Bloom Energy’s (BE) Market Perform Rating Reiterated at Sanford C. Bernstein

Bloom Energy (NYSE:BE)‘s stock had its “market perform” rating restated by Sanford C. Bernstein in a research note issued on Wednesday, Marketbeat.com reports. They currently have a $282.00 price target on the stock. Sanford C. Bernstein’s price target would indicate a potential downside of 2.10% from the company’s current price.

BE has been the topic of a number of other research reports. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Sunday, September 6th. UBS Group reiterated a “buy” rating and set a $325.00 target price on shares of Bloom Energy in a research report on Monday, September 7th. Truist Financial decreased their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating on the stock in a research report on Wednesday, July 29th. Robert W. Baird reiterated an “outperform” rating and set a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, BTIG Research reiterated a “buy” rating and set a $295.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given 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 an average target price of $257.18.

Bloom Energy Stock Performance

Shares of NYSE BE traded down $7.73 during midday trading on Wednesday, reaching $288.05. 6,574,248 shares of the stock were exchanged, compared to its average volume of 12,952,211. The firm has a market cap of $84.84 billion, a price-to-earnings ratio of 384.04, a PEG ratio of 3.66 and a beta of 3.77. Bloom Energy has a twelve month low of $75.70 and a twelve month high of $351.28. The firm has a 50-day simple moving average of $242.11 and a two-hundred day simple moving average of $240.46. 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 issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The business 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 was up 165.5% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts anticipate that Bloom Energy will post 2.06 EPS for the current fiscal year.

Insider Buying and Selling

In other Bloom Energy news, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the transaction, the insider owned 202,494 shares in the company, valued at approximately $54,685,529.64. This trade represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,895 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the transaction, the insider owned 129,370 shares in the company, 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 have sold a total of 89,698 shares of company stock worth $21,780,758 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BE. Montanova Capital LLC acquired a new position in Bloom Energy in the 2nd quarter valued at about $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in 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 acquiring an additional 583,135 shares in the last quarter. Militia Capital Management LLC acquired a new position in Bloom Energy in the 1st quarter valued at about $813,000. Assenagon Asset Management S.A. grew its position in Bloom Energy by 3,398.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after acquiring an additional 233,020 shares in the last quarter. Finally, Zweig DiMenna Associates LLC acquired a new position in Bloom Energy in the 1st quarter valued at about $8,468,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: AI power demand remains the central bullish catalyst. Morgan Stanley identified Bloom as a potential beneficiary of an estimated 77-gigawatt data-center power shortfall, while Jim Cramer called it a favored AI power play because its fuel-cell systems can provide electricity faster than waiting for constrained utility grids. Morgan Stanley sees Bloom Energy as a winner amid 77 GW shortfall for data centers
• Positive Sentiment: Bloom is expanding production capacity. The company reportedly purchased a 158,000-square-foot facility in Fremont, suggesting management is preparing for stronger demand from data centers and other power customers. Bloom Energy Is Building Like Demand Is About to Explode
• Positive Sentiment: Recent operating momentum supports the story. Bloom’s latest reported quarter exceeded revenue and EPS expectations, with revenue rising sharply year over year; investors are now focused on whether the upcoming earnings report can validate the rapid-growth outlook. Earnings preview: What to expect from Bloom Energy’s report
• Neutral Sentiment: Analyst sentiment is mixed. TD Cowen upgraded Bloom to “hold,” while Sanford C. Bernstein reaffirmed “market perform” with a $282 price target, modestly below the recently quoted share price. Bloom Energy Stock Rating Upgraded by TD Cowen
• Negative Sentiment: Valuation and leverage are limiting near-term upside. Coverage highlights Bloom’s premium earnings multiple and high debt, leaving the stock vulnerable to profit-taking if earnings or guidance disappoint despite the AI opportunity. Bloom Energy Crosses Key SMAs: Should Investors Buy the Stock Now?

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.