Bloom Energy (NYSE:BE) Trading 4.3% Higher – Still a Buy?

Bloom Energy Corporation (NYSE:BE) shot up 4.3% on Tuesday . The company traded as high as $252.00 and last traded at $243.4620. 8,740,225 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 11,694,825 shares. The stock had previously closed at $233.49.

Bloom Energy News Summary

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

• Positive Sentiment: Industrial Development Funding and Oaktree announced a $1.7 billion project investment tied to Bloom Energy fuel cells for Nebius’ AI cloud infrastructure build-out, underscoring continued demand for Bloom’s behind-the-meter power systems and reinforcing the company’s role in the AI data center energy theme. Article Title
• Positive Sentiment: Jim Cramer’s latest lightning round comment recommended buying Bloom Energy, adding a sentiment boost and signaling investor interest in the stock’s AI power-growth story. Article Title
• Positive Sentiment: Bloom Energy continues to be highlighted in articles about AI-driven data center power demand, with analysts and market commentators pointing to the company as a beneficiary of grid constraints and infrastructure spending. Article Title
• Neutral Sentiment: Several notes said the stock had already run up sharply and may be priced for perfection, suggesting investors are debating whether recent gains can be sustained. Article Title
• Negative Sentiment: Short seller Hunterbrook accused Bloom Energy of relying on China-sourced scandium and warned that export restrictions could threaten the company’s ability to meet demand, fueling concerns about supply-chain risk. Article Title

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Jefferies Financial Group boosted their price objective on Bloom Energy from $207.00 to $246.00 and gave the company a “hold” rating in a research report on Monday, July 6th. Truist Financial began coverage on Bloom Energy in a research report on Monday. They set a “hold” rating and a $250.00 price objective for the company. Robert W. Baird reiterated an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Thursday, July 9th. Evercore reissued an “outperform” rating and set a $350.00 price target on shares of Bloom Energy in a report on Wednesday, July 1st. Finally, TD Cowen lifted their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $250.41.

Bloom Energy Trading Down 1.9%

The company has a market capitalization of $67.90 billion, a price-to-earnings ratio of -4,773.43 and a beta of 3.73. The firm has a 50-day moving average price of $280.39 and a 200-day moving average price of $201.51. 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 quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the previous year, the business earned $0.03 EPS. The company’s quarterly revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts predict that Bloom Energy Corporation will post 1.4 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,837 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total value of $820,205.07. Following the completion of the sale, the insider owned 207,417 shares in the company, valued at $59,966,328.87. This represents a 1.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the completion of the sale, the insider directly owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. The trade was a 2.10% 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 153,617 shares of company stock valued at $44,003,909 in the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. increased its holdings in shares of Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in Bloom Energy in the 1st quarter worth approximately $27,000. WPG Advisers LLC lifted its holdings in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares during the period. 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 purchasing an additional 200 shares during the period. 77.04% of the stock is currently owned by institutional investors.

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.