Royal Bank Of Canada Increases Bloom Energy (NYSE:BE) Price Target to $335.00

Key Points

• Royal Bank of Canada raised its price target on Bloom Energy from $143 to $335 and kept an "outperform" rating, implying about a 19% upside while the stock jumped to $281.20 on heavy volume.
• Record Q1 and upgraded guidance: Bloom reported revenue of $751.1M (+130% YoY) and GAAP profit of $70.7M, raised FY‑2026 EPS guidance to 1.85–2.25, and cited surging AI/data‑center demand that prompted multiple analyst target increases.
• Valuation and ownership risks: Analysts warn the stock trades at very stretched multiples (negative trailing P/E and high forward metrics), insiders have sold shares recently, and sell‑side ratings remain mixed despite upgrades.

Bloom Energy (NYSE:BE - Get Free Report) had its price objective hoisted by investment analysts at Royal Bank Of Canada from $143.00 to $335.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective suggests a potential upside of 19.13% from the stock's previous close.

A number of other research analysts have also recently weighed in on the stock. UBS Group lifted their price objective on shares of Bloom Energy to $251.00 and gave the company a "buy" rating in a report on Tuesday, April 21st. Zacks Research raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 7th. China Renaissance assumed coverage on Bloom Energy in a research report on Wednesday, January 28th. They set a "buy" rating and a $207.00 target price on the stock. Jefferies Financial Group upgraded Bloom Energy from an "underperform" rating to a "hold" rating and set a $187.00 price target for the company in a research note on Tuesday, April 14th. Finally, Truist Financial set a $68.00 price target on Bloom Energy in a research report on Friday, January 9th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $193.32.

Bloom Energy Stock Performance

Shares of NYSE:BE traded up $54.83 on Wednesday, hitting $281.20. 14,249,422 shares of the company were exchanged, compared to its average volume of 11,309,381. Bloom Energy has a 1-year low of $16.05 and a 1-year high of $290.50. The stock's 50 day moving average price is $167.17 and its 200 day moving average price is $135.96. 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 firm has a market capitalization of $78.89 billion, a P/E ratio of -739.12, a price-to-earnings-growth ratio of 9.42 and a beta of 3.18.

Bloom Energy (NYSE:BE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.09 by $0.35. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $531.29 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The business's revenue for the quarter was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts predict that Bloom Energy will post 1 EPS for the current year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the completion of the sale, the insider directly owned 180,521 shares in the company, valued at approximately $24,529,193.48. The trade was a 5.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shawn Marie Soderberg sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $225.13, for a total value of $5,628,250.00. Following the sale, the insider owned 140,732 shares of the company's stock, valued at approximately $31,682,995.16. This trade represents a 15.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 455,092 shares of company stock valued at $78,564,475 in the last 90 days. Corporate insiders own 3.00% of the company's stock.

Institutional Investors Weigh In On Bloom Energy

Several large investors have recently bought and sold shares of BE. Creekmur Asset Management LLC purchased a new stake in shares of Bloom Energy in the third quarter valued at approximately $1,825,000. Meridian Wealth Management LLC purchased a new stake in shares of Bloom Energy in the third quarter valued at approximately $553,000. Udine Wealth Management Inc. grew its position in shares of Bloom Energy by 27.8% in the third quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company's stock valued at $5,325,000 after purchasing an additional 13,684 shares in the last quarter. Straight Path Wealth Management purchased a new stake in shares of Bloom Energy in the third quarter valued at approximately $1,099,000. Finally, Teachers Retirement System of The State of Kentucky purchased a new stake in shares of Bloom Energy in the third quarter valued at approximately $1,985,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy News Summary

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

• Positive Sentiment: Record Q1 results and raised full‑year guidance — BE reported revenue of $751.1M (+130% YoY), GAAP profit of $70.7M, and raised FY‑2026 revenue and EPS guidance well above consensus; management cited surging AI/data‑center demand. BusinessWire Q1 Release
• Positive Sentiment: Large orders/backlog & strategic wins — Oracle expanded its partnership (Project Jupiter) to use Bloom fuel cells, supporting multi‑GW deployment opportunities tied to AI data centers. This underscores durable demand beyond a single quarter. Oracle / Project Jupiter
• Positive Sentiment: Wall Street re‑ratings lift sentiment — Several firms raised price targets after the print (JPMorgan, Susquehanna, BTIG among those cited), reflecting higher growth assumptions and supporting the rally. 247WallSt on Analyst Raises
• Neutral Sentiment: Technical/market momentum commentary — Short‑term technical pieces (e.g., Murrey Math) and media coverage highlight momentum and record highs, which can amplify moves but are not fundamental drivers. Invezz Technical Note
• Negative Sentiment: Valuation risks — Analysts/commentary warn BE now trades at very stretched multiples (high forward P/E, PEG), making the stock sensitive to execution slips, macro volatility, or geopolitical risks that could reset expectations. Seeking Alpha Valuation Take
• Negative Sentiment: Mixed analyst positioning — Some firms raised targets but kept conservative ratings (e.g., TD Cowen raised its target but retained a "hold"), signaling caution among certain sell‑side desks despite the beat. TD Cowen / The Fly

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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