Bloom Energy (NYSE:BE) Shares Up 9.2% – Here’s What Happened

Bloom Energy Corporation (NYSE:BE)’s stock price shot up 9.2% on Tuesday . The stock traded as high as $283.83 and last traded at $276.0960. 27,378,163 shares were traded during trading, an increase of 118% from the average daily volume of 12,553,902 shares. The stock had previously closed at $252.87.

Bloom Energy News Roundup

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

• Positive Sentiment: S&P 500 inclusion is the main catalyst. Bloom Energy will enter the index before trading begins on September 21, replacing Trade Desk. Index-tracking funds may need to purchase the stock, creating potential near-term buying pressure. Bloom Energy Rallies on News of S&P 500 Addition
• Positive Sentiment: AI infrastructure demand is supporting the growth story. Analysts and market commentators say Bloom’s fuel-cell systems offer hyperscalers fast, scalable power with fewer permitting hurdles. Recent coverage highlighted record second-quarter revenue above $1 billion, 165.5% year-over-year growth, strong margins and raised full-year guidance. Bloom Energy Could See An AI-Memory-Style Frenzy
• Positive Sentiment: Improving earnings expectations are reinforcing bullish sentiment. Bloom Energy has rallied about 20% over the past month, while improving EPS estimates and anticipated passive-fund demand have led some analysts to see additional upside. Bloom Energy Outpaces Its Industry in a Month

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BE. UBS Group restated a “buy” rating and set a $325.00 price objective on shares of Bloom Energy in a research report on Monday. TD Cowen reaffirmed a “hold” rating and set a $235.00 price objective on shares of Bloom Energy in a research note on Monday, July 20th. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Finally, Robert W. Baird restated an “outperform” rating and issued a $310.00 target price on shares of Bloom Energy in a report on Thursday, July 9th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $249.18.

Bloom Energy Stock Up 9.2%

The stock has a fifty day moving average price of $226.44 and a 200-day moving average price of $223.11. The firm has a market cap of $81.32 billion, a PE ratio of 368.13, a PEG ratio of 3.46 and a beta of 3.80. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the previous year, the company posted $0.10 earnings per share. Bloom Energy’s revenue was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Research analysts expect that Bloom Energy Corporation will post 1.92 EPS for the current year.

Insiders Place Their Bets

In related news, insider Shawn Soderberg sold 2,895 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the sale, the insider directly owned 129,370 shares in the company, valued at approximately $30,220,832. This trade represents a 2.19% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey Immelt sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. This represents a 12.97% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 89,464 shares of company stock valued at $22,131,255. Company insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Hedge funds and other institutional investors have recently modified their holdings of the business. Blue Trust Inc. increased its holdings in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares during the last quarter. Continuum Advisory LLC bought a new position in Bloom Energy during the 2nd quarter valued at $25,000. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy in the 1st quarter worth about $27,000. Hantz Financial Services Inc. increased its holdings in Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. lifted its stake in Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

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.