Bloom Energy (NYSE:BE) Stock Keeps “Outperform” Rating at Royal Bank Of Canada

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a research report issued on Friday, Benzinga reports. They currently have a $335.00 target price on the stock. Royal Bank Of Canada‘s target price would suggest a potential upside of 64.29% from the stock’s current price.

BE has been the subject of several other research reports. Truist Financial raised their target price on Bloom Energy from $218.00 to $240.00 and gave the stock a “hold” rating in a research report on Friday, October 16th. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research report on Sunday, September 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Monday, October 19th. Roth Capital set a $230.00 target price on Bloom Energy in a research report on Friday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $260.00 target price on shares of Bloom Energy in a research report on Wednesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned 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, the company currently has an average rating of “Moderate Buy” and an average target price of $259.00.

Bloom Energy Trading Up 5.5%

NYSE BE traded up $10.61 on Friday, hitting $203.91. 21,017,931 shares of the company were exchanged, compared to its average volume of 13,203,741. The company’s 50 day moving average price is $248.71 and its 200-day moving average price is $249.97. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. The firm has a market capitalization of $60.06 billion, a P/E ratio of 125.10, a price-to-earnings-growth ratio of 2.50 and a beta of 3.77. Bloom Energy has a twelve month low of $75.70 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE) last issued its earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.69 by $0.25. The business 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%. Bloom Energy’s revenue was up 138.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.15 earnings per share. Analysts predict that Bloom Energy will post 2.04 earnings per share for the current fiscal year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction that occurred 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 transaction, the insider owned 129,370 shares in the company, valued at approximately $30,220,832. This represents a 2.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,870 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the transaction, the insider owned 202,494 shares in the company, valued at approximately $54,685,529.64. This represents a 1.40% 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. In the last quarter, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

Institutional investors have recently made changes to their positions in the company. Continuum Advisory LLC acquired a new stake in shares of Bloom Energy during the 2nd quarter valued at about $25,000. Trifecta Capital Advisors LLC acquired a new position in shares of Bloom Energy during the 3rd quarter worth $26,000. MJT & Associates Financial Advisory Group Inc. increased 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 worth $34,000 after purchasing an additional 37 shares during the last quarter. Markowski Investments acquired a new position in shares of Bloom Energy during the 2nd quarter worth $37,000. Finally, Ramsey Quantitative Systems acquired a new position in shares of Bloom Energy during the 3rd quarter worth $36,000. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Key Bloom Energy News

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

• Positive Sentiment: Barclays raised its price target for Bloom Energy to $316 from $308, helping restore confidence after the earnings-related decline. The broader rally in AI power stocks also supported BE. Bloom Energy Soars 7% on Barclays Price Target Hike After Post-Earnings Rout
• Positive Sentiment: Investors continue to view Bloom’s solid-oxide fuel cells as a potential solution for data centers that need power faster than traditional grid connections can provide. Rising AI-related electricity demand is reinforcing the company’s growth narrative. Where Will Bloom Energy Stock Be in 5 Years?
• Positive Sentiment: Bloom’s latest quarterly results substantially exceeded expectations: revenue rose 138% year over year to $1.24 billion, while earnings reached $0.94 per share versus a $0.69 consensus estimate. Operating margins also expanded, and the company raised full-year guidance. Bloom Energy Corporation 2026 Q3 Results

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.