Bloom Energy (NYSE:BE) Earns Outperform Rating from Royal Bank Of Canada

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank Of Canada in a research report issued on Friday, Benzinga reports. They presently have a $335.00 price objective on the stock. Royal Bank Of Canada‘s price objective suggests a potential upside of 74.01% from the company’s previous close.

A number of other research firms also recently weighed in on BE. BMO Capital Markets restated an “outperform” rating and set a $260.00 price target on shares of Bloom Energy in a report on Wednesday. JPMorgan Chase & Co. lowered their target price on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. KeyCorp reiterated a “sector weight” rating 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, Truist Financial raised their target price on shares of Bloom Energy from $218.00 to $240.00 and gave the company a “hold” rating in a research note on Friday, October 16th. Two research 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 given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $258.73.

Bloom Energy Stock Down 0.4%

BE stock opened at $192.52 on Friday. Bloom Energy has a 12-month low of $75.70 and a 12-month high of $351.28. The company has a quick ratio of 3.08, a current ratio of 3.74 and a debt-to-equity ratio of 1.33. The company 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 company has a 50 day moving average of $248.71 and a two-hundred day moving average of $249.97.

Bloom Energy (NYSE:BE) last released its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The company’s revenue was up 138.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. On average, equities analysts anticipate that Bloom Energy will post 2.04 earnings per share 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 shares were sold at an average price of $270.06, for a total value of $775,072.20. Following the sale, 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 document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey 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 transaction of $7,167,300.00. Following the completion of the sale, the director owned 201,243 shares in the company, valued at $48,078,965.13. This represents a 12.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Bloom Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new stake in Bloom Energy in the 2nd quarter worth $25,000. Trifecta Capital Advisors LLC bought a new position in shares of Bloom Energy during the 3rd quarter worth about $26,000. MJT & Associates Financial Advisory Group Inc. lifted its holdings 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 acquiring an additional 37 shares during the period. Markowski Investments bought a new position in shares of Bloom Energy during the 2nd quarter worth about $37,000. Finally, Ramsey Quantitative Systems bought a new position in shares of Bloom Energy during the 3rd quarter worth about $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: Third-quarter revenue rose approximately 138% year over year to $1.24 billion, exceeding estimates, while earnings and operating margin also beat expectations. Product revenue increased 179%, highlighting significant manufacturing scale and operating leverage. Bloom Energy’s Selloff Misses The Upgrade
• Positive Sentiment: Management raised its 2026 revenue outlook for the third time, now targeting $4.4 billion to $4.6 billion. Backlog expansion, new contracts and demand from data centers needing faster power deployment support the long-term growth case. Bloom Energy Raised Its 2026 Forecast for the Third Time
• Positive Sentiment: RBC reaffirmed an Outperform rating, while Bernstein reportedly forecast substantial appreciation, indicating that some analysts still see meaningful upside after the selloff. RBC Reaffirms Outperform Rating
• Neutral Sentiment: KeyCorp maintained a Sector Weight rating. JPMorgan lowered its price target, reflecting a more cautious view on valuation and near-term execution even as the company’s growth outlook remains strong. KeyCorp Reaffirms Sector Weight Rating
• Negative Sentiment: Operating cash flow was negative $27 million and free cash flow was negative $181 million during a record-profit quarter. Investors are concerned that rapid growth is requiring substantial working capital and may limit the quality of reported earnings. Bloom Energy Prospects and Earnings
• Negative Sentiment: Oracle’s force majeure notice and uncertainty around a major potential order have raised questions about project timing, backlog conversion and customer concentration. Near-term margin headwinds and dilution risk add to investor caution. Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
• Negative Sentiment: The stock’s recent decline followed an analyst downgrade and JPMorgan price-target reduction. With a high valuation, beta and price well below its moving averages, investors appear to be reassessing expectations after a sharp prior rally. Bloom Energy Shares Gap Down After Analyst Downgrade

Bloom Energy Company Profile

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.