Bloom Energy (NYSE:BE) Insider Shawn Marie Soderberg Sells 2,842 Shares

Bloom Energy Corporation (NYSE:BE) insider Shawn Marie Soderberg sold 2,842 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total value of $820,286.46. Following the transaction, the insider owned 132,265 shares in the company, valued at approximately $38,175,646.95. This represents a 2.10% decrease in their position. The transaction was disclosed in a document filed 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.

Shawn Marie Soderberg also recently made the following trade(s):

• On Monday, May 18th, Shawn Marie Soderberg sold 2,746 shares of Bloom Energy stock. The stock was sold at an average price of $259.42, for a total value of $712,367.32.
• On Thursday, May 14th, Shawn Marie Soderberg sold 2,879 shares of Bloom Energy stock. The stock was sold at an average price of $288.10, for a total value of $829,439.90.
• On Wednesday, April 29th, Shawn Marie Soderberg sold 35,000 shares of Bloom Energy stock. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00.
• On Wednesday, April 15th, Shawn Marie Soderberg sold 25,000 shares of Bloom Energy stock. The stock was sold at an average price of $225.13, for a total value of $5,628,250.00.
• On Tuesday, April 14th, Shawn Marie Soderberg sold 30,000 shares of Bloom Energy stock. The stock was sold at an average price of $204.23, for a total value of $6,126,900.00.
• On Thursday, March 19th, Shawn Marie Soderberg sold 15,410 shares of Bloom Energy stock. The shares were sold at an average price of $150.47, for a total transaction of $2,318,742.70.

Bloom Energy Stock Up 1.5%

Shares of BE opened at $285.09 on Thursday. The firm has a market cap of $81.09 billion, a P/E ratio of -5,700.68 and a beta of 3.73. Bloom Energy Corporation has a 12-month low of $20.93 and a 12-month high of $322.83. The company’s 50-day moving average price is $254.92 and its 200 day moving average price is $175.55. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. UBS Group boosted their price target on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a research report on Tuesday, April 14th. Roth Mkm set a $225.00 target price on Bloom Energy in a research report on Wednesday, April 29th. BTIG Research raised their target price on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus target price of $220.14.

Bloom Energy News Summary

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

• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy (BE) to “hold”, which is a step up from its prior stance and may help support sentiment around the stock. Zacks.com
• Positive Sentiment: Recent commentary highlighted Bloom Energy as a beneficiary of the AI data-center buildout, citing its behind-the-meter solid oxide fuel cell solution as a fast-deploying power option for customers needing reliable electricity. Bull of the Day: Bloom Energy (BE)
• Neutral Sentiment: Bloom Energy has also been noted as outperforming the broader market in recent trading, reflecting continued momentum in the shares. Bloom Energy (BE) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: Several insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski, and Aman Joshi, sold shares this week. The company said the trades were tied to tax withholding from equity vesting, but insider selling can still weigh on investor sentiment.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Creekmur Asset Management LLC acquired a new position in shares of Bloom Energy in the third quarter valued at approximately $1,825,000. Strs Ohio increased its holdings in shares of Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares during the period. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Bloom Energy in the third quarter valued at approximately $1,985,000. Fortem Financial Group LLC acquired a new position in shares of Bloom Energy in the fourth quarter valued at approximately $369,000. Finally, SPX Gestao de Recursos Ltda acquired a new position in shares of Bloom Energy in the third quarter valued at approximately $1,691,000. Institutional investors and hedge funds 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.