Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $3.0 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 a research note from Redburn Atlantic on April 09, 2025, Bloom Energy Corp [BE] has been rated down from a Neutral to a Sell and the price target has been revised to $10. Analysts at Mizuho started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid March. As of February 28, 2025, TD Cowen has reiterated its “Hold” rating for BE. Earlier on December 11, 2024, ROTH MKM initiated its rating. Their recommendation was “a Neutral” for BE stock.
Analyzing BE Stock Performance
During the last five days, there has been a drop of approximately -7.33%. Over the course of the year, Bloom Energy Corp shares have dropped approximately -24.31%. Shares of the company reached a 52-week high of $29.83 on 01/24/25 and a 52-week low of $15.15 on 04/09/25. A 50-day SMA is recorded $21.01, while a 200-day SMA reached $17.92.
Support And Resistance Levels for Bloom Energy Corp (BE)
According to the 24-hour chart, there is a support level at 16.04, which, if violated, would cause prices to drop to 15.27. In the upper region, resistance lies at 18.29. The next price resistance is at 19.77. RSI (Relative Strength Index) is 39.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.19, which suggests the price will decrease in the coming days. Percent R is at 77.18%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
