Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bloom Energy Corp shares valued at $25,592 were sold by Chitoori Satish on Mar 17 ’25. At $25.09 per share, Chitoori Satish sold 1,020 shares. The insider’s holdings dropped to 178,656 shares worth approximately $3.93 million following the completion of this transaction.
Also, SATISH PRABHU CHITOORI purchased 1,020 shares, netting a total of over 25,593 in proceeds.
Before that, KR SRIDHAR had added 35,645 shares to its account. In a trade valued at $819,999, the Officer bought Bloom Energy Corp shares for $23.00 each.
As published in their initiating research note from Mizuho on March 18, 2025, Bloom Energy Corp [BE] has been a Neutral and the price target has been revised to $28. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in late February. As of December 11, 2024, ROTH MKM has initiated its “Neutral” rating for BE. Earlier on November 20, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Hold” for BE stock which previously was a “a Buy”.
Analyzing BE Stock Performance
During the last five days, there has been a drop of approximately -13.46%. Over the course of the year, Bloom Energy Corp shares have dropped approximately -0.99%. Shares of the company reached a 52-week high of $29.83 on 01/24/25 and a 52-week low of $19.82 on 01/28/25. A 50-day SMA is recorded $24.02, while a 200-day SMA reached $17.33.
Support And Resistance Levels for Bloom Energy Corp (BE)
According to the 24-hour chart, there is a support level at 21.38, which, if violated, would cause prices to drop to 20.76. In the upper region, resistance lies at 22.36. The next price resistance is at 22.72. RSI (Relative Strength Index) is 42.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.30, which suggests the price will decrease in the coming days. Percent R is at 84.07%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
