JPMorgan Chase & Co. Issues Positive Forecast for Bloom Energy (NYSE:BE) Stock Price

Key Points

• JPMorgan raised its price target on Bloom Energy to $231 (from $166) and kept an "overweight" rating, implying roughly a 6% upside from the prior close.
• Oracle expanded a deal to procure up to 2.8 GW of Bloom fuel‑cell systems (and holds a $400M warrant), spurring a sharp rally as the stock traded around $217.61 — near its 52‑week high — on heavy volume.
• Bloom topped quarterly expectations (Q EPS $0.45 vs. $0.25 estimate; revenue $777.7M vs. $647.6M) and gave FY2026 guidance of 1.33–1.48 EPS, but retains high leverage (debt/equity 3.54) and a negative net margin, leaving profitability and valuation risks.

Bloom Energy (NYSE:BE - Get Free Report) had its price target raised by JPMorgan Chase & Co. from $166.00 to $231.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target indicates a potential upside of 6.15% from the company's previous close.

BE has been the topic of several other research reports. Mizuho lifted their price target on Bloom Energy to $110.00 and gave the company a "neutral" rating in a research note on Monday, February 9th. Wall Street Zen lowered Bloom Energy from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. TD Cowen lifted their price target on Bloom Energy to $160.00 and gave the company a "hold" rating in a research note on Friday, February 6th. Robert W. Baird set a $172.00 price target on Bloom Energy in a research note on Tuesday, January 27th. Finally, Royal Bank Of Canada set a $143.00 price target on Bloom Energy in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $144.95.

Bloom Energy Stock Performance

NYSE:BE traded up $40.94 during mid-day trading on Tuesday, hitting $217.61. 12,973,834 shares of the stock were exchanged, compared to its average volume of 11,285,770. The stock has a market capitalization of $61.05 billion, a price-to-earnings ratio of -573.72, a price-to-earnings-growth ratio of 6.80 and a beta of 3.18. The firm's 50-day simple moving average is $150.57 and its 200 day simple moving average is $125.28. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. Bloom Energy has a fifty-two week low of $16.01 and a fifty-two week high of $218.36.

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, topping the consensus estimate of $0.25 by $0.20. The business had revenue of $777.68 million during the quarter, compared to analysts' expectations of $647.59 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The firm's revenue for the quarter was up 35.9% compared to the same quarter last year. During the same period last year, the firm posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities analysts anticipate that Bloom Energy will post -0.23 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Satish Chitoori sold 18,964 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.45, for a total value of $2,928,989.80. Following the completion of the sale, the insider owned 232,365 shares of the company's stock, 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 filing with the SEC, which is accessible through the SEC website. Also, Director Gary S. Pinkus sold 1,250 shares of the company's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.80, for a total value of $207,250.00. Following the sale, the director owned 4,149 shares in the company, valued at approximately $687,904.20. The trade was a 23.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 380,092 shares of company stock valued at $62,724,725. Corporate insiders own 3.60% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. WPG Advisers LLC grew its position in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company's stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Orion Capital Management LLC grew its position in Bloom Energy by 0.7% in the 4th quarter. Orion Capital Management LLC now owns 12,083 shares of the company's stock worth $1,050,000 after purchasing an additional 83 shares in the last quarter. Ritholtz Wealth Management grew its position in Bloom Energy by 1.5% in the 4th quarter. Ritholtz Wealth Management now owns 5,765 shares of the company's stock worth $501,000 after purchasing an additional 87 shares in the last quarter. CoreCap Advisors LLC grew its position in Bloom Energy by 7.3% in the 4th quarter. CoreCap Advisors LLC now owns 1,295 shares of the company's stock worth $113,000 after purchasing an additional 88 shares in the last quarter. Finally, Reliant Investment Management LLC grew its position in Bloom Energy by 3.6% in the 4th quarter. Reliant Investment Management LLC now owns 2,556 shares of the company's stock worth $222,000 after purchasing an additional 90 shares in the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Oracle expanded a master services agreement to procure up to 2.8 GW of Bloom fuel‑cell systems (with an initial 1.2 GW contracted and deployment already underway), directly tying Bloom to large, multi‑year AI data‑center power needs. BusinessWire: Bloom Energy and Oracle Expand Partnership
• Positive Sentiment: Market reaction: multiple outlets report a sharp rally after the deal as investors price in sizable, near‑term revenue and capacity deployments for AI infrastructure. CNBC: Oracle jumps, Bloom soars on AI data center power deal
• Positive Sentiment: Strategic alignment: the announcement follows a recent $400M warrant granted to Oracle to buy Bloom shares, which can strengthen the commercial tie and signal long‑term customer commitment. CNBC: Oracle expands Bloom deal after warrant
• Neutral Sentiment: Deal mechanics & timing: coverage notes Bloom’s claim that its systems can be rolled out faster than traditional power projects — positive for execution, but revenue recognition and installation cadence will determine near‑term contribution. Reuters: Bloom to supply up to 2.8 GW
• Neutral Sentiment: Macro/market backdrop: S&P futures and broader AI enthusiasm are supporting momentum across AI‑linked names, which can amplify both upside and volatility. Barron's: S&P futures up; Bloom leads
• Negative Sentiment: Technical/volatility warning: some analysts flag Wyckoff and mean‑reversion risks after a rapid multi‑week rally—expect big intraday swings and risk of pullbacks. Invezz: Bloom Energy stock warning
• Negative Sentiment: Balance‑sheet & profitability risks remain: high debt‑to‑equity and negative net margin/legacy losses mean growth must convert to sustained profitability to justify current rich market valuation and volatility. Context: Reuters coverage

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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