Bloom Energy (NYSE:BE) Hits New 52-Week High - Time to Buy?

Key Points

• 52-week high: Bloom Energy reached a new 52-week high of $302.99 (last near $288) and carries a market cap of about $80.8 billion with a high beta (3.82), indicating elevated volatility.
• Strong quarterly beat — EPS $0.44 vs. $0.12 expected and revenue $751.05M vs. $539.94M (up 130% YoY) — and the company set FY2026 guidance of $1.85–2.25 EPS.
• Analysts are mixed but rate Bloom a Moderate Buy with an average target of $213.81 (range roughly $68–$310), while insiders sold roughly 490,092 shares (~$88.3M) in the last quarter.

Bloom Energy Corporation (NYSE:BE - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $302.99 and last traded at $288.1130, with a volume of 9885668 shares trading hands. The stock had previously closed at $290.52.

Wall Street Analyst Weigh In

Several research firms have commented on BE. Jefferies Financial Group upgraded Bloom Energy from an "underperform" rating to a "hold" rating and set a $187.00 target price on the stock in a research note on Tuesday, April 14th. Truist Financial set a $68.00 target price on Bloom Energy in a research note on Friday, January 9th. Morgan Stanley restated an "overweight" rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Robert W. Baird boosted their target price on Bloom Energy to $242.00 and gave the company an "outperform" rating in a research note on Wednesday, April 22nd. Finally, UBS Group upped their price objective on Bloom Energy to $251.00 and gave the stock a "buy" rating in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy has an average rating of "Moderate Buy" and a consensus target price of $213.81.

Bloom Energy Trading Down 0.8%

The business has a 50 day moving average of $172.25 and a two-hundred day moving average of $138.39. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm has a market cap of $80.83 billion, a P/E ratio of -5,761.11 and a beta of 3.82.

Bloom Energy (NYSE:BE - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million for the quarter, compared to analysts' expectations of $539.94 million. During the same quarter in the prior year, the business earned $0.03 EPS. The firm's revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts predict that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 10,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $135.88, for a total value of $1,358,800.00. Following the sale, the insider owned 180,521 shares in the company, valued at approximately $24,529,193.48. This represents a 5.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total value of $9,765,000.00. Following the completion of the sale, the insider owned 341,731 shares in the company, valued at approximately $95,342,949. This trade represents a 9.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 490,092 shares of company stock worth $88,329,475 in the last quarter. Insiders own 3.00% of the company's stock.

Institutional Investors Weigh In On Bloom Energy

A number of large investors have recently added to or reduced their stakes in the business. Graticule Asia Macro Advisors LLC acquired a new position in Bloom Energy in the 3rd quarter valued at $402,494,000. Brooklands Fund Management Ltd acquired a new position in Bloom Energy in the 4th quarter valued at $347,560,000. Trivest Advisors Ltd grew its holdings in Bloom Energy by 1,461.6% in the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company's stock valued at $289,229,000 after buying an additional 3,201,000 shares in the last quarter. Norges Bank acquired a new position in Bloom Energy in the 4th quarter valued at $239,683,000. Finally, Amundi grew its holdings in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company's stock valued at $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Institutional investors own 77.04% of the company's stock.

Bloom Energy Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.