Bloom Energy (NYSE:BE) Shares Down 3.1% – Should You Sell?

Shares of Bloom Energy Corporation (NYSE:BE) traded down 3.1% during mid-day trading on Thursday. The stock traded as low as $251.30 and last traded at $266.5360. 18,002,869 shares were traded during mid-day trading, an increase of 39% from the average session volume of 12,919,494 shares. The stock had previously closed at $275.19.

Bloom Energy News Summary

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

• Positive Sentiment: Oracle maintains its Bloom Energy commitment. Oracle reportedly continues to stand behind a contract for approximately 2.4 gigawatts of Bloom fuel-cell systems, within a broader agreement covering up to 2.8 gigawatts. The confirmation eased concerns that Oracle’s force majeure notice could lead to cancellation of Bloom’s largest deployment. Oracle reaffirms Bloom fuel-cell contract
• Positive Sentiment: AI power demand continues to support Bloom’s growth narrative. Analysts and market commentary highlight Bloom’s role in providing rapid, behind-the-meter power for data centers amid a projected U.S. AI electricity shortfall. The company has reported an approximately $20 billion backlog and plans to double Fremont production capacity to 2 gigawatts by the end of 2026. Bloom backlog and production expansion
• Neutral Sentiment: The Oracle project remains delayed but has not been canceled. A natural-gas pipeline and regulatory delays affecting Oracle’s Project Jupiter could postpone Bloom’s revenue, cash flow and profits. However, Oracle says the project remains on schedule for its planned completion, and Bloom’s backlog is diversified across multiple customers. Oracle force majeure and AI infrastructure risks
• Neutral Sentiment: Bloom also publicized a $10,000 donation to support first responders in State College, Pennsylvania. The announcement may improve community visibility but is unlikely to materially affect financial results. Bloom supports State College first responders
• Negative Sentiment: Multiple law firms are promoting a securities class action. The lawsuit covers investors who purchased Bloom securities between February 27, 2025, and July 8, 2026, with a September 28 lead-plaintiff deadline. Allegations reportedly include misleading statements about the company’s China-related supply chain. The legal action adds reputational, financial and disclosure risk, though the allegations have not been proven. Bloom Energy securities class action

Analysts Set New Price Targets

Several analysts recently commented on the company. Clear Str raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Susquehanna boosted their target price on Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Barclays increased their price target on Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Robert W. Baird reiterated an “outperform” rating and set a $310.00 price objective on shares of Bloom Energy in a report on Thursday, July 9th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.14.

Bloom Energy Stock Performance

The stock has a fifty day simple moving average of $230.54 and a 200-day simple moving average of $233.63. The stock has a market cap of $85.08 billion, a P/E ratio of 385.15, a PEG ratio of 3.41 and a beta of 3.80. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The company’s quarterly revenue was up 165.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities analysts expect that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insider Activity at Bloom Energy

In other news, insider Shawn Soderberg sold 2,895 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the completion of the transaction, the insider directly owned 129,370 shares of the company’s stock, valued at $30,220,832. This trade represents a 2.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey Immelt sold 30,000 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares in the company, valued at approximately $48,078,965.13. This represents a 12.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 89,604 shares of company stock worth $21,948,262. 3.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Blue Trust Inc. raised its stake in shares of 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 purchasing an additional 51 shares in the last quarter. Continuum Advisory LLC acquired a new stake in Bloom Energy in the second quarter valued at $25,000. Anchor Investment Management LLC bought a new position in shares of Bloom Energy in the 1st quarter valued at about $27,000. Hantz Financial Services Inc. grew its position in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the period. Finally, Godsey & Gibb Inc. increased its stake in shares of 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 purchasing an additional 200 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

About Bloom Energy

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.