Bloom Energy (NYSE:BE) Sees Unusually-High Trading Volume on Analyst Upgrade

Shares of Bloom Energy Corporation (NYSE:BE) saw strong trading volume on Thursday after Mizuho upgraded the stock from a neutral rating to an outperform rating. Mizuho now has a $242.00 price target on the stock, down from their previous price target of $285.00. 13,426,501 shares were traded during trading, an increase of 10% from the previous session’s volume of 12,175,165 shares.The stock last traded at $213.4130 and had previously closed at $163.75.

Other research analysts also recently issued research reports about the stock. TD Cowen reiterated a “hold” rating and set a $235.00 price target on shares of Bloom Energy in a research report on Monday, July 20th. UBS Group dropped their target price on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. reduced their target price on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research report on Wednesday. Susquehanna increased their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Finally, Truist Financial dropped their price objective on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $246.18.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares in the company, valued at approximately $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Shawn Marie Soderberg sold 2,879 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.10, for a total value of $829,439.90. Following the completion of the transaction, the insider directly owned 137,853 shares in the company, valued at $39,715,449.30. The trade was a 2.05% 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 118,617 shares of company stock valued at $34,238,909 over the last three months. 3.00% of the stock is owned by insiders.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Strong Q2 results and higher guidance: Bloom reported adjusted earnings of $0.78 per share versus the $0.39 consensus estimate, while revenue surged 165.5% year over year to $1.07 billion, exceeding expectations of approximately $826 million. The company raised its 2026 revenue outlook to $3.9 billion-$4.2 billion and EPS guidance to $2.55-$2.85, supported by product growth and demand for onsite power. Bloom Energy Reports Record Second Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: AI data-center demand remains a major catalyst: Management highlighted accelerating power requirements from artificial-intelligence infrastructure, expanded financing partnerships and operating leverage. The company’s Brookfield financing backstop reportedly increased to $25 billion, potentially helping fund large-scale deployments. Why Bloom Energy May Be the Most Important AI Infrastructure Stock
• Positive Sentiment: Analyst sentiment improved: Mizuho upgraded BE from “neutral” to “outperform” with a $242 target, while Clear Street and Zacks Research moved their ratings from “hold” to “strong buy.” BTIG also reaffirmed its “buy” rating. Mizuho’s target was reduced from $285, but it still implies substantial potential upside based on the reference price. Analyst Ratings
• Neutral Sentiment: Mixed target-price signals: JPMorgan maintained an “overweight” rating but lowered its target to $314 from $346. BMO reduced its target to $227 from $279 and kept a “market perform” rating, indicating analysts remain constructive but more cautious after the stock’s sharp run.
• Negative Sentiment: Valuation and profit-taking are limiting momentum: With a very high reported P/E ratio and significant recent volatility, investors may be locking in gains despite the earnings beat. The stock’s pullback after its earnings-driven rebound suggests expectations for AI-related growth are already elevated.

Institutional Trading of Bloom Energy

A number of hedge funds have recently modified their holdings of BE. Sunpointe LLC bought a new position in Bloom Energy during the 2nd quarter worth approximately $341,000. Bogart Wealth LLC increased its stake in Bloom Energy by 725.0% in the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock valued at $40,000 after purchasing an additional 116 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in Bloom Energy by 12.3% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 4,252 shares of the company’s stock worth $1,287,000 after purchasing an additional 467 shares during the period. CRA Financial Services LLC acquired a new stake in Bloom Energy in the second quarter worth $214,000. Finally, Perryman Financial Advisory Inc. AD bought a new position in shares of Bloom Energy during the second quarter worth $848,000. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Bloom Energy Trading Up 29.3%

The company has a market capitalization of $60.21 billion, a P/E ratio of 284.80 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The business’s 50-day moving average price is $264.93 and its two-hundred day moving average price is $208.65.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 44.62%. The firm’s quarterly revenue was up 165.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts forecast that Bloom Energy Corporation will post 1.43 EPS for the current fiscal year.

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.