Bloom Energy (NYSE:BE) Given “Outperform” Rating at Royal Bank Of Canada

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a report released on Friday, Benzinga reports. They presently have a $335.00 target price on the stock. Royal Bank Of Canada‘s price objective indicates a potential upside of 74.01% from the company’s current price.

A number of other research firms have also recently weighed in on BE. Citigroup restated a “buy” rating on shares of Bloom Energy in a research report on Friday. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Sunday, September 6th. Mizuho upped their price objective on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research report on Monday, September 14th. UBS Group upped their price objective on shares of Bloom Energy from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Finally, Robert W. Baird upped their price objective on shares of Bloom Energy from $310.00 to $351.00 and gave the stock an “outperform” rating in a research report on Thursday, October 15th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $258.36.

Bloom Energy Stock Performance

Shares of BE traded down $25.25 during trading hours on Friday, hitting $192.52. The stock had a trading volume of 35,859,839 shares, compared to its average volume of 13,164,737. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The firm has a 50-day moving average price of $249.46 and a 200 day moving average price of $249.56. Bloom Energy has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The firm has a market capitalization of $56.70 billion, a price-to-earnings ratio of 256.70, a PEG ratio of 3.08 and a beta of 3.77.

Bloom Energy (NYSE:BE) last posted its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business posted $0.15 EPS. The business’s revenue was up 138.1% compared to the same quarter last year. As a group, research analysts anticipate that Bloom Energy will post 2.04 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other news, CAO Maciej Kurzymski sold 2,295 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total transaction of $616,023.90. Following the completion of the sale, the chief accounting officer owned 77,391 shares of the company’s stock, valued at $20,773,292.22. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,437 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the sale, the insider directly owned 147,092 shares of the company’s stock, valued at $40,769,489.64. The trade was a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 89,698 shares of company stock valued at $21,780,758. 3.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

A number of large investors have recently modified their holdings of the business. Jennison Associates LLC grew its holdings 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 worth $364,066,000 after buying an additional 2,673,710 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Bloom Energy by 6.1% during 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of 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 worth $401,849,000 after buying an additional 583,135 shares in the last quarter. Elemental Capital Partners LLC grew its holdings in shares of Bloom Energy by 2.5% during 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 in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Bloom Energy during the second quarter worth $296,413,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

About Bloom Energy

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.