Bloom Energy (NYSE:BE) Shares Down 3.8% - Time to Sell?

Key Points

• Bloom Energy shares fell 3.8% to about $220.18 on heavy volume, reflecting continued volatility after a short-seller report and securities lawsuit allegations concerning supply-chain disclosures.
• The company reported strong quarterly results, with EPS of $0.78 versus $0.39 expected and revenue up 165.5% year over year to $1.07 billion. Its expanded MiTAC partnership and addition to Zacks’ “Strong Buy” list also support its AI-power growth story.
• Analysts maintain a consensus “Moderate Buy” rating with a $246.18 average target, but Bloom’s valuation remains elevated at roughly 294 times earnings, while insider selling and ongoing legal risks add caution.

Bloom Energy Corporation (NYSE:BE - Get Free Report)'s share price fell 3.8% during trading on Friday . The stock traded as low as $212.20 and last traded at $220.1780. Approximately 14,757,068 shares were traded during trading, an increase of 18% from the average session volume of 12,533,529 shares. The stock had previously closed at $228.96.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy announced an expanded partnership with MiTAC Computing Technology to deploy fuel-cell systems for an islanded microgrid supporting AI infrastructure. The agreement reinforces Bloom’s positioning in onsite power for data centers, although financial terms were not disclosed. Bloom Energy Continues to Set the Standard for AI Onsite Power with Expanded MiTAC Partnership
• Positive Sentiment: Bloom Energy was added to Zacks’ Rank #1 “Strong Buy” growth-stock list, providing a favorable analyst-based signal amid the stock’s sharp volatility. Best Growth Stocks to Buy for August 7th
• Neutral Sentiment: Bloom is reportedly considering an expansion of its Fremont, California, advanced-manufacturing operations that could create hundreds of jobs. The move could support future capacity, but details and investment costs remain unclear. Bloom Energy eyes Fremont expansion
• Negative Sentiment: Several law firms are promoting an existing securities class action covering investors who purchased Bloom securities from February 27, 2025, through July 8, 2026. The allegations reportedly center on statements that Bloom had no China supply-chain exposure while allegedly obtaining scandium through intermediaries linked to China. Investors may seek lead-plaintiff status by September 28, 2026. The repeated notices increase negative sentiment and raise potential legal, financial, and reputational risks, although the allegations have not been proven. Robbins LLP Urges BE Stockholders
• Negative Sentiment: Recent commentary highlights a steep pullback over the past month following a short-seller report and the lawsuit filing, suggesting investors remain focused on supply-chain disclosures and elevated valuation risk. Is Bloom Energy Undervalued Following The Lawsuit And Short Seller Report?

Analyst Ratings Changes

BE has been the subject of a number of analyst reports. Clear Str raised Bloom Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 29th. BMO Capital Markets decreased their target price on Bloom Energy from $279.00 to $227.00 and set a "market perform" rating for the company in a research report on Wednesday, July 29th. Citigroup reaffirmed a "hold" rating on shares of Bloom Energy in a research note on Thursday, July 16th. JPMorgan Chase & Co. reduced their price objective 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, Morgan Stanley reaffirmed an "overweight" rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $246.18.

Bloom Energy Stock Performance

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 market cap of $62.63 billion, a price-to-earnings ratio of 293.57, a price-to-earnings-growth ratio of 3.20 and a beta of 3.79. The stock has a 50-day moving average price of $255.43 and a 200 day moving average price of $212.11.

Bloom Energy (NYSE:BE - Get Free Report) last posted its 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. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $826.13 million. During the same period in the prior year, the business earned $0.10 EPS. Bloom Energy's revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts anticipate that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Maciej Kurzymski sold 2,259 shares of the company's stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the transaction, the chief accounting officer directly owned 79,686 shares of the company's stock, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $205.58, for a total value of $3,083,700.00. Following the completion of the sale, the director owned 223,333 shares in the company, valued at approximately $45,912,798.14. This trade represents a 6.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 108,617 shares of company stock worth $30,648,609 in the last ninety days. 3.00% of the stock is owned by insiders.

Institutional Trading of Bloom Energy

A number of institutional investors have recently made changes to their positions in the business. MJT & Associates Financial Advisory Group Inc. increased its stake in Bloom Energy by 49.3% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company's stock valued at $34,000 after buying an additional 37 shares during the last quarter. Bogart Wealth LLC boosted its stake in shares of Bloom Energy by 725.0% during the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company's stock worth $40,000 after buying an additional 116 shares during the last quarter. Carolina Wealth Advisors LLC boosted its stake in shares of Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock worth $41,000 after buying an additional 46 shares during the last quarter. Cape Investment Advisory Inc. bought a new position in shares of Bloom Energy in the 2nd quarter valued at about $54,000. Finally, Blue Trust Inc. increased its position in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company's stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. Institutional investors own 77.04% of the company's stock.

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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