Bloom Energy (NYSE:BE) Trading 12.7% Higher – Here’s Why

Bloom Energy Corporation (NYSE:BE)’s stock price traded up 12.7% during mid-day trading on Wednesday . The company traded as high as $249.99 and last traded at $238.00. 15,110,690 shares were traded during mid-day trading, an increase of 21% from the average session volume of 12,504,574 shares. The stock had previously closed at $211.21.

More Bloom Energy News

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

• Positive Sentiment: Nebius selects Bloom for AI data center power. Nebius Group named Bloom Energy its behind-the-meter power partner for a flagship AI data center, providing a notable customer win and reinforcing Bloom’s positioning in the rapidly growing AI infrastructure market. Bloom Energy Jumps as Nebius Picks Its Fuel Cells for AI Data Center
• Positive Sentiment: Management highlights AI power leadership. CEO KR Sridhar said Bloom’s technology is becoming “the standard” for onsite AI power. While that claim may be aggressive, the broader investment case is that Bloom’s systems can shorten data-center deployment timelines and deliver dependable electricity where conventional grid capacity is unavailable. Bloom Energy Says It’s Now the Standard for AI Onsite Power
• Positive Sentiment: AI manufacturing partnership adds to the growth narrative. Bloom is expanding its relationship with MiTAC Computing Technology to deploy a fuel-cell microgrid at an AI server manufacturing campus in Fremont, California, supporting expectations for additional AI-related orders. Bloom Energy Deepens AI Power Footprint in Fremont
• Positive Sentiment: Recent operating performance supports investor enthusiasm. Bloom’s latest reported quarter exceeded earnings and revenue expectations, while revenue rose sharply year over year. The company also raised or maintained an optimistic outlook, helping validate the AI-driven growth thesis. Analysts and Zacks have highlighted Bloom as a strong growth stock. Q2 Earnings Season Standouts

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on BE shares. BTIG Research reissued a “buy” rating and issued a $295.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $285.00 to $242.00 in a research note on Thursday, July 30th. Citigroup restated a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a report on Wednesday, June 10th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $246.18.

Bloom Energy Trading Up 12.7%

The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The firm’s 50 day simple moving average is $251.08 and its 200-day simple moving average is $213.46. The company has a market capitalization of $70.10 billion, a PE ratio of 317.33, a P/E/G ratio of 2.88 and a beta of 3.79.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The business had revenue of $1.07 billion for 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 for the quarter 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. As a group, equities research analysts anticipate that Bloom Energy Corporation will post 1.93 EPS for the current year.

Insider Buying and Selling

In other news, insider Aman Joshi sold 8,343 shares of the 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 trade represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Marie Soderberg sold 2,879 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.10, for a total value of $829,439.90. Following the sale, the insider owned 137,853 shares in the company, valued at approximately $39,715,449.30. The trade was a 2.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 102,388 shares of company stock valued at $28,821,270 over the last ninety days. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. boosted its position in Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after acquiring an additional 37 shares during the period. Compound Planning Inc. increased its holdings in shares of Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock valued at $467,000 after purchasing an additional 38 shares during the period. Carolina Wealth Advisors LLC lifted its position in shares of Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after purchasing an additional 46 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position in shares of Bloom Energy by 1.6% in the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors 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.