Bloom Energy (NYSE:BE) Trading Down 1.8% – Should You Sell?

Bloom Energy Corporation (NYSE:BE) dropped 1.8% on Friday . The company traded as low as $301.85 and last traded at $302.2590. Approximately 9,302,385 shares were traded during trading, a decline of 17% from the average daily volume of 11,182,891 shares. The stock had previously closed at $307.88.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy’s partnership with Nebius to power AI data centers is being seen as a major growth catalyst, with the deal reinforcing demand for its fuel-cell systems in the expanding AI infrastructure buildout. Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
• Positive Sentiment: Follow-up coverage highlighted Bloom Energy as one of the smartest long-term energy bets during the AI and energy boom, which may be keeping bullish investor sentiment elevated. 2 Energy Stocks That Are the Smartest Long-Term Buys During the Energy Boom
• Neutral Sentiment: Some commentary suggests the stock’s rapid run may have pushed it ahead of fundamentals, which could encourage profit-taking or volatility after the sharp rally. Bloom Energy’s Rally May Have Pushed the Stock Too Far
• Negative Sentiment: Heavy put option activity on Thursday suggests some traders are hedging against a pullback in Bloom Energy shares after the recent surge.

Wall Street Analysts Forecast Growth

BE has been the topic of a number of recent analyst reports. TD Cowen lifted their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Citigroup lifted their price objective on shares of Bloom Energy to $281.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. BMO Capital Markets lifted their price objective on shares of Bloom Energy to $149.00 and gave the company a “market perform” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. lifted their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $310.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and an average target price of $217.48.

Bloom Energy Trading Down 1.8%

The business has a fifty day moving average of $204.10 and a 200-day moving average of $153.68. The stock has a market capitalization of $85.97 billion, a price-to-earnings ratio of -6,043.97 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s revenue was up 130.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insider Transactions at Bloom Energy

In related news, insider Aman Joshi sold 19,944 shares of Bloom Energy stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.85, for a total value of $3,088,328.40. Following the transaction, the insider owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. This trade represents a 9.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the transaction, the director directly owned 108,524 shares in the company, valued at $28,971,567.04. This represents a 18.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 525,271 shares of company stock worth $99,167,479 in the last three months. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Bloom Energy by 6.3% in the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after purchasing an additional 1,240,819 shares in the last quarter. Geode Capital Management LLC increased its stake in Bloom Energy by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares in the last quarter. Graticule Asia Macro Advisors LLC acquired a new stake in Bloom Energy during the 3rd quarter worth about $402,494,000. Brooklands Fund Management Ltd acquired a new stake in Bloom Energy during the 4th quarter worth about $347,560,000. Finally, Trivest Advisors Ltd boosted its position in Bloom Energy by 1,461.6% during the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after acquiring an additional 3,201,000 shares during the period. 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.