Bloom Energy (NYSE:BE) Upgraded at TD Cowen

08 Oct 2026, 05:18 by Tristan Rich · The Markets Daily

TD Cowen upgraded shares of Bloom Energy (NYSE:BE – Free Report) to a hold rating in a report released on Monday,Zacks reports.

Several other equities research analysts have also issued reports on the stock. Roth Capital increased their target price on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a research report on Monday, September 28th. Finally, Citigroup restated a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and an average target price of $258.32.

Get Our Latest Analysis on Bloom Energy

Bloom Energy Price Performance

NYSE BE opened at $291.35 on Monday. The business’s fifty day moving average is $244.66 and its 200 day moving average is $241.34. Bloom Energy has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The company has a market capitalization of $85.81 billion, a PE ratio of 388.47, a price-to-earnings-growth ratio of 3.78 and a beta of 3.77.

Bloom Energy (NYSE:BE – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same quarter in the prior year, the business posted $0.10 earnings per share. The business’s quarterly revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts predict that Bloom Energy will post 2.06 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Jeffrey R. Immelt sold 30,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the transaction, the director owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. The trade was a 12.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Satish Chitoori sold 2,870 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the transaction, the insider owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. This represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 89,698 shares of company stock worth $21,780,758 over the last ninety days. 3.00% of the stock is owned by company insiders.

Institutional Trading of Bloom Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Rye Brook Capital LLC boosted its holdings in shares of Bloom Energy by 25.5% during the 3rd quarter. Rye Brook Capital LLC now owns 16,812 shares of the company’s stock valued at $4,657,000 after purchasing an additional 3,413 shares during the last quarter. Glynn Capital Management LLC bought a new stake in shares of Bloom Energy in the third quarter worth about $9,486,000. Eleva Capital SAS bought a new stake in shares of Bloom Energy in the third quarter worth about $1,053,000. Central Pacific Bank Trust Division lifted its position in shares of Bloom Energy by 46.0% in the third quarter. Central Pacific Bank Trust Division now owns 4,857 shares of the company’s stock worth $1,345,000 after buying an additional 1,531 shares in the last quarter. Finally, Eastern Bank lifted its position in shares of Bloom Energy by 157.7% in the third quarter. Eastern Bank now owns 2,165 shares of the company’s stock worth $600,000 after buying an additional 1,325 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Bloom Energy

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

Positive Sentiment: AI power demand remains the main bullish catalyst. Morgan Stanley reportedly views Bloom as a potential beneficiary of an estimated 77-gigawatt data-center power shortfall, while Jim Cramer highlighted Bloom’s ability to provide electricity without relying entirely on constrained utility grids. Morgan Stanley sees Bloom Energy as a winner amid 77 GW shortfall for data centers
Positive Sentiment: Production expansion supports the growth story. Bloom purchased a 158,000-square-foot facility in Fremont, California, signaling that management is preparing for significantly higher demand from data centers and other customers. Bloom Energy Is Building Like Demand Is About to Explode
Positive Sentiment: Technical momentum and earnings expectations remain supportive. Bloom has crossed key moving averages, and analysts point to a stronger earnings outlook. Its latest reported quarter also exceeded consensus estimates for earnings and revenue, although those results are historical rather than a new catalyst today. Bloom Energy Crosses Key SMAs
Neutral Sentiment: Analyst opinions are mixed. TD Cowen upgraded Bloom to “hold,” while Sanford C. Bernstein reaffirmed a “market perform” rating with a $282 price target. The latter implies limited upside from recent trading levels and reinforces a wait-and-see stance. Bloom Energy Stock Rating Upgraded by TD Cowen
Neutral Sentiment: Investors are awaiting the next earnings report. Preview coverage is focused on whether Bloom can convert AI-related demand into orders, revenue and sustained profitability. Earnings preview: What to expect from Bloom Energy’s report
Negative Sentiment: Valuation and balance-sheet risks are pressuring the stock. Coverage notes that Bloom trades at a premium valuation while carrying substantial debt. With the shares near their recent high and a reported price-to-earnings ratio above 380, investors appear sensitive to any indication that growth expectations may be excessive. Here’s Why Bloom Energy Fell More Than Broader Market

Bloom Energy Company Profile

(Get Free Report)

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.