Bloom Energy (NYSE:BE) Rating Lowered to Hold at Zacks Research

Bloom Energy (NYSE:BE) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Several other equities analysts also recently commented on BE. Citigroup reissued a “neutral” rating on shares of Bloom Energy in a research report on Thursday, May 28th. BTIG Research upped their price target on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. BMO Capital Markets reissued an “outperform” rating on shares of Bloom Energy in a report on Tuesday, June 9th. Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective on the stock in a research note on Tuesday, April 14th. Finally, Mizuho set a $285.00 target price on Bloom Energy in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $224.36.

Bloom Energy Price Performance

NYSE BE opened at $302.41 on Monday. 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 stock has a market capitalization of $86.02 billion, a PE ratio of -6,047.03 and a beta of 3.73. The company has a 50 day moving average price of $278.07 and a two-hundred day moving average price of $188.33. Bloom Energy has a 12-month low of $21.52 and a 12-month high of $351.28.

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

Insider Activity at Bloom Energy

In other news, CAO Maciej Kurzymski sold 2,259 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total value of $651,992.58. Following the sale, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their ownership of the stock. The sale 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 Bloom Energy stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total value 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. The trade was a 18.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 220,274 shares of company stock valued at $57,337,672. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Strs Ohio lifted its position in Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after purchasing an additional 8,200 shares during the period. Fortem Financial Group LLC bought a new stake in Bloom Energy in the 4th quarter valued at $369,000. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Bloom Energy in the 3rd quarter valued at $1,985,000. SPX Gestao de Recursos Ltda acquired a new position in shares of Bloom Energy in the 3rd quarter valued at $1,691,000. Finally, Norges Bank bought a new position in shares of Bloom Energy during the 4th quarter worth about $239,683,000. 77.04% of the stock is owned by institutional investors.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy and Brookfield expanded their AI infrastructure partnership from a $5 billion framework to $25 billion, a fivefold increase that signals stronger long-term demand for Bloom’s onsite power solutions and could support additional project financing and revenue growth. Article Title
• Positive Sentiment: Recent commentary continues to frame Bloom Energy as a key beneficiary of AI data center power demand, with investors focused on its strong revenue growth and improving earnings momentum as the AI buildout accelerates. Article Title
• Neutral Sentiment: The company was also highlighted in a comparison piece versus Ballard Power, which favored BE based on stronger price performance and growth expectations, but this was more commentary than a new fundamental development. Article Title
• Negative Sentiment: Zacks Research downgraded Bloom Energy from “strong-buy” to “hold,” which may temper enthusiasm after the stock’s sharp rally and suggests analysts see less near-term upside at current levels. Article Title

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.