Bloom Energy (NYSE:BE) Price Target Raised to $231.00

17 Apr 2026, 01:56 by Amy Steele · The Cerbat Gem

Bloom Energy (NYSE:BE – Free Report) had its price target raised by JPMorgan Chase & Co. to $231.00 in a research report report published on Tuesday,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other equities research analysts have also recently weighed in on BE. Royal Bank Of Canada set a $143.00 target price on Bloom Energy in a report on Tuesday, January 20th. Evercore reiterated an “outperform” rating and issued a $179.00 price objective on shares of Bloom Energy in a report on Friday, February 6th. UBS Group reiterated a “buy” rating and issued a $170.00 price objective on shares of Bloom Energy in a report on Friday, February 6th. Barclays began coverage on Bloom Energy in a report on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 price objective for the company. Finally, Susquehanna dropped their price objective on Bloom Energy to $173.00 and set a “positive” rating for the company in a report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $144.27.

Get Our Latest Report on BE

Bloom Energy Trading Down 2.1%

Shares of BE stock opened at $209.26 on Tuesday. The stock has a market capitalization of $58.71 billion, a PE ratio of -550.69, a P/E/G ratio of 8.71 and a beta of 3.18. Bloom Energy has a 1-year low of $16.01 and a 1-year high of $229.55. The business has a 50-day moving average of $154.36 and a 200 day moving average of $127.51. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95.

Bloom Energy (NYSE:BE – Get Free Report) last issued its 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 positive return on equity of 7.88% and a negative net margin of 4.37%.Bloom Energy’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, sell-side analysts anticipate that Bloom Energy will post -0.23 earnings per share for the current year.

Insider Transactions at Bloom Energy

In other news, insider Satish Chitoori sold 20,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 212,365 shares in the company, valued at $43,371,303.95. This trade represents a 8.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Marie Soderberg sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total value of $6,126,900.00. Following the completion of the transaction, the insider owned 165,732 shares of the company’s stock, valued at approximately $33,847,446.36. The trade was a 15.33% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 455,092 shares of company stock worth $78,564,475. 3.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. WPG Advisers LLC lifted its stake in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. Hantz Financial Services Inc. increased its position in 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 buying an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Bloom Energy during the 4th quarter valued at approximately $28,000. N.E.W. Advisory Services LLC bought a new position in Bloom Energy during the 3rd quarter valued at approximately $32,000. Finally, Fifth Third Bancorp bought a new position in Bloom Energy during the 3rd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

Positive Sentiment: Oracle deal expansion — Oracle agreed to buy up to 2.8 gigawatts of Bloom fuel-cell systems (1.2 GW already contracted), a deal that transforms Bloom’s revenue runway and underpins the recent rally. Deployment is underway and could drive multi-year sales to hyperscalers. Bloom Energy Is Soaring. Here’s Why.
Positive Sentiment: Technical breakout and AI demand — BE is trading above its 50- and 200-day moving averages after a ~92% six-month run, driven by expectations for clean, resilient power for AI data centers. Technical momentum attracts momentum traders and quant flows. Bloom Energy Surges Past 50 & 200-Day SMAs: How to Trade the Stock?
Positive Sentiment: Analyst support — JPMorgan raised its price target to $231, reflecting improved revenue visibility from large enterprise/hyperscaler contracts; analyst upgrades/target increases helped fuel recent upside. JPMorgan Chase & Co. Raises Bloom Energy (NYSE:BE) Price Target to $231.00
Positive Sentiment: Sector tailwinds — Broader increases in global clean-energy spending and rising battery/storage demand support long-term addressable market expansion for Bloom and peers. Renewable Energy & Battery Stocks to Buy As Global Clean Energy Spending Rises
Neutral Sentiment: Retail/hedge fund interest story — High-profile retail/individual trades (e.g., a widely reported investor who parlayed a stake in Bloom into big gains) draw headlines and can amplify volatility but don’t change fundamentals. 24-Year-Old Turns $875 Million Into $2.2 Billion Via Bloom Energy Stock
Negative Sentiment: Analyst caution and earlier downgrades — Some firms (Susquehanna, Jefferies) trimmed targets ahead of Q1, citing execution and margin uncertainty; mixed analyst views increase short-term risk despite headline deals. Susquehanna and Jefferies Lower Bloom Energy (BE) Price Targets Ahead of Q1 Earnings
Negative Sentiment: Profit-taking and macro headlines — After the big surge on the Oracle news, traders have taken profits and broader market catalysts (e.g., a sudden shift after ceasefire headlines) briefly pushed cyclical/energy names lower, contributing to today’s pullback. Johnson Controls, ESAB, Illinois Tool Works, Bloom Energy, and Kennametal Stocks Trade Down, What You Need To Know

About Bloom Energy

(Get Free Report)

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.