Bloom Energy Corporation (NYSE:BE – Get Free Report)’s share price was up 2.4% on Tuesday . The company traded as high as $280.74 and last traded at $259.6370. Approximately 16,005,491 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 11,104,729 shares. The stock had previously closed at $253.57.
Key Stories Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy is being viewed as a potential future candidate for S&P 500 inclusion, which could attract index-fund buying if it meets the criteria. Bloom Energy, Astera Labs, Alnylam, Reddit Could Be Among Next Adds to S&P 500
- Positive Sentiment: Monday trading strength was tied to the tariff-reset narrative around metal inputs and a firmer risk tone, which helped lift shares in premarket trading. What’s Going On With Bloom Energy Stock Monday?
- Positive Sentiment: Analyst sentiment remains supportive, with Bloom Energy reported to have an average rating of “Moderate Buy,” reinforcing the bullish case for the stock. Bloom Energy Corporation (NYSE:BE) Receives Average Rating of “Moderate Buy” from Analysts
- Neutral Sentiment: FuelCell Energy’s sharp rally after a Canaccord upgrade and data-center optimism has increased attention on the broader fuel-cell and AI-power trade, indirectly keeping Bloom Energy in focus as the category leader. FuelCell Energy Jumps After Canaccord Turns Bullish on Data Center Opportunity (FCEL)
- Negative Sentiment: Some commentary is framing Bloom Energy’s recent volatility as more sentiment-driven than fundamentally driven, which suggests the stock could be vulnerable if momentum cools. Why Bloom Energy Stock Jumped 10% Tuesday Morning But Then Dropped Quickly
- Negative Sentiment: Hyliion’s CEO also publicly argued that KARNO could be a cheaper and lower-maintenance alternative to Bloom Energy’s fuel-cell systems, highlighting competitive pressure in the space. EXCLUSIVE: Hyliion CEO Reveals Why He Thinks KARNO Is A Better ‘Mousetrap’ Than Bloom Energy’s Fuel Cells
Analysts Set New Price Targets
BE has been the subject of a number of recent research reports. Susquehanna increased their price objective on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Wells Fargo & Company increased their price objective on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. increased their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, BTIG Research increased their price objective on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $217.48.
Bloom Energy Stock Up 2.4%
The firm has a market cap of $73.85 billion, a price-to-earnings ratio of -5,191.70 and a beta of 3.74. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The business’s 50-day moving average is $236.53 and its 200-day moving average is $167.38.
Bloom Energy (NYSE:BE – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue for the quarter was up 130.4% on a year-over-year basis. During the same quarter last year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current year.
Insider Buying and Selling at Bloom Energy
In related news, insider Aman Joshi sold 4,813 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the completion of the sale, the insider owned 175,708 shares in the company, valued at $50,639,045.60. This trade represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,746 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $259.42, for a total transaction of $712,367.32. Following the sale, the insider owned 135,107 shares of the company’s stock, valued at $35,049,457.94. This trade represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 323,777 shares of company stock worth $71,485,514 over the last ninety days. Company insiders own 3.00% of the company’s stock.
Institutional Investors Weigh In On Bloom Energy
A number of hedge funds have recently added to or reduced their stakes in BE. Blue Trust Inc. grew its holdings in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares during the last quarter. Anchor Investment Management LLC bought a new stake in Bloom Energy during the 1st quarter worth about $27,000. WPG Advisers LLC grew its holdings in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after acquiring an additional 67 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. grew its holdings in Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the last quarter. Institutional investors own 77.04% of the company’s stock.
Bloom Energy Company Profile
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.
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