Bloom Energy (NYSE:BE) Insider Sells 7,800 Shares

Bloom Energy Corporation (NYSE:BE) insider Maciej Kurzymski sold 7,800 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $151.85, for a total transaction of $1,184,430.00. Following the completion of the transaction, the insider owned 84,294 shares in the company, valued at approximately $12,800,043.90. The trade was a 8.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Bloom Energy Stock Up 4.1%

Shares of Bloom Energy stock traded up $6.33 on Tuesday, reaching $160.01. The company’s stock had a trading volume of 6,349,131 shares, compared to its average volume of 10,271,483. Bloom Energy Corporation has a 52 week low of $15.15 and a 52 week high of $180.90. The firm’s fifty day simple moving average is $149.94 and its two-hundred day simple moving average is $114.77. The company has a market capitalization of $44.89 billion, a price-to-earnings ratio of -421.09, a P/E/G ratio of 6.27 and a beta of 3.11. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.20. The firm had revenue of $777.68 million for 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 company’s revenue was up 35.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities analysts anticipate that Bloom Energy Corporation will post -0.23 earnings per share for the current year.

Institutional Trading of Bloom Energy

Several large investors have recently added to or reduced their stakes in BE. Bayforest Capital Ltd acquired a new stake in shares of Bloom Energy in the 1st quarter worth $2,055,000. AQR Capital Management LLC purchased a new stake in shares of Bloom Energy in the first quarter valued at about $1,820,000. NewEdge Advisors LLC increased its position in Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after purchasing an additional 1,626 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after purchasing an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in Bloom Energy by 30.7% during the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after purchasing an additional 4,716 shares during the period. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BE shares. Zacks Research cut shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. TD Cowen lifted their target price on shares of Bloom Energy to $160.00 and gave the company a “hold” rating in a research note on Friday, February 6th. UBS Group reiterated a “buy” rating and set a $170.00 target price on shares of Bloom Energy in a research report on Friday, February 6th. Barclays initiated coverage on shares of Bloom Energy in a report on Wednesday, January 28th. They issued an “equal weight” rating and a $153.00 price target on the stock. Finally, BMO Capital Markets lifted their target price on Bloom Energy to $149.00 and gave the stock a “market perform” rating in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $131.87.

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.