Bloom Energy (NYSE:BE) Updates FY 2026 Earnings Guidance

Key Points

• FY2026 guidance raised: Bloom set FY2026 EPS guidance of $1.85–$2.25 and revenue guidance of $3.4B–$3.8B, both materially above consensus estimates of $1.32 EPS and $3.2B revenue.
• Strong quarter and commercial win: Q1 results beat expectations (EPS $0.44 vs. $0.09; revenue $751.1M vs. $531.3M) and the company secured a major Oracle deal (up to 2.45 GW for Project Jupiter), driving analyst upgrades and a sharp stock rally.
• Near-term risks remain: Insiders have been selling shares, Bloom filed a prospectus supplement for a stock offering (potential dilution), and commentators warn valuation and momentum risk that could trigger sharp pullbacks.

Bloom Energy (NYSE:BE - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.850-2.250 for the period, compared to the consensus earnings per share estimate of 1.320. The company issued revenue guidance of $3.4 billion-$3.8 billion, compared to the consensus revenue estimate of $3.2 billion.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Citigroup lifted their price objective on Bloom Energy to $229.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 21st. Royal Bank Of Canada set a $143.00 price objective on Bloom Energy in a research report on Tuesday, January 20th. BTIG Research lifted their price objective on Bloom Energy to $165.00 and gave the stock a "buy" rating in a research report on Friday, February 6th. Zacks Research upgraded Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 7th. Finally, Evercore reiterated an "outperform" rating and set a $179.00 price objective on shares of Bloom Energy in a research report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $155.95.

Bloom Energy Trading Down 3.4%

BE stock traded down $7.92 during midday trading on Tuesday, hitting $226.76. 13,293,059 shares of the company's stock were exchanged, compared to its average volume of 11,220,272. The business has a 50-day simple moving average of $165.53 and a two-hundred day simple moving average of $134.97. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. The stock has a market capitalization of $63.62 billion, a PE ratio of -596.73, a P/E/G ratio of 9.28 and a beta of 3.18. Bloom Energy has a 1-year low of $16.05 and a 1-year high of $242.20.

Bloom Energy (NYSE:BE - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.35. The company had revenue of $751.05 million during the quarter, compared to analysts' expectations of $531.29 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts predict that Bloom Energy will post 1 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Satish Chitoori sold 20,000 shares of Bloom Energy stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the completion of the sale, the insider directly owned 212,365 shares of the company's stock, valued at approximately $43,371,303.95. The trade was a 8.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Aman Joshi sold 10,000 shares of Bloom Energy stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total value of $1,358,800.00. Following the completion of the sale, the insider directly owned 180,521 shares of the company's stock, valued at $24,529,193.48. The trade was a 5.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 455,092 shares of company stock worth $78,564,475 in the last three months. 3.00% of the stock is owned by insiders.

Key Bloom Energy News

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

• Positive Sentiment: Oracle announced Project Jupiter will use Bloom fuel cells (up to 2.45 GW capacity) to fully power a new AI data‑center campus, replacing planned gas turbines and diesel — a material commercial win that validates Bloom’s hyperscaler opportunity. Oracle, BorderPlex, and Bloom Energy to Power Project Jupiter
• Positive Sentiment: Bloom shares spiked after‑hours when Oracle made the announcement, reflecting immediate market enthusiasm for large‑scale data‑center contracts. Bloom Energy Stock Jumps After The Bell
• Positive Sentiment: Analysts and coverage highlight record backlog and surging demand for on‑site clean power tied to data centers; UBS recently raised its price target driven by this hyperscaler opportunity. These fundamental signals support medium‑term revenue growth. Is Bloom Energy Ready for the Next Wave of AI Data Center Infrastructure Buildout?
• Neutral Sentiment: Earnings are due after the close (Q1); the setup is highly watched and could amplify moves in either direction depending on results and guidance. Bloom Energy Heads Into Earnings Up Triple Digits
• Neutral Sentiment: Coverage pieces and sector roundups are highlighting Bloom as a top fuel‑cell/hydrogen pick and noting very strong short‑term momentum (large April gains), which can attract both new capital and short‑term profit‑taking. Here is Why Bloom Energy is Among the 7 Energy & Utility Stocks that are on Fire in April
• Negative Sentiment: Bloom filed a prospectus supplement for a stock offering — potential near‑term dilution that can pressure the share price, especially after a big rally. Bloom Energy Files Prospectus Supplement for Stock Offering
• Negative Sentiment: Valuation and momentum risk: commentators warn the stock’s massive run (huge YTD and year‑over‑year gains) raises valuation concerns — a disappointing print or conservative guidance could trigger sharp declines. Bloom Energy Has Made Early Investors Rich. Can It Do It Again?

Institutional Investors Weigh In On Bloom Energy

A number of institutional investors have recently modified their holdings of BE. Bayforest Capital Ltd acquired a new stake in shares of Bloom Energy in the first quarter valued at $2,055,000. AQR Capital Management LLC acquired a new stake in shares of Bloom Energy in the first quarter valued at $1,820,000. NewEdge Advisors LLC grew its stake in shares of Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company's stock valued at $37,000 after buying an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Bloom Energy by 50.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company's stock valued at $49,127,000 after buying an additional 836,810 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company's stock valued at $394,000 after buying an additional 4,716 shares in the last quarter. 77.04% of the stock is 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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