Bloom Energy (NYSE:BE) Insider Aman Joshi Sells 8,343 Shares

Bloom Energy Corporation (NYSE:BE) insider Aman Joshi sold 8,343 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the transaction, the insider directly owned 163,807 shares of the company’s stock, valued at $49,202,708.59. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Aman Joshi also recently made the following trade(s):

• On Tuesday, June 16th, Aman Joshi sold 3,558 shares of Bloom Energy stock. The stock was sold at an average price of $289.14, for a total value of $1,028,760.12.
• On Thursday, May 14th, Aman Joshi sold 4,813 shares of Bloom Energy stock. The stock was sold at an average price of $288.20, for a total value of $1,387,106.60.

Bloom Energy Price Performance

Shares of Bloom Energy stock traded down $18.37 during trading hours on Thursday, reaching $271.13. The company’s stock had a trading volume of 15,720,350 shares, compared to its average volume of 11,675,556. The stock has a market cap of $77.12 billion, a P/E ratio of -5,421.48 and a beta of 3.72. Bloom Energy Corporation has a one year low of $22.81 and a one year high of $351.28. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The firm has a 50 day moving average price of $279.49 and a 200-day moving average price of $189.59.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million during 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%.The company’s quarterly revenue was up 130.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current year.

Wall Street Analysts Forecast Growth

BE has been the subject of several analyst reports. UBS Group raised their price objective on shares of Bloom Energy from $322.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a report on Wednesday, June 10th. Citigroup reaffirmed a “neutral” rating on shares of Bloom Energy in a research report on Thursday, May 28th. Morgan Stanley reissued an “overweight” rating and set a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Bloom Energy has an average rating of “Hold” and a consensus price target of $236.14.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy and Brookfield expanded their AI infrastructure power-financing framework to $25 billion, a fivefold increase that signals much stronger demand for Bloom’s fuel-cell systems in data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
• Positive Sentiment: Commentary across multiple outlets highlights Bloom as a key beneficiary of AI’s power bottleneck, with investors betting its onsite power solution can support rapid data-center expansion and fuel continued backlog growth. Bloom Energy’s $25B partnership targets AI’s next bottleneck
• Positive Sentiment: Bloom’s recent operating results also support the rally, with quarterly revenue up sharply year over year and earnings beating estimates, giving bulls more confidence that the AI demand story is translating into real sales growth. Bloom Energy is jumping. Here’s why.
• Neutral Sentiment: Some analysts and market commentators warn that BE has already had a huge run and now trades at a valuation that assumes near-perfect execution, which could make the stock vulnerable if growth slows. Bloom Energy Stock Is Priced For A Perfect Future, But Is Its AI Power Play Just Beginning?
• Negative Sentiment: Zacks Research downgraded Bloom Energy to “hold,” reflecting some caution after the stock’s dramatic surge. Bloom Energy was downgraded by Zacks Research from strong-buy to hold

Hedge Funds Weigh In On Bloom Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in BE. Geode Capital Management LLC lifted its stake in Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after acquiring an additional 269,662 shares during the period. Brooklands Fund Management Ltd bought a new stake in shares of Bloom Energy in the 4th quarter valued at about $347,560,000. Amundi raised its holdings in shares of Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares in the last quarter. Norges Bank bought a new position in shares of Bloom Energy during the fourth quarter valued at approximately $239,683,000. Finally, Jennison Associates LLC increased its holdings in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the period. 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.