Bloom Energy (NYSE:BE) Price Target Lowered to $97.00 at Jefferies Financial Group

Bloom Energy (NYSE:BE) had its price target dropped by research analysts at Jefferies Financial Group from $102.00 to $97.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “underperform” rating on the stock. Jefferies Financial Group’s target price points to a potential downside of 26.63% from the stock’s current price.

Several other research firms have also issued reports on BE. Daiwa Securities Group set a $98.00 price target on Bloom Energy in a research report on Tuesday, December 2nd. Citigroup started coverage on shares of Bloom Energy in a report on Tuesday, February 24th. They issued a “neutral” rating and a $162.00 target price on the stock. UBS Group reaffirmed a “buy” rating and issued a $170.00 target price on shares of Bloom Energy in a research note on Friday, February 6th. Wall Street Zen cut shares of Bloom Energy from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Barclays assumed coverage on shares of Bloom Energy in a report on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $131.65.

Bloom Energy Trading Down 1.0%

Shares of BE stock traded down $1.31 on Friday, hitting $132.21. 5,511,900 shares of the company’s stock traded hands, compared to its average volume of 11,558,298. The stock has a market capitalization of $37.09 billion, a price-to-earnings ratio of -348.40, a P/E/G ratio of 6.13 and a beta of 3.11. The company’s fifty day simple moving average is $152.57 and its 200 day simple moving average is $118.56. Bloom Energy has a one year low of $15.15 and a one year high of $180.90. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business had revenue of $777.68 million during the quarter, compared to the consensus estimate of $647.59 million. During the same period in the previous year, the firm posted $0.43 earnings per share. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities analysts forecast that Bloom Energy will post -0.23 EPS for the current year.

Insider Activity

In other Bloom Energy news, insider Aman Joshi sold 19,944 shares of Bloom Energy stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the sale, the insider directly owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. The trade was a 9.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Maciej Kurzymski sold 7,800 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the completion of the transaction, the insider owned 84,294 shares of the company’s stock, valued at approximately $12,800,043.90. The trade was a 8.47% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 370,092 shares of company stock worth $61,365,925. 3.60% of the stock is owned by company insiders.

Institutional Trading of Bloom Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bayforest Capital Ltd bought a new position in shares of Bloom Energy during the 1st quarter valued at $2,055,000. AQR Capital Management LLC purchased a new stake in Bloom Energy during the first quarter valued at $1,820,000. NewEdge Advisors LLC lifted its holdings in Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after acquiring an additional 1,626 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after acquiring an additional 836,810 shares during the period. Finally, Focus Partners Wealth boosted its position in Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after purchasing an additional 4,716 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom named Simon Edwards as CFO (effective April 13), a hire investors view as strengthening financial leadership and execution, which can support operational discipline as the business scales. Bloom Energy Appoints Simon Edwards as Chief Financial Officer
• Positive Sentiment: Management pitched an AI/data-center-focused growth story at CERAWeek, highlighting a large multibillion-dollar backlog and expanding service contracts tied to AI-driven power demand — a clear demand catalyst for Bloom’s solid oxide fuel cells. How Bloom Energy’s AI-Focused Power Pitch at CERAWeek 2026 Will Impact Bloom Energy (BE) Investors
• Positive Sentiment: Evidence of stronger end-market demand: third‑party commentary notes Bloom’s Q4 surge was driven by data-center orders, reinforcing the company’s revenue momentum and backing management’s FY26 guidance. Bloom Energy (BE) Surged in Q4 Due to Demand from Data Centers
• Positive Sentiment: Independent bullish research (Seeking Alpha initiation) argues significant upside from the AI/data‑center power boom, suggesting longer‑term revenue and EBITDA growth that supports a higher valuation multiple. Bloom Energy: More Upside In The Data Center Power Boom
• Neutral Sentiment: Brokerage consensus remains tepid — many firms rate BE around “Hold,” indicating limited near-term analyst conviction despite improving fundamentals. Bloom Energy Corporation (NYSE:BE) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Analysts and commentators warn valuation is a headwind: strong recent performance is meeting skepticism over stretched multiples and execution risk, which likely contributes to profit‑taking and downward pressure on the stock. Bloom Energy’s Robust Performance Meets Analyst Skepticism Over Valuation

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.