Bloom Energy (NYSE:BE) Shares Up 1.5% – Still a Buy?

Shares of Bloom Energy Corporation (NYSE:BE) rose 1.5% during trading on Tuesday . The company traded as high as $284.25 and last traded at $276.9670. Approximately 10,413,124 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 12,916,254 shares. The stock had previously closed at $272.89.

Key Bloom Energy News

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

• Positive Sentiment: AI-related power demand supports growth expectations. Morgan Stanley estimates the U.S. could face a roughly 33-gigawatt AI power shortfall through 2028. Bloom’s behind-the-meter fuel-cell systems are viewed as a potential solution for data centers and other power-intensive customers. Morgan Stanley Sees a 33-GW AI Power Shortfall
• Positive Sentiment: Favorable comparisons with other clean-energy companies. Commentary says Bloom has an advantage over Plug Power, Fluence Energy and Ballard Power Systems because of stronger earnings growth, profitability, sales momentum and demand for on-site power. Its recent addition to the S&P 500 and approximately 218% 2026 gain may also be increasing institutional visibility. FLNC or BE: Which Alternative Energy Stock Is Worth Buying Now?
• Neutral Sentiment: Valuation and momentum are attracting both bullish and cautious views. Articles note that Bloom’s sharp recent advance raises questions about whether the AI-driven catalyst is sustainable. The stock also trades at a very high earnings multiple, increasing sensitivity to any slowdown in growth or weaker execution. Bloom Energy Just Ripped 38% in a Month
• Negative Sentiment: Multiple law firms are promoting a securities class action. The lawsuit covers investors who purchased BE shares from February 27, 2025, through July 8, 2026. Allegations reportedly concern disclosures about Bloom’s exposure to China’s supply chain; a July report preceded a $15.28 one-day share decline. The September 28 lead-plaintiff deadline keeps the legal issue in focus and creates potential financial and reputational risk. Levi & Korsinsky Bloom Energy Investor Alert

Analyst Upgrades and Downgrades

BE has been the subject of a number of analyst reports. Mizuho increased their price objective on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research note on Monday, September 14th. BTIG Research reissued a “buy” rating and set a $295.00 price objective on shares of Bloom Energy in a report on Wednesday, July 29th. TD Cowen reiterated a “hold” rating and set a $235.00 price objective on shares of Bloom Energy in a report on Monday, July 20th. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Roth Capital upped their target price on Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Three analysts have rated the stock with a Strong Buy rating, ten have given 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 stock has a consensus rating of “Moderate Buy” and an average price target of $254.14.

Bloom Energy Stock Performance

The firm’s fifty day moving average price is $227.83 and its 200-day moving average price is $232.32. The firm has a market cap of $76.53 billion, a price-to-earnings ratio of 346.44, a PEG ratio of 3.54 and a beta of 3.80. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business’s revenue was up 165.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts expect that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Satish Chitoori sold 2,870 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the sale, the insider owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. This represents a 1.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey Immelt sold 30,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares of the company’s stock, valued at $48,078,965.13. The trade was a 12.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 89,604 shares of company stock valued at $21,948,262. 3.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy in the 4th quarter valued at about $347,560,000. Norges Bank bought a new stake in shares of Bloom Energy during the 4th quarter worth about $239,683,000. Jennison Associates LLC boosted its stake in Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Bloom Energy during the second quarter worth about $296,413,000. Finally, Polar Capital Holdings Plc bought a new stake in Bloom Energy during the fourth quarter worth approximately $76,234,000. 77.04% of the stock is owned by institutional investors and hedge funds.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.