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 business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the transaction, the insider directly owned 163,807 shares in the company, valued at $49,202,708.59. This trade represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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 shares were sold at an average price of $288.20, for a total transaction of $1,387,106.60.

Bloom Energy Trading Down 6.3%

BE opened at $271.13 on Friday. The firm has a market capitalization of $77.12 billion, a P/E ratio of -5,421.48 and a beta of 3.73. The firm’s 50 day moving average is $280.49 and its 200-day moving average is $190.83. Bloom Energy Corporation has a 52-week low of $22.81 and a 52-week high of $351.28. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last posted 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 business had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts expect that Bloom Energy Corporation will post 1.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Compound Planning Inc. increased its stake in Bloom Energy by 1.1% in the first quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock valued at $467,000 after purchasing an additional 38 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after buying an additional 54 shares during the period. Glenmede Trust Co. NA increased its holdings in shares of Bloom Energy by 0.7% in the first quarter. Glenmede Trust Co. NA now owns 8,382 shares of the company’s stock worth $1,136,000 after acquiring an additional 55 shares in the last quarter. Finally, WPG Advisers LLC grew its position in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy and Brookfield expanded their AI power-financing framework to $25 billion, a fivefold increase that boosts the outlook for Bloom’s fuel-cell deployments in data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
• Positive Sentiment: Coverage highlighting Bloom Energy’s position as a key AI power-infrastructure beneficiary is helping reinforce the stock’s growth narrative and investor enthusiasm. Bloom Energy’s $25B partnership targets AI’s next bottleneck
• Neutral Sentiment: An insider sale by Chief Commercial Officer Aman Joshi was disclosed, which may create some caution, but the transaction was relatively small versus his remaining holdings and appears more like routine selling than a fundamental change in the business outlook.
• Negative Sentiment: Bloom Energy was downgraded by Zacks Research from “strong-buy” to “hold,” which could temper some near-term upside expectations. Zacks downgrade coverage
• Negative Sentiment: Some commentary says the stock may already be priced for near-perfect execution after a huge run-up, raising valuation-risk concerns if Bloom fails to deliver on its ambitious AI backlog.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Morgan Stanley reaffirmed an “overweight” rating and set a $310.00 target price on shares of Bloom Energy in a research report on Wednesday, April 29th. Sanford C. Bernstein started coverage on Bloom Energy in a research note on Tuesday, June 16th. They issued a “market perform” rating and a $276.00 price target on the stock. Evercore reissued an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a report on Wednesday. Finally, UBS Group increased their price target on Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $236.14.

About Bloom Energy

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.