Bloom Energy (NYSE:BE) Stock Price Down 4.4% – Time to Sell?

Bloom Energy Corporation (NYSE:BE) fell 4.4% on Monday . The stock traded as low as $270.00 and last traded at $272.4150. 10,232,834 shares traded hands during trading, a decline of 8% from the average session volume of 11,132,491 shares. The stock had previously closed at $285.00.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy’s CEO said the company does not need to raise capital despite the AI boom, suggesting current growth is being funded internally and reducing dilution concerns. Bloom Energy CEO sees no need to raise capital despite AI boom
• Positive Sentiment: Reports say pushback to new data centers could benefit Bloom Energy, since its on-site power systems are well suited for AI infrastructure that needs reliable, local energy. NIMBY pushback to data centers a boon for San Jose-based Bloom Energy, CEO Says
• Positive Sentiment: Bloom Energy’s AI power deals with Oracle, Brookfield, and Nebius continue to reinforce expectations for major revenue growth from data-center power demand. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
• Positive Sentiment: Oracle’s partnership with Bloom Energy to supply clean fuel-cell power for AI data centers adds another high-profile validation of Bloom’s technology and market opportunity. Oracle Reshapes AI Data Centers With Clean Power And Arm Shift
• Positive Sentiment: Shares also got a lift from a broader move in power-generation names after tariffs were cut on key industrial metals, which may improve cost expectations for the sector. Bloom Energy Stock Rises As Trump Cuts U.S. Tariffs
• Neutral Sentiment: Analyst and media coverage continue to highlight Bloom Energy as a major AI infrastructure winner, but the stock’s very strong run has also raised valuation and execution concerns. AI Propels Bloom Energy Stock Straight to Megacap Territory

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BE. UBS Group raised their price objective on Bloom Energy to $251.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. BTIG Research increased their price target on Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Robert W. Baird increased their price target on Bloom Energy to $242.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Morgan Stanley restated an “overweight” rating and set a $310.00 price target on shares of Bloom Energy in a report on Wednesday, April 29th. Finally, Wells Fargo & Company increased their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.48.

Bloom Energy Stock Performance

The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The business has a 50 day simple moving average of $222.92 and a two-hundred day simple moving average of $161.41. The firm has a market cap of $86.14 billion, a PE ratio of -6,055.83 and a beta of 3.73.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter last year, the firm posted $0.03 earnings per share. The business’s revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Bloom Energy news, insider Satish Chitoori sold 2,111 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $288.24, for a total value of $608,474.64. Following the sale, the insider owned 210,254 shares in the company, valued at $60,603,612.96. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Mary K. Bush sold 25,000 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director owned 108,524 shares in the company, valued at approximately $28,971,567.04. The trade was a 18.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 268,777 shares of company stock valued at $55,112,564. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in BE. Bayforest Capital Ltd bought a new position in shares of Bloom Energy during the 1st quarter worth $2,055,000. AQR Capital Management LLC bought a new position in shares of Bloom Energy during the 1st quarter worth $1,820,000. NewEdge Advisors LLC grew its position in shares of Bloom Energy by 674.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after buying an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Bloom Energy by 50.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after buying an additional 836,810 shares in the last quarter. Finally, Focus Partners Wealth grew its position in shares of Bloom Energy by 30.7% during the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after buying an additional 4,716 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.