Bloom Energy (NYSE:BE) Trading Up 6.5% – Here’s What Happened

Bloom Energy Corporation (NYSE:BE)’s share price traded up 6.5% on Monday . The company traded as high as $224.64 and last traded at $219.2180. Approximately 18,253,593 shares were traded during mid-day trading, an increase of 46% from the average session volume of 12,479,999 shares. The stock had previously closed at $205.81.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: AI data-center demand is supporting the growth narrative. Bloom Energy’s on-site power systems are gaining attention as electricity-grid expansion struggles to keep pace with rapidly growing artificial-intelligence data centers. The potential for data-center customers to generate power independently could create significant demand for Bloom’s systems. Why Big Tech’s AI Data Centers Are Turning to Bloom Energy
• Positive Sentiment: Recent financial results remain a major support for BE. Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year and well above the $826.1 million consensus estimate. Earnings per share of $0.78 also exceeded expectations of $0.39, reinforcing optimism about operating leverage and the company’s expanded project-financing opportunities.
• Neutral Sentiment: Director John Chambers sold 15,000 shares worth approximately $3.08 million. The August 3 sale reduced his direct ownership by 6.29%, although he continues to hold 223,333 shares. The transaction may weigh on sentiment but does not necessarily indicate a change in the company’s outlook. SEC insider transaction filing
• Negative Sentiment: Several law firms are promoting a securities class action against Bloom Energy. The lawsuit alleges that Bloom and certain executives misled investors about the company’s exposure to China and the source of its materials during the relevant class period. The allegations have not been proven, but the repeated announcements increase legal, reputational and headline risk. Investors seeking lead-plaintiff status face a September 28, 2026 deadline. Bloom Energy class action announcement

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Roth Capital boosted their price objective on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Wells Fargo & Company lowered their target price on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. dropped their target price on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Finally, Susquehanna upped their price target on Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $246.18.

Bloom Energy Price Performance

The company’s fifty day moving average is $257.85 and its two-hundred day moving average is $210.88. The firm has a market capitalization of $67.19 billion, a price-to-earnings ratio of 314.40 and a beta of 3.79. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The firm had revenue of $1.07 billion for 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 35.45%. The business’s revenue for the quarter was up 165.5% on a year-over-year basis. During the same period last year, the firm earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts anticipate that Bloom Energy Corporation will post 1.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the sale, the director directly owned 238,333 shares of the company’s stock, valued at $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the sale, the director directly owned 108,524 shares of the company’s stock, valued at approximately $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 133,617 shares of company stock worth $37,322,609 over the last three months. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several institutional investors have recently modified their holdings of BE. Bayforest Capital Ltd bought a new position in Bloom Energy during the 1st quarter worth approximately $2,055,000. AQR Capital Management LLC acquired a new position in Bloom Energy during the first quarter valued at approximately $1,820,000. NewEdge Advisors LLC increased its stake in Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after purchasing an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after purchasing an additional 836,810 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after purchasing an additional 4,716 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

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.