Bloom Energy Corporation (NYSE:BE – Get Free Report) insider Satish Chitoori sold 2,053 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $241.64, for a total transaction of $496,086.92. Following the transaction, the insider directly owned 205,364 shares of the company’s stock, valued at $49,624,156.96. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Satish Chitoori also recently made the following trade(s):
- On Tuesday, June 16th, Satish Chitoori sold 2,837 shares of Bloom Energy stock. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07.
Bloom Energy Stock Down 1.4%
Shares of NYSE BE opened at $206.00 on Thursday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The business’s 50 day moving average is $246.25 and its two-hundred day moving average is $216.61. Bloom Energy Corporation has a 52-week low of $40.56 and a 52-week high of $351.28. The firm has a market cap of $60.67 billion, a price-to-earnings ratio of 274.67, a PEG ratio of 2.86 and a beta of 3.79.
Trending Headlines about Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom Energy introduced Power Connect, a factory-integrated system designed to reduce onsite power installation time by more than 40%. Faster deployment could strengthen Bloom’s position in power-constrained artificial-intelligence data centers and accelerate customer projects. Bloom Energy Introduces Power Connect
- Positive Sentiment: The company’s fuel-cell systems can provide reliable onsite electricity without waiting for grid expansion, supporting the AI infrastructure opportunity. Recent coverage highlights accelerating revenue, hyperscaler interest and management visibility into as much as 25 gigawatts of potential deployments. Bloom’s latest quarter also featured revenue of $1.07 billion, up 165.5% year over year, and adjusted earnings well above consensus. Bloom Energy’s Fuel Cell Technology
- Neutral Sentiment: Analyst and institutional signals are mixed. JPMorgan and Goldman Sachs increased positions, while BlackRock, Ameriprise and D. E. Shaw reduced holdings. Analyst targets remain generally above the stock’s recent trading level, but ratings range from Overweight to Underperform, reflecting uncertainty over execution and valuation.
- Negative Sentiment: Bloom Energy’s valuation remains demanding—reported at more than 270 times earnings—leaving the stock vulnerable to profit-taking or delays in converting AI-related opportunities into revenue. Investors are also monitoring supply-chain issues, permitting and the timing of large projects such as Project Jupiter. Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Negative Sentiment: Several law firms publicized a securities class action covering purchases made from February 27, 2025, through July 8, 2026. The complaints allege Bloom misrepresented exposure to Chinese export controls and U.S. tariffs; these claims have not been proven. The lead-plaintiff deadline is September 28, 2026, adding legal and headline risk. Rosen Securities Class Action Notice
- Negative Sentiment: Higher Treasury yields have pressured fuel-cell and other high-growth stocks, while reported insider activity has been dominated by selling. Although some transactions were linked to tax withholding, the pattern may reinforce caution following Bloom Energy’s substantial rally. Fuel-Cell Stocks Under Pressure From Treasury Yields
Institutional Investors Weigh In On Bloom Energy
Hedge funds have recently bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. increased its stake in shares of Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after buying an additional 37 shares during the period. Bogart Wealth LLC raised its holdings in Bloom Energy by 725.0% in the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock valued at $40,000 after acquiring an additional 116 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 46 shares during the last quarter. Cape Investment Advisory Inc. purchased a new position in Bloom Energy in the second quarter worth approximately $54,000. Finally, Blue Trust Inc. grew its holdings in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. BTIG Research restated a “buy” rating and set a $295.00 target price on shares of Bloom Energy in a report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and reduced their price target for the stock from $285.00 to $242.00 in a research report on Thursday, July 30th. Wells Fargo & Company lowered their price objective on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, Morgan Stanley restated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $248.05.
View Our Latest Stock Analysis on Bloom Energy
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.
Featured Articles
- Five stocks we like better than Bloom Energy
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Bloom Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloom Energy and related companies with MarketBeat.com's FREE daily email newsletter.
