Bloom Energy (NYSE:BE) Stock Falls 4.8% – Here’s What Happened

Shares of Bloom Energy Corporation (NYSE:BE) were down 4.8% during mid-day trading on Wednesday. The stock traded as low as $276.90 and last traded at $277.2440. Approximately 14,598,008 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 13,022,999 shares. The stock had previously closed at $291.25.

Bloom Energy News Roundup

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

• Positive Sentiment: Analyst upgrades support the stock: RBC maintained an Outperform rating and a $335 price target, implying substantial upside and forecasting a potential recovery in the final quarter of 2026. RBC analyst says Bloom Energy is poised for recovery
• Positive Sentiment: Jefferies raised its price target to $264 from $229, citing improving prospects even while retaining a Hold rating. The increase reflects stronger investor expectations for Bloom’s growth and AI-related demand. Jefferies raises Bloom Energy price target
• Positive Sentiment: Data-center power demand remains the central bullish catalyst. CEO K.R. Sridhar said electricity demand is coming from multiple directions, including artificial intelligence and data centers. Coverage also highlighted Bloom’s factory expansion, fuel-cell demand outlook and new 800-volt direct-current architecture as potential growth drivers. Bloom Energy CEO discusses power demand
• Positive Sentiment: Oracle-related demand expectations remain supportive. Reports said Oracle reaffirmed its Project Jupiter relationship, reinforcing the view that Bloom could benefit from large AI data-center deployments. Bloom’s recent S&P 500 inclusion may also improve institutional visibility and demand. Oracle reaffirms Project Jupiter relationship
• Neutral Sentiment: Investors are reassessing whether the AI power boom justifies Bloom’s valuation. The shares have risen more than 200% this year, making future gains increasingly dependent on sustained revenue growth, margin improvement and execution. What comes next for Bloom Energy stock
• Negative Sentiment: Valuation and target-price concerns may be limiting upside. Jefferies’ $264 target remains below the recent share price, while the stock’s very high earnings multiple leaves it vulnerable to profit-taking or disappointing growth.
• Negative Sentiment: Project execution risks remain unresolved. Oracle’s force majeure notice involving a natural-gas pipeline delay for Project Jupiter highlights potential infrastructure and timing risks for Bloom and other AI-power suppliers. Oracle force majeure notice and AI build-out risks

Wall Street Analysts Forecast Growth

BE has been the subject of several research analyst reports. JPMorgan Chase & Co. cut their price objective on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Jefferies Financial Group raised their price objective on shares of Bloom Energy from $229.00 to $264.00 and gave the stock a “hold” rating in a report on Tuesday. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. Finally, Mizuho lifted their price target on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research note on Monday, September 14th. Three 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $255.73.

Bloom Energy Stock Down 4.8%

The firm has a market capitalization of $81.66 billion, a PE ratio of 369.66, a P/E/G ratio of 3.36 and a beta of 3.80. 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 company has a 50-day moving average price of $233.13 and a 200 day moving average price of $235.91.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter last year, the company earned $0.10 EPS. The firm’s quarterly revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts forecast that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 4,677 shares of Bloom Energy stock in a transaction on Friday, August 14th. The shares were sold at an average price of $241.75, for a total value of $1,130,664.75. Following the sale, the insider directly owned 159,130 shares in the company, valued at approximately $38,469,677.50. The trade was a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey R. Immelt sold 30,000 shares of the business’s stock in a transaction on 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 completion of the sale, the director owned 201,243 shares in the company, valued at approximately $48,078,965.13. The trade was a 12.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 81,261 shares of company stock valued at $19,442,275. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Continuum Advisory LLC bought a new stake in shares of Bloom Energy in the second quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. boosted its stake in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after buying an additional 37 shares during the last quarter. Markowski Investments purchased a new position in Bloom Energy during the 2nd quarter valued at approximately $37,000. Bogart Wealth LLC raised its holdings in shares of Bloom Energy by 725.0% during the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock worth $40,000 after acquiring an additional 116 shares in the last quarter. Finally, Carolina Wealth Advisors LLC boosted its position in shares of Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after acquiring an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Company Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.