Bloom Energy (NYSE:BE) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Bloom Energy from “buy” to “hold,” adding to mixed analyst sentiment. The broader analyst consensus remains “Moderate Buy,” with a target price of $248.05.
• Bloom Energy shares opened at $209.37 after falling 3.9%, while trading at a very high P/E ratio of 279.16 and showing considerable volatility over the past year.
• The company reported stronger-than-expected quarterly results, with EPS of $0.78 versus the $0.39 estimate and revenue of $1.07 billion, up 165.5% year over year. AI data-center demand remains a major growth catalyst, though insiders sold shares worth $22.1 million during the last quarter.

Bloom Energy (NYSE:BE - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.

A number of other brokerages have also weighed in on BE. Weiss Ratings reiterated a "hold (c)" rating on shares of Bloom Energy in a report on Tuesday, July 21st. Truist Financial dropped their price objective on Bloom Energy from $250.00 to $218.00 and set a "hold" rating for the company in a report on Wednesday, July 29th. Wells Fargo & Company cut their target price on Bloom Energy from $217.00 to $176.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 30th. Citigroup reiterated a "hold" rating on shares of Bloom Energy in a report on Thursday, July 16th. Finally, Evercore reissued an "outperform" rating on shares of Bloom Energy in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $248.05.

Bloom Energy Trading Down 3.9%

NYSE BE opened at $209.37 on Friday. The company has a market cap of $61.67 billion, a P/E ratio of 279.16, a P/E/G ratio of 2.98 and a beta of 3.79. Bloom Energy has a 12 month low of $48.87 and a 12 month high of $351.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The company has a 50-day moving average of $235.51 and a 200-day moving average of $219.07.

Bloom Energy (NYSE:BE - Get Free Report) last released 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. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $826.13 million. During the same period last year, the company earned $0.10 earnings per share. The company's quarterly 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 predict that Bloom Energy will post 1.92 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 4,677 shares of the company's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $241.75, for a total value of $1,130,664.75. Following the completion of the transaction, the insider owned 159,130 shares in the company, valued at $38,469,677.50. This represents a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,895 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the completion of the sale, the insider directly owned 129,370 shares of the company's stock, valued at $30,220,832. This trade represents 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. In the last quarter, insiders sold 89,464 shares of company stock worth $22,131,255. Insiders own 3.00% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Bayforest Capital Ltd acquired a new stake in Bloom Energy during the 1st quarter valued at $2,055,000. AQR Capital Management LLC acquired a new position in Bloom Energy in the 1st quarter worth $1,820,000. NewEdge Advisors LLC lifted its holdings in Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company's stock worth $37,000 after buying an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Bloom Energy by 50.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company's stock valued at $49,127,000 after buying an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in Bloom Energy by 30.7% in the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company's stock valued at $394,000 after buying an additional 4,716 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

Key Bloom Energy News

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

• Positive Sentiment: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy's Backlog Will Top $50 Billion Before Year's End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

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.

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