Bloom Energy (NYSE:BE) CEO Kr Sridhar Sells 200,000 Shares of Stock

Bloom Energy Corporation (NYSE:BE) CEO Kr Sridhar sold 200,000 shares of Bloom Energy stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $170.00, for a total transaction of $34,000,000.00. Following the completion of the transaction, the chief executive officer owned 2,189,869 shares in the company, valued at approximately $372,277,730. The trade was a 8.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bloom Energy Stock Performance

NYSE BE opened at $168.74 on Friday. The company has a 50-day simple moving average of $133.47 and a two-hundred day simple moving average of $103.98. Bloom Energy Corporation has a 12-month low of $15.15 and a 12-month high of $180.90. The firm has a market cap of $47.34 billion, a price-to-earnings ratio of -444.05, a PEG ratio of 7.13 and a beta of 3.07. 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 earnings results on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The company had revenue of $777.68 million during the quarter, compared to analyst estimates of $647.59 million. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.Bloom Energy’s revenue for the quarter was up 35.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 EPS. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, equities analysts forecast that Bloom Energy Corporation will post -0.23 EPS for the current year.

Analyst Upgrades and Downgrades

BE has been the topic of a number of recent analyst reports. UBS Group reiterated a “buy” rating and issued a $170.00 price objective on shares of Bloom Energy in a research report on Friday, February 6th. BTIG Research raised their price target on Bloom Energy to $165.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, January 27th. Mizuho boosted their price target on shares of Bloom Energy to $110.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Finally, Royal Bank Of Canada set a $143.00 price target on shares of Bloom Energy in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $131.87.

More Bloom Energy News

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

• Positive Sentiment: Brookfield partnership: Bloom and Brookfield announced a program worth up to $5 billion to deploy Bloom’s fuel‑cell systems for AI data centers and factories, validating Bloom’s role as a supplier to high‑density AI infrastructure and supporting growth runway. Bloom-Brookfield Deal
• Positive Sentiment: Strong fundamentals & guidance: Recent reporting and analyst notes highlight a backlog surge (product backlog up to ~$6B, total backlog cited ~$20B) and FY‑2026 revenue/gross‑margin targets that point to rapid revenue growth and margin improvement. That underpins the growth narrative for AI and clean‑power customers. Backlog & Guidance
• Positive Sentiment: Momentum: BE has dramatically outperformed YTD and over the past year as investors bet on clean power + AI demand, attracting coverage and momentum traders. Zacks and other outlets note the strong YTD gains and investor interest. Zacks YTD Note
• Neutral Sentiment: High profile commentary: Jim Cramer called the shares “incredibly volatile” but said he’d feel more comfortable recommending BE after a pullback — a visibility boost but not a fresh catalyst. Cramer Comment
• Neutral Sentiment: Citi initiation: Citi started coverage with a neutral rating and a $162 target, signaling an evenly balanced near‑term view despite the company’s upside narrative. That helped cap upside expectations after the rally. Citi Initiation
• Negative Sentiment: Insider selling: CEO Kr Sridhar sold 200,000 shares (~$34M) on Feb. 24, a meaningful reduction in his stake that can be read as profit‑taking after the rally and may increase near‑term selling pressure. SEC Filing
• Negative Sentiment: Valuation risk: Multiple commentary pieces (Seeking Alpha, others) warn the stock looks “priced for perfection,” highlighting expensive multiples, margin assumptions and execution risk — a key reason some investors are taking profits now. Valuation Note

Hedge Funds Weigh In On Bloom Energy

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