Bloom Energy (NYSE:BE) Stock Price Up 7.2% – Should You Buy?

Bloom Energy Corporation (NYSE:BE) shares traded up 7.2% on Wednesday. The company traded as high as $241.37 and last traded at $238.7660. 12,162,518 shares changed hands during trading, a decline of 6% from the average session volume of 12,988,062 shares. The stock had previously closed at $222.65.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: AI-related power demand is supporting the rally. Elon Musk said power generation, cooling and related infrastructure—not semiconductor availability—are becoming the primary constraints on expanding AI computing capacity. That comment reinforces the investment case for Bloom’s onsite solid oxide fuel-cell systems, which can provide power directly to data centers. Why is Bloom Energy stock rallying 6% on Wednesday?
• Positive Sentiment: Data-center contracts remain a key growth driver. Reported projects involving Oracle and Google, along with a growing backlog and improving free cash flow, have strengthened expectations for sustained demand from AI and cloud infrastructure customers. Management has also raised its 2026 revenue outlook twice, most recently to $3.9 billion-$4.2 billion. Is AI Data Center Deals Altering the Investment Case for Bloom Energy Stock?
• Positive Sentiment: An analyst upgrade added support. The upgrade contributed to improved sentiment ahead of the quarterly report, although investors will likely focus more closely on the analyst’s updated valuation and earnings expectations. Bloom Energy Shares Climb After Analyst Upgrade
• Neutral Sentiment: Earnings expectations are elevated. Bloom previously reported strong revenue and EPS growth, and investors are watching third-quarter revenue, margins, backlog, cash flow and management’s 2026 outlook for evidence that AI-related demand is translating into results. Bloom Energy Stock Rebounding Ahead of Earnings
• Negative Sentiment: Valuation and earnings volatility remain risks. The stock had fallen roughly 36% from its June peak before this rebound and trades at a very high earnings multiple. Any disappointment in quarterly execution, data-center deal timing or guidance could trigger renewed selling. Bloom Energy Is Down 36% From Its June Record

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Oppenheimer reaffirmed a “market perform” rating on shares of Bloom Energy in a research note on Wednesday, July 29th. BTIG Research reiterated a “buy” rating and set a $295.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Wells Fargo & Company cut their price target on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Monday. Finally, Mizuho lifted their price objective on Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research note on Monday, September 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $261.55.

Bloom Energy Stock Performance

The stock has a market cap of $70.32 billion, a price-to-earnings ratio of 318.35, a PEG ratio of 2.92 and a beta of 3.77. The stock’s fifty day moving average is $249.83 and its 200-day moving average is $248.26. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm 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 quarterly revenue was up 165.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts forecast that Bloom Energy Corporation will post 2.04 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,295 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the transaction, the chief accounting officer directly owned 77,391 shares of the company’s stock, valued at approximately $20,773,292.22. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,437 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $277.17, for a total value of $2,338,483.29. Following the completion of the transaction, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. The trade was a 5.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 89,698 shares of company stock worth $21,780,758 in the last three months. 3.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Bloom Energy

A number of hedge funds have recently modified their holdings of BE. Jennison Associates LLC lifted its holdings 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 during the last quarter. Bank of America Corp DE boosted its holdings in shares of Bloom Energy by 6.1% during the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after buying an additional 126,649 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after buying an additional 583,135 shares during the last quarter. Elemental Capital Partners LLC grew its stake in Bloom Energy by 2.5% in the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock valued at $287,791,000 after buying an additional 25,625 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Bloom Energy in the 2nd quarter valued at about $296,413,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.