Bloom Energy (NYSE:BE) Shares Gap Up – Should You Buy?

Shares of Bloom Energy Corporation (NYSE:BE) gapped up prior to trading on Wednesday. The stock had previously closed at $222.65, but opened at $235.36. Bloom Energy shares last traded at $234.4550, with a volume of 2,254,198 shares changing hands.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: An analyst upgrade provided a positive catalyst, suggesting improved confidence in Bloom Energy’s outlook. Bloom Energy Shares Climb After Analyst Upgrade
• Positive Sentiment: Demand for Bloom Energy’s solid oxide fuel cells is increasing among AI and cloud data centers. Projects involving Oracle and Google, along with a growing backlog, support the company’s long-term growth case and have helped it move into positive free cash flow. AI Data Center Deals and Bloom Energy
• Positive Sentiment: Management has raised its 2026 revenue forecast twice, now targeting $3.9 billion to $4.2 billion. Analysts reportedly expect third-quarter revenue of approximately $1.06 billion and adjusted EPS of $0.70, representing substantial year-over-year growth. Bloom Energy Before Its Earnings Report
• Neutral Sentiment: Third-quarter earnings are the immediate focus. Investors will evaluate revenue growth, profitability, cash flow, backlog and the company’s ability to convert AI data-center agreements into delivered sales. Bloom Energy Q3 Earnings Preview
• Neutral Sentiment: Bloom Energy is being compared with Vistra and Oracle as investors assess which companies are best positioned for the AI infrastructure build-out. The comparisons highlight BE’s specialized onsite-power opportunity but also its narrower business model. Bloom Energy Versus Vistra
• Negative Sentiment: Shares are about 36% below their June peak, reflecting increased caution ahead of earnings and a sharp volatility risk if results or guidance disappoint. Bloom Energy Volatility Ahead of Q3 Earnings
• Negative Sentiment: Bloom Energy trades at a premium valuation, making strong execution on AI data-center deals essential. Any slowdown in demand, weaker margins or limited progress against expectations could pressure the stock. Bloom Energy Valuation and AI Data Center Deals

Wall Street Analysts Forecast Growth

BE has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. TD Cowen raised Bloom Energy to a “hold” rating in a research report on Monday, October 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $282.00 price objective on shares of Bloom Energy in a research note on Wednesday, October 7th. Wells Fargo & Company reduced 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. Finally, Roth Capital reaffirmed a “neutral” rating and set a $260.00 target price on shares of Bloom Energy in a research report on Tuesday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $260.05.

Bloom Energy Stock Performance

The firm has a market capitalization of $69.56 billion, a PE ratio of 314.91, a P/E/G ratio of 2.92 and a beta of 3.77. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The company’s fifty day simple moving average is $249.83 and its 200 day simple moving average is $248.26.

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 the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same quarter last year, the company earned $0.10 earnings per share. The company’s revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities research analysts expect that Bloom Energy Corporation will post 2.04 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Jeffrey Immelt sold 30,000 shares of Bloom Energy stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director directly owned 201,243 shares in the company, valued at approximately $48,078,965.13. The trade was a 12.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Satish Chitoori sold 2,870 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the sale, the insider directly owned 202,494 shares in the company, valued at $54,685,529.64. The trade was a 1.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 89,698 shares of company stock worth $21,780,758 in the last three months. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several hedge funds have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Bloom Energy by 78.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after buying an additional 583,135 shares during the period. Jennison Associates LLC grew its stake in shares of Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Bloom Energy by 6.1% in the first quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after buying an additional 126,649 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Bloom Energy in the second quarter worth about $296,413,000. Finally, Elemental Capital Partners LLC increased its holdings in shares of Bloom Energy by 2.5% in the third quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock worth $287,791,000 after buying an additional 25,625 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 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.