Bloom Energy (NYSE:BE) Stock Price Down 1.5% – Should You Sell?

Bloom Energy Corporation (NYSE:BE)’s share price was down 1.5% on Thursday . The company traded as low as $155.65 and last traded at $156.7430. Approximately 9,133,420 shares changed hands during trading, a decline of 24% from the average daily volume of 11,970,792 shares. The stock had previously closed at $159.21.

Analyst Ratings Changes

A number of research firms recently issued reports on BE. Jefferies Financial Group set a $102.00 price objective on Bloom Energy in a research report on Tuesday, February 10th. Mizuho raised their target price on Bloom Energy to $110.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Evercore reissued an “outperform” rating and set a $179.00 price target on shares of Bloom Energy in a report on Friday, February 6th. Roth Mkm increased their price objective on shares of Bloom Energy to $133.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. Finally, Daiwa Securities Group set a $98.00 price objective on shares of Bloom Energy in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $131.87.

Bloom Energy Stock Down 1.5%

The company has a market cap of $43.97 billion, a price-to-earnings ratio of -412.48, a price-to-earnings-growth ratio of 6.29 and a beta of 3.11. The stock has a 50-day simple moving average of $145.29 and a 200-day simple moving average of $111.41. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a positive return on equity of 7.88% and a negative net margin of 4.37%.The company had revenue of $777.68 million for the quarter, compared to analyst estimates of $647.59 million. During the same period last year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. As a group, analysts predict that Bloom Energy Corporation will post -0.23 EPS for the current year.

Insider Activity at Bloom Energy

In other Bloom Energy news, Director Gary S. Pinkus sold 1,250 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.80, for a total transaction of $207,250.00. Following the sale, the director directly owned 4,149 shares in the company, valued at approximately $687,904.20. The trade was a 23.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Satish Chitoori sold 1,521 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $139.37, for a total transaction of $211,981.77. Following the completion of the sale, the insider directly owned 230,017 shares of the company’s stock, valued at approximately $32,057,469.29. This represents a 0.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 268,788 shares of company stock worth $45,575,889 in the last three months. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Bloom Energy

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Bloom Energy by 6.3% during the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock valued at $1,759,726,000 after purchasing an additional 1,240,819 shares during the period. Geode Capital Management LLC raised its stake in shares of Bloom Energy by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after buying an additional 269,662 shares in the last quarter. Graticule Asia Macro Advisors LLC acquired a new stake in shares of Bloom Energy in the third quarter valued at $402,494,000. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy in the fourth quarter valued at $347,560,000. Finally, Trivest Advisors Ltd boosted its stake in Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after buying an additional 3,201,000 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

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.