Bloom Energy (NYSE:BE) Rating Lowered to Hold at Wall Street Zen

Bloom Energy (NYSE:BE) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently commented on the company. Morgan Stanley increased their price objective on Bloom Energy from $310.00 to $335.00 and gave the company an “overweight” rating in a research report on Friday. BMO Capital Markets reissued an “outperform” rating and issued a $260.00 target price on shares of Bloom Energy in a research report on Wednesday. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a research note on Friday. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $242.00 price target on shares of Bloom Energy in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $258.36.

Bloom Energy Stock Down 0.4%

Bloom Energy stock opened at $192.52 on Friday. The firm has a market cap of $56.70 billion, a price-to-earnings ratio of 118.11, a PEG ratio of 2.50 and a beta of 3.77. The stock has a fifty day simple moving average of $248.71 and a two-hundred day simple moving average of $249.97. Bloom Energy has a 12 month low of $75.70 and a 12 month high of $351.28. The company has a current ratio of 3.74, a quick ratio of 3.08 and a debt-to-equity ratio of 1.33.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.25. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company’s revenue was up 138.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 earnings per share. Equities analysts predict that Bloom Energy will post 2.04 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other 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 directly owned 202,494 shares in the company, valued at $54,685,529.64. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares in the company, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by corporate insiders.

Institutional Trading of Bloom Energy

A number of hedge funds have recently bought and sold shares of BE. Continuum Advisory LLC bought a new position in Bloom Energy in the second quarter valued at about $25,000. Trifecta Capital Advisors LLC bought a new stake in shares of Bloom Energy during the 3rd quarter valued at about $26,000. MJT & Associates Financial Advisory Group Inc. grew its stake in shares of Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after purchasing an additional 37 shares during the period. Markowski Investments bought a new stake in shares of Bloom Energy during the 2nd quarter valued at about $37,000. Finally, Ramsey Quantitative Systems purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.