Bloom Energy (NYSE:BE) Insider Aman Joshi Sells 8,437 Shares of Company Stock

Key Points

• Insider sale: Aman Joshi sold 8,437 Bloom Energy shares at an average price of $277.17, generating approximately $2.34 million. He retained 147,092 shares after the transaction, a 5.42% reduction in his position.
• Strong operating results: Bloom Energy reported quarterly earnings of $0.78 per share, beating estimates by $0.39, while revenue reached $1.07 billion—up 165.5% year over year.
• Stock and outlook: Shares traded at $289.48, near the upper end of their 52-week range, with a market capitalization of $85.26 billion and a very high P/E ratio of 385.98. Analysts maintain a “Moderate Buy” consensus, though the average price target of $257.18 is below the current share price.

Bloom Energy Corporation (NYSE:BE - Get Free Report) insider Aman Joshi sold 8,437 shares of the firm's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider owned 147,092 shares in the company, valued at approximately $40,769,489.64. The trade was a 5.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Aman Joshi also recently made the following trade(s):

• On Wednesday, September 16th, Aman Joshi sold 3,601 shares of Bloom Energy stock. The stock was sold at an average price of $269.94, for a total value of $972,053.94.
• On Friday, August 14th, Aman Joshi sold 4,677 shares of Bloom Energy stock. The shares were sold at an average price of $241.75, for a total value of $1,130,664.75.

Bloom Energy Stock Performance

BE traded up $11.90 during trading on Friday, reaching $289.48. 12,859,507 shares of the company's stock were exchanged, compared to its average volume of 13,019,355. Bloom Energy Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The business has a 50 day moving average price of $235.50 and a 200 day moving average price of $237.63. The company has a market capitalization of $85.26 billion, a P/E ratio of 385.98, a PEG ratio of 3.54 and a beta of 3.76.

Bloom Energy (NYSE:BE - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.Bloom Energy's revenue was up 165.5% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts predict that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bloom Energy

Institutional investors have recently bought and sold shares of the company. Brooklands Fund Management Ltd bought a new position in shares of Bloom Energy in the fourth quarter valued at $347,560,000. Jennison Associates LLC raised its position in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company's stock worth $364,066,000 after acquiring an additional 2,673,710 shares in the last quarter. Bank of America Corp DE lifted its stake in Bloom Energy by 6.1% in the first quarter. Bank of America Corp DE now owns 2,211,880 shares of the company's stock valued at $299,688,000 after acquiring an additional 126,649 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Bloom Energy by 63.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,026,245 shares of the company's stock valued at $176,060,000 after acquiring an additional 783,040 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Bloom Energy by 8.6% in the 4th quarter. Bank of New York Mellon Corp now owns 1,948,521 shares of the company's stock valued at $169,307,000 after acquiring an additional 154,049 shares during the period. Institutional investors own 77.04% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BE shares. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $282.00 price objective on shares of Bloom Energy in a research note on Thursday, August 27th. Robert W. Baird reiterated an "outperform" rating and set a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Wells Fargo & Company cut their price target on Bloom Energy from $217.00 to $176.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 30th. Mizuho raised their price target on Bloom Energy from $242.00 to $351.00 and gave the stock an "outperform" rating in a research report on Monday, September 14th. Finally, UBS Group reaffirmed a "buy" rating and set a $325.00 price objective on shares of Bloom Energy in a research note on Monday, September 7th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Bloom Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.18.

Bloom Energy News Summary

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

• Positive Sentiment: Virginia’s 5-gigawatt opportunity: RBC Capital reiterated its Outperform rating and $335 price target, saying Virginia’s 2026 Energy Plan creates a favorable framework for Bloom’s fuel-cell technology. The plan is viewed as a potential source of substantial future demand for onsite power generation. Bloom Energy Stock Jumps as RBC Capital Highlights 5GW Virginia Policy Opportunity
• Positive Sentiment: AI data-center demand: Analysts continue to identify Bloom as a beneficiary of surging electricity needs from AI infrastructure. Its ability to provide reliable, onsite power is strengthening the investment case for fuel-cell suppliers. Bloom Energy Stock Hiked As AI-Driven Fuel-Cell Market Booms
• Positive Sentiment: Industry-wide momentum: Money is moving into onsite-power and hydrogen-related stocks, lifting Bloom alongside FuelCell Energy. The broader sector rally is adding momentum to BE shares, although the move is not company-specific. FuelCell Jumps, Bloom Energy Climbs as Hydrogen Stocks Rally
• Neutral Sentiment: Bloom’s recent rally follows a 29% September gain and has brought the stock near a technical buy point, attracting momentum-oriented investors. Its elevated valuation means expectations for continued growth are already substantial.
• Negative Sentiment: Bloom’s latest record quarter relied heavily on equipment sales, which represented nearly 90% of revenue. A slowdown in that category could expose the stock after its sharp advance and leave investors vulnerable to a pullback. Should Bloom Energy Stock Investors Worry About Its Record Quarter?

Bloom Energy Company Profile

Bloom Energy Corporation NYSE: BE develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company's distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.

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