Bloom Energy (NYSE:BE) Earns Sector Weight Rating from KeyCorp

Bloom Energy (NYSE:BE)‘s stock had its “sector weight” rating reissued by equities researchers at KeyCorp in a report released on Friday, Benzinga reports.

Several other research analysts have also issued reports on BE. Zacks Research lowered shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Royal Bank Of Canada reissued an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a research note on Monday, September 28th. Barclays upped their price objective on shares of Bloom Energy from $276.00 to $308.00 and gave the stock an “equal weight” rating in a report on Thursday, October 1st. Sanford C. Bernstein lifted their target price on shares of Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a report on Friday. Finally, Citigroup reissued a “buy” rating on shares of Bloom Energy in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and an average target price of $261.73.

Bloom Energy Stock Down 9.2%

BE stock opened at $216.69 on Friday. Bloom Energy has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The business’s 50 day moving average price is $249.46 and its two-hundred day moving average price is $249.56. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The company has a market capitalization of $63.82 billion, a price-to-earnings ratio of 288.92, a price-to-earnings-growth ratio of 3.08 and a beta of 3.77.

Bloom Energy (NYSE:BE) last announced its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.25. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.07 billion. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The business’s revenue was up 138.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.15 EPS. As a group, analysts forecast that Bloom Energy will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other news, insider Satish Chitoori sold 2,870 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the sale, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, CAO Maciej Kurzymski sold 2,295 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total transaction of $616,023.90. Following the sale, the chief accounting officer directly owned 77,391 shares of the company’s stock, valued at $20,773,292.22. This trade represents a 2.88% 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 89,698 shares of company stock worth $21,780,758 in the last 90 days. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after buying an additional 583,135 shares in the last quarter. Jennison Associates LLC raised its position in Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Bank of America Corp DE lifted its stake in Bloom Energy by 6.1% during the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after acquiring an additional 126,649 shares during the period. Bank of New York Mellon Corp bought a new position in Bloom Energy during the 2nd quarter valued at about $296,413,000. Finally, Elemental Capital Partners LLC boosted its holdings in shares of Bloom Energy by 2.5% during the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock valued at $287,791,000 after acquiring an additional 25,625 shares during the last quarter. 77.04% of the stock is owned by institutional investors.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Record results beat expectations. Third-quarter revenue surged 138.1% year over year to $1.24 billion, exceeding the $1.07 billion consensus estimate. Adjusted earnings of $0.94 per share also topped estimates of roughly $0.69–$0.71 and rose sharply from $0.15 a year earlier. Bloom Energy quarterly earnings report
• Positive Sentiment: Bloom raised its full-year outlook. Management expects 2026 adjusted earnings of $3.10 to $3.40 per share and approximately $4.5 billion in revenue at the midpoint, reportedly about 9% above analyst expectations. The stronger outlook reflects demand for Bloom’s on-site power systems. Bloom Energy lifts outlook and reports higher profit
• Positive Sentiment: Data-center demand remains a key growth driver. Hyperscalers are increasing adoption of distributed power as electricity availability becomes a constraint for artificial-intelligence infrastructure. CEO KR Sridhar also said Bloom’s opportunities extend beyond AI, including broader power generation and hydrogen applications. Bloom Energy Q3 earnings call transcript
• Neutral Sentiment: Expectations and valuation are unusually high. Bloom Energy has benefited from the AI-power theme and is up substantially over the past year, but its high earnings multiple leaves less room for execution disappointments. BMO Capital issued a Hold rating, underscoring the more cautious analyst view. BMO Capital Hold rating
• Negative Sentiment: Negative cash flow overshadowed the earnings beat. Bloom reportedly generated approximately $180 million of negative net cash flow in the quarter. Investors may be concerned that rapid growth is requiring substantial working capital and investment, making the headline profit less valuable until cash conversion improves. Bloom Energy cash-flow reaction
• Negative Sentiment: Profit-taking amplified the reaction. Fuel-cell and AI-power stocks had rallied sharply ahead of earnings, creating a high comparison bar. Traders appear to be selling the news despite the strong report, particularly because the results did not eliminate concerns about cash flow and valuation. Bloom Energy pre-earnings rally reverses

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.