Bloom Energy (NYSE:BE) Stock Price Down 8.5% After Insider Selling

Bloom Energy Corporation (NYSE:BE)’s stock price traded down 8.5% during mid-day trading on Friday after an insider sold shares in the company. The stock traded as low as $275.40 and last traded at $277.4840. 9,634,164 shares were traded during mid-day trading, a decline of 14% from the average session volume of 11,207,290 shares. The stock had previously closed at $303.41.

Specifically, CAO Maciej Kurzymski sold 6,229 shares of Bloom Energy stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the completion of the sale, the chief accounting officer owned 81,945 shares in the company, valued at approximately $24,039,385.20. This trade represents a 7.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. BTIG Research lifted their price target on Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Susquehanna lifted their price target on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Mizuho set a $285.00 price target on Bloom Energy in a research report on Friday, May 1st. Roth Mkm set a $225.00 price target on Bloom Energy in a research report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $217.48.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy landed its largest single order to date through Federal Pacific, a multi-phase contract for switchgear and engineering services tied to an AI data center project, signaling stronger demand for Bloom’s power infrastructure products. Article Title
• Positive Sentiment: Analysts and brokerages continue to view BE favorably, with coverage pointing to an average “Moderate Buy” rating and multiple raised price targets after the company’s strong quarterly results. Article Title
• Positive Sentiment: Market commentary continues to frame Bloom Energy as a high-momentum AI power stock, with articles noting that the company could still have room to run after its earnings beat and revenue surge. Article Title
• Neutral Sentiment: Bloom Energy remains one of the best-performing large-cap stocks year to date, but that strong run also raises valuation concerns for some investors. Article Title
• Negative Sentiment: Insider selling by CAO Maciej Kurzymski, who sold 6,229 shares, may modestly weigh on sentiment even though he still holds a large position. Article Title

Bloom Energy Stock Down 8.5%

The stock has a 50-day moving average of $191.65 and a two-hundred day moving average of $148.24. The company has a market cap of $78.93 billion, a P/E ratio of -5,548.57 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, research analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Institutional Trading of Bloom Energy

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Bloom Energy by 6.3% in the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after buying an additional 1,240,819 shares during the last quarter. Geode Capital Management LLC lifted its position in Bloom Energy by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after buying an additional 269,662 shares during the last quarter. Graticule Asia Macro Advisors LLC bought a new stake in Bloom Energy in the 3rd quarter worth approximately $402,494,000. Brooklands Fund Management Ltd bought a new stake in Bloom Energy in the 4th quarter worth approximately $347,560,000. Finally, Trivest Advisors Ltd lifted its position in Bloom Energy by 1,461.6% in the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after buying an additional 3,201,000 shares during the last quarter. Institutional investors own 77.04% of the company’s stock.

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.