Bloom Energy (NYSE:BE) Trading Up 11.8% – Here’s What Happened

Bloom Energy Corporation (NYSE:BE) shot up 11.8% on Friday . The company traded as high as $88.00 and last traded at $89.68. 3,761,039 shares traded hands during trading, a decline of 62% from the average session volume of 9,779,158 shares. The stock had previously closed at $80.21.

Bloom Energy News Summary

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

• Positive Sentiment: Large, outsized call buying — Traders bought ~98,563 call options today (~37% above the average daily call volume), signaling aggressive bullish positioning that can amplify an intraday rally or reflect expectations for further upside.
• Positive Sentiment: Coverage explaining the rally and investor interest in Bloom’s AI/infra exposure helped push sentiment positive; commentary argues the stock’s bounce reflects renewed demand for companies tied to AI infrastructure and Bloom’s energy hardware niche. AAII: Why Bloom Energy Corporation’s (BE) Stock Is Up 8.38%
• Positive Sentiment: The Motley Fool noted a sharp weekly selloff followed by buyers stepping in, highlighting the narrative that AI infrastructure demand could keep interest in Bloom elevated — a view that supports buy-the-dip flows. Fool: Bloom Energy Stock Sank This Week. Is It a Buying Opportunity?
• Neutral Sentiment: Wall Street analyst activity and targets remain mixed but constructive in places (TD Cowen, Susquehanna had higher targets earlier), which supports conviction among some institutional holders; MarketBeat’s compilation shows a consensus “Hold” with a wide range of price targets. MarketBeat coverage and analyst notes
• Neutral Sentiment: Insider sales disclosed (Maciej Kurzymski sold 3,264 shares; Satish Chitoori sold 431 shares) — filings show small percentage reductions in position; these are routine and modest in size relative to insider holdings. SEC filing (Kurzymski) SEC filing (Chitoori)
• Negative Sentiment: Morning AI-related selloff weighed on the stock early, with coverage reporting a ~12% intraday drop tied to broader tech/AI weakness and profit-taking that triggered short-term selling pressure. MSN: Bloom Energy falls amid AI selloff
• Negative Sentiment: Analyst/commentary pieces flagged near-term downside drivers — high valuation multiples, macro/AI rotation risk, and volatility in sentiment — which can keep price swings large even if the longer-term narrative is supportive. Forbes: Why Is Bloom Energy Stock Dropping?

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Cowen reiterated a “hold” rating on shares of Bloom Energy in a research report on Wednesday, October 29th. Susquehanna boosted their price target on shares of Bloom Energy to $157.00 and gave the stock a “positive” rating in a research note on Wednesday, October 29th. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, October 29th. Jefferies Financial Group reissued an “underperform” rating and issued a $53.00 target price on shares of Bloom Energy in a research note on Friday, October 31st. Finally, Wedbush set a $39.00 target price on Bloom Energy in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $93.77.

Bloom Energy Stock Up 10.4%

The company has a market capitalization of $20.95 billion, a P/E ratio of 493.44, a PEG ratio of 56.10 and a beta of 3.00. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.40 and a quick ratio of 2.88. The company has a 50 day moving average of $109.90 and a 200-day moving average of $67.59.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. Bloom Energy had a return on equity of 8.74% and a net margin of 0.84%.The firm had revenue of $519.05 million for the quarter, compared to analyst estimates of $425.18 million. During the same period last year, the company earned ($0.01) EPS. The business’s quarterly revenue was up 57.1% compared to the same quarter last year. As a group, equities analysts anticipate that Bloom Energy Corporation will post -0.23 EPS for the current year.

Insider Activity

In related news, insider Shawn Marie Soderberg sold 1,583 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $105.97, for a total value of $167,750.51. Following the completion of the transaction, the insider directly owned 221,633 shares of the company’s stock, valued at $23,486,449.01. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Satish Chitoori sold 431 shares of Bloom Energy stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $88.12, for a total value of $37,979.72. Following the sale, the insider directly owned 229,449 shares in the company, valued at approximately $20,219,045.88. The trade was a 0.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 120,410 shares of company stock worth $16,557,185. 3.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bloom Energy

Several large investors have recently made changes to their positions in BE. Graticule Asia Macro Advisors LLC purchased a new stake in shares of Bloom Energy in the 3rd quarter worth approximately $402,494,000. Trivest Advisors Ltd boosted its holdings in Bloom Energy by 1,461.6% in the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after acquiring an additional 3,201,000 shares in the last quarter. Norges Bank bought a new stake in Bloom Energy in the second quarter worth $57,821,000. Westfield Capital Management Co. LP bought a new position in shares of Bloom Energy during the third quarter valued at $141,679,000. Finally, Man Group plc increased its holdings in shares of Bloom Energy by 177.4% during the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after acquiring an additional 1,530,167 shares in the last quarter. 77.04% of the stock is currently 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.