Key Points
- Insider Aman Joshi sold 10,000 shares of Bloom Energy on April 1 at an average price of $135.88 for about $1.36 million, and the sale was executed under a pre-arranged Rule 10b5-1 trading plan.
- He also sold 33,690 shares earlier this year (Mar 16: 19,944; Feb 25: 10,000; Feb 17: 3,746), bringing total recent sales to 43,690 shares and reducing his stake by 5.25% to 180,521 shares valued at roughly $24.53 million.
- Bloom Energy reported an earnings beat (Q EPS $0.45 vs. $0.25 est.) and revenue of $777.7M (+35.9% y/y) with FY2026 EPS guidance of 1.33–1.48, but analysts' consensus is a "Hold" with a $131.65 price target and a market cap near $38 billion.
Bloom Energy Corporation (NYSE:BE - Get Free Report) insider Aman Joshi sold 10,000 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total value of $1,358,800.00. Following the sale, the insider owned 180,521 shares of the company's stock, valued at approximately $24,529,193.48. This represents a 5.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aman Joshi also recently made the following trade(s):
- On Monday, March 16th, Aman Joshi sold 19,944 shares of Bloom Energy stock. The shares were sold at an average price of $154.85, for a total transaction of $3,088,328.40.
- On Wednesday, February 25th, Aman Joshi sold 10,000 shares of Bloom Energy stock. The stock was sold at an average price of $175.60, for a total transaction of $1,756,000.00.
- On Tuesday, February 17th, Aman Joshi sold 3,746 shares of Bloom Energy stock. The stock was sold at an average price of $139.81, for a total transaction of $523,728.26.
Bloom Energy Stock Performance
Shares of NYSE BE opened at $135.40 on Friday. Bloom Energy Corporation has a 12-month low of $15.15 and a 12-month high of $180.90. The firm has a market capitalization of $37.99 billion, a price-to-earnings ratio of -356.31, a price-to-earnings-growth ratio of 5.41 and a beta of 3.18. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. The firm has a 50 day moving average of $150.78 and a 200 day moving average of $120.99.
Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. The business had revenue of $777.68 million for the quarter, compared to the consensus estimate of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The company's quarterly revenue was up 35.9% on a year-over-year basis. During the same period last year, the firm earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, research analysts anticipate that Bloom Energy Corporation will post -0.23 earnings per share for the current year.
Analyst Ratings Changes
Several equities analysts recently weighed in on the company. UBS Group reiterated a "buy" rating and set a $170.00 target price on shares of Bloom Energy in a research report on Friday, February 6th. Truist Financial set a $68.00 price objective on Bloom Energy in a research note on Friday, January 9th. Citigroup initiated coverage on Bloom Energy in a research report on Tuesday, February 24th. They set a "neutral" rating and a $162.00 price objective on the stock. Roth Mkm boosted their price objective on Bloom Energy to $133.00 and gave the company a "neutral" rating in a research note on Tuesday, February 3rd. Finally, TD Cowen increased their target price on shares of Bloom Energy to $160.00 and gave the stock a "hold" rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $131.65.
View Our Latest Analysis on BE
Institutional Investors Weigh In On Bloom Energy
A number of hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. grew its holdings in Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock valued at $28,000 after buying an additional 100 shares in the last quarter. WPG Advisers LLC boosted its position in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company's stock valued at $28,000 after acquiring an additional 67 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Bloom Energy in the fourth quarter valued at $28,000. Fifth Third Bancorp bought a new stake in Bloom Energy in the third quarter worth $32,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Bloom Energy in the third quarter worth $32,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.
Bloom Energy Company Profile
(
Get Free Report)
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.
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