Insider Selling: Bloom Energy (NYSE:BE) Director Sells $7,167,300.00 in Stock

Bloom Energy Corporation (NYSE:BE) Director Jeffrey Immelt sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the sale, the director directly owned 201,243 shares in the company, valued at approximately $48,078,965.13. This represents a 12.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Bloom Energy Price Performance

Shares of BE opened at $202.52 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The stock has a 50 day simple moving average of $245.31 and a 200 day simple moving average of $216.97. Bloom Energy Corporation has a 52-week low of $43.62 and a 52-week high of $351.28. The firm has a market capitalization of $59.65 billion, a PE ratio of 270.03, a P/E/G ratio of 2.83 and a beta of 3.79.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the prior year, the business earned $0.10 EPS. Bloom Energy’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. UBS Group cut their price objective on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, July 29th. Wells Fargo & Company dropped 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. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Finally, BTIG Research reissued a “buy” rating and issued a $295.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $248.05.

Institutional Trading of Bloom Energy

A number of hedge funds have recently made changes to their positions in BE. MJT & Associates Financial Advisory Group Inc. lifted its holdings in Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after purchasing an additional 37 shares during the last quarter. Bogart Wealth LLC boosted its position in Bloom Energy by 725.0% during the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock worth $40,000 after purchasing an additional 116 shares during the period. Carolina Wealth Advisors LLC increased its holdings in shares of Bloom Energy by 51.7% in the second 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 last quarter. Cape Investment Advisory Inc. acquired a new position in shares of Bloom Energy in the second quarter valued at $54,000. Finally, Blue Trust Inc. raised its position in shares of Bloom Energy by 37.2% in the first 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. 77.04% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom introduced Power Connect, a factory-integrated system intended to reduce onsite power installation time by more than 40%. Faster deployment could improve Bloom’s competitiveness in time-sensitive AI data-center projects, where reliable power is in high demand. Bloom Energy Introduces Power Connect
• Neutral Sentiment: Investors continue to see a significant long-term opportunity from electricity demand tied to artificial-intelligence data centers. Bloom has reported visibility into potentially 25 gigawatts of deployments, while recent results showed sharply higher revenue and earnings above analyst expectations. However, analysts and commentators caution that the stock already reflects much of the expected growth, with a very high earnings multiple and execution risks around project timing. Bloom Energy: Up 136% This Year
• Negative Sentiment: Fuel-cell and hydrogen stocks sold off together, reflecting concerns about rising Treasury yields, which can reduce the appeal of high-growth companies, as well as uncertainty over permitting, execution and the timing of major data-center projects. Bloom’s lofty valuation increases the stock’s sensitivity to any disappointment. Hydrogen Stock Selloff
• Negative Sentiment: Several law firms publicized a pending securities class action covering investors who bought Bloom securities from February 27, 2025, through July 8, 2026. The complaints allege Bloom made misleading statements about China-related supply-chain exposure, export controls and tariffs. The allegations have not been proven, but the litigation creates headline, legal and potential financial risks; investors have until September 28, 2026, to seek lead-plaintiff status. Bloom Energy Securities Class Action
• Neutral Sentiment: Recent insider transactions were sales, including a director’s sizable sale and other sales reportedly tied to tax withholding from vested equity awards. These transactions may modestly affect sentiment, although they do not necessarily indicate a negative view of Bloom’s business.

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.