Bloom Energy (NYSE:BE) Insider Satish Chitoori Sells 2,053 Shares

Bloom Energy Corporation (NYSE:BE) insider Satish Chitoori sold 2,053 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $241.64, for a total value of $496,086.92. Following the transaction, the insider owned 205,364 shares of the company’s stock, valued at approximately $49,624,156.96. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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, June 16th, Satish Chitoori sold 2,837 shares of Bloom Energy stock. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $208.69 on Wednesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. Bloom Energy Corporation has a 1-year low of $40.56 and a 1-year high of $351.28. The company has a market capitalization of $61.47 billion, a P/E ratio of 278.26, a P/E/G ratio of 3.14 and a beta of 3.79. The firm’s 50 day simple moving average is $246.83 and its two-hundred day simple moving average is $216.26.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data 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. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Research analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BE. Evercore reissued an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. BTIG Research reaffirmed a “buy” rating and issued a $295.00 price objective on shares of Bloom Energy in a research note on Wednesday, July 29th. Truist Financial cut their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. Sanford C. Bernstein boosted their price target on Bloom Energy from $276.00 to $282.00 and gave the stock a “market perform” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group upped their price target on Bloom Energy from $188.00 to $229.00 and gave the stock a “hold” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.05.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Brooklands Fund Management Ltd bought a new stake in shares of Bloom Energy in the fourth quarter worth about $347,560,000. Norges Bank bought a new position in Bloom Energy during the fourth quarter valued at approximately $239,683,000. Jennison Associates LLC boosted its stake in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Amundi grew its holdings in Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Finally, Man Group plc increased its stake in Bloom Energy by 177.4% in the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after acquiring an additional 1,530,167 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Bloom’s long-term opportunity remains tied to rising electricity demand from artificial-intelligence data centers. Management reportedly sees visibility into as much as 25 gigawatts of deployments, while the company says its scandium-oxide supply is sufficient to support current demand and backlog. Bloom Energy Says It Has Visibility on 25 Gigawatts of Deployments
• Neutral Sentiment: Institutional positioning is mixed: JPMorgan and Goldman Sachs increased their holdings, while BlackRock, Ameriprise and D. E. Shaw reduced theirs. Analyst opinions are also divided, with JPMorgan rating the stock “Overweight” and Jefferies rating it “Underperform.” The median analyst price target of $278.50 remains above the current trading level, but targets vary widely. Bloom Energy Falls as Investors Appear to Revisit Execution and Project-Timing Risks
• Negative Sentiment: Rising 10-year Treasury yields pressured hydrogen and fuel-cell stocks by making high-growth companies less attractive relative to bonds. Bloom also faces renewed concerns about the timing and execution of major data-center projects, including permitting requirements for Project Jupiter in New Mexico. The stock’s elevated valuation—reported at more than 278 times earnings—amplifies sensitivity to any disappointment. Plug Power Falls, Bloom Energy Sinks With the 10-Year Yield Near a 52-Week High
• Negative Sentiment: Multiple law firms publicized a securities class action involving investors who purchased Bloom securities from February 27, 2025, through July 8, 2026. The complaints allege Bloom misrepresented its exposure to Chinese export controls and U.S. tariffs, including the origin of critical materials and components. These are allegations, not established findings, but the litigation adds headline and potential financial risk; the lead-plaintiff deadline is September 28, 2026. Bloom Energy Shareholder Alert
• Negative Sentiment: Reported insider activity has been exclusively selling over the past six months, including sales by Chief Executive Officer KR Sridhar. While insider sales can reflect personal financial planning, the absence of reported purchases may weigh on investor confidence after the stock’s substantial run-up.

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.