Bloom Energy (NYSE:BE) Issues FY 2026 Earnings Guidance

Bloom Energy (NYSE:BE) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.550-2.850 for the period, compared to the consensus estimate of 1.990. The company issued revenue guidance of $3.9 billion-$4.2 billion, compared to the consensus revenue estimate of $3.7 billion.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BE. JPMorgan Chase & Co. upped their price objective on Bloom Energy from $267.00 to $346.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Wells Fargo & Company lifted their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Jefferies Financial Group raised their target price on shares of Bloom Energy from $207.00 to $246.00 and gave the company a “hold” rating in a research note on Monday, July 6th. Finally, Susquehanna increased their price objective on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $255.55.

Bloom Energy Stock Performance

Shares of NYSE:BE traded down $3.54 during midday trading on Wednesday, hitting $163.30. The company’s stock had a trading volume of 18,153,812 shares, compared to its average volume of 12,016,812. The stock’s 50 day simple moving average is $267.30 and its 200 day simple moving average is $208.35. The stock has a market capitalization of $46.45 billion, a price-to-earnings ratio of -3,236.61 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. Bloom Energy has a fifty-two week low of $32.52 and a fifty-two week high of $351.28.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same quarter in the previous year, the firm earned $0.10 EPS. Bloom Energy’s quarterly revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts anticipate that Bloom Energy will post 1.43 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares in the company, valued at approximately $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Shawn Marie Soderberg sold 2,879 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $288.10, for a total value of $829,439.90. Following the transaction, the insider owned 137,853 shares of the company’s stock, valued at $39,715,449.30. The trade was a 2.05% 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 sold a total of 118,617 shares of company stock valued at $34,238,909 over the last three months. 3.00% of the stock is owned by insiders.

More Bloom Energy News

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

• Positive Sentiment: Record results exceeded expectations. Second-quarter revenue rose 165.5% year over year to $1.065 billion, surpassing the $826 million consensus estimate. Adjusted earnings of $0.78 per share were twice the $0.39 analyst forecast and improved substantially from $0.10 a year earlier. Gross margin also expanded to 33.4%. Bloom Energy Reports Record Second Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Management raised its full-year outlook. Bloom now expects 2026 revenue of $3.9 billion to $4.2 billion and adjusted EPS of $2.55 to $2.85, above prior guidance and Wall Street expectations. Management cited strong order growth, operating leverage and expanding demand from AI data centers. BE Q2 Earnings Call Highlights AI Power Demand, Profit Growth
• Positive Sentiment: AI infrastructure partnerships support the growth story. Bloom expanded its data-center financing partnership with Brookfield Asset Management to as much as $25 billion, potentially improving customers’ ability to fund fuel-cell deployments as electricity demand rises. BTIG also reaffirmed a “buy” rating with a $295 price target. BTIG Reaffirms Bloom Energy Buy Rating
• Neutral Sentiment: Analyst views remain divided. BMO Capital Markets lowered its price target from $279 to $227 and assigned a “market perform” rating, while the revised target still implies substantial potential upside. Other brokerages’ average rating remains “hold,” reflecting caution after the stock’s large multiyear advance.
• Negative Sentiment: Valuation and profit sustainability are key risks. Despite the earnings beat, Bloom’s market capitalization and extreme valuation leave little room for execution missteps. Investors may also be taking profits after the recent rally, while the stock’s sharp swings and high beta can amplify post-earnings volatility.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd acquired a new position in Bloom Energy during the fourth quarter valued at approximately $28,000. McMillan Office Inc. acquired a new position in shares of Bloom Energy during the 4th quarter worth about $37,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Bloom Energy by 13.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,871 shares of the company’s stock valued at $327,000 after purchasing an additional 451 shares during the period. First Commonwealth Financial Corp PA lifted its stake in Bloom Energy by 17.6% in the 4th quarter. First Commonwealth Financial Corp PA now owns 3,101 shares of the company’s stock valued at $269,000 after purchasing an additional 465 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in Bloom Energy by 16.0% during the fourth quarter. CreativeOne Wealth LLC now owns 3,915 shares of the company’s stock worth $340,000 after purchasing an additional 541 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.