Bloom Energy (NYSE:BE) Shares Down 9% – Time to Sell?

Shares of Bloom Energy Corporation (NYSE:BE) fell 9% on Friday . The company traded as low as $252.08 and last traded at $265.0110. 11,370,275 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 11,080,570 shares. The stock had previously closed at $291.37.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy continues to benefit from bullish AI infrastructure demand, including reported large-scale fuel-cell deals tied to data centers and comments that the company may be solving a major power bottleneck for AI growth. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
• Positive Sentiment: Recent commentary also highlighted that Bloom Energy does not expect to need new capital despite the AI boom, which may reduce dilution concerns. Bloom Energy CEO sees no need to raise capital despite AI boom
• Positive Sentiment: UBS reaffirmed a Buy rating, adding to analyst optimism around Bloom Energy’s growth outlook. Is Bloom Energy (BE) One of the Best Renewable Energy Stocks to Buy According to Billionaires?
• Neutral Sentiment: Bloom Energy was mentioned in a technical piece suggesting the stock may be consolidating after a sharp run, which could simply mean it is digesting gains before its next move. Is Bloom Energy Setting Up For Its Next Move?
• Negative Sentiment: Director John Chambers sold 55,000 shares, a move that can raise caution among investors even though he still retains a large position. John Chambers Sells 55,000 Shares of Bloom Energy (NYSE:BE) Stock
• Negative Sentiment: Some traders are also fading recent optimism and taking profits after the stock’s powerful rally, contributing to short-term weakness. What’s Going On With Bloom Energy Stock Thursday?

Analysts Set New Price Targets

A number of brokerages have weighed in on BE. Roth Mkm set a $225.00 price objective on Bloom Energy in a report on Wednesday, April 29th. Robert W. Baird raised their price objective on Bloom Energy to $242.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Morgan Stanley restated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Royal Bank Of Canada raised their price objective on Bloom Energy to $335.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, TD Cowen raised their price objective on Bloom Energy to $235.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Bloom Energy has a consensus rating of “Moderate Buy” and an average price target of $217.48.

Bloom Energy Price Performance

The stock’s 50-day simple moving average is $234.12 and its 200 day simple moving average is $165.91. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The company has a market cap of $75.38 billion, a price-to-earnings ratio of -5,299.16 and a beta of 3.73.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. Bloom Energy’s revenue for the quarter was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Bloom Energy news, Director Mary K. Bush sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the sale, the director directly owned 108,524 shares in the company, valued at $28,971,567.04. This represents a 18.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Satish Chitoori sold 20,000 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the sale, the insider owned 212,365 shares in the company, valued at $43,371,303.95. This trade represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 323,777 shares of company stock valued at $71,485,514 over the last three months. Company insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Bloom Energy by 6.3% during the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after purchasing an additional 1,240,819 shares during the period. Geode Capital Management LLC increased its stake in Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares during the period. Graticule Asia Macro Advisors LLC purchased a new stake in Bloom Energy during the third quarter worth about $402,494,000. Brooklands Fund Management Ltd purchased a new stake in Bloom Energy during the fourth quarter worth about $347,560,000. Finally, Trivest Advisors Ltd increased its stake in Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after purchasing an additional 3,201,000 shares during the period. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Company Profile

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.