Bloom Energy (NYSE:BE) Trading Down 2.1% – Here’s Why

Bloom Energy Corporation (NYSE:BE) shares were down 2.1% during trading on Thursday . The stock traded as low as $202.27 and last traded at $209.2610. Approximately 8,868,616 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 11,469,890 shares. The stock had previously closed at $213.84.

More Bloom Energy News

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

• Positive Sentiment: Oracle framework could unlock large, multi-year demand for Bloom’s fuel cells (up to 2.8 GW) and validates Bloom as an AI/datacenter power supplier — a major catalyst for re-rating the company. Read More.
• Positive Sentiment: JPMorgan raised its price target to $231, signaling institutional conviction that the Oracle deal and data-center demand justify higher valuation assumptions. Read More.
• Positive Sentiment: Sector tailwinds — rising global clean-energy spending and battery/storage demand — support longer-term growth prospects for Bloom’s stationary power business and potential demand beyond Oracle. Read More.
• Positive Sentiment: Technical momentum: BE moved above its 50- and 200-day SMAs after a multi-week rally, attracting momentum traders and amplifying short-term upside. Read More.
• Neutral Sentiment: Short-term pullback/profit-taking: After the headline-driven surge, the stock has seen intraday and overnight weakness as traders lock gains; this is a common sharp-volatility pattern around big corporate news. Read More.
• Negative Sentiment: Some sell-side firms trimmed price targets ahead of Q1, reflecting caution around execution, margins, or the pace of commercial deployments — a headwind to near-term sentiment. Read More.
• Negative Sentiment: Macro/rotation risk: News of a potential Middle East ceasefire triggered a market shift away from defensive and energy-exposed names, pressuring Bloom alongside the broader energy sector. Read More.
• Negative Sentiment: Analyst/commentary warnings about an ‘overreaction’ and mean-reversion risks highlight downside if Oracle volume/timing or other large-customer wins fall short of investor expectations. Read More.

Wall Street Analyst Weigh In

Several analysts have commented on BE shares. Roth Mkm restated a “neutral” rating on shares of Bloom Energy in a report on Tuesday. UBS Group restated a “cautious” rating and issued a $155.00 price target on shares of Bloom Energy in a report on Tuesday. Barclays started coverage on Bloom Energy in a report on Wednesday, January 28th. They set an “equal weight” rating and a $153.00 target price for the company. Susquehanna decreased their target price on Bloom Energy to $173.00 and set a “positive” rating for the company in a report on Thursday, April 9th. Finally, Truist Financial set a $68.00 target price on Bloom Energy in a report on Friday, January 9th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $144.27.

Bloom Energy Stock Down 2.1%

The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. The firm has a market cap of $58.71 billion, a PE ratio of -550.69, a PEG ratio of 8.92 and a beta of 3.18. The stock has a fifty day moving average price of $152.90 and a 200-day moving average price of $126.93.

Bloom Energy (NYSE:BE) last issued its earnings results on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The business had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. During the same quarter in the previous year, the business earned $0.43 EPS. The company’s revenue for the quarter was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Research analysts expect that Bloom Energy Corporation will post -0.23 EPS for the current year.

Insider Buying and Selling

In related news, insider Aman Joshi sold 19,944 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. The trade was a 9.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Satish Chitoori sold 18,964 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $154.45, for a total value of $2,928,989.80. Following the transaction, the insider directly owned 232,365 shares in the company, valued at $35,888,774.25. This trade represents a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 380,092 shares of company stock valued at $62,724,725. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. WPG Advisers LLC lifted its holdings in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Orion Capital Management LLC lifted its holdings in shares of Bloom Energy by 0.7% during the fourth quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock valued at $1,050,000 after purchasing an additional 83 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of Bloom Energy by 1.5% during the fourth quarter. Ritholtz Wealth Management now owns 5,765 shares of the company’s stock valued at $501,000 after purchasing an additional 87 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Bloom Energy by 7.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,295 shares of the company’s stock valued at $113,000 after purchasing an additional 88 shares during the last quarter. Finally, Reliant Investment Management LLC lifted its holdings in shares of Bloom Energy by 3.6% during the fourth quarter. Reliant Investment Management LLC now owns 2,556 shares of the company’s stock valued at $222,000 after purchasing an additional 90 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

About Bloom Energy

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.