Bloom Energy (NYSE:BE) Trading Up 7.8% - Here's Why

Key Points

• Shares jumped 7.8% (trading as high as $156.79) after Bloom reported quarterly results that beat estimates — $0.45 EPS vs $0.25 expected and $777.7M revenue vs $647.6M expected — and issued FY2026 EPS guidance of 1.33–1.48.
• Analyst sentiment is mixed: the consensus is a "Hold" with an average target of $131.65, even as Morgan Stanley ($184), UBS ($170) and BTIG ($165) have higher targets; meanwhile substantial insider selling (380,092 shares, ~$62.7M over 90 days) and a high debt-to-equity ratio (3.54) pose potential risks.

Bloom Energy Corporation (NYSE:BE - Get Free Report) shares were up 7.8% on Wednesday . The company traded as high as $156.79 and last traded at $146.5230. Approximately 10,676,953 shares were traded during trading, a decline of 6% from the average daily volume of 11,352,505 shares. The stock had previously closed at $135.91.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on BE shares. Zacks Research downgraded shares of Bloom Energy from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 9th. Morgan Stanley upped their target price on shares of Bloom Energy to $184.00 and gave the company an "overweight" rating in a research note on Friday, February 6th. Barclays started coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued an "equal weight" rating and a $153.00 target price for the company. UBS Group reaffirmed a "buy" rating and issued a $170.00 target price on shares of Bloom Energy in a research note on Friday, February 6th. Finally, BTIG Research upped their target price on shares of Bloom Energy to $165.00 and gave the company a "buy" rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $131.65.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. The stock has a market cap of $41.11 billion, a P/E ratio of -385.59, a P/E/G ratio of 5.54 and a beta of 3.18. The company's 50 day simple moving average is $150.17 and its 200 day simple moving average is $122.83.

Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.20. The company had revenue of $777.68 million during the quarter, compared to analysts' expectations of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business's quarterly revenue was up 35.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities analysts forecast that Bloom Energy Corporation will post -0.23 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In related news, insider Satish Chitoori sold 18,964 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $154.45, for a total transaction of $2,928,989.80. Following the completion of the transaction, the insider owned 232,365 shares in the company, valued at approximately $35,888,774.25. This represents a 7.55% 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, CEO Kr Sridhar sold 200,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $170.00, for a total transaction of $34,000,000.00. Following the transaction, the chief executive officer owned 2,189,869 shares of the company's stock, valued at $372,277,730. The trade was a 8.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 380,092 shares of company stock worth $62,724,725. Company insiders own 3.50% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Meridian Wealth Management LLC bought a new stake in Bloom Energy during the third quarter worth $553,000. Creekmur Asset Management LLC bought a new stake in Bloom Energy during the third quarter worth $1,825,000. Udine Wealth Management Inc. raised its position in Bloom Energy by 27.8% during the third quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company's stock worth $5,325,000 after acquiring an additional 13,684 shares in the last quarter. Straight Path Wealth Management bought a new stake in Bloom Energy during the third quarter worth $1,099,000. Finally, Teachers Retirement System of The State of Kentucky bought a new position in shares of Bloom Energy in the third quarter valued at about $1,985,000. Institutional investors and hedge funds 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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