Bloom Energy (NYSE:BE) Shares Up 3.3% - Should You Buy?

Key Points

• Bloom Energy shares rose 3.3% on Wednesday, trading as high as $297.87 after closing at $280.69 the prior day. Trading volume was below average, with about 8.97 million shares changing hands.
• The biggest recent catalyst is a major AI data center-related contract announced through Federal Pacific, which was described as the largest order in its history. The deal boosts Bloom’s exposure to fast-growing demand for mission-critical power infrastructure tied to AI.
• Despite the rally, several reports warn that Bloom Energy’s valuation has become stretched, even as analysts remain broadly positive overall. Recent earnings were strong, with revenue up 130.4% year over year and EPS beating estimates, but insider selling and the stock’s sharp run-up could increase volatility.

Bloom Energy Corporation (NYSE:BE - Get Free Report) shares rose 3.3% during mid-day trading on Wednesday . The company traded as high as $297.87 and last traded at $290.0450. Approximately 8,966,302 shares traded hands during trading, a decline of 20% from the average daily volume of 11,245,057 shares. The stock had previously closed at $280.69.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy won a major AI data center-related contract through Federal Pacific, which announced its largest single order ever for medium-voltage switchgear and engineering services. The deal expands Bloom’s role in mission-critical power infrastructure and reinforces the company’s exposure to fast-growing AI energy demand. Bloom Energy Lands Record AI Deal As Valuation Stretches Above Targets
• Positive Sentiment: Federal Pacific separately confirmed the same contract, calling it the largest order in its history and tying it directly to a large-scale AI data center project, which adds credibility to Bloom Energy’s growth narrative. Federal Pacific Awarded Bloom Energy Contract Supporting AI Data Center Infrastructure
• Positive Sentiment: Jim Cramer publicly backed Bloom Energy, saying data centers are “going crazy for it” and telling viewers they should buy the stock. That kind of media endorsement can add momentum to an already hot name. Jim Cramer on Bloom Energy: “All the Data Centers Are Going Crazy for It”
• Positive Sentiment: Barclays raised its price target on Bloom Energy, signaling more confidence in the company’s AI data center power story and helping support the stock’s valuation. Barclays Just Hiked Bloom Energy Price Target to $254: AI Data Center Power Story Just Got Bigger
• Neutral Sentiment: Several commentary pieces highlighted Bloom Energy’s massive rally and argued it could still have long-term upside, but these were mostly opinion pieces rather than new fundamental developments. 2 Reasons Bloom Energy Is a Once-in-a-Decade Stock Pick for Long-Term Investors
• Neutral Sentiment: Bloom Energy was also mentioned in an industry report on the solid oxide fuel cell market, which is supportive of the long-term sector backdrop but not a direct company-specific catalyst. $143.66 Bn Solid Oxide Fuel Cell Market, 2040 with Adelan, Aisin, AVL List, Bloom Energy, Ceres Power Leading
• Negative Sentiment: One theme across recent coverage is that Bloom Energy’s valuation has become stretched after the sharp run-up, which could make the stock more vulnerable to pullbacks if execution disappoints. Bloom Energy Lands Record AI Deal As Valuation Stretches Above Targets

Analyst Ratings Changes

BE has been the topic of a number of research analyst reports. BTIG Research boosted their price target on shares of Bloom Energy to $295.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Morgan Stanley reissued an "overweight" rating and set a $310.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Barclays increased their price target on shares of Bloom Energy to $254.00 and gave the stock an "equal weight" rating in a report on Monday. China Renaissance began coverage on shares of Bloom Energy in a research report on Wednesday, January 28th. They set a "buy" rating and a $207.00 price target for the company. Finally, Zacks Research raised Bloom Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $217.48.

Bloom Energy Stock Up 3.3%

The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The stock has a 50-day moving average of $186.16 and a two-hundred day moving average of $145.55. The company has a market cap of $82.50 billion, a P/E ratio of -5,799.74 and a beta of 3.82.

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

Insider Buying and Selling

In other Bloom Energy news, insider Shawn Marie Soderberg sold 35,000 shares of the business's stock in a transaction that occurred on Wednesday, April 29th. The stock was 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. The trade was a 9.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mary K. Bush sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total value of $6,674,000.00. Following the sale, the director directly owned 108,524 shares of the company's stock, valued at approximately $28,971,567.04. This trade represents a 18.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 515,092 shares of company stock worth $95,003,475 in the last 90 days. 3.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Militia Capital Management LLC bought a new stake in Bloom Energy in the 1st quarter worth $813,000. Signature Equity Partners LLC increased its stake in shares of Bloom Energy by 205.6% during the first quarter. Signature Equity Partners LLC now owns 440 shares of the company's stock valued at $60,000 after buying an additional 296 shares during the period. ABN Amro Investment Solutions raised its holdings in shares of Bloom Energy by 3.8% during the first quarter. ABN Amro Investment Solutions now owns 12,508 shares of the company's stock valued at $1,695,000 after acquiring an additional 458 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Bloom Energy by 12.2% during the first quarter. PNC Financial Services Group Inc. now owns 17,395 shares of the company's stock valued at $2,357,000 after acquiring an additional 1,892 shares in the last quarter. Finally, Oslo Pensjonsforsikring AS purchased a new stake in Bloom Energy in the first quarter worth $176,000. 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.

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