Bloom Energy (NYSE:BE) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Representative Gilbert Ray Cisneros, Jr. recently acquired between $1,001 and $15,000 in Bloom Energy stocks, highlighting confidence in the company as disclosed in a filing on October 10th.
• Bloom Energy reported a 19.5% year-over-year revenue increase with quarterly earnings of $0.10 per share, surpassing analysts' expectations and reflecting positive financial performance.
• Several analysts have upgraded their price targets for Bloom Energy, with Robert W. Baird boosting theirs from $45.00 to $61.00, indicating growing optimism about the company's future.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Bloom Energy Corporation (NYSE:BE). In a filing disclosed on October 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Bloom Energy stock on September 26th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

Bloom Energy Price Performance

Shares of BE traded down $4.18 during mid-day trading on Tuesday, reaching $105.73. 4,615,366 shares of the company's stock were exchanged, compared to its average volume of 8,556,445. The company has a quick ratio of 3.21, a current ratio of 4.99 and a debt-to-equity ratio of 2.18. The company has a 50-day simple moving average of $63.06 and a two-hundred day simple moving average of $36.20. Bloom Energy Corporation has a 52-week low of $9.02 and a 52-week high of $115.21. The company has a market cap of $24.74 billion, a price-to-earnings ratio of 2,649.49, a PEG ratio of 137.79 and a beta of 3.48.

Bloom Energy (NYSE:BE - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.08. Bloom Energy had a net margin of 1.45% and a return on equity of 6.80%. The business had revenue of $401.24 million during the quarter, compared to analysts' expectations of $382.23 million. During the same period last year, the company posted ($0.06) EPS. The company's revenue was up 19.5% on a year-over-year basis. Bloom Energy has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BE has been the subject of several analyst reports. Robert W. Baird boosted their price target on Bloom Energy from $45.00 to $61.00 and gave the company an "outperform" rating in a report on Thursday, September 4th. BTIG Research boosted their price target on Bloom Energy from $42.00 to $80.00 and gave the company a "buy" rating in a report on Monday, September 29th. Bank of America boosted their price target on Bloom Energy from $21.00 to $24.00 and gave the company an "underperform" rating in a report on Tuesday, September 23rd. Wells Fargo & Company boosted their price target on Bloom Energy from $38.00 to $65.00 and gave the company an "equal weight" rating in a report on Friday, September 12th. Finally, Hsbc Global Res downgraded Bloom Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $61.70.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Maciej Kurzymski sold 2,474 shares of the business's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $70.47, for a total value of $174,342.78. Following the transaction, the insider owned 106,374 shares in the company, valued at $7,496,175.78. The trade was a 2.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kr Sridhar sold 60,000 shares of the business's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $49.70, for a total transaction of $2,982,000.00. Following the completion of the transaction, the chief executive officer owned 2,368,951 shares in the company, valued at $117,736,864.70. This represents a 2.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 302,205 shares of company stock worth $14,919,283 over the last three months. Insiders own 3.50% of the company's stock.

Institutional Trading of Bloom Energy

Several institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC grew its stake in shares of Bloom Energy by 75.7% during the 3rd quarter. Sound Income Strategies LLC now owns 1,553 shares of the company's stock valued at $135,000 after buying an additional 669 shares during the period. Flputnam Investment Management Co. purchased a new stake in Bloom Energy during the 3rd quarter worth $800,000. KMG Fiduciary Partners LLC purchased a new stake in Bloom Energy during the 3rd quarter worth $443,000. Long Run Wealth Advisors LLC purchased a new stake in Bloom Energy during the 3rd quarter worth $541,000. Finally, FCG Investment Co purchased a new stake in Bloom Energy during the 3rd quarter worth $3,116,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Bloom Energy

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

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