Bloom Energy Corporation (NYSE:BE - Get Free Report) insider Satish Chitoori sold 2,053 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $241.64, for a total transaction of $496,086.92. Following the sale, the insider owned 205,364 shares in the company, valued at $49,624,156.96. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 stock was sold at an average price of $289.11, for a total value of $820,205.07.
Bloom Energy Price Performance
NYSE:BE opened at $208.69 on Wednesday. The firm has a market capitalization of $61.47 billion, a price-to-earnings ratio of 278.26, a PEG ratio of 3.14 and a beta of 3.79. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The business has a 50 day simple moving average of $246.83 and a 200-day simple moving average of $216.26. Bloom Energy Corporation has a 1 year low of $40.56 and a 1 year high of $351.28.
Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.Bloom Energy's quarterly revenue was up 165.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities analysts forecast that Bloom Energy Corporation will post 1.93 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Fortem Financial Group LLC bought a new position in shares of Bloom Energy during the fourth quarter valued at approximately $369,000. Strs Ohio lifted its holdings in Bloom Energy by 24.8% during the fourth quarter. Strs Ohio now owns 41,200 shares of the company's stock worth $3,580,000 after buying an additional 8,200 shares during the period. Norges Bank purchased a new stake in Bloom Energy during the fourth quarter worth $239,683,000. Militia Capital Management LLC bought a new stake in Bloom Energy during the 1st quarter valued at $813,000. Finally, Assenagon Asset Management S.A. boosted its position in Bloom Energy by 3,398.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company's stock valued at $72,611,000 after acquiring an additional 233,020 shares in the last quarter. Institutional investors own 77.04% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on BE. Jefferies Financial Group raised their price objective on shares of Bloom Energy from $188.00 to $229.00 and gave the stock a "hold" rating in a research note on Friday. Sanford C. Bernstein raised their price target on Bloom Energy from $276.00 to $282.00 and gave the stock a "market perform" rating in a research note on Wednesday, July 29th. Susquehanna boosted their price objective on Bloom Energy from $293.00 to $298.00 and gave the company a "positive" rating in a report on Friday, July 10th. BTIG Research reaffirmed a "buy" rating and issued a $295.00 price objective on shares of Bloom Energy in a research report on Wednesday, July 29th. Finally, Oppenheimer reissued a "market perform" rating on shares of Bloom Energy in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $248.05.
Get Our Latest Research Report on Bloom Energy
More Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom’s long-term opportunity remains tied to rising electricity demand from artificial-intelligence data centers. Management reportedly sees visibility into as much as 25 gigawatts of deployments, while the company says its scandium-oxide supply is sufficient to support current demand and backlog. Bloom Energy Says It Has Visibility on 25 Gigawatts of Deployments
- Neutral Sentiment: Institutional positioning is mixed: JPMorgan and Goldman Sachs increased their holdings, while BlackRock, Ameriprise and D. E. Shaw reduced theirs. Analyst opinions are also divided, with JPMorgan rating the stock “Overweight” and Jefferies rating it “Underperform.” The median analyst price target of $278.50 remains above the current trading level, but targets vary widely. Bloom Energy Falls as Investors Appear to Revisit Execution and Project-Timing Risks
- Negative Sentiment: Rising 10-year Treasury yields pressured hydrogen and fuel-cell stocks by making high-growth companies less attractive relative to bonds. Bloom also faces renewed concerns about the timing and execution of major data-center projects, including permitting requirements for Project Jupiter in New Mexico. The stock’s elevated valuation—reported at more than 278 times earnings—amplifies sensitivity to any disappointment. Plug Power Falls, Bloom Energy Sinks With the 10-Year Yield Near a 52-Week High
- Negative Sentiment: Multiple law firms publicized a securities class action involving investors who purchased Bloom securities from February 27, 2025, through July 8, 2026. The complaints allege Bloom misrepresented its exposure to Chinese export controls and U.S. tariffs, including the origin of critical materials and components. These are allegations, not established findings, but the litigation adds headline and potential financial risk; the lead-plaintiff deadline is September 28, 2026. Bloom Energy Shareholder Alert
- Negative Sentiment: Reported insider activity has been exclusively selling over the past six months, including sales by Chief Executive Officer KR Sridhar. While insider sales can reflect personal financial planning, the absence of reported purchases may weigh on investor confidence after the stock’s substantial run-up.
About Bloom Energy
(
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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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