Bloom Energy (NYSE:BE) Stock Price Down 1.9% – Here’s Why
by Jessica Moore · The Cerbat GemBloom Energy Corporation (NYSE:BE – Get Free Report)’s share price was down 1.9% during trading on Friday . The company traded as low as $268.13 and last traded at $284.4820. Approximately 16,729,766 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 11,137,523 shares. The stock had previously closed at $290.01.
Key Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Analysts remain constructive on Bloom Energy’s outlook, citing estimate upgrades, improving capacity and margins, and a favorable return on invested capital profile versus peers. Daiwa also reportedly raised its rating to Outperform with a $324 price target, pointing to an inflection in orders and profitability. Here’s Why Bloom Energy (BE) Is Among the Best Future Stocks to Buy Right Now
- Positive Sentiment: Bloom Energy continues to benefit from the AI infrastructure trade, with coverage highlighting its on-site fuel-cell deployments as a potential solution for rising power demand from data centers. That theme has helped keep investor interest elevated in BE. What’s Going On With Bloom Energy Stock Today?
- Neutral Sentiment: Multiple articles compared Bloom Energy with FuelCell Energy, concluding that BE looks stronger on growth expectations and profitability metrics, while FCEL has lower leverage. This is supportive of Bloom Energy, but it is more of a relative valuation discussion than a fresh catalyst. Bloom Energy vs. FuelCell Energy: Which Clean Energy Stock Leads?
- Neutral Sentiment: Several opinion pieces and market-commentary articles focused on whether Bloom Energy’s recent surge leaves the stock fairly valued or overheated. That suggests investors are balancing strong growth expectations against the risk of profit-taking after a big move. Is It Too Late To Consider Bloom Energy (BE) After Its Recent Share Price Surge
- Negative Sentiment: One market note said BE closed lower as traders took a step back despite the ongoing AI power-demand narrative, suggesting the stock may be vulnerable to volatility after its rapid advance. What’s Going On With Bloom Energy Stock Today?
Wall Street Analysts Forecast Growth
BE has been the topic of several research reports. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Susquehanna upped their price target on Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. BMO Capital Markets upped their price target on Bloom Energy to $149.00 and gave the company a “market perform” rating in a research note on Friday, February 6th. Finally, Royal Bank Of Canada upped their price target on Bloom Energy to $335.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $217.48.
Check Out Our Latest Stock Analysis on Bloom Energy
Bloom Energy Stock Down 1.9%
The firm has a 50 day simple moving average of $218.26 and a two-hundred day simple moving average of $159.36. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The stock has a market cap of $80.92 billion, a price-to-earnings ratio of -5,688.50 and a beta of 3.82.
Bloom Energy (NYSE:BE – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter in the prior year, the firm posted $0.03 earnings per share. The company’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts expect that Bloom Energy Corporation will post 1.31 EPS for the current year.
Insider Buying and Selling
In other news, insider Aman Joshi sold 19,944 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the sale, the insider owned 190,521 shares of the company’s stock, valued at $29,502,176.85. This trade represents a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00. Following the sale, the insider directly owned 341,731 shares in the company, valued at approximately $95,342,949. This represents a 9.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 268,777 shares of company stock worth $55,112,564. Corporate insiders own 3.00% of the company’s stock.
Institutional Investors Weigh In On Bloom Energy
A number of hedge funds have recently modified their holdings of BE. Compound Planning Inc. increased its holdings in Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock worth $467,000 after purchasing an additional 38 shares in the last quarter. Blue Trust Inc. increased its holdings in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares in the last quarter. HB Wealth Management LLC increased its holdings in Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after purchasing an additional 54 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in Bloom Energy by 0.7% in the 1st quarter. Glenmede Trust Co. NA now owns 8,382 shares of the company’s stock worth $1,136,000 after purchasing an additional 55 shares in the last quarter. Finally, WPG Advisers LLC increased its holdings 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. Institutional investors and hedge funds own 77.04% of the company’s stock.
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.