Bloom Energy (NYSE:BE) Shares Up 8.5% – Should You Buy?

Bloom Energy Corporation (NYSE:BE) shares traded up 8.5% on Monday . The company traded as high as $161.25 and last traded at $160.1420. 9,986,088 shares traded hands during trading, a decline of 20% from the average session volume of 12,410,900 shares. The stock had previously closed at $147.55.

Analyst Upgrades and Downgrades

BE has been the topic of a number of recent analyst reports. Susquehanna raised their price target on Bloom Energy to $157.00 and gave the company a “positive” rating in a report on Wednesday, October 29th. UBS Group reissued a “buy” rating and set a $170.00 target price on shares of Bloom Energy in a research note on Friday, February 6th. Roth Mkm boosted their price target on Bloom Energy to $133.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. JPMorgan Chase & Co. increased their price objective on shares of Bloom Energy to $166.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Finally, Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $130.50.

Bloom Energy Stock Performance

The company has a market capitalization of $44.93 billion, a P/E ratio of -421.43, a price-to-earnings-growth ratio of 6.10 and a beta of 3.07. The business has a 50 day moving average of $126.79 and a 200 day moving average of $101.25. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.20. The business had revenue of $777.68 million for the quarter, compared to analysts’ expectations 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 for the quarter was up 35.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, sell-side analysts predict that Bloom Energy Corporation will post -0.23 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 3,746 shares of Bloom Energy stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $139.81, for a total value of $523,728.26. Following the completion of the transaction, the insider directly owned 201,072 shares of the company’s stock, valued at $28,111,876.32. This trade represents a 1.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Shawn Marie Soderberg sold 3,332 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $139.56, for a total transaction of $465,013.92. Following the completion of the sale, the insider owned 219,871 shares in the company, valued at approximately $30,685,196.76. This trade represents a 1.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,294 shares of company stock worth $1,520,974 over the last three months. 3.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bloom Energy

Several institutional investors have recently modified their holdings of the stock. WPG Advisers LLC boosted its holdings in shares of 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 during the period. Hantz Financial Services Inc. lifted its position in Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Bloom Energy during the fourth quarter worth $28,000. N.E.W. Advisory Services LLC bought a new position in Bloom Energy during the third quarter valued at $32,000. Finally, Fifth Third Bancorp bought a new position in Bloom Energy during the third quarter valued at $32,000. 77.04% of the stock is owned by institutional investors.

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.