Royal Bank Of Canada Reaffirms Outperform Rating for Bloom Energy (NYSE:BE)

Bloom Energy (NYSE:BE)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $335.00 price objective on the stock. Royal Bank Of Canada‘s target price would suggest a potential upside of 72.35% from the company’s current price.

Other research analysts have also issued research reports about the company. BTIG Research reduced their target price on Bloom Energy from $295.00 to $250.00 and set a “buy” rating for the company in a report on Friday. Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a research report on Friday. Barclays boosted their price objective on Bloom Energy from $276.00 to $308.00 and gave the company an “equal weight” rating in a research report on Thursday, October 1st. BMO Capital Markets reissued an “outperform” rating and set a $260.00 target price on shares of Bloom Energy in a research note on Wednesday. Finally, Wells Fargo & Company lowered their price objective on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.36.

Bloom Energy Stock Down 10.7%

Shares of BE traded down $23.40 during trading hours on Friday, reaching $194.37. The stock had a trading volume of 32,280,962 shares, compared to its average volume of 13,143,062. Bloom Energy has a 12 month low of $75.70 and a 12 month high of $351.28. The firm has a 50-day simple moving average of $249.46 and a 200 day simple moving average of $249.56. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $57.25 billion, a price-to-earnings ratio of 259.16, a P/E/G ratio of 3.08 and a beta of 3.77.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the business earned $0.15 EPS. The business’s revenue was up 138.1% on a year-over-year basis. Equities research analysts predict that Bloom Energy will post 2.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other news, insider Shawn Soderberg sold 2,895 shares of Bloom Energy stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares in the company, valued at approximately $40,769,489.64. This represents a 5.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 89,698 shares of company stock worth $21,780,758 over the last three months. 3.00% of the stock is owned by company insiders.

Institutional Trading of Bloom Energy

Large investors have recently added to or reduced their stakes in the company. Montanova Capital LLC purchased a new stake in shares of Bloom Energy in the second quarter worth about $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Bloom Energy by 78.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after purchasing an additional 583,135 shares in the last quarter. Militia Capital Management LLC purchased a new position in shares of Bloom Energy in the first quarter valued at approximately $813,000. Assenagon Asset Management S.A. boosted its stake in Bloom Energy by 3,398.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock worth $72,611,000 after purchasing an additional 233,020 shares during the last quarter. Finally, Zweig DiMenna Associates LLC purchased a new position in Bloom Energy during the first quarter worth approximately $8,468,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Strong product sales, improved margins and demand from hyperscalers supported the results. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: The company raised its 2026 outlook for the third time this year, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above Wall Street expectations. Backlog growth is reportedly outpacing revenue growth. Bloom Energy Q3 Earnings: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts remain constructive: JPMorgan maintained an overweight rating despite lowering its target to $292, while RBC reaffirmed outperform with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Management said its opportunity extends beyond AI data centers, with on-site power demand potentially increasing across broader electricity and industrial markets. However, the stock’s elevated valuation leaves little room for execution missteps.
• Negative Sentiment: Operating cash flow was negative, with reports citing roughly $180 million in net cash outflow during the quarter. Investors are concerned that manufacturing expansion and other capital spending could consume substantial cash before the expected growth translates into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: After a major rally tied to the AI power trade, investors appear to be locking in gains and reassessing whether projected data-center demand justifies Bloom Energy’s high valuation. Broader weakness in AI-linked stocks added to the pressure.

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.