Bloom Energy (NYSE:BE) Stock Price Up 15.2% – Still a Buy?

Bloom Energy Corporation (NYSE:BE)’s stock price traded up 15.2% during trading on Thursday . The stock traded as high as $329.51 and last traded at $328.38. 15,757,307 shares changed hands during trading, an increase of 42% from the average session volume of 11,127,563 shares. The stock had previously closed at $284.99.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy to “hold”, which may support sentiment by signaling a more constructive view from the analyst community. Street Insider
• Positive Sentiment: Recent commentary said Bloom Energy could benefit from the AI and data-center buildout because its onsite power systems help customers bypass grid constraints and secure reliable electricity. Bull of the Day: Bloom Energy (BE)
• Positive Sentiment: Bloom Energy was highlighted in a Yahoo Finance article about Trump’s latest portfolio, adding to investor visibility and speculative interest in the stock. Is Bloom Energy (BE) The Best Energy Stock in Trump’s Latest Portfolio?
• Neutral Sentiment: Multiple insiders sold shares recently, but the company said the transactions were tied to tax withholding on equity vesting rather than a change in business outlook, so the signal is not strongly negative.
• Neutral Sentiment: Other recent coverage focused on Bloom Energy’s onsite power-generation model and broader stock momentum, reinforcing the existing narrative rather than introducing new fundamental news. Can Bloom Energy Continue to Benefit From Onsite Power Generation?
• Negative Sentiment: The insider selling by Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski, and Aman Joshi may pressure sentiment in the near term, even if the sales were for tax-related reasons.

Analysts Set New Price Targets

BE has been the subject of a number of analyst reports. Susquehanna raised their target price on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $335.00 price target on shares of Bloom Energy in a research report on Wednesday, June 10th. Jefferies Financial Group upgraded Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research note on Tuesday, April 14th. Mizuho set a $285.00 price objective on Bloom Energy in a research report on Friday, May 1st. Finally, UBS Group reaffirmed a “buy” rating on shares of Bloom Energy in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.14.

Bloom Energy Price Performance

The firm has a 50-day moving average of $262.42 and a 200 day moving average of $178.15. The company has a market capitalization of $93.40 billion, a PE ratio of -6,566.29 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10.

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

Insider Activity at Bloom Energy

In other news, insider Satish Chitoori sold 20,000 shares of the stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the transaction, the insider directly owned 212,365 shares of the company’s stock, valued at $43,371,303.95. This represents a 8.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Aman Joshi sold 10,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $135.88, for a total value of $1,358,800.00. Following the completion of the transaction, the insider owned 180,521 shares in the company, valued at approximately $24,529,193.48. This trade represents a 5.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 230,274 shares of company stock valued at $58,696,472 over the last quarter. 3.00% of the stock is owned by company insiders.

Institutional Trading of Bloom Energy

A number of hedge funds have recently bought and sold shares of BE. Western Wealth Management LLC bought a new position in Bloom Energy in the first quarter valued at about $624,000. PVG Asset Management Corp bought a new stake in shares of Bloom Energy during the 1st quarter valued at about $1,353,000. Rathbones Group PLC bought a new stake in shares of Bloom Energy during the 1st quarter valued at about $231,000. DV Trading LLC lifted its stake in shares of Bloom Energy by 717.8% in the 1st 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 period. Finally, Parallel Advisors LLC boosted its holdings in shares of Bloom Energy by 30.3% in the first quarter. Parallel Advisors LLC now owns 5,523 shares of the company’s stock worth $748,000 after buying an additional 1,284 shares during the last quarter. Hedge funds and other 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.