Bloom Energy (NYSE:BE) Trading 8.9% Higher – Here’s What Happened

Bloom Energy Corporation (NYSE:BE)’s share price shot up 8.9% during mid-day trading on Thursday . The stock traded as high as $318.49 and last traded at $307.4670. 13,839,014 shares changed hands during trading, an increase of 24% from the average session volume of 11,201,715 shares. The stock had previously closed at $282.31.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy announced a strategic partnership with Nebius Group to supply fuel cells for U.S. data centers, a deal that could total up to $2.6 billion and highlights Bloom’s role in solving power constraints for AI infrastructure. Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
• Positive Sentiment: News coverage around the Nebius deal and Bloom’s expanding AI-energy story is fueling investor enthusiasm, with traders viewing the company as a direct winner from rising data-center electricity demand. Nebius Stock Is Rising. A Partnership With Bloom Energy Solves This AI Dilemma.
• Neutral Sentiment: Bloom Energy saw unusually heavy put-option activity, which may reflect hedging or skepticism after the sharp run-up rather than a clear change in the company’s fundamentals.
• Neutral Sentiment: Some analysts and commentators are warning that the stock’s recent surge may have outrun fundamentals, suggesting valuation risk if the AI optimism cools. Bloom Energy’s Rally May Have Pushed the Stock Too Far
• Neutral Sentiment: Recent commentary also notes that insiders sold shares over the past year, which could temper confidence even as the stock remains near highs. Bloom Energy Insiders Sold US$68m Of Shares Suggesting Hesitancy

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BE. Evercore reiterated an “outperform” rating and set a $179.00 target price on shares of Bloom Energy in a report on Friday, February 6th. Robert W. Baird increased their target price on Bloom Energy to $242.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. BMO Capital Markets increased their target price on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research report on Friday, February 6th. Finally, Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.48.

Bloom Energy Stock Up 8.9%

The firm has a market capitalization of $87.46 billion, a P/E ratio of -6,148.11 and a beta of 3.82. 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 fifty day moving average price is $201.03 and its two-hundred day moving average price is $152.45.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period last year, the business earned $0.03 EPS. The company’s 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. Equities analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insider Activity at Bloom Energy

In related news, CEO Kr Sridhar sold 200,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $170.00, for a total transaction of $34,000,000.00. Following the transaction, the chief executive officer directly owned 2,189,869 shares of the company’s stock, valued at $372,277,730. This represents a 8.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the completion of the sale, the director owned 108,524 shares of the company’s stock, valued at $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 525,271 shares of company stock worth $99,167,479 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

A number of institutional investors have recently bought and sold shares of the stock. Liontrust Investment Partners LLP acquired a new stake in shares of Bloom Energy during the first quarter worth $4,777,000. Western Wealth Management LLC acquired a new stake in Bloom Energy during the 1st quarter worth about $624,000. Bank of America Corp DE lifted its position 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 worth $299,688,000 after acquiring an additional 126,649 shares during the period. Edgestream Partners L.P. lifted its position in Bloom Energy by 31.4% during the 1st quarter. Edgestream Partners L.P. now owns 24,787 shares of the company’s stock worth $3,358,000 after acquiring an additional 5,920 shares during the period. Finally, Janus Henderson Group PLC lifted its position in Bloom Energy by 157.3% during the 1st quarter. Janus Henderson Group PLC now owns 150,094 shares of the company’s stock worth $20,335,000 after acquiring an additional 91,761 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

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.