Bloom Energy’s (BE) Market Perform Rating Reiterated at Sanford C. Bernstein

Sanford C. Bernstein reiterated their market perform rating on shares of Bloom Energy (NYSE:BE) in a report issued on Wednesday, MarketBeat Ratings reports. The firm currently has a $282.00 price target on the stock.

Several other brokerages also recently commented on BE. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, July 21st. Citigroup reiterated a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. BTIG Research restated a “buy” rating and issued a $295.00 target price on shares of Bloom Energy in a research note on Wednesday, July 29th. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group raised their price target on Bloom Energy from $229.00 to $264.00 and gave the company a “hold” rating in a report on Tuesday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Bloom Energy currently has an average rating of “Moderate Buy” and an average price target of $258.32.

Bloom Energy Stock Up 2.7%

Bloom Energy stock opened at $280.16 on Wednesday. The firm has a 50 day simple moving average of $247.46 and a 200 day simple moving average of $242.47. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. Bloom Energy has a 1-year low of $75.70 and a 1-year high of $351.28. The firm has a market capitalization of $82.52 billion, a price-to-earnings ratio of 373.55, a P/E/G ratio of 3.51 and a beta of 3.77.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The business’s quarterly revenue was up 165.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts predict that Bloom Energy will post 2.04 earnings per share for the current year.

Insider Activity

In other news, insider Shawn Soderberg sold 2,870 shares of Bloom Energy stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $270.07, for a total transaction of $775,100.90. Following the completion of the sale, the insider directly owned 126,500 shares of the company’s stock, valued at approximately $34,163,855. The trade was a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey Immelt sold 30,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 89,698 shares of company stock worth $21,780,758. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

Institutional investors have recently modified their holdings of the company. Oak Grove Capital LLC raised its holdings in shares of Bloom Energy by 85.0% during the 3rd quarter. Oak Grove Capital LLC now owns 7,400 shares of the company’s stock valued at $2,050,000 after buying an additional 3,400 shares in the last quarter. Castle Rock Wealth Management LLC raised its stake in shares of Bloom Energy by 75.6% during the third quarter. Castle Rock Wealth Management LLC now owns 2,290 shares of the company’s stock worth $677,000 after acquiring an additional 986 shares in the last quarter. Wedmont Private Capital bought a new stake in shares of Bloom Energy in the 3rd quarter worth approximately $772,000. Cadent Capital Advisors LLC lifted its holdings in shares of Bloom Energy by 18.7% in the 3rd quarter. Cadent Capital Advisors LLC now owns 8,691 shares of the company’s stock worth $2,407,000 after acquiring an additional 1,371 shares during the last quarter. Finally, Dakota Community Bank & Trust NA boosted its stake in shares of Bloom Energy by 172.1% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 721 shares of the company’s stock valued at $200,000 after purchasing an additional 456 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy’s fuel-cell systems are benefiting from growing demand among AI data centers seeking on-site power generation. Management had discussed this opportunity before the stock’s major rally, which has reflected expectations for a broader power-infrastructure buildout. What Did Bloom Energy Stock Investors Miss Before The Run?
• Positive Sentiment: The company’s second-quarter results showed a sharp improvement, with approximately $196 million in profit versus a loss of about $43 million a year earlier. Bloom also reported strong revenue growth and earnings above consensus in the latest results. Can Bloom Energy Stay Profitable as It Doubles in Size?
• Positive Sentiment: UBS raised its price target for Bloom Energy to $350, signaling that at least one major analyst sees additional upside despite recent selling across fuel-cell and hydrogen stocks. Bloom Energy Tumbles 8% Even as UBS Lifts Its Price Target to $350
• Neutral Sentiment: Executives are scheduled to discuss opportunities created by the AI-infrastructure boom at TechCrunch Disrupt, keeping investor attention focused on potential data-center deployments and power demand. Bloom Energy Executives Discuss AI Infrastructure Opportunities
• Negative Sentiment: Bernstein reiterated a “Market Perform” rating with a $282 price target, indicating limited upside or potential downside from recent levels. The cautious stance follows a sharp prior decline and broader weakness in fuel-cell and hydrogen names. Bernstein Rating on Bloom Energy
• Negative Sentiment: Investors are questioning whether Bloom can remain profitable as it rapidly expands. A $37.4 million tariff refund boosted second-quarter gross margin, making the quality and repeatability of recent earnings a key concern. Can Bloom Energy Stay Profitable as It Doubles in Size?

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.