Bloom Energy (NYSE:BE) Stock Price Down 2.1% – Here’s Why

Shares of Bloom Energy Corporation (NYSE:BE) were down 2.1% during mid-day trading on Monday . The stock traded as low as $202.88 and last traded at $206.39. Approximately 9,853,272 shares were traded during trading, a decline of 21% from the average daily volume of 12,463,965 shares. The stock had previously closed at $210.77.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy’s Power Connect technology reportedly reduces onsite installation time by more than 40%. Faster deployments could help the company meet surging electricity demand from AI data centers, support revenue growth, and contribute to higher 2026 guidance. Will Faster Installations Drive Bloom Energy’s AI Expansion?
• Neutral Sentiment: Bloom Energy continues to attract favorable commentary as a potential beneficiary of the AI power boom. However, its elevated valuation— including a triple-digit price-to-earnings ratio—leaves the stock sensitive to execution concerns and negative news. Here’s My 3-Part Plan for Turning a Bloom Energy Stake Into Real Retirement Income
• Negative Sentiment: Multiple law firms are publicizing a securities class action against BE and urging investors to seek lead-plaintiff status by September 28, 2026. The notices allege Bloom Energy misled investors about its supply chain, including claims that Chinese-sourced scandium and components were routed through third countries despite statements that the company had no China supply chain. The allegations have not been proven, but the legal scrutiny creates potential financial, reputational, and disclosure risks. Levi & Korsinsky Class Action Alert Kaplan Fox Class Action Notice

Analysts Set New Price Targets

BE has been the subject of a number of recent analyst reports. Roth Capital raised their price target on Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. BTIG Research reiterated a “buy” rating and set a $295.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Robert W. Baird restated an “outperform” rating and set a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, JPMorgan Chase & Co. decreased their price target on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Price Performance

The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The company has a 50-day moving average price of $235.51 and a 200-day moving average price of $219.52. The firm has a market capitalization of $60.79 billion, a P/E ratio of 275.19, a price-to-earnings-growth ratio of 2.89 and a beta of 3.79.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The firm’s revenue 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, sell-side analysts predict that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Insider Activity at Bloom Energy

In related news, insider Satish Chitoori sold 2,837 shares of Bloom Energy stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the transaction, the insider owned 207,417 shares of the company’s stock, valued at $59,966,328.87. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,895 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the transaction, the insider owned 129,370 shares of the company’s stock, valued at approximately $30,220,832. This represents a 2.19% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 89,464 shares of company stock worth $22,131,255. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System lifted its holdings in Bloom Energy by 39,637.2% during the second quarter. California State Teachers Retirement System now owns 123,526,724 shares of the company’s stock worth $37,391,539,000 after acquiring an additional 123,215,865 shares in the last quarter. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy during the fourth quarter worth about $347,560,000. Norges Bank acquired a new stake in shares of Bloom Energy during the fourth quarter worth about $239,683,000. Jennison Associates LLC lifted its holdings in shares of Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares in the last quarter. 77.04% of the stock is owned by institutional investors.

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.