Aman Joshi Sells 3,746 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Corporation (NYSE:BE) insider Aman Joshi sold 3,746 shares of Bloom Energy stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $139.81, for a total transaction of $523,728.26. Following the transaction, the insider owned 201,072 shares of the company’s stock, valued at $28,111,876.32. The trade was a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Bloom Energy Stock Up 1.0%

Shares of Bloom Energy stock traded up $1.58 during midday trading on Thursday, hitting $158.85. The company had a trading volume of 8,539,736 shares, compared to its average volume of 11,207,462. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. The stock has a market capitalization of $44.57 billion, a P/E ratio of -418.04, a P/E/G ratio of 6.50 and a beta of 3.07. The company has a 50 day moving average of $125.74 and a 200 day moving average of $99.60. Bloom Energy Corporation has a 52-week low of $15.15 and a 52-week high of $176.49.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The business had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The firm’s quarterly revenue was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, equities analysts predict that Bloom Energy Corporation will post -0.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on BE shares. Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 6th. Jefferies Financial Group set a $102.00 target price on shares of Bloom Energy in a report on Tuesday, February 10th. BTIG Research increased their price target on shares of Bloom Energy to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. TD Cowen boosted their price objective on shares of Bloom Energy to $160.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Finally, Bank of America set a $39.00 price objective on Bloom Energy in a research note on Tuesday, November 25th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $130.50.

Institutional Investors Weigh In On Bloom Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. WPG Advisers LLC raised its stake in 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 purchasing an additional 67 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Bloom Energy during the fourth quarter worth $28,000. N.E.W. Advisory Services LLC purchased a new position in Bloom Energy during the third quarter valued at $32,000. Finally, Fifth Third Bancorp purchased a new position in Bloom Energy during the third quarter valued at $32,000. 77.04% of the stock is owned by institutional investors.

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.