Bloom Energy (NYSE:BE) Shares Down 4.4% – Time to Sell?

Bloom Energy Corporation (NYSE:BE) shares fell 4.4% during mid-day trading on Tuesday. The stock traded as low as $181.01 and last traded at $185.36. Approximately 13,004,174 shares were traded during trading, a decline of 3% from the average session volume of 13,453,469 shares. The stock had previously closed at $193.88.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom has signed fuel-cell contracts totaling about 1.6 gigawatts, including a 900-megawatt deployment for NTT DATA. It is also expected to supply fuel cells for Google’s planned Wyoming data center, supporting the company’s opportunity to meet rising AI power demand. Why Bloom Energy Stock Popped Today
• Positive Sentiment: Recent results showed revenue up 138% year over year, and Bloom raised its full-year guidance. RBC maintained its Outperform rating and $335 price target, citing potential upside. Bloom Energy Sank on Midterm Fears: Why RBC Sees 68% Upside
• Neutral Sentiment: Some investors argue that on-site fuel cells could benefit if data-center developers face grid constraints or tighter environmental rules. However, these potential advantages depend on projects proceeding and translating into revenue. Bloom Energy Blooming With Huge Electricity Demand
• Negative Sentiment: Investors are selling AI-power and data-center stocks amid concerns about financing, capital constraints and overinvestment. Bloom’s third-quarter free cash flow was negative, adding to questions about the cost and timing of its growth. What Set Off the AI Power Sell-off
• Negative Sentiment: Valuation remains a risk: one analysis said shares traded at more than 60 times the midpoint of projected 2026 adjusted EPS. This leaves the stock vulnerable if growth expectations or data-center investment plans disappoint. Is Bloom Energy Really Worth $200 Right Now?

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on BE shares. BTIG Research cut their price objective on Bloom Energy from $295.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, October 23rd. Jefferies Financial Group reaffirmed a “hold” rating and set a $242.00 target price on shares of Bloom Energy in a research report on Friday, October 23rd. Robert W. Baird increased their price target on Bloom Energy from $310.00 to $351.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Mizuho lifted their price target on shares of Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Finally, Evercore restated an “outperform” rating on shares of Bloom Energy in a research note on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $263.05.

Bloom Energy Stock Performance

The stock has a market cap of $54.80 billion, a P/E ratio of 113.72, a P/E/G ratio of 2.02 and a beta of 3.63. The firm has a 50 day moving average of $245.69 and a two-hundred day moving average of $221.20. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74.

Bloom Energy (NYSE:BE) last issued its quarterly 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. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the business posted $0.15 EPS. The company’s revenue for the quarter was up 138.1% on a year-over-year basis. On average, research analysts predict that Bloom Energy Corporation will post 2.61 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,437 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. The trade was a 5.42% 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, Director John Chambers sold 8,828 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $203.43, for a total transaction of $1,795,880.04. Following the transaction, the director owned 199,505 shares of the company’s stock, valued at approximately $40,585,302.15. The trade was a 4.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 85,859 shares of company stock valued at $20,994,650 in the last 90 days. 3.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bloom Energy

Institutional investors have recently added to or reduced their stakes in the company. Z3 Capital Partners LLC raised its holdings in Bloom Energy by 71.0% in the 3rd quarter. Z3 Capital Partners LLC now owns 2,215 shares of the company’s stock valued at $614,000 after acquiring an additional 920 shares in the last quarter. Public Sector Pension Investment Board acquired a new stake in shares of Bloom Energy during the 3rd quarter worth approximately $13,042,000. Rollins Financial Advisors LLC bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $231,000. Cibc World Market Inc. increased its position in shares of Bloom Energy by 17.7% during the third quarter. Cibc World Market Inc. now owns 45,910 shares of the company’s stock valued at $12,716,000 after purchasing an additional 6,905 shares during the period. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in shares of Bloom Energy in the third quarter valued at $6,370,000. 77.04% of the stock is owned by institutional investors and hedge funds.

Bloom Energy Company Profile

Bloom Energy Corporation develops solid oxide fuel cell technology for on-site electricity generation and hydrogen production. Its Bloom Energy Server systems generate power near the point of use, helping businesses and institutions meet electricity needs and support resilient energy operations. The company also offers solid oxide electrolyzers designed to produce hydrogen. Founded in 2001 by K.R. Sridhar, Bloom Energy is headquartered in San Jose, California. It serves customers in the United States and international markets, including countries in Asia.