Bloom Energy (NYSE:BE) Shares Down 6.2% After Insider Selling

Bloom Energy Corporation (NYSE:BE) was down 6.2% during mid-day trading on Monday after an insider sold shares in the company. The stock traded as low as $249.01 and last traded at $258.9310. Approximately 10,914,623 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 11,209,151 shares. The stock had previously closed at $275.95.

Specifically, insider Aman Joshi sold 4,813 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.20, for a total value of $1,387,106.60. Following the completion of the sale, the insider owned 175,708 shares in the company, valued at approximately $50,639,045.60. This trade represents a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,746 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $259.42, for a total transaction of $712,367.32. Following the completion of the sale, the insider owned 135,107 shares of the company’s stock, valued at $35,049,457.94. The trade was a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,879 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.10, for a total value of $829,439.90. Following the completion of the sale, the insider owned 137,853 shares in the company, valued at approximately $39,715,449.30. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analysts Set New Price Targets

Several equities research analysts have weighed in on BE shares. Wells Fargo & Company raised their price objective on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. BTIG Research raised their price objective on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. China Renaissance initiated coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued a “buy” rating and a $207.00 target price on the stock. Citigroup raised their target price on shares of Bloom Energy to $281.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $217.48.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy continues to attract bullish attention as a clean-energy and AI infrastructure play, with articles framing it as a solution to rising power-supply constraints for data centers and industrial users.
• Positive Sentiment: Analyst sentiment remains supportive overall, with recent price-target increases and a consensus “Moderate Buy” rating helping underpin the stock’s move higher.
• Positive Sentiment: The company’s latest quarterly results were very strong, with revenue up sharply year over year and EPS far above expectations, which continues to drive momentum in the shares.
• Neutral Sentiment: Bloom Energy insiders have recently sold shares, but the filings indicate these were largely tied to tax withholding from equity awards rather than a clear change in business outlook.
• Negative Sentiment: After a large post-earnings rally, some traders appear to be taking profits, and recent reports note short-term volatility as the stock potentially cools from overbought levels.

Bloom Energy Stock Up 8.0%

The company has a market cap of $80.31 billion, a P/E ratio of -5,645.37 and a beta of 3.82. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm’s 50 day moving average price is $198.40 and its 200-day moving average price is $151.36.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter last year, the firm earned $0.03 EPS. The company’s revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts expect that Bloom Energy Corporation will post 1.31 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Compound Planning Inc. grew its holdings in Bloom Energy by 1.1% during 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 during the period. Blue Trust Inc. grew its holdings in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the period. HB Wealth Management LLC grew its holdings in Bloom Energy by 1.6% during the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after purchasing an additional 54 shares during the period. WPG Advisers LLC grew its holdings in Bloom Energy by 26.4% during the fourth 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. Finally, Sunbelt Securities Inc. grew its holdings in Bloom Energy by 26.1% during the first quarter. Sunbelt Securities Inc. now owns 353 shares of the company’s stock valued at $48,000 after purchasing an additional 73 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

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.