Bloom Energy Corporation (NYSE:BE) Receives $217.48 Consensus Target Price from Brokerages

Bloom Energy Corporation (NYSE:BE) has been given a consensus rating of “Moderate Buy” by the twenty-three research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation, ten have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $217.4762.

BE has been the topic of several recent research reports. BTIG Research upped their price objective on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a report on Wednesday. Roth Mkm set a $225.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bloom Energy in a report on Tuesday. Finally, Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd.

Insider Buying and Selling at Bloom Energy

In other news, insider Aman Joshi sold 4,813 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the sale, the insider directly owned 175,708 shares in the company, valued at $50,639,045.60. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the sale, the director directly owned 238,333 shares in the company, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 323,777 shares of company stock valued at $71,485,514. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors and hedge funds have recently modified their holdings of the company. Rathbones Group PLC purchased a new stake in shares of Bloom Energy in the first quarter worth about $231,000. DV Trading LLC lifted its holdings in shares of Bloom Energy by 717.8% in the first quarter. DV Trading LLC now owns 1,701 shares of the company’s stock worth $230,000 after buying an additional 1,493 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Bloom Energy by 30.3% in the first quarter. Parallel Advisors LLC now owns 5,523 shares of the company’s stock worth $748,000 after buying an additional 1,284 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Bloom Energy by 17.1% in the first quarter. NewEdge Advisors LLC now owns 31,396 shares of the company’s stock worth $4,254,000 after buying an additional 4,580 shares in the last quarter. Finally, Concorde Asset Management LLC lifted its holdings in shares of Bloom Energy by 6.0% in the first quarter. Concorde Asset Management LLC now owns 3,217 shares of the company’s stock worth $436,000 after buying an additional 183 shares in the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Price Performance

NYSE BE opened at $260.39 on Tuesday. The company has a market cap of $74.07 billion, a PE ratio of -5,206.80 and a beta of 3.73. Bloom Energy has a 52 week low of $20.93 and a 52 week high of $322.83. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The firm’s 50-day simple moving average is $246.21 and its two-hundred day simple moving average is $171.19.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company’s revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Research analysts predict that Bloom Energy will post 1.31 earnings per share for the current year.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom Energy is being highlighted as a beneficiary of rising demand for reliable power to support AI data centers, with commentary pointing to its fuel-cell technology as a solution for grid-constrained projects and a reason traders are re-entering the name. Bloom Energy Stock Is Climbing Thursday: What’s Driving The Move?
• Positive Sentiment: Recent coverage says Bloom Energy continues to stand out in the renewable-energy group, with strong earnings performance helping support the bullish case and reinforcing its growth momentum versus peers. Renewable Energy Q1 Earnings: Bloom Energy (NYSE:BE) is the Best in the Biz
• Neutral Sentiment: Bloom Energy’s stock has already delivered an enormous multi-year gain, and one article questions whether there is still upside left after the rally, which may be encouraging some investors to reassess valuation rather than chase the stock. Bloom Energy (BE) Stock After 13x Three Year Surge Is There Still Upside Potential
• Neutral Sentiment: One bearish note downgraded Bloom Energy to hold, arguing that AI enthusiasm may be running ahead of fundamentals, which adds caution but does not point to a major business setback. Bloom Energy: AI Euphoria Meets Reality, Downgrading To Hold
• Negative Sentiment: Coverage also notes that Bloom Energy has pulled back from a recent peak, and that a paused data-center project tied to Crusoe raises a near-term reminder that some AI-power demand could be delayed even if the longer-term thesis remains intact. BE Stock Recovers After 10% Selloff: Morgan Stanley Says Crusoe Project Pause Does Not Break AI Power Thesis

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.