Bloom Energy (NYSE:BE) Insider Sells 2,870 Shares

Key Points

• Insider sale: Satish Chitoori sold 2,870 Bloom Energy shares for approximately $775,000 at an average price of $270.06. The transaction, which reduced his holdings by 1.4%, was reportedly made to cover tax withholding on vested equity awards.
• Strong operating results: Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year, and EPS of $0.78—beating analysts’ estimate of $0.39. The company guided to fiscal 2026 EPS of $2.55–$2.85.
• Mixed investment outlook: Shares recently traded near $265.77, while analysts maintain a “Moderate Buy” consensus and an average price target of $254.14. Potential catalysts include AI data-center power demand, but securities-litigation notices and elevated valuation metrics remain risks.

Bloom Energy Corporation (NYSE:BE - Get Free Report) insider Satish Chitoori sold 2,870 shares of the company's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the transaction, the insider owned 202,494 shares of the company's stock, valued at $54,685,529.64. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Satish Chitoori also recently made the following trade(s):

• On Friday, August 14th, Satish Chitoori sold 2,053 shares of Bloom Energy stock. The shares were sold at an average price of $241.64, for a total value of $496,086.92.

Bloom Energy Price Performance

BE stock traded down $14.99 during midday trading on Friday, reaching $265.77. 73,369,313 shares of the stock were exchanged, compared to its average volume of 12,920,817. The stock has a market capitalization of $78.28 billion, a PE ratio of 354.36, a P/E/G ratio of 3.45 and a beta of 3.80. Bloom Energy Corporation has a 52 week low of $61.37 and a 52 week high of $351.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The company has a fifty day moving average price of $225.22 and a 200 day moving average price of $229.17.

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, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same period last year, the company earned $0.10 earnings per share. The business's quarterly revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts expect that Bloom Energy Corporation will post 2.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. boosted its position in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company's stock valued at $34,000 after acquiring an additional 37 shares during the last quarter. Compound Planning Inc. raised its position in shares of Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company's stock worth $467,000 after acquiring an additional 38 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in shares of Bloom Energy by 51.7% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock valued at $41,000 after purchasing an additional 46 shares during the period. Blue Trust Inc. lifted its stake in shares of Bloom Energy by 37.2% in the 1st 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. Finally, Odyssean LLC boosted its position in shares of Bloom Energy by 1.8% during the 2nd quarter. Odyssean LLC now owns 2,926 shares of the company's stock valued at $886,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 77.04% of the company's stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: AI data-center power opportunity: Bloom highlighted an 800V DC-native fuel-cell architecture designed for AI data centers. The company says the system can eliminate traditional transformers, reduce power-conversion losses and capital costs, and shorten deployment timelines. Investors view the technology as a potential catalyst for future data-center demand. Why Could Bloom Energy Change AI Data Center Power Economics?
• Positive Sentiment: Supportive policy backdrop: Fuel-cell stocks rallied after the U.S. House reportedly shifted certain data-center power costs toward operators, improving the potential economics of on-site generation. Bloom Energy participated in that sector-wide advance. FuelCell Jumps as House Shifts Data Center Power Costs to Operators
• Positive Sentiment: Strong recent momentum and analyst support: Bloom was identified among green stocks outperforming clean-energy ETFs and major benchmarks in 2026, while a separate report said analysts maintained an overall “Moderate Buy” view. These factors may have contributed to recent buying interest.
• Neutral Sentiment: Brand and community initiative: Bloom honored Louisville first responders and donated to the Louisville Fire Foundation during its ESPN College Football Campus Tour partnership. The announcement supports corporate visibility but is unlikely to materially affect near-term revenue or earnings. Bloom Energy Honors Louisville First Responders
• Negative Sentiment: Multiple securities-litigation notices: Several law firms publicized a shareholder class action and a September 28 deadline to seek lead-plaintiff status. The allegations relate to claims that Bloom’s shares were artificially inflated before a July 8 report concerning alleged Chinese scandium sourcing. The notices add reputational and potential legal-risk concerns, although they do not establish wrongdoing or quantify any liability.

Analysts Set New Price Targets

BE has been the topic of a number of research reports. Truist Financial reduced their target price on shares of Bloom Energy from $250.00 to $218.00 and set a "hold" rating on the stock in a report on Wednesday, July 29th. Evercore reaffirmed an "outperform" rating on shares of Bloom Energy in a research note on Friday, August 7th. BMO Capital Markets cut their price target on shares of Bloom Energy from $279.00 to $227.00 and set a "market perform" rating on the stock in a report on Wednesday, July 29th. TD Cowen reissued a "hold" rating and issued a $235.00 price objective on shares of Bloom Energy in a research note on Monday, July 20th. Finally, Sanford C. Bernstein restated a "market perform" rating and issued a $282.00 price objective on shares of Bloom Energy in a report on Thursday, August 27th. Three equities 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Bloom Energy has an average rating of "Moderate Buy" and a consensus price target of $254.14.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.

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