Bloom Energy (NYSE:BE) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Bloom Energy (NYSE:BE) had its price target lowered by JPMorgan Chase & Co. from $314.00 to $292.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other analysts have also recently weighed in on BE. KeyCorp reiterated a “sector weight” rating on shares of Bloom Energy in a research report on Friday. UBS Group boosted their price objective on Bloom Energy from $325.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. Wells Fargo & Company lowered their price objective on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Evercore restated an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Finally, Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research report on Sunday, September 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.36.

Bloom Energy Trading Down 0.4%

Bloom Energy stock opened at $192.52 on Friday. Bloom Energy has a 1 year low of $75.70 and a 1 year high of $351.28. The firm’s 50-day moving average is $248.71 and its 200-day moving average is $249.97. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. The company has a market cap of $56.70 billion, a P/E ratio of 118.11, a PEG ratio of 2.50 and a beta of 3.77.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.25. The business 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 for the quarter 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 expect that Bloom Energy will post 2.04 earnings per share for the current year.

Insider Activity at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,295 shares of Bloom Energy stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total transaction of $616,023.90. Following the sale, the chief accounting officer owned 77,391 shares of the company’s stock, valued at $20,773,292.22. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,870 shares of Bloom Energy stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $270.07, for a total value of $775,100.90. Following the sale, the insider directly owned 126,500 shares in the company, valued at $34,163,855. The trade was a 2.22% 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 90 days, insiders have sold 89,698 shares of company stock valued at $21,780,758. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BE. Apollon Wealth Management LLC increased its holdings in shares of Bloom Energy by 2.6% during the third quarter. Apollon Wealth Management LLC now owns 53,902 shares of the company’s stock valued at $14,930,000 after purchasing an additional 1,373 shares during the period. Purewater Capital LLC acquired a new stake in Bloom Energy in the third quarter worth about $5,696,000. Bradley & Co. Private Wealth Management LLC acquired a new stake in Bloom Energy in the third quarter worth about $42,000. Kingswood Wealth Advisors LLC lifted its holdings in Bloom Energy by 11.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 21,909 shares of the company’s stock worth $6,068,000 after purchasing an additional 2,237 shares during the period. Finally, Straight Path Wealth Management grew its position in Bloom Energy by 112.7% in the 3rd quarter. Straight Path Wealth Management now owns 11,701 shares of the company’s stock valued at $3,241,000 after buying an additional 6,201 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

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.

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.