Satish Chitoori Sells 2,111 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Corporation (NYSE:BE) insider Satish Chitoori sold 2,111 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $288.24, for a total transaction of $608,474.64. Following the sale, the insider directly owned 210,254 shares in the company, valued at $60,603,612.96. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Tuesday, April 14th, Satish Chitoori sold 20,000 shares of Bloom Energy stock. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00.
• On Monday, March 16th, Satish Chitoori sold 18,964 shares of Bloom Energy stock. The shares were sold at an average price of $154.45, for a total transaction of $2,928,989.80.
• On Tuesday, February 17th, Satish Chitoori sold 1,521 shares of Bloom Energy stock. The shares were sold at an average price of $139.37, for a total transaction of $211,981.77.

Bloom Energy Trading Down 6.2%

BE traded down $17.02 during trading on Monday, reaching $258.93. 10,956,661 shares of the stock traded hands, compared to its average volume of 10,262,570. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The stock has a market capitalization of $73.65 billion, a PE ratio of -5,177.58 and a beta of 3.82. The stock’s 50-day moving average is $195.89 and its 200 day moving average is $150.45. Bloom Energy Corporation has a 12 month low of $17.01 and a 12 month high of $310.00.

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

Key Bloom Energy News

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

• Positive Sentiment: Several recent pieces continue to highlight Bloom Energy as a beneficiary of AI-related power demand, with analysts calling it a key infrastructure play as grid constraints make onsite power more important. Missed Nvidia? Why Tech Analyst Beth Kindig Calls Bloom Energy Tech’s ‘Biggest Outperformer’ After 217% Rally In 2026
• Positive Sentiment: Bloom Energy is also being featured in lists of top clean energy stocks, reinforcing bullish sentiment around its growth prospects and long-term demand outlook. Bloom Energy (BE) – Among the 10 Best Clean Energy Stocks to Buy Right Now
• Positive Sentiment: Investors are also reacting to Bloom Energy’s strong first-quarter results and raised 2026 guidance, which support the company’s fundamental momentum. Bloom Energy (BE) Crushes Q1 Estimates, Raises 2026 Guidance
• Neutral Sentiment: Bloom Energy was mentioned in a broader market roundup as AI and clean-energy names sold off, suggesting the stock is also being pulled down by sector-wide volatility rather than company-specific news alone. Dow Jones Futures: Stocks Mixed As Trump Postpones Iran Attack; Sandisk, Bloom Energy, AI Leaders Sell Off
• Negative Sentiment: Short-term traders are selling BE after its big post-earnings surge, with one report saying the market is now focused on whether the prior rally got ahead of itself. Bloom Energy Stock Is Slumping Monday: What’s Driving The Action?

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Robert W. Baird upped their price objective on shares of Bloom Energy to $242.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Citigroup upped their price objective on shares of Bloom Energy to $281.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Royal Bank Of Canada upped their price objective on shares of Bloom Energy to $335.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $310.00 price objective on shares of Bloom Energy in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $217.48.

Institutional Investors Weigh In On Bloom Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bayforest Capital Ltd purchased a new stake in Bloom Energy in the 1st quarter valued at about $2,055,000. AQR Capital Management LLC purchased a new stake in Bloom Energy in the 1st quarter valued at about $1,820,000. NewEdge Advisors LLC increased its stake in Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after buying an additional 1,626 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Bloom Energy by 50.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after buying an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth increased its stake in Bloom Energy by 30.7% in the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after buying an additional 4,716 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Company Profile

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.