Bloom Energy Corporation (NYSE:BE – Get Free Report) shares traded up 5.1% during trading on Monday . The company traded as high as $349.99 and last traded at $345.6450. Approximately 11,187,335 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 11,130,171 shares. The stock had previously closed at $328.91.
More Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy continues to benefit from the AI data-center power buildout narrative, with several recent pieces noting strong demand for on-site power solutions and the stock holding near record highs. Bloom Energy Holds Near a Record as AI Power Demand Drives the Fuel-Cell Trade
- Positive Sentiment: Bloom Energy was also featured in market commentary and stock-pick lists as a beneficiary of the AI infrastructure boom, which can keep investor interest and trading momentum elevated. Zacks Investment Ideas feature highlights: Bloom, Oracle, Brookfield Asset Management, Crescent and Diversified Energy
- Neutral Sentiment: Bernstein initiated coverage on Bloom Energy with a Market Perform rating, suggesting the company is noteworthy but not yet clearly undervalued at current levels. Bernstein Initates Coverage of Bloom Energy (BE) with Market Perform. Here is Why
- Negative Sentiment: Recent articles from investors and traders warned that Bloom Energy’s rapid run-up has left the stock looking expensive, with some calling it a potential value trap after its surge to all-time highs. Buy, Hold, or Sell: Bloom Energy Stock Ripped Past $345 to an All-Time High. Is This AI Energy Play a Dangerous Value Trap?
- Negative Sentiment: Bloom Energy also came under pressure after a sharp pullback, with coverage noting it declined more than the broader market and asking whether enthusiasm for the AI-energy story is starting to fade. Why Bloom Energy Stock Tumbled Today
Analyst Ratings Changes
Several equities research analysts have issued reports on BE shares. Susquehanna lifted their price target on Bloom Energy to $293.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Citigroup reaffirmed a “neutral” rating on shares of Bloom Energy in a research note on Thursday, May 28th. TD Cowen increased their price target on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Sanford C. Bernstein initiated coverage on shares of Bloom Energy in a research note on Tuesday, June 16th. They set a “market perform” rating and a $276.00 price target on the stock. Finally, Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and an average target price of $224.36.
Bloom Energy Stock Performance
The stock has a market cap of $92.13 billion, a PE ratio of -6,476.42 and a beta of 3.73. The company has a fifty day moving average price of $269.21 and a 200 day moving average price of $181.93. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.
Bloom Energy (NYSE:BE – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the prior year, the business posted $0.03 EPS. Bloom Energy’s quarterly revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current year.
Insider Transactions at Bloom Energy
In other news, CAO Maciej Kurzymski sold 2,259 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the sale, the chief accounting officer owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 firm’s stock in a transaction that occurred on 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 transaction, the director owned 238,333 shares in the company, valued at $70,949,350.77. This represents a 18.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 230,274 shares of company stock valued at $58,696,472. 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. Western Wealth Management LLC bought a new position in shares of Bloom Energy during the first quarter valued at about $624,000. PVG Asset Management Corp purchased a new position in Bloom Energy during the 1st quarter valued at about $1,353,000. Rathbones Group PLC purchased a new position in Bloom Energy during the 1st quarter valued at about $231,000. DV Trading LLC raised its position in Bloom Energy by 717.8% during the 1st quarter. DV Trading LLC now owns 1,701 shares of the company’s stock valued at $230,000 after purchasing an additional 1,493 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in Bloom Energy by 30.3% during the 1st quarter. Parallel Advisors LLC now owns 5,523 shares of the company’s stock valued at $748,000 after purchasing an additional 1,284 shares during the last quarter. Institutional investors own 77.04% of the company’s stock.
Bloom Energy Company Profile
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.
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