Short Interest in Bloom Energy Corporation (NYSE:BE) Drops By 35.0%

Bloom Energy Corporation (NYSE:BE) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 19,348,027 shares, a decrease of 35.0% from the June 15th total of 29,780,167 shares. Approximately 7.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,445,244 shares, the days-to-cover ratio is currently 1.1 days.

Bloom Energy Price Performance

Bloom Energy stock opened at $213.88 on Friday. Bloom Energy has a 52-week low of $24.04 and a 52-week high of $351.28. The firm has a market capitalization of $60.84 billion, a price-to-earnings ratio of -4,276.78 and a beta of 3.73. The company has a fifty day simple moving average of $278.38 and a 200-day simple moving average of $202.41. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company’s quarterly revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities analysts anticipate that Bloom Energy will post 1.43 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In related news, insider Aman Joshi sold 8,343 shares of Bloom Energy stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the sale, the insider owned 163,807 shares of the company’s stock, valued at approximately $49,202,708.59. This trade represents a 4.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Maciej Kurzymski sold 6,229 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the completion of the sale, the chief accounting officer directly owned 81,945 shares of the company’s stock, valued at approximately $24,039,385.20. The trade was a 7.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 153,617 shares of company stock worth $44,003,909. 3.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Strs Ohio increased its position in shares of Bloom Energy by 24.8% during the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after acquiring an additional 8,200 shares during the period. Fortem Financial Group LLC purchased a new position in Bloom Energy in the fourth quarter valued at $369,000. Norges Bank acquired a new position in Bloom Energy during the 4th quarter worth $239,683,000. Cidel Asset Management Inc. acquired a new position in Bloom Energy during the 1st quarter worth $445,000. Finally, Asset Management One Co. Ltd. purchased a new stake in Bloom Energy during the 4th quarter worth about $7,574,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: IDF and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure, supporting growth in Bloom’s core power technology and strengthening its AI-related revenue opportunity. Reuters article
• Positive Sentiment: Additional coverage and commentary have highlighted Bloom Energy’s strong stock performance and momentum, with analysts describing it as a stock benefiting from solid quarterly results and long-term gains. Yahoo Finance article
• Neutral Sentiment: Bloom Energy has also appeared on momentum screens and in analyst-style market commentary, which may support trading interest but does not change the company’s fundamentals. Zacks article
• Negative Sentiment: Two law firms announced securities-fraud investigations into Bloom Energy following a short report, creating headline risk and raising concerns about potential disclosures or litigation. Business Wire article
• Negative Sentiment: Short-seller commentary and related reports have argued Bloom may face supply-chain risks and valuation concerns, which could pressure sentiment despite the AI deal news. Barchart article

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Evercore restated an “outperform” rating and set a $350.00 price target on shares of Bloom Energy in a research report on Wednesday, July 1st. Barclays raised their price target on shares of Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 23rd. Jefferies Financial Group lifted their price objective on Bloom Energy from $207.00 to $246.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Finally, BTIG Research boosted their price objective on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Bloom Energy has an average rating of “Hold” and a consensus target price of $250.41.

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.