Bloom Energy (NYSE:BE) CAO Maciej Kurzymski Sells 2,259 Shares

Bloom Energy Corporation (NYSE:BE) CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the sale, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Maciej Kurzymski also recently made the following trade(s):

• On Wednesday, May 13th, Maciej Kurzymski sold 6,229 shares of Bloom Energy stock. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44.

Bloom Energy Trading Up 1.5%

Shares of NYSE BE opened at $285.09 on Thursday. Bloom Energy Corporation has a 12 month low of $20.93 and a 12 month high of $322.83. The company has a market cap of $81.09 billion, a price-to-earnings ratio of -5,700.68 and a beta of 3.73. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The business has a fifty day simple moving average of $254.92 and a 200-day simple moving average of $175.55.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same period in the prior year, the business posted $0.03 earnings per share. Bloom Energy’s revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current year.

Key Bloom Energy News

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

• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy (BE) to “hold”, which is a step up from its prior stance and may help support sentiment around the stock. Zacks.com
• Positive Sentiment: Recent commentary highlighted Bloom Energy as a beneficiary of the AI data-center buildout, citing its behind-the-meter solid oxide fuel cell solution as a fast-deploying power option for customers needing reliable electricity. Bull of the Day: Bloom Energy (BE)
• Neutral Sentiment: Bloom Energy has also been noted as outperforming the broader market in recent trading, reflecting continued momentum in the shares. Bloom Energy (BE) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: Several insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski, and Aman Joshi, sold shares this week. The company said the trades were tied to tax withholding from equity vesting, but insider selling can still weigh on investor sentiment.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. PVG Asset Management Corp acquired a new position in Bloom Energy during the first quarter valued at $1,353,000. Rathbones Group PLC acquired a new position in Bloom Energy in the 1st quarter worth about $231,000. DV Trading LLC increased its position in Bloom Energy by 717.8% in the 1st quarter. DV Trading LLC now owns 1,701 shares of the company’s stock worth $230,000 after purchasing an additional 1,493 shares during the last quarter. Parallel Advisors LLC increased its position in Bloom Energy by 30.3% in the 1st quarter. Parallel Advisors LLC now owns 5,523 shares of the company’s stock worth $748,000 after purchasing an additional 1,284 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Bloom Energy by 17.1% in the 1st quarter. NewEdge Advisors LLC now owns 31,396 shares of the company’s stock worth $4,254,000 after purchasing an additional 4,580 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Barclays upped their target price on Bloom Energy to $254.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. JPMorgan Chase & Co. upped their price target on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research report on Tuesday, April 14th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a research report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $220.14.

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.