Bloom Energy (NYSE:BE) Price Target Raised to $231.00 at JPMorgan Chase & Co.

Bloom Energy (NYSE:BE) had its price target boosted by JPMorgan Chase & Co. to $231.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, January 27th. Barclays started coverage on shares of Bloom Energy in a research report on Wednesday, January 28th. They set an “equal weight” rating and a $153.00 price target on the stock. Mizuho increased their price target on shares of Bloom Energy to $110.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Jefferies Financial Group raised shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research report on Tuesday. Finally, Citigroup started coverage on shares of Bloom Energy in a research report on Tuesday, February 24th. They set a “neutral” rating and a $162.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $144.27.

Bloom Energy Stock Performance

NYSE:BE opened at $219.01 on Tuesday. The company has a debt-to-equity ratio of 3.54, a current ratio of 5.98 and a quick ratio of 4.95. The firm has a 50-day moving average of $151.57 and a two-hundred day moving average of $126.33. The stock has a market cap of $61.44 billion, a P/E ratio of -576.34, a PEG ratio of 7.21 and a beta of 3.18. Bloom Energy has a 1-year low of $16.01 and a 1-year high of $219.27.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The company had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The firm’s revenue for the quarter was up 35.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, research analysts expect that Bloom Energy will post -0.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 18,964 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $154.45, for a total value of $2,928,989.80. Following the transaction, the insider owned 232,365 shares of the company’s stock, valued at $35,888,774.25. This trade represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shawn Marie Soderberg sold 29,807 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $153.78, for a total transaction of $4,583,720.46. Following the completion of the transaction, the insider directly owned 224,216 shares in the company, valued at $34,479,936.48. This represents a 11.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 380,092 shares of company stock worth $62,724,725. Insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On Bloom Energy

A number of large investors have recently bought and sold shares of BE. Meridian Wealth Management LLC bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $553,000. Creekmur Asset Management LLC bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $1,825,000. Udine Wealth Management Inc. raised its holdings in shares of Bloom Energy by 27.8% during the third quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company’s stock valued at $5,325,000 after buying an additional 13,684 shares during the last quarter. Straight Path Wealth Management bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $1,099,000. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of Bloom Energy during the third quarter valued at approximately $1,985,000. Institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

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

• Positive Sentiment: Oracle expanded a master services agreement to procure up to 2.8 GW of Bloom fuel‑cell capacity (deployment of an initial 1.2 GW already underway). That contract meaningfully enlarges Bloom’s addressable backlog for AI/cloud data‑center power and supports faster revenue recognition versus slower traditional generation projects. Bloom Energy and Oracle Expand Strategic Partnership to Deploy up to 2.8 GW to Accelerate AI Infrastructure Build-Out
• Positive Sentiment: Oracle recently received a warrant to buy $400M of Bloom stock and then expanded its procurement deal, a sequence investors interpret as closer strategic/financial alignment that could support future orders or capital stability. Oracle expands Bloom Energy deal days after receiving $400 million stock warrant
• Positive Sentiment: JPMorgan raised its price target to $231 with an Overweight rating, providing institutional validation that may attract more buyers and buoy sentiment. Benzinga
• Positive Sentiment: Fundamentals: Bloom recently beat quarterly revenue and EPS expectations and issued FY‑2026 EPS guidance (1.33–1.48), reinforcing the growth narrative behind the AI/data‑center opportunity. (Company filings/earnings release)
• Neutral Sentiment: Macro/sector context is mixed — broader U.S. markets rallied on geopolitical optimism and lower oil, while the NYSE Energy index slipped; lower oil/energy sentiment could mute some sector lift despite AI demand. US Equity Markets Rise Amid Optimism Around Resumption of US-Iran Peace Talks, Lower Crude Oil Prices
• Neutral Sentiment: Technical/flow: heavy volume and rapid price gains have attracted momentum traders and headlines (e.g., “rockets” coverage), which can amplify intraday moves but don’t guarantee sustainable fundamentals. Bloom Energy Rockets 23% as Fuel Cell Tech Becomes the AI Data Center Power Play of 2026
• Negative Sentiment: Several commentators call the Oracle‑driven surge an overreaction and caution that part of the move is sentiment‑driven rather than contract‑execution proof; risk of a pullback if orders don’t convert as fast as headlines imply. Why Bloom Energy stock’s Oracle-driven surge is an ‘overreaction’
• Negative Sentiment: Technical warnings (Wyckoff distribution / mean‑reversion risk) note the shares have rallied very quickly from consolidation, raising the odds of a sharp retracement on lighter news or profit‑taking. Bloom Energy stock warning: beware of Wyckoff and mean reversion risks

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.