Bloom Energy (NYSE:BE) Director John Chambers Sells 55,000 Shares

Key Points

  • Director John Chambers sold 55,000 Bloom Energy shares on May 28 at an average price of $297.69, for proceeds of about $16.37 million. After the sale, he still held 238,333 shares, reducing his stake by 18.75%.
  • Bloom Energy reported strong quarterly results, posting $0.44 EPS versus the $0.12 consensus and revenue of $751.05 million versus expectations of $539.94 million. Quarterly revenue jumped 130.4% year over year, and the company guided FY 2026 EPS to 1.85–2.25.
  • The company is drawing attention from AI infrastructure deals and analysts, including an Oracle partnership for gigawatt-scale fuel-cell power for data centers and reports of other large AI-related agreements. Analysts currently rate the stock a “Moderate Buy” on average, with a consensus target price of $217.48.

Bloom Energy Corporation (NYSE:BE - Get Free Report) Director John Chambers sold 55,000 shares of the company's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total value of $16,372,950.00. Following the completion of the sale, the director owned 238,333 shares in the company, valued at approximately $70,949,350.77. This represents a 18.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Bloom Energy Stock Performance

BE opened at $287.38 on Thursday. The stock's 50 day simple moving average is $228.90 and its 200 day simple moving average is $163.94. The stock has a market cap of $81.74 billion, a P/E ratio of -5,746.53 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. Bloom Energy Corporation has a 1-year low of $19.97 and a 1-year high of $322.83.

Bloom Energy (NYSE:BE - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analysts' expectations 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 prior year, the firm earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Bloom Energy




Several hedge funds and other institutional investors have recently added to or reduced their stakes in BE. Blue Trust Inc. increased its holdings in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company's stock valued at $25,000 after buying an additional 51 shares in the last quarter. Anchor Investment Management LLC purchased a new position in Bloom Energy during the 1st quarter worth approximately $27,000. WPG Advisers LLC grew its position in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company's stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Hantz Financial Services Inc. grew its position in Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock worth $28,000 after purchasing an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. increased its stake in shares of Bloom Energy by 2,000.0% in the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company's stock worth $28,000 after acquiring an additional 200 shares during the last quarter. Institutional investors own 77.04% of the company's stock.

Key Bloom Energy News

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

Analysts Set New Price Targets

Several research analysts have commented on the company. Royal Bank Of Canada raised their price objective on Bloom Energy to $335.00 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. Barclays raised their price objective on Bloom Energy to $254.00 and gave the company an "equal weight" rating in a research report on Monday, May 11th. Wells Fargo & Company raised their price objective on Bloom Energy to $217.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 29th. Mizuho set a $285.00 price objective on Bloom Energy in a research report on Friday, May 1st. Finally, BMO Capital Markets raised their price objective on Bloom Energy to $149.00 and gave the company a "market perform" rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $217.48.

Check Out Our Latest Research Report on BE

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.

Featured Stories

Insider Buying and Selling by Quarter for Bloom Energy (NYSE:BE)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Bloom Energy?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Bloom Energy and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles