Bloom Energy (NYSE:BE) Shares Up 4.3% – Should You Buy?

Shares of Bloom Energy Corporation (NYSE:BE) rose 4.3% during trading on Friday. The stock traded as high as $297.59 and last traded at $289.4840. Approximately 12,818,589 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 13,019,076 shares. The stock had previously closed at $277.58.

Bloom Energy News Roundup

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

• Positive Sentiment: Virginia’s 2026 Energy Plan reportedly creates a framework for as much as 5 gigawatts of new power capacity, potentially supporting demand for Bloom’s onsite fuel-cell systems. RBC Capital reiterated its Outperform rating and $335 price target, identifying the policy as a significant opportunity. Bloom Energy Stock Jumps as RBC Capital Highlights 5GW Virginia Policy Opportunity
• Positive Sentiment: Analysts are raising or reaffirming targets as utilities and technology companies seek reliable, rapidly deployable electricity for AI data centers. The broader rally in hydrogen and onsite-power stocks is adding momentum to BE shares. Bloom Energy Jumps as Analysts Lift Targets Following Virginia’s 5 GW Energy Blueprint
• Positive Sentiment: Bloom’s positioning as an AI infrastructure supplier remains a key investor narrative, with the stock recently approaching a technical buy point after a strong September advance. Bloom Energy Stock Hiked As AI-Driven Fuel-Cell Market Booms
• Neutral Sentiment: CEO KR Sridhar receiving a 2026 executive leadership award adds visibility for Bloom, but it is unlikely to materially affect near-term earnings. POWER Honors Bloom Energy’s KR Sridhar with 2026 Executive Leadership Award
• Negative Sentiment: Investors are also weighing execution and valuation risks. Bloom’s record quarter relied heavily on equipment sales, leaving results exposed if large orders slow, while the stock’s substantial prior gains and elevated valuation increase sensitivity to disappointing news. Should Bloom Energy Stock Investors Worry About Its Record Quarter?

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BE. Truist Financial reduced their target price on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. JPMorgan Chase & Co. decreased their target price 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. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Susquehanna upped their price target on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Finally, BTIG Research reiterated a “buy” rating and set a $295.00 price target on shares of Bloom Energy in a research report on Wednesday, July 29th. Three research 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.18.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The stock’s 50-day moving average is $235.50 and its two-hundred day moving average is $237.63. The stock has a market cap of $85.26 billion, a PE ratio of 385.98, a PEG ratio of 3.54 and a beta of 3.76.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same quarter in the prior year, the company earned $0.10 earnings per share. The company’s 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. On average, equities analysts predict that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Insider Activity

In other Bloom Energy news, Director John T. Chambers sold 15,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was 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 directly owned 208,333 shares in the company, valued at $52,083,250. This represents a 6.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider directly owned 129,370 shares of the company’s stock, valued at $30,220,832. The trade was a 2.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 81,261 shares of company stock worth $19,442,275 in the last three months. Company insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after purchasing an additional 583,135 shares in the last quarter. Jennison Associates LLC increased its position in Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares during the period. Brooklands Fund Management Ltd acquired a new position in Bloom Energy during the 4th quarter valued at about $347,560,000. Bank of America Corp DE raised its stake in Bloom Energy by 6.1% during the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after acquiring an additional 126,649 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Bloom Energy during the 2nd quarter valued at about $296,413,000. 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.