Bloom Energy (NYSE:BE) Price Target Raised to $235.00

Bloom Energy (NYSE:BE) had its target price upped by TD Cowen to $235.00 in a research report sent to investors on Wednesday morning, MarketBeat.com reports. The firm currently has a hold rating on the stock.

BE has been the subject of several other reports. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Mizuho increased their price target on Bloom Energy to $110.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Robert W. Baird increased their price target on Bloom Energy to $242.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Morgan Stanley increased their price target on Bloom Energy to $184.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, Evercore reiterated an “outperform” rating and issued a $179.00 price target on shares of Bloom Energy in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Bloom Energy has an average rating of “Moderate Buy” and an average price target of $205.27.

Bloom Energy Price Performance

NYSE BE traded up $6.71 on Wednesday, hitting $290.07. 9,510,764 shares of the company’s stock were exchanged, compared to its average volume of 10,412,581. The stock has a 50-day moving average of $172.25 and a 200-day moving average of $138.03. The company has a current ratio of 5.03, a quick ratio of 4.95 and a debt-to-equity ratio of 2.90. Bloom Energy has a 52 week low of $16.05 and a 52 week high of $296.50. The stock has a market cap of $81.38 billion, a price-to-earnings ratio of -5,800.32, a P/E/G ratio of 11.45 and a beta of 3.82.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the prior year, the company earned $0.03 earnings per share. The company’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts expect that Bloom Energy will post 0.99 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00. Following the completion of the sale, the insider directly owned 341,731 shares in the company, valued at $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Maciej Kurzymski sold 7,800 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the completion of the sale, the insider owned 84,294 shares of the company’s stock, valued at $12,800,043.90. The trade was a 8.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 490,092 shares of company stock valued at $88,329,475. Company insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Creekmur Asset Management LLC acquired a new stake in Bloom Energy in the third quarter valued at $1,825,000. Meridian Wealth Management LLC acquired a new stake in Bloom Energy in the third quarter valued at $553,000. Udine Wealth Management Inc. increased its holdings in Bloom Energy by 27.8% in the third quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company’s stock valued at $5,325,000 after purchasing an additional 13,684 shares during the period. Straight Path Wealth Management acquired a new stake in Bloom Energy in the third quarter valued at $1,099,000. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in Bloom Energy during the 3rd quarter worth about $1,985,000. 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: Blowout Q1 and upgraded guidance — Bloom reported a large revenue and EPS beat (Q1 revenue far above estimates, EPS swung to profit) and raised FY‑2026 EPS guidance to $1.85–$2.25, which is the primary fundamental driver behind the rally. Bloom Energy Corp (BE) Q1 2026 Earnings Call Highlights
• Positive Sentiment: AI/data-center demand ramp — Multiple reports highlight Bloom’s role as an on‑site power solution for data centers and AI clusters, with the company ramping fuel-cell production and deployments; investors are re‑rating BE as a data‑center power growth play. Bloom Energy May Be Solving AI’s Biggest Power Problem
• Positive Sentiment: Institutional interest and momentum — Reports that Stanley Druckenmiller has built a large position, plus coverage noting BE as one of April’s top industrial performers, are reinforcing momentum and retail/institutional attention. Druckenmiller Made 400% on SanDisk — Now He’s All In on Bloom Energy (BE)
• Positive Sentiment: Technical breakout / all-time highs — Traders are pushing the stock to new highs following the quarter and guidance lift, which attracts momentum buyers and breakout traders. Why Bloom Energy Stock Hit All-Time Highs Today
• Neutral Sentiment: Analyst moves — JPMorgan raised its rating to Overweight and lifted its target (note: the new $267 target is below intraday levels), signaling institutional analyst support but also reflecting mixed views on near‑term upside. JPMorgan price target update
• Negative Sentiment: Valuation and risk — Several analysts and outlets warn valuation is stretched after the surge; BE’s high beta and rapid run from its 52‑week low make it vulnerable to sharp pullbacks if execution or bookings slow. Bloom Energy Is Now a Data Center Stock. Buy Its Shares Now.
• Negative Sentiment: Meme/volatility concerns — Coverage noting a “meme‑stock” dynamic and heavy retail interest suggests sentiment‑driven swings; investors should expect elevated intraday and short‑term volatility. Bloom Energy shares rocket higher by 20%

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.