Bloom Energy (NYSE:BE) CAO Maciej Kurzymski Sells 6,229 Shares

Bloom Energy Corporation (NYSE:BE) CAO Maciej Kurzymski sold 6,229 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the completion of the transaction, the chief accounting officer directly owned 81,945 shares in the company, valued at approximately $24,039,385.20. This trade represents a 7.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Monday, March 16th, Maciej Kurzymski sold 7,800 shares of Bloom Energy stock. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00.

Bloom Energy Price Performance

Shares of BE opened at $303.71 on Friday. Bloom Energy Corporation has a 52-week low of $17.01 and a 52-week high of $310.00. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The business’s 50 day moving average price is $191.65 and its two-hundred day moving average price is $148.24. The firm has a market cap of $86.39 billion, a PE ratio of -6,073.07 and a beta of 3.82.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $539.94 million. During the same period in the previous year, the firm earned $0.03 earnings per share. The company’s 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. On average, equities analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Institutional Investors Weigh In On Bloom Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Bloom Energy by 6.3% during the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after buying an additional 1,240,819 shares in the last quarter. Geode Capital Management LLC grew its holdings in Bloom Energy by 5.4% during the fourth 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 bought a new stake in Bloom Energy during the third quarter worth $402,494,000. Brooklands Fund Management Ltd bought a new stake in Bloom Energy during the fourth quarter worth $347,560,000. Finally, Trivest Advisors Ltd grew its holdings 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 worth $289,229,000 after buying an additional 3,201,000 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on BE shares. Wells Fargo & Company boosted their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. BTIG Research boosted their price objective on Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Barclays boosted their price objective on Bloom Energy to $254.00 and gave the company an “equal weight” rating in a report on Monday. Finally, Roth Mkm set a $225.00 price objective on 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 assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $217.48.

Bloom Energy News Summary

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

• Positive Sentiment: Federal Pacific said it won Bloom Energy’s largest single order, a multi-phase contract for medium-voltage switchgear and engineering services supporting a large AI data center project, highlighting expanding demand for Bloom’s power infrastructure products. Article Title
• Positive Sentiment: Jim Cramer’s remarks that “all the data centers are going crazy for it” added to the bullish narrative around Bloom Energy’s role in AI power needs. Article Title
• Positive Sentiment: Brokerages now have an average “Moderate Buy” rating on Bloom Energy, signaling continued Wall Street support for the stock. Article Title
• Neutral Sentiment: Recent articles argued Bloom Energy remains a high-momentum AI power stock and may still have room to run, but also noted its valuation is stretching above some targets. Article Title
• Negative Sentiment: Insider selling by Chief Accounting Officer Maciej Kurzymski, who sold 6,229 shares, may create a small overhang despite the sale being a relatively minor reduction in his holdings. Article Title

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.