Bloom Energy (NYSE:BE) Stock Falls 6.2% – Here’s Why

Bloom Energy Corporation (NYSE:BE) shares traded down 6.2% during trading on Friday. The company traded as low as $219.17 and last traded at $221.6070. 13,581,831 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 13,025,386 shares. The stock had previously closed at $236.30.

More Bloom Energy News

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

• Positive Sentiment: Analyst support remains constructive. Morgan Stanley initiated a Buy rating, while Robert W. Baird raised its price target to $351 and maintained an Outperform rating. Truist also lifted its target to $240, although it kept a Hold rating.
• Positive Sentiment: AI data-center demand remains the core bullish thesis. Oracle has reportedly designated Bloom Energy as the primary power source for a major AI campus, reinforcing the company’s role in supplying electricity where grid capacity is constrained. Bloom’s solid-oxide fuel cells are also being highlighted as a potential beneficiary of continued AI infrastructure spending. Bloom Energy Got Good News From Oracle and Fell Anyway
• Neutral Sentiment: Earnings are the next major catalyst. Wall Street expects year-over-year earnings growth, with the report scheduled for next week, but some analysis says Bloom lacks the usual indicators of a likely earnings beat. Investors will focus on backlog, guidance and whether the company can repeat its prior revenue outperformance. Can Bloom Energy Repeat Last Quarter’s Revenue Beat?
• Negative Sentiment: Profit-taking and valuation pressure are weighing on the stock. Bloom Energy has risen about 157% this year and trades at a very high earnings multiple, increasing the risk that investors lock in gains if growth or guidance disappoints. Bloom Energy Is Up 157% in 2026
• Negative Sentiment: The broader AI-power trade is unwinding. Concerns about debt levels and the sustainability of data-center spending have pressured Bloom and other equipment makers, even after positive Oracle news. The retreat suggests investors are reassessing whether projected AI electricity demand will translate into near-term orders. Bloom Energy Retreats as AI Power Trade Unwinds

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Sanford C. Bernstein restated a “market perform” rating and issued a $282.00 price objective on shares of Bloom Energy in a report on Wednesday, October 7th. Jefferies Financial Group increased their price objective on shares of Bloom Energy from $229.00 to $264.00 and gave the stock a “hold” rating in a research report on Tuesday, September 29th. Roth Capital reiterated a “neutral” rating and issued a $260.00 target price on shares of Bloom Energy in a report on Tuesday. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.05.

Bloom Energy Stock Down 6.2%

The business’s fifty day moving average is $249.27 and its two-hundred day moving average is $246.27. 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 stock has a market cap of $65.27 billion, a price-to-earnings ratio of 295.48, a PEG ratio of 3.08 and a beta of 3.77.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. Bloom Energy’s revenue for the quarter was up 165.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities analysts forecast that Bloom Energy Corporation will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Bloom Energy news, insider Aman Joshi sold 8,437 shares of Bloom Energy stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares of the company’s stock, valued at $40,769,489.64. The trade was a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey R. Immelt sold 30,000 shares of the business’s stock in a transaction that occurred on 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 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 SEC filing for this sale provides additional information. In the last 90 days, insiders sold 89,698 shares of company stock worth $21,780,758. Corporate insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Perryman Financial Advisory Inc. AD lifted its holdings in shares of Bloom Energy by 62.6% in the 3rd quarter. Perryman Financial Advisory Inc. AD now owns 4,553 shares of the company’s stock valued at $1,261,000 after purchasing an additional 1,753 shares during the last quarter. TB Alternative Assets Ltd. purchased a new position in shares of Bloom Energy during the third quarter worth approximately $3,828,000. Michael J. Porro & Co. Financial Advisors Inc. increased its holdings in shares of Bloom Energy by 5.3% in the 3rd quarter. Michael J. Porro & Co. Financial Advisors Inc. now owns 15,970 shares of the company’s stock valued at $4,423,000 after acquiring an additional 799 shares during the period. Cornerstone Enterprises LLC purchased a new stake in Bloom Energy in the 3rd quarter valued at $808,000. Finally, Paragon Capital Management Inc. purchased a new stake in Bloom Energy in the 3rd quarter valued at $292,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.