Bloom Energy (NYSE:BE) Trading Up 12.7% – Time to Buy?

Bloom Energy Corporation (NYSE:BE)’s stock price rose 12.7% on Wednesday . The company traded as high as $249.99 and last traded at $238.00. Approximately 15,110,690 shares were traded during mid-day trading, an increase of 21% from the average session volume of 12,504,574 shares. The stock had previously closed at $211.21.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom’s fuel-cell systems are benefiting from the AI data-center power shortage. Investors are focusing on the company’s ability to provide rapidly deployable, onsite electricity when grid connections face lengthy permitting and infrastructure constraints. Bloom Energy Shares Jump Premarket as AI Power Crunch Drives Demand
• Positive Sentiment: Reports highlight demand connected to CoreWeave’s expansion and Bloom’s role in powering AI infrastructure. Nebius also said switching to Bloom significantly enhanced an AI data-center project in New Jersey, reinforcing the company’s “speed to power” investment thesis. BE Stock Jumps After NBIS Says Switch To Bloom
• Neutral Sentiment: Analysts and financial commentators remain constructive on Bloom’s longer-term AI opportunity, but caution that the stock’s very large valuation already assumes substantial execution. Future gains may depend on converting demand into contracted revenue, production, and earnings growth. Bloom Energy Stock Carries A Multiple Built On Quarters It Has Outgrown
• Negative Sentiment: Several law firms are promoting a securities class action covering investors who purchased Bloom shares from February 27, 2025, through July 8, 2026. The filings reportedly examine whether Bloom adequately disclosed supply-chain exposure to Chinese scandium and related risks. The lead-plaintiff deadline is September 28, 2026. The repeated notices increase headline, legal, and potential financial-risk overhang for BE. Rosen Securities Class Action Notice

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Evercore reissued an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Wells Fargo & Company decreased their target price on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. TD Cowen reissued a “hold” rating and issued a $235.00 price target on shares of Bloom Energy in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Stock Down 0.9%

The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The firm has a market capitalization of $68.94 billion, a P/E ratio of 311.65, a price-to-earnings-growth ratio of 3.24 and a beta of 3.79. The business has a 50 day moving average price of $248.98 and a 200 day moving average price of $214.75.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm’s revenue for the quarter was up 165.5% compared to the same quarter last year. 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. On average, analysts predict that Bloom Energy Corporation will post 1.93 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Satish Chitoori sold 2,837 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider directly owned 207,417 shares in the company, valued at $59,966,328.87. This represents a 1.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,259 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the sale, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their ownership of the stock. 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 92,585 shares of company stock valued at $25,996,248 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Brooklands Fund Management Ltd acquired a new stake in Bloom Energy during the fourth quarter worth about $347,560,000. Norges Bank acquired a new position in Bloom Energy in the 4th quarter valued at approximately $239,683,000. Jennison Associates LLC lifted its position in shares of 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 acquiring an additional 2,673,710 shares during the period. Amundi lifted its position in shares of Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after acquiring an additional 2,511,426 shares during the period. Finally, Man Group plc grew its holdings in shares of Bloom Energy by 177.4% during the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after purchasing an additional 1,530,167 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.