Bloom Energy (NYSE:BE) Shares Gap Up – Time to Buy?

Bloom Energy Corporation (NYSE:BE) shares gapped up prior to trading on Tuesday . The stock had previously closed at $252.87, but opened at $267.76. Bloom Energy shares last traded at $274.53, with a volume of 6,731,616 shares.

Bloom Energy News Roundup

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

• Positive Sentiment: S&P 500 inclusion: Bloom Energy is scheduled to join the S&P 500 before trading begins on September 21. The change is expected to generate buying from index-tracking funds and increase institutional visibility. ETFs in Spotlight as Bloom Energy is Set to Join the S&P 500 Index
• Positive Sentiment: AI data-center power demand: Analysts continue to highlight Bloom’s ability to provide quickly deployable, onsite electricity amid grid constraints. A report noted that the company delivered power to an Oracle data center in 55 days, potentially strengthening its competitive position with hyperscale customers. Bloom Energy Delivered Power to an Oracle Data Center in 55 Days
• Positive Sentiment: Strong operating momentum: Recent coverage points to second-quarter revenue of $1.07 billion, up 165.5% year over year, along with raised 2026 expectations and major customer and financing relationships tied to data-center expansion.
• Neutral Sentiment: Analyst debate: Some commentators remain bullish on Bloom’s growth outlook, while others argue that the stock’s rapid advance has outpaced reasonable estimates of intrinsic value. One model cited a $213.16 target, substantially below the recent trading level. Prediction: Bloom Energy Has Limited Upside Despite 223% Year-to-Date Surge
• Negative Sentiment: Securities litigation over China supply-chain disclosures: Multiple law firms are publicizing a shareholder class action alleging that Bloom misrepresented its lack of China-related supply exposure after an investigative report identified Chinese-origin scandium in its supply chain. The September 28 lead-plaintiff deadline keeps the issue in focus and adds legal and reputational risk. BE Shareholder Alert

Analyst Ratings Changes

BE has been the topic of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. TD Cowen restated a “hold” rating and issued a $235.00 target price on shares of Bloom Energy in a report on Monday, July 20th. BMO Capital Markets cut their target price on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research note on Wednesday, July 29th. Wells Fargo & Company reduced their price target on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Finally, Robert W. Baird reissued an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Thursday, July 9th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $249.18.

Bloom Energy Price Performance

The company has a fifty day moving average of $225.52 and a 200-day moving average of $224.73. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The stock has a market cap of $79.35 billion, a PE ratio of 359.23, a P/E/G ratio of 3.80 and a beta of 3.80.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the previous year, the firm posted $0.10 EPS. Bloom Energy’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts expect that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

Insider Transactions at Bloom Energy

In related news, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the completion of the sale, the director owned 208,333 shares in the company, valued at $52,083,250. This represents a 6.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey R. Immelt sold 30,000 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the sale, the director owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This trade represents a 12.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 89,464 shares of company stock valued at $22,131,255 over the last quarter. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BE. Blue Trust Inc. grew its position in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the period. Continuum Advisory LLC acquired a new position in shares of Bloom Energy during the 2nd quarter worth $25,000. Anchor Investment Management LLC acquired a new position in Bloom Energy during the first quarter worth about $27,000. Hantz Financial Services Inc. raised its position in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. lifted its position in shares of Bloom Energy by 2,000.0% in the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

About Bloom Energy

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.