Bloom Energy (NYSE:BE) Trading 1.5% Higher - Should You Buy?

Key Points

• Bloom Energy shares rose 1.5% to $204.45 amid strong trading volume, while AI and data-center electricity demand support the company’s growth outlook. Recent quarterly revenue increased 165.5% year over year to $1.07 billion, exceeding estimates.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $248.05, implying potential upside, although the stock’s valuation is elevated at a P/E ratio above 270.
• Investors face notable risks, including a securities class-action lawsuit alleging misleading disclosures about China-related supply-chain exposure and recent insider share sales. The allegations have not been proven in court.

Shares of Bloom Energy Corporation (NYSE:BE - Get Free Report) shot up 1.5% during trading on Monday . The stock traded as high as $209.92 and last traded at $204.45. Approximately 14,763,376 shares changed hands during trading, an increase of 18% from the average session volume of 12,476,345 shares. The stock had previously closed at $201.45.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: AI and data-center power demand support the growth story. An analysis argues that Bloom’s factory-built, modular onsite-generation systems could help address electricity bottlenecks for data centers. Oracle’s multigigawatt commitment and Brookfield’s expanded $25 billion financing framework are cited as potential catalysts for project deployment. The article also highlights second-quarter revenue growth of approximately 166%, a 34.3% non-GAAP gross margin and positive operating cash flow. Bloom Energy: Factory-Built Power Is Becoming AI's Fastest Route To Scale
• Positive Sentiment: Analyst targets imply substantial upside. Zacks reported that Wall Street’s average price target points to roughly 36.9% upside, while noting that upward revisions to earnings estimates are generally a more useful signal than the target itself. Bloom also carries a reported “Moderate Buy” consensus recommendation from brokerages. Wall Street Analysts See a 36.89% Upside in Bloom Energy
• Neutral Sentiment: Hydrogen and fuel-cell stocks are diverging. Bloom gained while Plug Power declined, suggesting investors are differentiating between companies based on business models, execution and exposure to near-term power demand rather than trading the broader hydrogen sector uniformly. Plug Power Falls 4%, Bloom Energy Moves Up as the Hydrogen Trade Divides
• Negative Sentiment: Multiple law firms publicized a securities class action against Bloom and certain executives. The complaints allege that Bloom misrepresented its lack of China supply-chain exposure, including the sourcing of scandium through intermediaries linked to China. Investors who purchased shares during the stated class period are being urged to seek lead-plaintiff status by September 28, 2026. The allegations could create litigation costs, reputational damage and uncertainty, although they have not been proven in court. Levi & Korsinsky Bloom Energy Investor Alert

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Sanford C. Bernstein increased their price target on shares of Bloom Energy from $276.00 to $282.00 and gave the company a "market perform" rating in a report on Wednesday, July 29th. Citigroup reaffirmed a "hold" rating on shares of Bloom Energy in a research report on Thursday, July 16th. Zacks Research upgraded Bloom Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 28th. Truist Financial dropped their price target on Bloom Energy from $250.00 to $218.00 and set a "hold" rating for the company in a report on Wednesday, July 29th. Finally, TD Cowen reissued a "hold" rating and set a $235.00 price target on shares of Bloom Energy in a report on Monday, July 20th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Bloom Energy currently has an average rating of "Moderate Buy" and a consensus price target of $248.05.

Bloom Energy Stock Up 1.5%

The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The firm's 50 day simple moving average is $244.12 and its two-hundred day simple moving average is $217.28. The firm has a market cap of $60.22 billion, a price-to-earnings ratio of 272.60, a PEG ratio of 2.76 and a beta of 3.79.

Bloom Energy (NYSE:BE - Get Free Report) last announced 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 net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same quarter in the prior year, the business posted $0.10 EPS. The business's revenue 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. On average, equities analysts forecast that Bloom Energy Corporation will post 1.92 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director Jeffrey R. Immelt sold 30,000 shares of the firm's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the transaction, the director owned 201,243 shares in the company, valued at $48,078,965.13. This trade represents a 12.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Satish Chitoori sold 2,053 shares of the firm's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $241.64, for a total value of $496,086.92. Following the transaction, the insider owned 205,364 shares in the company, valued at approximately $49,624,156.96. This trade represents a 0.99% 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. Insiders have sold a total of 144,464 shares of company stock valued at $38,504,205 over the last ninety days. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BE. Blue Trust Inc. lifted its holdings in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company's stock worth $25,000 after purchasing an additional 51 shares during the period. Continuum Advisory LLC acquired a new position in shares of Bloom Energy in the 2nd quarter valued at about $25,000. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy during the 1st quarter valued at about $27,000. Hantz Financial Services Inc. boosted its position in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock valued at $28,000 after purchasing an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. grew its stake in Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company's stock worth $28,000 after purchasing an additional 200 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

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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