Bloom Energy (NYSE:BE) Stock Price Up 9.2% – What’s Next?

Shares of Bloom Energy Corporation (NYSE:BE) shot up 9.2% during trading on Monday . The company traded as high as $283.62 and last traded at $275.1340. 17,466,834 shares traded hands during trading, an increase of 51% from the average session volume of 11,580,450 shares. The stock had previously closed at $252.02.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom Energy and Brookfield expanded their AI infrastructure partnership fivefold to $25 billion, strengthening Bloom’s demand outlook for onsite power solutions used in data centers. Brookfield and Bloom Energy Expand AI Infrastructure Partnership to $25 Billion
• Positive Sentiment: Market commentary says Bloom Energy is benefiting from strong AI-power momentum, with traders focusing on backlog growth, partnerships, and analyst price targets tied to data center demand. Bloom Energy Stock (BE) Opinions on AI Power Infrastructure Surge
• Neutral Sentiment: Bloom Energy was downgraded by Zacks Research from “strong-buy” to “hold,” which could temper some of the recent enthusiasm. Zacks downgrade coverage
• Negative Sentiment: Some recent commentary argues Bloom Energy’s strong run has pushed valuations too high and warns that expectations may now be stretched after the stock’s sharp climb. Bearish price prediction on Bloom Energy

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BE. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Robert W. Baird increased their price target on shares of Bloom Energy to $242.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research report on Tuesday, April 14th. UBS Group boosted their price objective on shares of Bloom Energy from $322.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Hold” and an average target price of $236.14.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The firm has a market cap of $82.25 billion, a P/E ratio of -5,754.77 and a beta of 3.73. The company has a 50-day moving average of $278.07 and a 200 day moving average of $188.33.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the prior year, the business posted $0.03 earnings per share. The business’s 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. On average, sell-side analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Insiders Place Their Bets

In related news, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the transaction, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at $22,998,973.32. This trade represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,837 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider owned 207,417 shares in the company, valued at approximately $59,966,328.87. This trade represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 220,274 shares of company stock worth $57,337,672 in the last quarter. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Western Wealth Management LLC acquired a new stake in Bloom Energy during the 1st quarter valued at $624,000. PVG Asset Management Corp acquired a new position in Bloom Energy in the first quarter worth $1,353,000. Rathbones Group PLC acquired a new position in Bloom Energy in the first quarter worth $231,000. DV Trading LLC grew its holdings in shares of Bloom Energy by 717.8% during the first quarter. DV Trading LLC now owns 1,701 shares of the company’s stock worth $230,000 after purchasing an additional 1,493 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Bloom Energy by 30.3% during the first quarter. Parallel Advisors LLC now owns 5,523 shares of the company’s stock worth $748,000 after purchasing an additional 1,284 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

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.