BTIG Cuts Bloom Energy (BE) Price Target to $250
Key Points
- BTIG maintained a Buy rating on Bloom Energy Corporation (NYSE: BE) on October 23, 2026, while moving its price target from $295.00 down to $250.00.
- BTIG's $250 price target implies 14.80% upside from Bloom Energy Corporation's ($BE) current $217.77 share price.
- Bloom Energy shares recently traded around $217.77, sitting below the firm's new $250.00 target.
- Four insiders sold a combined total of 35,625 shares in August 2026 for more than $8.4 million.
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On October 23, 2026, research firm BTIG maintained its Buy rating on Bloom Energy Corporation (NYSE: BE) while adjusting its price target down to $250.00 from $295.00.
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Bloom Energy Corporation
BTIG vs. the S&P 500
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BTIG's Call on Bloom Energy Corporation
In its research note on October 23, 2026, BTIG kept its Buy rating on the stock while trimming the target from $295.00 to $250.00. The firm looks at the company with a forward-looking perspective on its solid oxide fuel cell systems.
Other Institutional Activity in Bloom Energy Corporation
Pinnacle Associates reduced its holdings by 7,267 shares, ending with 168,039 shares worth about $46,543,442.0. SBI Securities cut its stake by 20,828 shares, leaving it with 11,590 shares valued at about $3,210,198.0. Ameriprise Financial, Inc. lowered its position by 4,753,946 shares to hold 18,134,575 shares valued at about $3,949,166,475.0. Situational Awareness LP trimmed its stake by 212,725 shares, holding 6,272,808 shares worth about $1,366,029,424.0. Value Aligned Research Advisors, LLC grew its holdings by 1,000,399 shares, ending with 5,585,179 shares worth about $1,216,284,454.0.
Bloom Energy Corporation Stock Down 8.7%
Bloom Energy shares closed at $217.77 on October 22, 2026, and recently traded at $217.77 on October 23, 2026. The stock trades below its 50-day moving average of $249.55 and below its 52-week high of $351.28.
$BE price target
Bloom Energy Corporation daily closes and this analyst's $250 target. Not advice.
Recent Earnings
Bloom Energy generated trailing twelve month revenue of $3.11 billion and earnings of $0.76 per share. The company reported a net profit margin of 7.9% and a return on equity of 22.2%.
Insider Buying and Selling at Bloom Energy Corporation
Four company insiders completed share sales in August 2026. On August 14, 2026, Shawn Marie Soderberg sold 2,895 shares at $233.60 for a total of $676,272.0. On the same day, Satish Prabhu Chitoori sold 2,053 shares at $241.64 for $496,087.0, and Aman Joshi sold 4,677 shares at $241.75 for $1,130,665.0. Later, on August 17, 2026, Jeffrey R Immelt sold 30,000 shares at $238.91 for $7,167,300.0.
Analysts Set New Price Targets
On October 15, 2026, Baird maintained its Outperform rating and raised its target from $310.0 to $351.0. Truist Securities maintained its Hold rating on October 16, 2026, lifting its target from $218.0 to $240.0. On October 23, 2026, Morgan Stanley maintained an Overweight rating and raised its target from $310.0 to $335.0. Bernstein maintained a Market Perform rating on October 23, 2026, moving its target from $282.0 to $306.0. Across the street, the stock holds a consensus buy recommendation with a mean target price of $286.70 from 26 analysts.
About Bloom Energy Corporation
Headquartered in San Jose, California, Bloom Energy Corporation builds solid oxide fuel cell systems that generate on-site electricity without combustion. The company serves industrial customers looking for reliable power alternatives.
Bottom Line
BTIG's updated target gives investors a fresh benchmark to watch as the stock trades below recent moving averages. Market participants should monitor upcoming earnings reports and institutional filings for further signals on the company's valuation.
Related Filing Alerts
Source: BTIG's rating change on $BE (Oct 23, 2026). Written by software, not financial advice. How we make alerts