Bloom Energy (NYSE:BE) Stock Price Down 7.9% – Time to Sell?

Bloom Energy Corporation (NYSE:BE) shares traded down 7.9% on Tuesday . The company traded as low as $147.56 and last traded at $152.83. 10,692,774 shares changed hands during trading, a decline of 12% from the average session volume of 12,144,623 shares. The stock had previously closed at $166.00.

Wall Street Analyst Weigh In

BE has been the subject of several recent analyst reports. Roth Mkm boosted their price target on Bloom Energy to $133.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Citigroup started coverage on shares of Bloom Energy in a research report on Tuesday, February 24th. They issued a “neutral” rating and a $162.00 target price for the company. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, February 6th. Mizuho raised their price target on Bloom Energy to $110.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Finally, Wall Street Zen lowered Bloom Energy from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Bloom Energy currently has a consensus rating of “Hold” and an average price target of $131.87.

Bloom Energy Stock Down 3.0%

The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. The company’s 50-day moving average price is $138.98 and its 200 day moving average price is $107.69. The stock has a market capitalization of $44.85 billion, a P/E ratio of -420.71, a P/E/G ratio of 6.25 and a beta of 3.11.

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

Insider Activity

In other Bloom Energy news, insider Shawn Marie Soderberg sold 25,244 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $177.93, for a total value of $4,491,664.92. Following the sale, the insider owned 227,048 shares in the company, valued at $40,398,650.64. The trade was a 10.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Maciej Kurzymski sold 3,264 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $86.48, for a total value of $282,270.72. Following the transaction, the insider owned 90,005 shares of the company’s stock, valued at approximately $7,783,632.40. The trade was a 3.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 268,788 shares of company stock valued at $45,575,889 in the last quarter. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. WPG Advisers LLC increased its position in shares of Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after acquiring an additional 67 shares during the period. Hantz Financial Services Inc. grew its position in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Bloom Energy during the fourth quarter worth $28,000. N.E.W. Advisory Services LLC acquired a new stake in Bloom Energy in the third quarter worth about $32,000. Finally, Fifth Third Bancorp acquired a new position in Bloom Energy during the 3rd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

About Bloom Energy

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.