Bloom Energy (NYSE:BE) Sets New 12-Month High – Here’s What Happened

Shares of Bloom Energy Corporation (NYSE:BE) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $178.24 and last traded at $177.9490, with a volume of 3925226 shares. The stock had previously closed at $166.20.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Brookfield committed up to ~$5 billion to deploy Bloom’s fuel cells for AI-focused data centers, giving Bloom scale, validating its “bring-your-own-power” pitch and materially enlarging its commercial pipeline. Bloom Energy (BE) Is Up 14.4% After Major Brookfield AI Data Center Deal And Backlog Surge – Has The Bull Case Changed?
• Positive Sentiment: Company reported stronger-than-expected results and a rising backlog, and management signaled FY26 upside potential tied to capacity expansion and data-center demand. Those fundamentals are a key driver of today’s buying. Bloom Energy Corporation (BE) gained from a $5B partnership with Brookfield and solid results
• Positive Sentiment: Market commentary highlights Bloom’s role in the emerging AI/data-center power market and the “bring-your-own-power” trend, which could create multi-year demand tailwinds if execution scales. Bloom Energy Rides AI Power Demand As Valuation Concerns Persist
• Neutral Sentiment: Technical and momentum-focused pieces note a bullish breakout and strong short-term price action, which can attract momentum traders but also raises volatility risk. AI Power Play Bloom Energy Stock Breaking Out Now
• Neutral Sentiment: Market coverage is asking whether the recent run makes BE “too late” for new buyers — useful for gauging investor sentiment but not a fundamental driver. Is It Too Late To Consider Bloom Energy (BE) After Its Strong Year To Date Rally?
• Negative Sentiment: Several deep-dive pieces warn Bloom’s rally has pushed valuation to “priced-for-perfection” levels — critics argue upside is now dependent on flawless execution, margin improvement and capital discipline. Bloom Energy: 800V DC Architecture Meets A Priced-For-Perfection Valuation
• Negative Sentiment: Other analysis cautions that the stock is “pricey” after an outsized rally and that downside exists if backlog conversion, gross margins or capital needs disappoint. Bloom Energy Suffers Electrification Success – Pricey After Outsized Rally

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BE shares. BTIG Research upped their price objective on Bloom Energy to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Barclays assumed coverage on Bloom Energy in a research note on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 target price on the stock. TD Cowen raised their price target on shares of Bloom Energy to $160.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. Susquehanna lifted their price objective on shares of Bloom Energy to $157.00 and gave the company a “positive” rating in a report on Wednesday, October 29th. Finally, Mizuho boosted their price objective on shares of Bloom Energy to $110.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Bloom Energy presently has an average rating of “Hold” and an average target price of $131.87.

Bloom Energy Trading Up 5.8%

The business has a 50-day simple moving average of $129.75 and a two-hundred day simple moving average of $103.03. The stock has a market cap of $49.32 billion, a price-to-earnings ratio of -464.08, a P/E/G ratio of 6.54 and a beta of 3.07. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. The firm had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The company’s revenue for the quarter was up 35.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities analysts forecast that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 3,746 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $139.81, for a total value of $523,728.26. Following the transaction, the insider directly owned 201,072 shares of the company’s stock, valued at $28,111,876.32. This represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Maciej Kurzymski sold 3,264 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $86.48, for a total transaction of $282,270.72. Following the sale, the insider owned 90,005 shares of the company’s stock, valued at $7,783,632.40. This trade represents a 3.50% 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 12,294 shares of company stock worth $1,520,974 in the last quarter. Corporate insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds have recently added to or reduced their stakes in BE. Vanguard Group Inc. lifted its position in shares of Bloom Energy by 6.3% during the 3rd 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 period. Geode Capital Management LLC raised its stake 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 valued at $461,272,000 after purchasing an additional 269,662 shares in the last quarter. Graticule Asia Macro Advisors LLC acquired a new position in Bloom Energy in the third quarter valued at about $402,494,000. Brooklands Fund Management Ltd bought a new stake in Bloom Energy during the fourth quarter worth about $347,560,000. Finally, Trivest Advisors Ltd grew its stake in 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 buying an additional 3,201,000 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

About Bloom Energy

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.