New insider activity at Bloom Energy ( (BE) ) has taken place on February 20, 2025.
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CCO Aman Joshi has recently sold 13,971 shares of Bloom Energy stock, amounting to a total transaction value of $353,466.
Recent Updates on BE stock
Recent developments for Bloom Energy have seen varied analyst reactions regarding its price target. BofA lowered its price target due to concerns over cost competitiveness and margin improvements, noting that their estimates are on the lower end of revenue guidance and below on gross margins. Conversely, Piper Sandler raised their price target, citing Bloom’s strong potential in datacenter power demand and less risk from the Inflation Reduction Act, which positions the company well to outperform by 2025. JPMorgan also increased their price target, though they maintain a cautious stance due to volatility in the clean energy space, emphasizing challenges such as interest rates and utility-scale project hurdles. Truist has shown optimism with a significant increase in their price target, reflecting a bullish outlook on Bloom Energy’s potential growth.
More about Bloom Energy
YTD Price Performance: 11.34%
Average Trading Volume: 6,809,374
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.95B