Bloom Energy Corp’s recently made public that its Chief Operations Officer Chitoori Satish unloaded Company’s shares for reported $25592.0 on Mar 17 ’25. In the deal valued at $25.09 per share,1,020 shares were sold. As a result of this transaction, Chitoori Satish now holds 178,656 shares worth roughly $2.92 million.
Then, SATISH PRABHU CHITOORI bought 1,020 shares, generating $25,593 in total proceeds.
Before that, KR SRIDHAR bought 35,645 shares. Bloom Energy Corp shares valued at $819,999 were divested by the Officer at a price of $23.00 per share.
Mizuho upgraded its Bloom Energy Corp [BE] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who decreased its forecast for the stock in early April from “a Neutral” to “a Sell”. Mizuho began covering BE with “Neutral” recommendation on March 18, 2025. TD Cowen maintained its rating on February 28, 2025. It rated BE as “a Hold”.
Price Performance Review of BE
On Monday, Bloom Energy Corp [NYSE:BE] saw its stock fall -0.73% to $16.32. Over the last five days, the stock has lost -15.18%. Bloom Energy Corp shares have fallen nearly -26.52% since the year began. Nevertheless, the stocks have risen 44.30% over the past one year. While a 52-week high of $29.83 was reached on 01/24/25, a 52-week low of $9.02 was recorded on 04/09/25. SMA at 50 days reached $20.66, while 200 days put it at $17.94.
Levels Of Support And Resistance For BE Stock
The 24-hour chart illustrates a support level at 15.97, which if violated will result in even more drops to 15.63. On the upside, there is a resistance level at 16.98. A further resistance level may holdings at 17.65. The Relative Strength Index (RSI) on the 14-day chart is 37.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.16%. Stochastics %K at 14.65% indicates the stock is a buying.
The most recent change occurred on December 11, 2024 when ROTH MKM began covering the stock and recommended ‘”a Neutral”‘ rating along with a $25 price target.
