Bloom Energy (NYSE:BE) Earns "Market Perform" Rating from Sanford C. Bernstein

Bloom Energy (NYSE:BE - Get Free Report)'s stock had its "market perform" rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued on Wednesday, Benzinga reports. They presently have a $282.00 price objective on the stock. Sanford C. Bernstein's price target indicates a potential downside of 4.83% from the company's current price.

BE has been the topic of a number of other research reports. Robert W. Baird reiterated an "outperform" rating and issued a $310.00 price target on shares of Bloom Energy in a research note on Thursday, July 9th. Susquehanna upped their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a "positive" rating in a research note on Friday, July 10th. Citigroup reiterated a "hold" rating on shares of Bloom Energy in a research note on Thursday, July 16th. JPMorgan Chase & Co. dropped their price target on shares of Bloom Energy from $346.00 to $314.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 29th. Finally, TD Cowen upgraded shares of Bloom Energy to a "hold" rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.18.

Bloom Energy Stock Up 3.4%

NYSE:BE opened at $296.30 on Wednesday. The firm's 50-day moving average price is $242.11 and its 200-day moving average price is $240.46. The company has a market capitalization of $87.27 billion, a PE ratio of 395.07, a P/E/G ratio of 3.66 and a beta of 3.77. 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 has a 1-year low of $75.70 and a 1-year high of $351.28.

Bloom Energy (NYSE:BE - Get Free Report) last announced 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. The company had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. Bloom Energy's revenue was up 165.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities analysts predict that Bloom Energy will post 2.06 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director John Chambers sold 15,000 shares of the company's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the transaction, the director owned 208,333 shares in the company, valued at approximately $52,083,250. This represents a 6.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Soderberg sold 2,895 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the transaction, the insider owned 129,370 shares in the company, valued at $30,220,832. This represents a 2.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brooklands Fund Management Ltd purchased a new stake in Bloom Energy in the 4th quarter worth approximately $347,560,000. Jennison Associates LLC grew its holdings in Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company's stock valued at $364,066,000 after buying an additional 2,673,710 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Bloom Energy during the 2nd quarter valued at approximately $296,413,000. Polar Capital Holdings Plc purchased a new stake in Bloom Energy during the 4th quarter valued at approximately $76,234,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Bloom Energy by 78.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company's stock valued at $401,849,000 after buying an additional 583,135 shares in the last quarter. Institutional investors own 77.04% of the company's stock.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: AI power demand is the main catalyst. Morgan Stanley reportedly sees Bloom as a potential beneficiary of a projected 77-gigawatt data-center power shortfall, with its ability to provide electricity faster than traditional grid connections viewed as a competitive advantage. Morgan Stanley sees Bloom Energy as a winner amid 77 GW shortfall for data centers
• Positive Sentiment: Manufacturing capacity is being expanded. Bloom purchased a roughly 158,000-square-foot facility in Fremont, California, signaling that management is preparing for stronger demand for its energy systems. Investors interpreted the move as evidence that customer activity and order potential may be accelerating. Bloom Energy Is Building Like Demand Is About to Explode
• Positive Sentiment: High-profile attention is supporting the narrative. Jim Cramer called Bloom a favorite AI power play, emphasizing that data-center operators may use the company’s technology to reduce dependence on constrained utility grids. Broader spending on AI infrastructure, grid equipment and data centers also lifted related stocks. Jim Cramer Says This Stock is His Favorite AI Power Play
• Neutral Sentiment: TD Cowen upgraded BE to “Hold.” The change provides some support but does not represent a bullish recommendation. Bloom Energy Stock Rating Upgraded by TD Cowen
• Negative Sentiment: Valuation and volatility remain risks. With a price-to-earnings ratio near 395, a PEG ratio of 3.66 and a beta of 3.77, BE is priced for substantial growth and may remain sensitive to AI-sector selloffs, execution issues or delays in data-center projects.

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.