Bloom Energy (NYSE:BE) Shares Up 7.2% on Analyst Upgrade

Bloom Energy Corporation (NYSE:BE) was up 7.2% during mid-day trading on Tuesday after Wells Fargo & Company raised their price target on the stock from $176.00 to $182.00. Wells Fargo & Company currently has an equal weight rating on the stock. Bloom Energy traded as high as $224.17 and last traded at $218.6320. Approximately 15,559,455 shares were traded during trading, an increase of 18% from the average daily volume of 13,215,696 shares. The stock had previously closed at $203.92.

BE has been the topic of a number of other reports. Sanford C. Bernstein raised their target price on Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a research note on Friday. TD Cowen upgraded shares of Bloom Energy to a “hold” rating in a research report on Monday, October 5th. KeyCorp reaffirmed a “sector weight” rating on shares of Bloom Energy in a research note on Friday. Roth Capital set a $230.00 price objective on shares of Bloom Energy in a report on Friday. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $242.00 price target on shares of Bloom Energy in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Bloom Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.00.

Insiders Place Their Bets

In other Bloom Energy news, Director John T. Chambers sold 15,000 shares of Bloom Energy stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the completion of the transaction, the director directly owned 208,333 shares of the company’s stock, valued at approximately $52,083,250. This trade represents a 6.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Aman Joshi sold 8,437 shares of the company’s stock in a transaction dated 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 in the company, valued at $40,769,489.64. This represents a 5.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 89,698 shares of company stock valued at $21,780,758 in the last ninety days. 3.00% of the stock is currently owned by insiders.

Bloom Energy News Summary

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

• Positive Sentiment: Raised 2026 guidance: Bloom increased its outlook, reinforcing confidence in strong demand and execution. BMO reportedly set a $260 price target, while Barclays raised its target to $316 from $308. Bloom Energy raises 2026 guidance
• Positive Sentiment: AI power demand remains a major catalyst: Investors continue to view Bloom as a potential beneficiary of rapidly increasing electricity consumption from data centers and artificial-intelligence infrastructure. Bloom Energy Stock and Other Big Winners From AI’s Monstrous Energy Consumption
• Positive Sentiment: Strong quarterly growth is attracting buyers: Bloom reported revenue of $1.24 billion, up 138% year over year, and exceeded earnings expectations. The broader fuel-cell group is also recovering as the initial post-earnings selling pressure eases. Fuel Cell Stocks Rally as Post-Earnings Selloff Keeps Unwinding
• Neutral Sentiment: Analyst sentiment is mixed: Some analysts raised targets following the earnings report, but Wells Fargo maintained an equal-weight rating and lifted its target only to $182, implying downside from recent trading levels. Wells Fargo raises Bloom Energy price target
• Negative Sentiment: Cash-flow concerns drove the original selloff: Despite record profitability and strong revenue growth, negative operating cash flow and potential short-term funding needs have made investors question the quality and sustainability of the earnings. Stock of the Day: Where is the Bottom for Bloom Energy?
• Negative Sentiment: Valuation remains demanding: With a high earnings multiple and the stock still well above some analysts’ targets, investors may continue to sell into rallies if cash-flow improvement does not materialize quickly. Bloom Energy Slumps After Q3: Buy the Dip or Catch a Falling Knife?

Institutional Trading of Bloom Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Generali Asset Management SPA SGR increased its stake in shares of Bloom Energy by 12,621.1% in the 3rd quarter. Generali Asset Management SPA SGR now owns 27,096 shares of the company’s stock valued at $7,505,000 after acquiring an additional 26,883 shares during the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Bloom Energy by 13.6% in the third quarter. Asset Management One Co. Ltd. now owns 117,114 shares of the company’s stock valued at $32,438,000 after purchasing an additional 13,981 shares during the last quarter. Oakworth Capital Inc. bought a new stake in Bloom Energy during the 3rd quarter worth about $35,000. Total Clarity Wealth Management Inc. boosted its position in Bloom Energy by 7.6% during the third quarter. Total Clarity Wealth Management Inc. now owns 3,570 shares of the company’s stock valued at $989,000 after purchasing an additional 253 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Bloom Energy by 44.6% in the third quarter. Oppenheimer & Co. Inc. now owns 38,656 shares of the company’s stock valued at $10,707,000 after buying an additional 11,932 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Bloom Energy Stock Up 7.2%

The firm’s 50 day moving average price is $247.73 and its two-hundred day moving average price is $217.94. The company has a market capitalization of $64.39 billion, a price-to-earnings ratio of 134.13, a price-to-earnings-growth ratio of 2.50 and a beta of 3.77. The company has a current ratio of 3.74, a quick ratio of 3.08 and a debt-to-equity ratio of 1.33.

Bloom Energy (NYSE:BE) last released its quarterly earnings data 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 return on equity of 45.29% and a net margin of 13.53%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the prior year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was up 138.1% compared to the same quarter last year. Sell-side analysts anticipate that Bloom Energy Corporation will post 2.04 earnings per share for the current fiscal year.

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.