Susquehanna Increases Bloom Energy (NYSE:BE) Price Target to $298.00

Bloom Energy (NYSE:BE) had its target price raised by investment analysts at Susquehanna from $293.00 to $298.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “positive” rating on the stock. Susquehanna’s price target suggests a potential upside of 16.29% from the company’s current price.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. lifted their price target on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Robert W. Baird reissued an “outperform” rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Thursday. Mizuho set a $285.00 price objective on Bloom Energy in a research report on Friday, May 1st. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Bloom Energy in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Bloom Energy presently has a consensus rating of “Hold” and an average price target of $242.14.

Bloom Energy Trading Up 0.8%

Bloom Energy stock opened at $256.26 on Friday. The firm has a market cap of $72.89 billion, a PE ratio of -5,124.28 and a beta of 3.73. Bloom Energy has a 12 month low of $24.04 and a 12 month high of $351.28. The stock’s 50 day simple moving average is $284.20 and its two-hundred day simple moving average is $197.33. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. During the same period in the previous year, the firm earned $0.03 EPS. The business’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts anticipate that Bloom Energy will post 1.34 earnings per share for the current year.

Insider Buying and Selling

In other Bloom Energy news, insider Aman Joshi sold 8,343 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the transaction, the insider owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Maciej Kurzymski sold 2,259 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the transaction, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 228,617 shares of company stock worth $59,843,659 in the last quarter. 3.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BE. Blue Trust Inc. grew its holdings in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of Bloom Energy in the first quarter valued at about $27,000. WPG Advisers LLC lifted its stake in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. boosted its position in Bloom Energy by 2,000.0% during the first 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. 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: Robert W. Baird reaffirmed its Outperform rating on Bloom Energy and set a $310 price target, implying further upside if the company can sustain its growth story. Bloom Energy (NYSE:BE) Given Outperform Rating at Robert W. Baird
• Positive Sentiment: The stock rebounded after Bloom Energy categorically rejected allegations in a short-seller report, with retail traders and some market commentary framing the claims as overstated or manipulative. Bloom Energy Shares Climb After Company Rebuts Short-Seller Report (BE)
• Neutral Sentiment: Bloom Energy issued an 8-K response disputing claims about its supply chain and reliance on Chinese minerals, seeking to “correct the record” and defend its AI-related business narrative. BE Stock Ends Higher: Bloom Energy Denies Supply Chain And Scandium Allegations Following New Crossroads Capital Attack
• Negative Sentiment: Multiple law firms announced securities fraud investigations into Bloom Energy after the short report and related allegations, which can add legal overhang and pressure sentiment. Securities Fraud Investigation Into Bloom Energy Corporation (BE) Announced
• Negative Sentiment: Hunterbrook’s report alleging supply-chain issues and other concerns triggered the initial selloff and heavy put-option activity, showing traders are still pricing in elevated controversy and risk. Securities Fraud Investigation Into Bloom Energy Corporation (BE) Announced

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.