Bloom Energy (NYSE:BE) Stock Price Up 1.2% Following Analyst Upgrade

21 Apr 2026, 16:51 by Jessica Moore · The Cerbat Gem

Shares of Bloom Energy Corporation (NYSE:BE – Get Free Report) rose 1.2% on Tuesday after Citigroup raised their price target on the stock to $229.00. Citigroup currently has a neutral rating on the stock. Bloom Energy traded as high as $234.35 and last traded at $220.8880. Approximately 12,077,473 shares changed hands during trading, an increase of 6% from the average daily volume of 11,444,006 shares. The stock had previously closed at $218.27.

BE has been the subject of several other reports. Morgan Stanley increased their target price on Bloom Energy to $184.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Robert W. Baird set a $172.00 target price on Bloom Energy in a research note on Tuesday, January 27th. Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price for the company in a research note on Tuesday, April 14th. BTIG Research lifted their price target on Bloom Energy to $165.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.68.

Read Our Latest Stock Report on Bloom Energy

Insider Buying and Selling

In related news, insider Maciej Kurzymski sold 7,800 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $151.85, for a total transaction of $1,184,430.00. Following the transaction, the insider directly owned 84,294 shares in the company, valued at $12,800,043.90. This trade represents a 8.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Aman Joshi sold 10,000 shares of Bloom Energy stock in a transaction that occurred on Wednesday, April 1st. The stock was 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 owned 180,521 shares in the company, valued at approximately $24,529,193.48. This represents a 5.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 455,092 shares of company stock worth $78,564,475. Company insiders own 3.50% of the company’s stock.

Bloom Energy News Roundup

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

Positive Sentiment: UBS raised its price target sharply from $170 to $251 and kept a Buy rating, a high‑profile upgrade that likely drove buying interest by signaling stronger growth expectations tied to the 800 VDC data‑center opportunity. UBS Hikes Bloom Energy’s Price Target
Positive Sentiment: Zacks and other analyst writeups are upgrading Bloom’s narrative vs. peers (Plug Power), citing stronger growth forecasts, better returns and improving estimates — reinforcing investor belief Bloom benefits from accelerating clean‑power demand at data centers. Zacks Analyst Blog: Bloom Energy and Plug Power
Positive Sentiment: Multiple industry roundups and lists (MarketBeat, Yahoo, InsiderMonkey, InvestorPlace) are labeling BE as a top AI data‑center power play — citing large order backlogs, Oracle contract expansion and on‑site power demand — which supports higher revenue visibility and investor appetite. 5 Stocks Positioned to Win the AI Data Center Buildout
Neutral Sentiment: Citigroup raised its price target to $229 but kept a Neutral rating — a modest lift in target (about a single‑digit upside) that validates current levels but is less bullish than UBS’s move. Benzinga: Citigroup price target update
Negative Sentiment: Several writeups note valuation is extended versus historical analyst targets and peers — the stock has run hard, so some of the upside is already priced in and the risk of a pullback remains if execution or guidance disappoints. MarketBeat: Valuation caveat

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in Bloom Energy by 6.3% during the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock valued at $1,759,726,000 after acquiring an additional 1,240,819 shares during the last quarter. Geode Capital Management LLC increased its position in Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after buying an additional 269,662 shares in the last quarter. Graticule Asia Macro Advisors LLC purchased a new stake in Bloom Energy in the third quarter worth about $402,494,000. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy during the fourth quarter worth about $347,560,000. Finally, Trivest Advisors Ltd grew its position in shares of Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after purchasing an additional 3,201,000 shares in the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. The firm has a 50-day moving average of $156.89 and a 200-day moving average of $129.92. The stock has a market cap of $61.97 billion, a PE ratio of -581.28, a PEG ratio of 8.35 and a beta of 3.18.

Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The company had revenue of $777.68 million during the quarter, compared to analyst estimates 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 was up 35.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Research analysts predict that Bloom Energy Corporation will post 1 EPS for the current year.

Bloom Energy Company Profile

(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.