Bloom Energy (NYSE:BE) Stock Price Up 10.8% – Should You Buy?

Bloom Energy Corporation (NYSE:BE)’s share price rose 10.8% on Tuesday. The stock traded as high as $302.35 and last traded at $291.1380. Approximately 23,610,923 shares traded hands during mid-day trading, an increase of 81% from the average session volume of 13,015,439 shares. The stock had previously closed at $262.87.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Analyst targets remain supportive. RBC Capital Markets reiterated an Outperform rating and set a $335 price target, citing potential recovery into late 2026. Jefferies also raised its target to $264 from $229, although it retained a Hold rating. RBC analyst article Jefferies price target article
• Positive Sentiment: AI-related electricity demand continues to strengthen the growth narrative. Investors view Bloom’s fuel-cell systems as a potential solution for data centers facing grid constraints. Oracle’s reaffirmation of Project Jupiter helped revive expectations for future Bloom deployments, while the company’s planned factory expansion points to confidence in fuel-cell demand. Oracle Project Jupiter article
• Positive Sentiment: Strong operating momentum and greater visibility are attracting buyers. Bloom recently reported record quarterly revenue of approximately $1.07 billion, up 165.5% year over year, and earnings that exceeded consensus estimates. Its addition to the S&P 500 may also increase institutional awareness and passive-fund demand. S&P 500 inclusion discussion
• Neutral Sentiment: Recent coverage remains broadly bullish but highlights an unusually extended stock. Bloom shares have gained more than 200% this year and substantially outperformed the S&P 500, prompting investors to question whether additional upside is already reflected in the valuation. CEO K.R. Sridhar’s receipt of a 2026 executive leadership award adds reputational support but is unlikely to materially affect near-term fundamentals. Bloom Energy performance article
• Negative Sentiment: Revenue concentration and execution risks could increase volatility. Nearly 90% of the latest quarter’s revenue came from power-equipment sales, raising concerns that results could weaken if large projects are delayed. Oracle’s force majeure notice, linked to a natural-gas pipeline delay at Project Jupiter, also underscores infrastructure and customer-timing risks. With a very high earnings multiple, any slowdown could pressure the shares. Bloom Energy record-quarter analysis Oracle force majeure analysis

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Citigroup reiterated a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Barclays set a $308.00 target price on Bloom Energy in a research note on Thursday. Royal Bank Of Canada reiterated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a research report on Monday. BMO Capital Markets cut their price target on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a report on Wednesday, July 29th. Finally, Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Sunday, September 6th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $257.18.

Bloom Energy Stock Up 1.8%

The business has a fifty day simple moving average of $234.29 and a 200 day simple moving average of $236.76. The firm has a market cap of $83.08 billion, a price-to-earnings ratio of 375.32, a PEG ratio of 3.72 and a beta of 3.80. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same period in the previous year, the company posted $0.10 earnings per share. The business’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 analysts forecast that Bloom Energy Corporation will post 2.06 EPS for the current fiscal year.

Insider Buying and Selling

In other Bloom Energy news, insider Satish Chitoori sold 2,870 shares of Bloom Energy 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 owned 202,494 shares of the company’s stock, valued at $54,685,529.64. The trade was a 1.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the sale, the insider directly owned 129,370 shares of the company’s stock, valued at $30,220,832. The trade was a 2.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 81,261 shares of company stock worth $19,442,275 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Large investors have recently bought and sold shares of the business. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy during the 4th quarter worth approximately $347,560,000. Norges Bank acquired a new stake in shares of Bloom Energy in the fourth quarter valued at approximately $239,683,000. Jennison Associates LLC lifted its position in 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 lifted its position in 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. Finally, Goldman Sachs Group Inc. boosted its stake in Bloom Energy by 63.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,026,245 shares of the company’s stock worth $176,060,000 after buying an additional 783,040 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.