Bloom Energy (NYSE:BE) Shares Gap Up – Time to Buy?

Bloom Energy Corporation (NYSE:BE)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $204.02, but opened at $213.55. Bloom Energy shares last traded at $214.3420, with a volume of 4,083,217 shares traded.

Bloom Energy News Summary

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

• Positive Sentiment: Congressional disclosures showed purchases of approximately 15,000 Bloom Energy shares and 200 call options by the Pelosi family. The high-profile trade boosted retail interest and investor confidence in Bloom’s fuel-cell power systems for AI data centers. Nancy Pelosi Invested $3 Million in This AI Energy Play
• Positive Sentiment: Analysts and financial commentators reiterated bullish views following Bloom’s strong second-quarter results. Non-GAAP EPS of $0.78 exceeded the roughly $0.41 consensus estimate, revenue rose about 167% year over year to $1.07 billion, and gross margin expanded to 34.3%. Bloom Energy: Pelosi Buys And Sell-Side Earnings Hikes, Reiterate Buy
• Positive Sentiment: Bloom raised fiscal 2026 targets to $3.9 billion–$4.2 billion of revenue, 34% gross margin, $800 million–$900 million of operating income, and $2.55–$2.85 of EPS. Analysts’ consensus price targets near $275 also imply substantial potential upside, although targets are not guarantees. Wall Street Analysts See a 36.89% Upside in Bloom Energy
• Positive Sentiment: Coverage highlighted demand for Bloom’s modular, onsite power systems as data centers face electricity shortages. Oracle-related demand and Brookfield’s expanded financing framework were cited as potential catalysts for scaling deployments. Bloom Energy: Factory-Built Power Is Becoming AI’s Fastest Route to Scale
• Neutral Sentiment: Despite the bullish outlook, Bloom remains a volatile, richly valued stock after a significant pullback from its recent high, making further gains dependent on continued execution and delivery of the raised guidance.
• Negative Sentiment: Several law firms publicized securities class actions alleging Bloom misled investors about having no China supply-chain exposure, after a report linked Chinese-sourced scandium to its supply base. The lawsuits and September 28 lead-plaintiff deadline create legal and reputational overhang, although the allegations have not been proven. BE Shareholder Alert: Securities Class Action Lawsuit

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BE. Clear Str raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. reduced their target price on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Sanford C. Bernstein upped their price target on shares of Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. BTIG Research restated a “buy” rating and set a $295.00 price objective on shares of Bloom Energy in a research report on Wednesday, July 29th. Finally, BMO Capital Markets decreased their price target on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research note on Wednesday, July 29th. Three equities research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Stock Up 4.7%

The company has a market capitalization of $62.93 billion, a price-to-earnings ratio of 285.75, a price-to-earnings-growth ratio of 2.76 and a beta of 3.79. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a 50-day moving average of $242.72 and a 200-day moving average of $217.54.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. During the same period last year, the firm posted $0.10 EPS. Bloom Energy’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities analysts predict that Bloom Energy Corporation will post 1.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Satish Chitoori sold 2,053 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $241.64, for a total transaction of $496,086.92. Following the completion of the sale, the insider directly owned 205,364 shares in the company, valued at approximately $49,624,156.96. The trade was a 0.99% decrease in their ownership of the stock. The sale 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 R. Immelt sold 30,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director owned 201,243 shares of the company’s stock, valued at approximately $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. Insiders sold a total of 144,464 shares of company stock worth $38,504,205 in the last quarter. 3.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BE. Fortem Financial Group LLC bought a new position in Bloom Energy during the 4th quarter worth $369,000. Strs Ohio raised its stake in Bloom Energy by 24.8% during the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after acquiring an additional 8,200 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Bloom Energy by 3,398.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after purchasing an additional 233,020 shares during the last quarter. Norges Bank bought a new position in shares of Bloom Energy in the 4th quarter valued at $239,683,000. Finally, Militia Capital Management LLC bought a new position in Bloom Energy in the first quarter valued at about $813,000. 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.