Bloom Energy (NYSE:BE) Given New $242.00 Price Target at Robert W. Baird

22 Apr 2026, 14:28 by Michael Walen · The Markets Daily

Bloom Energy (NYSE:BE – Get Free Report) had its price objective hoisted by Robert W. Baird from $172.00 to $242.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s price objective would indicate a potential upside of 3.62% from the company’s previous close.

Several other analysts also recently weighed in on BE. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, January 27th. Wall Street Zen downgraded Bloom Energy from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. 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, TD Cowen lifted their price target on Bloom Energy to $160.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.86.

Check Out Our Latest Stock Analysis on Bloom Energy

Bloom Energy Stock Up 5.7%

Shares of Bloom Energy stock traded up $12.64 during trading hours on Wednesday, hitting $233.55. 1,883,647 shares of the company’s stock traded hands, compared to its average volume of 11,310,964. The stock has a 50 day simple moving average of $158.34 and a 200-day simple moving average of $130.84. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The company has a market cap of $65.52 billion, a PE ratio of -617.92, a PEG ratio of 8.77 and a beta of 3.18. Bloom Energy has a twelve month low of $16.05 and a twelve month high of $234.35.

Bloom Energy (NYSE:BE – Get Free Report) last announced 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 the consensus estimate of $647.59 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company’s revenue was up 35.9% on a year-over-year basis. During the same period last year, the firm earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities research analysts anticipate that Bloom Energy will post 1 earnings per share for the current fiscal year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 19,944 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Kr Sridhar sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $170.00, for a total transaction of $34,000,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,189,869 shares in the company, valued at $372,277,730. This represents a 8.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 455,092 shares of company stock valued at $78,564,475 over the last ninety days. 3.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

Large investors have recently bought and sold shares of the business. Creekmur Asset Management LLC bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $1,825,000. Meridian Wealth Management LLC bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $553,000. Udine Wealth Management Inc. raised its holdings in shares of Bloom Energy by 27.8% during the third quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company’s stock valued at $5,325,000 after buying an additional 13,684 shares during the last quarter. Straight Path Wealth Management bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $1,099,000. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $1,985,000. Institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

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

Positive Sentiment: UBS raised its price target sharply to $251 and kept a Buy rating, citing Bloom’s opportunity from the 800 VDC data-center buildout — a direct revenue catalyst if hyperscalers keep favoring on-site fuel-cell power. UBS Hikes Bloom Energy’s Price Target
Positive Sentiment: Multiple analyst and trade pieces are recasting Bloom as a core AI-data-center power play (MarketBeat/InvestorPlace, Zacks, Yahoo), highlighting stronger estimates, order backlogs and comparisons that favor BE over peers like Plug Power — supporting momentum and demand-based thesis. Bloom Energy Corporation (BE): AI Power Holding
Neutral Sentiment: Jim Cramer called Bloom “the real deal,” lending celebrity validation, but warned about the stock’s recent parabolic move — a bullish endorsement tempered by caution on momentum risk. Jim Cramer Calls Bloom Energy “The Real Deal”
Neutral Sentiment: Citigroup raised its price target to $229 but kept a Neutral rating, implying limited near-term upside from current levels despite recognizing upside drivers — a mixed signal for new buyers. Benzinga Coverage
Negative Sentiment: Coverage from Yahoo/others flags valuation and ongoing losses as key risks: the stock’s sharp run has put valuation in focus, and Bloom still reports losses despite revenue growth — a reminder that fundamentals and profitability timelines matter for sustaining the rally. Bloom Energy Valuation In Focus

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.