The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. 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 $3.08 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 Mizuho on May 05, 2025, Bloom Energy Corp [BE] has been rated up from a Neutral to an Outperform and the price target has been revised to $26. Analysts at Redburn Atlantic downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early April. As of March 18, 2025, Mizuho has initiated its “Neutral” rating for BE. Earlier on February 28, 2025, TD Cowen resumed its rating. Their recommendation was “a Hold” for BE stock.
Analyzing BE Stock Performance
During the last five days, there has been a surge of approximately 2.56%. Over the course of the year, Bloom Energy Corp shares have dropped approximately -22.38%. 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 $20.30, while a 200-day SMA reached $17.97.
Support And Resistance Levels for Bloom Energy Corp (BE)
According to the 24-hour chart, there is a support level at 16.57, which, if violated, would cause prices to drop to 15.89. In the upper region, resistance lies at 17.82. The next price resistance is at 18.39. RSI (Relative Strength Index) is 43.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.71, which suggests the price will decrease in the coming days. Percent R is at 64.91%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
