Bloom Energy (NYSE:BE) Stock Price Down 1.6% – Time to Sell?

Bloom Energy Corporation (NYSE:BE)’s share price was down 1.6% during mid-day trading on Tuesday. The company traded as low as $213.09 and last traded at $222.6240. 10,916,852 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 13,001,104 shares. The stock had previously closed at $226.22.

More Bloom Energy News

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

• Positive Sentiment: Demand for Bloom Energy’s solid-oxide fuel cells is reportedly growing among artificial-intelligence and cloud data centers. Projects involving Oracle and Google, along with a rising backlog, could support strong long-term revenue growth and validate the company’s expansion into data-center power. Is AI Data Center Deals Altering The Investment Case For Bloom Energy Stock?
• Positive Sentiment: Analysts broadly expect a substantial year-over-year improvement in third-quarter results, with projected revenue near $1.06 billion and adjusted EPS around $0.70, compared with $0.15 a year earlier. Rising demand for on-site power and the company’s move into positive free cash flow provide additional potential catalysts. BE Stock Jumps Premarket Into Earnings Week
• Neutral Sentiment: Investors are focusing on operating indicators beyond revenue and EPS, including backlog, margins, cash flow, returns on capital and demand from data-center customers. These metrics may determine whether the expected earnings growth is sustainable. Exploring Analyst Estimates for Bloom Energy Q3 Earnings
• Negative Sentiment: The near-term decline reflects earnings-related uncertainty and heightened volatility after the stock’s steep retreat from its record high. Traders may be waiting for confirmation that strong demand is translating into profitable growth before rebuilding positions. Bloom Energy Stock Slides: What’s Going On?
• Negative Sentiment: Bloom Energy’s premium valuation leaves little room for disappointment. Even if quarterly results are strong, weaker guidance, slower data-center execution or concerns about the sustainability of growth could pressure the shares. Bloom Energy Q3 Earnings on Deck

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BE. BTIG Research reiterated a “buy” rating and issued a $295.00 target price on shares of Bloom Energy in a research note on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price target on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Zacks Research lowered shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Roth Capital reaffirmed a “neutral” rating and issued a $260.00 price objective on shares of Bloom Energy in a research report on Tuesday, October 13th. Finally, Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $260.05.

Bloom Energy Price Performance

The business’s 50 day moving average price is $249.61 and its 200 day moving average price is $247.63. The stock has a market capitalization of $65.57 billion, a P/E ratio of 296.83, a price-to-earnings-growth ratio of 2.86 and a beta of 3.77. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm’s quarterly revenue was up 165.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts forecast that Bloom Energy Corporation will post 2.04 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Maciej Kurzymski sold 2,295 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total transaction of $616,023.90. Following the transaction, the chief accounting officer directly owned 77,391 shares of the company’s stock, valued at $20,773,292.22. This represents a 2.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey R. Immelt sold 30,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares in the company, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 89,698 shares of company stock worth $21,780,758 in the last 90 days. Insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

A number of hedge funds have recently bought and sold shares of the company. Jennison Associates LLC boosted its position in Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Bloom Energy during the 2nd quarter valued at about $296,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Bloom Energy by 78.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after purchasing an additional 583,135 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Bloom Energy by 228.0% during the 1st quarter. Bessemer Group Inc. now owns 587,947 shares of the company’s stock valued at $79,660,000 after purchasing an additional 408,687 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Bloom Energy by 106.0% in the 1st quarter. Renaissance Technologies LLC now owns 535,900 shares of the company’s stock worth $72,609,000 after purchasing an additional 275,700 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.