 138.1% on a year-over-year basis. On average, equities analysts predict that Bloom Energy will post 2.04 EPS for the current fiscal year.

Insider Activity

In other Bloom Energy news, Director John T. Chambers sold 15,000 shares of Bloom Energy stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total value of $3,750,000.00. Following the sale, the director owned 208,333 shares in the company, valued at $52,083,250. The trade was a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Aman Joshi sold 8,437 shares of the stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This trade represents a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 89,698 shares of company stock worth $21,780,758. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Bloom Energy by 78.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after purchasing an additional 583,135 shares in the last quarter. Jennison Associates LLC grew its holdings in Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after acquiring an additional 2,673,710 shares in the last quarter. Bank of America Corp DE increased its position in shares of Bloom Energy by 6.1% in the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after purchasing an additional 126,649 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Bloom Energy in the second quarter valued at $296,413,000. Finally, Elemental Capital Partners LLC increased its holdings in Bloom Energy by 2.5% in the third quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock valued at $287,791,000 after buying an additional 25,625 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Third-quarter revenue rose 138% year over year to approximately $1.24 billion, exceeding expectations, while earnings also beat estimates. Management raised its 2026 revenue forecast for the third time, now targeting $4.4 billion to $4.6 billion. Bloom Energy Raised Its 2026 Forecast for the Third Time
• Positive Sentiment: Product revenue increased 179% and operating margin expanded to 23.1%, indicating that manufacturing scale is generating significant operating leverage. Bloom Energy’s Selloff Misses the Upgrade
• Positive Sentiment: Demand remains supported by data centers seeking faster power deployment while grid connections face lengthy delays. Backlog growth and new contracts could provide longer-term capacity upside. Where Will Bloom Energy Stock Be in 5 Years?
• Positive Sentiment: RBC reaffirmed an Outperform rating, while Bernstein reportedly forecast substantial appreciation, providing some analyst support. Bloom Energy Stock Rating Reaffirmed as Outperform
• Neutral Sentiment: KeyCorp maintained a Sector Weight rating, suggesting analysts remain divided despite Bloom Energy’s operational momentum. KeyCorp Reaffirms Sector Weight Rating
• Negative Sentiment: Operating cash flow was negative $27 million and free cash flow was negative $181 million during a quarter with record profitability. Investors are concerned that rapid growth may require continued capital spending and could create dilution risk. Bloom Energy Strong Results Not Sufficient
• Negative Sentiment: Shares recently declined sharply after earnings as investors emphasized negative cash flow, possible near-term margin headwinds, and deteriorating sentiment toward AI infrastructure spending. Bloom Energy Is 44% Below Its June Record
• Negative Sentiment: JPMorgan cut its price target, and reports of analyst downgrades contributed to a gap lower and reinforced concerns that the stock’s high valuation leaves limited room for execution missteps. Bloom Energy Stock Price Target Cut by JPMorgan

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.