Bloom Energy (NYSE:BE) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Bloom Energy (NYSE:BE) from a buy rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

A number of other equities research analysts also recently weighed in on the company. BTIG Research lowered their price target on Bloom Energy from $295.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday. Evercore reaffirmed an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. JPMorgan Chase & Co. cut their price objective on Bloom Energy from $314.00 to $292.00 and set an “overweight” rating for the company in a report on Friday. UBS Group increased their price objective on Bloom Energy from $325.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. Finally, Citigroup reissued a “buy” rating on shares of Bloom Energy in a report on Friday. Two investment 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 given a Sell rating to the company. According to MarketBeat.com, Bloom Energy currently has an average rating of “Moderate Buy” and an average price target of $259.00.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $203.91 on Friday. The company’s fifty day moving average price is $247.73 and its 200-day moving average price is $217.94. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. The firm has a market capitalization of $60.06 billion, a price-to-earnings ratio of 101.20, a PEG ratio of 2.50 and a beta of 3.77. Bloom Energy has a one year low of $75.70 and a one year high of $351.28.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the firm posted $0.15 EPS. The firm’s revenue was up 138.1% compared to the same quarter last year. On average, equities research analysts anticipate that Bloom Energy will post 2.04 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Shawn Soderberg sold 2,895 shares of Bloom Energy stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the transaction, the insider owned 129,370 shares in the company, valued at approximately $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $277.17, for a total value of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This trade represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 89,698 shares of company stock valued at $21,780,758. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Several institutional investors and hedge funds have recently bought and sold shares of BE. Blue Trust Inc. boosted its stake in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the period. Continuum Advisory LLC bought a new position in shares of Bloom Energy in the second quarter worth approximately $25,000. Trifecta Capital Advisors LLC purchased a new position in shares of Bloom Energy in the third quarter worth $26,000. Anchor Investment Management LLC purchased a new position in shares of Bloom Energy in the first quarter worth $27,000. Finally, MJT & Associates Financial Advisory Group Inc. increased its stake in shares of Bloom Energy by 49.3% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after buying an additional 37 shares during the period. 77.04% of the stock is currently owned by institutional investors.

More Bloom Energy News

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

• Positive Sentiment: Barclays raised its price target for Bloom Energy to $316 from $308, helping restore confidence after the earnings-related decline. The broader rally in AI power stocks also supported BE. Bloom Energy Soars 7% on Barclays Price Target Hike After Post-Earnings Rout
• Positive Sentiment: Investors continue to view Bloom’s solid-oxide fuel cells as a potential solution for data centers that need power faster than traditional grid connections can provide. Rising AI-related electricity demand is reinforcing the company’s growth narrative. Where Will Bloom Energy Stock Be in 5 Years?
• Positive Sentiment: Bloom’s latest quarterly results substantially exceeded expectations: revenue rose 138% year over year to $1.24 billion, while earnings reached $0.94 per share versus a $0.69 consensus estimate. Operating margins also expanded, and the company raised full-year guidance. Bloom Energy Corporation 2026 Q3 Results

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.