Bloom Energy (NYSE:BE) CAO Maciej Kurzymski Sells 2,259 Shares

Bloom Energy Corporation (NYSE:BE) CAO Maciej Kurzymski sold 2,259 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the sale, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Maciej Kurzymski also recently made the following trade(s):

• On Wednesday, May 13th, Maciej Kurzymski sold 6,229 shares of Bloom Energy stock. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44.

Bloom Energy Stock Up 1.5%

Shares of NYSE:BE traded up $4.21 during midday trading on Wednesday, reaching $285.09. The company had a trading volume of 10,976,519 shares, compared to its average volume of 10,093,469. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The business’s 50 day moving average price is $254.92 and its 200 day moving average price is $175.55. The stock has a market cap of $81.09 billion, a PE ratio of -5,700.68 and a beta of 3.73. Bloom Energy Corporation has a 1-year low of $20.93 and a 1-year high of $322.83.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s quarterly revenue was up 130.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Research analysts forecast that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Bloom Energy

A number of institutional investors have recently bought and sold shares of BE. Vanguard Group Inc. grew its position in shares of Bloom Energy by 6.3% in the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock valued at $1,759,726,000 after purchasing an additional 1,240,819 shares during the last quarter. Geode Capital Management LLC lifted its stake in Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares during the last quarter. Graticule Asia Macro Advisors LLC bought a new position in shares of Bloom Energy in the 3rd quarter valued at $402,494,000. Brooklands Fund Management Ltd acquired a new stake in Bloom Energy in the fourth quarter valued at $347,560,000. Finally, Trivest Advisors Ltd grew its holdings in Bloom Energy by 1,461.6% during the 3rd 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. Institutional investors and hedge funds own 77.04% of the company’s stock.

Wall Street Analyst Weigh In

BE has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen boosted their price target on Bloom Energy to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. BTIG Research boosted their price target on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company boosted their price target on Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a research report on Wednesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $220.14.

More Bloom Energy News

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

• Positive Sentiment: Zacks called Bloom Energy a “Bull of the Day,” citing strong demand for its solid oxide fuel cells as a fast-deployable power solution for AI datacenter buildout. Bull of the Day: Bloom Energy (BE)
• Neutral Sentiment: Bernstein initiated coverage with a “Market Perform” rating and a $276 target, suggesting the stock may be fairly valued after its recent run-up. Has BE Stock Peaked Yet? Here’s What Wall Street And Retail Think
• Negative Sentiment: Four Bloom Energy insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski and Aman Joshi, sold shares near $289, which can create short-term pressure despite the sales being tied to tax withholding. SEC filing for Shawn Marie Soderberg sale

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.