Bloom Energy (NYSE:BE) Stock Price Up 4.5% – Still a Buy?

Bloom Energy Corporation (NYSE:BE)’s stock price shot up 4.5% during trading on Tuesday . The company traded as high as $237.45 and last traded at $228.2170. Approximately 18,096,047 shares changed hands during mid-day trading, an increase of 45% from the average session volume of 12,512,595 shares. The stock had previously closed at $218.32.

Key Bloom Energy News

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

• Positive Sentiment: Fremont expansion could strengthen Bloom’s AI-power opportunity. The company is reportedly considering an expansion of its Fremont, California, advanced-manufacturing operations that could create hundreds of jobs. The move would support production capacity as data centers seek reliable onsite power amid constraints on utility-grid expansion. Bloom Energy Fremont expansion article
• Positive Sentiment: Fundamentals and demand expectations remain supportive. Bloom’s latest quarterly results showed $1.07 billion in revenue, up 165.5% year over year, and adjusted earnings of $0.78 per share versus a $0.39 consensus estimate. Coverage continues to highlight accelerating data-center demand, project financing and the potential for Bloom’s fuel-cell systems to address AI infrastructure power shortages. AI data-center demand article
• Neutral Sentiment: Analysts remain generally constructive but valuation is demanding. Bloom has received several buy ratings, while some analysts maintain hold or market-perform views. The consensus price target cited in the coverage is approximately $246, below earlier highs, underscoring expectations for continued volatility after a very large year-to-date rally. Bloom Energy analyst and AI power analysis
• Negative Sentiment: Class-action litigation is the principal near-term overhang. Several law firms are publicizing a securities lawsuit covering purchases from February 27, 2025, through July 8, 2026. The complaint alleges Bloom misled investors by saying it had no China supply-chain exposure while allegedly sourcing scandium through intermediaries connected to China. The allegations remain unproven, but repeated legal notices and a September 28 lead-plaintiff deadline are increasing reputational and headline risk. Bloom Energy securities lawsuit notice
• Negative Sentiment: Recent performance has encouraged profit-taking and risk reduction. Articles note that BE has declined about 20% over the past month despite a sharp seven-day rebound. A director’s sale of 15,000 shares worth roughly $3.08 million may also weigh on sentiment, although he retains a substantial position. Bloom Energy insider sale article

Wall Street Analyst Weigh In

Several research firms have issued reports on BE. Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. BMO Capital Markets lowered their target price on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research note on Wednesday, July 29th. Barclays increased their target price on Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company reduced their price target on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and an average target price of $246.18.

Bloom Energy Price Performance

The stock has a market cap of $65.00 billion, a PE ratio of 304.67 and a beta of 3.79. The business’s 50-day simple moving average is $256.66 and its 200-day simple moving average is $211.55. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. During the same period in the prior year, the business posted $0.10 earnings per share. Bloom Energy’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, research analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,842 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the transaction, the insider directly owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. The trade was a 2.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $205.58, for a total transaction of $3,083,700.00. Following the transaction, the director owned 223,333 shares in the company, valued at $45,912,798.14. This represents a 6.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 108,617 shares of company stock valued at $30,648,609 over the last quarter. 3.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Fortem Financial Group LLC bought a new stake in Bloom Energy in the 4th quarter worth about $369,000. Strs Ohio grew its stake in shares of Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after acquiring an additional 8,200 shares during the period. Norges Bank purchased a new position in shares of Bloom Energy during the fourth quarter valued at approximately $239,683,000. Militia Capital Management LLC purchased a new position in shares of Bloom Energy during the first quarter valued at approximately $813,000. Finally, Zweig DiMenna Associates LLC bought a new position in Bloom Energy during the first quarter valued at approximately $8,468,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

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.