Bloom Energy (NYSE:BE) Given New $110.00 Price Target at Mizuho

Bloom Energy (NYSE:BE) had its target price hoisted by Mizuho to $110.00 in a research report report published on Monday morning, MarketBeat.com reports. They currently have a neutral rating on the stock.

BE has been the topic of a number of other research reports. Truist Financial set a $68.00 target price on Bloom Energy in a research note on Friday, January 9th. Susquehanna boosted their price objective on Bloom Energy to $157.00 and gave the company a “positive” rating in a report on Wednesday, October 29th. Bank of America increased their target price on Bloom Energy from $26.00 to $39.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. boosted their target price on shares of Bloom Energy to $166.00 and gave the company an “overweight” rating in a research note on Friday. Finally, TD Cowen upped their price target on shares of Bloom Energy to $160.00 and gave the stock a “hold” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $128.29.

Bloom Energy Stock Up 8.4%

Shares of NYSE:BE opened at $155.06 on Monday. The company has a market cap of $36.67 billion, a price-to-earnings ratio of -408.05, a PEG ratio of 11.56 and a beta of 3.07. Bloom Energy has a 12 month low of $15.15 and a 12 month high of $176.49. The company has a current ratio of 4.40, a quick ratio of 2.88 and a debt-to-equity ratio of 1.98. The company has a 50-day moving average price of $119.60 and a 200 day moving average price of $94.19.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a positive return on equity of 8.38% and a negative net margin of 4.37%.The business had revenue of $777.68 million for the quarter, compared to the consensus estimate of $647.59 million. During the same period in the prior year, the business posted $0.43 earnings per share. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities research analysts predict that Bloom Energy will post -0.23 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 1,583 shares of Bloom Energy stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $105.97, for a total transaction of $167,750.51. Following the transaction, the insider directly owned 221,633 shares of the company’s stock, valued at $23,486,449.01. This trade represents a 0.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Maciej Kurzymski sold 3,264 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $86.48, for a total transaction of $282,270.72. Following the completion of the transaction, the insider directly owned 90,005 shares of the company’s stock, valued at $7,783,632.40. This trade represents a 3.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,639 shares of company stock worth $1,496,660 over the last quarter. 3.50% of the stock is currently owned by company insiders.

Institutional Trading of Bloom Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Graticule Asia Macro Advisors LLC purchased a new stake in Bloom Energy in the third quarter valued at approximately $402,494,000. Trivest Advisors Ltd grew its holdings in Bloom Energy by 1,461.6% during 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 during the period. Norges Bank acquired a new stake in shares of Bloom Energy during the 2nd quarter worth approximately $57,821,000. Westfield Capital Management Co. LP purchased a new position in shares of Bloom Energy during the 3rd quarter valued at approximately $141,679,000. Finally, Man Group plc increased its holdings in Bloom Energy by 177.4% in the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after buying an additional 1,530,167 shares in the last quarter. Hedge funds and other institutional investors 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.