Bloom Energy (NYSE:BE) Insider Shawn Marie Soderberg Sells 3,332 Shares

Bloom Energy Corporation (NYSE:BE) insider Shawn Marie Soderberg sold 3,332 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $139.56, for a total transaction of $465,013.92. Following the transaction, the insider owned 219,871 shares in the company, valued at $30,685,196.76. This represents a 1.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Bloom Energy Price Performance

BE traded down $5.35 during trading on Friday, reaching $153.65. The stock had a trading volume of 2,954,985 shares, compared to its average volume of 12,252,381. Bloom Energy Corporation has a 1-year low of $15.15 and a 1-year high of $176.49. The firm has a market capitalization of $43.11 billion, a price-to-earnings ratio of -404.83, a price-to-earnings-growth ratio of 6.50 and a beta of 3.07. The stock has a 50 day moving average of $125.74 and a two-hundred day moving average of $99.60. 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 posted its quarterly earnings data on Thursday, February 5th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company had revenue of $777.68 million for the quarter, compared to the consensus estimate of $647.59 million. During the same quarter in the previous year, the business earned $0.43 EPS. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, equities analysts anticipate that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. HSBC upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a report on Wednesday, October 29th. TD Cowen upped their price target on Bloom Energy to $160.00 and gave the company a “hold” rating in a report on Friday, February 6th. Roth Mkm raised their price objective on Bloom Energy to $133.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Finally, Bank of America set a $39.00 target price on Bloom Energy in a research report on Tuesday, November 25th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $130.50.

Institutional Inflows and Outflows

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

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.