Maciej Kurzymski Sells 2,259 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy Corporation (NYSE:BE) CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total value of $651,992.58. Following the sale, the chief accounting officer owned 79,686 shares of the company’s stock, valued at $22,998,973.32. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Maciej Kurzymski also recently made the following trade(s):

• On Wednesday, May 13th, Maciej Kurzymski sold 6,229 shares of Bloom Energy stock. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44.

Bloom Energy Price Performance

Shares of BE stock opened at $328.38 on Friday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. Bloom Energy Corporation has a twelve month low of $21.41 and a twelve month high of $329.51. The company has a market cap of $93.40 billion, a P/E ratio of -6,566.29 and a beta of 3.73. The business has a fifty day simple moving average of $258.78 and a 200 day simple moving average of $177.09.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BE shares. Morgan Stanley reiterated an “overweight” rating and set a $310.00 price objective on shares of Bloom Energy in a research report on Wednesday, April 29th. TD Cowen raised their target price on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. BTIG Research boosted their target price on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a research note on Thursday, May 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and an average price target of $220.14.

More Bloom Energy News

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

• Positive Sentiment: Recent commentary highlighted Bloom Energy’s clean-power platform as a fast-deploying behind-the-meter solution, which can help customers bypass grid constraints and support AI data-center growth. Bull of the Day: Bloom Energy (BE)
• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy to hold, reinforcing the view that Wall Street sees value in the stock’s recent rally and business momentum. Zacks.com
• Neutral Sentiment: Articles also noted Bloom Energy’s strong recent performance versus the broader market, suggesting the stock remains in a momentum-driven phase. Bloom Energy (BE) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: Several insiders sold shares this week, including the CAO and other executives. The company said the transactions were for tax withholding related to equity vesting, but insider selling can still create some caution among investors.

Institutional Investors Weigh In On Bloom Energy

Several hedge funds have recently added to or reduced their stakes in BE. Creekmur Asset Management LLC bought a new position in shares of Bloom Energy during the third quarter valued at $1,825,000. Strs Ohio grew its stake in shares of Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after purchasing an additional 8,200 shares during the last quarter. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Bloom Energy in the third quarter worth $1,985,000. Fortem Financial Group LLC acquired a new stake in Bloom Energy in the fourth quarter valued at $369,000. Finally, SPX Gestao de Recursos Ltda acquired a new stake in Bloom Energy in the third quarter valued at $1,691,000. 77.04% of the stock is currently owned by institutional investors and hedge funds.

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.