Bloom Energy (NYSE:BE) Updates FY 2026 Earnings Guidance

Bloom Energy (NYSE:BE) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.550-2.850 for the period, compared to the consensus estimate of 1.990. The company issued revenue guidance of $3.9 billion-$4.2 billion, compared to the consensus revenue estimate of $3.7 billion.

Bloom Energy Stock Up 26.0%

NYSE BE traded up $42.60 during trading on Thursday, reaching $206.35. 14,936,725 shares of the company’s stock were exchanged, compared to its average volume of 12,214,467. The stock has a market cap of $58.69 billion, a P/E ratio of 278.23 and a beta of 3.73. Bloom Energy has a 1 year low of $32.52 and a 1 year high of $351.28. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company has a 50 day moving average price of $264.93 and a two-hundred day moving average price of $208.65.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 44.62%. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same quarter in the prior year, the business posted $0.10 EPS. The company’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts anticipate that Bloom Energy will post 1.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on BE shares. Oppenheimer reaffirmed a “market perform” rating on shares of Bloom Energy in a research report on Wednesday. Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and cut their target price for the company from $285.00 to $242.00 in a report on Thursday. Evercore restated an “outperform” rating and set a $350.00 price objective on shares of Bloom Energy in a research report on Wednesday, July 1st. Wells Fargo & Company lowered their target price on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, BTIG Research reiterated a “buy” rating and set a $295.00 price target on shares of Bloom Energy in a research note on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.18.

Insider Activity at Bloom Energy

In other news, insider Satish Chitoori sold 2,837 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider directly owned 207,417 shares in the company, valued at approximately $59,966,328.87. The trade was a 1.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,259 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the sale, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 118,617 shares of company stock valued at $34,238,909. Company insiders own 3.00% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: Strong Q2 results and higher guidance: Bloom reported adjusted earnings of $0.78 per share versus the $0.39 consensus estimate, while revenue surged 165.5% year over year to $1.07 billion, exceeding expectations of approximately $826 million. The company raised its 2026 revenue outlook to $3.9 billion-$4.2 billion and EPS guidance to $2.55-$2.85, supported by product growth and demand for onsite power. Bloom Energy Reports Record Second Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: AI data-center demand remains a major catalyst: Management highlighted accelerating power requirements from artificial-intelligence infrastructure, expanded financing partnerships and operating leverage. The company’s Brookfield financing backstop reportedly increased to $25 billion, potentially helping fund large-scale deployments. Why Bloom Energy May Be the Most Important AI Infrastructure Stock
• Positive Sentiment: Analyst sentiment improved: Mizuho upgraded BE from “neutral” to “outperform” with a $242 target, while Clear Street and Zacks Research moved their ratings from “hold” to “strong buy.” BTIG also reaffirmed its “buy” rating. Mizuho’s target was reduced from $285, but it still implies substantial potential upside based on the reference price. Analyst Ratings
• Neutral Sentiment: Mixed target-price signals: JPMorgan maintained an “overweight” rating but lowered its target to $314 from $346. BMO reduced its target to $227 from $279 and kept a “market perform” rating, indicating analysts remain constructive but more cautious after the stock’s sharp run.
• Negative Sentiment: Valuation and profit-taking are limiting momentum: With a very high reported P/E ratio and significant recent volatility, investors may be locking in gains despite the earnings beat. The stock’s pullback after its earnings-driven rebound suggests expectations for AI-related growth are already elevated.

Institutional Trading of Bloom Energy

Institutional investors have recently modified their holdings of the company. Meeder Advisory Services Inc. acquired a new stake in shares of Bloom Energy during the 4th quarter valued at $251,000. Corient Private Wealth LLC purchased a new position in shares of Bloom Energy during the second quarter valued at $235,000. Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in shares of Bloom Energy during the 4th quarter valued at $212,000. Smartleaf Asset Management LLC increased its stake in shares of Bloom Energy by 52.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,086 shares of the company’s stock worth $182,000 after acquiring an additional 714 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of Bloom Energy during the third quarter worth $139,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.