Bloom Energy (NYSE:BE) Insider Sells $2,338,483.29 in Stock

Bloom Energy Corporation (NYSE:BE) insider Aman Joshi sold 8,437 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $277.17, for a total value of $2,338,483.29. Following the sale, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Aman Joshi also recently made the following trade(s):

• On Wednesday, September 16th, Aman Joshi sold 3,601 shares of Bloom Energy stock. The stock was sold at an average price of $269.94, for a total value of $972,053.94.
• On Friday, August 14th, Aman Joshi sold 4,677 shares of Bloom Energy stock. The stock was sold at an average price of $241.75, for a total value of $1,130,664.75.

Bloom Energy Price Performance

NYSE BE opened at $289.48 on Monday. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 1 year low of $75.70 and a 1 year high of $351.28. The company has a market cap of $85.26 billion, a PE ratio of 385.98, a PEG ratio of 3.70 and a beta of 3.77. The stock’s 50-day moving average price is $237.58 and its two-hundred day moving average price is $238.58.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same period last year, the company posted $0.10 earnings per share. The business’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts predict that Bloom Energy Corporation will post 2.06 EPS for the current year.

Hedge Funds Weigh In On Bloom Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy during the fourth quarter worth $347,560,000. Jennison Associates LLC grew its stake in Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. Bank of America Corp DE grew its stake in Bloom Energy by 6.1% in the first quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after purchasing an additional 126,649 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Bloom Energy by 63.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,026,245 shares of the company’s stock worth $176,060,000 after purchasing an additional 783,040 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Bloom Energy by 8.6% in the 4th quarter. Bank of New York Mellon Corp now owns 1,948,521 shares of the company’s stock worth $169,307,000 after purchasing an additional 154,049 shares during the last quarter. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Virginia’s 5-gigawatt opportunity: RBC Capital reiterated its Outperform rating and $335 price target, saying Virginia’s 2026 Energy Plan creates a favorable framework for Bloom’s fuel-cell technology. The plan is viewed as a potential source of substantial future demand for onsite power generation. Bloom Energy Stock Jumps as RBC Capital Highlights 5GW Virginia Policy Opportunity
• Positive Sentiment: AI data-center demand: Analysts continue to identify Bloom as a beneficiary of surging electricity needs from AI infrastructure. Its ability to provide reliable, onsite power is strengthening the investment case for fuel-cell suppliers. Bloom Energy Stock Hiked As AI-Driven Fuel-Cell Market Booms
• Positive Sentiment: Industry-wide momentum: Money is moving into onsite-power and hydrogen-related stocks, lifting Bloom alongside FuelCell Energy. The broader sector rally is adding momentum to BE shares, although the move is not company-specific. FuelCell Jumps, Bloom Energy Climbs as Hydrogen Stocks Rally
• Neutral Sentiment: Bloom’s recent rally follows a 29% September gain and has brought the stock near a technical buy point, attracting momentum-oriented investors. Its elevated valuation means expectations for continued growth are already substantial.
• Negative Sentiment: Bloom’s latest record quarter relied heavily on equipment sales, which represented nearly 90% of revenue. A slowdown in that category could expose the stock after its sharp advance and leave investors vulnerable to a pullback. Should Bloom Energy Stock Investors Worry About Its Record Quarter?

Wall Street Analyst Weigh In

Several brokerages have issued reports on BE. Barclays boosted their target price on shares of Bloom Energy from $276.00 to $308.00 and gave the company an “equal weight” rating in a research note on Thursday. UBS Group reiterated a “buy” rating and set a $325.00 price target on shares of Bloom Energy in a report on Monday, September 7th. TD Cowen reissued a “hold” rating and set a $235.00 price target on shares of Bloom Energy in a research report on Monday, July 20th. Wells Fargo & Company reduced their price objective on 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, Roth Capital raised their price objective on Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Bloom Energy has an average rating of “Moderate Buy” and a consensus target price of $257.18.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.