Bloom Energy CCO Aman Joshi sells $1.13 million in company stock By Investing.com

Aman Joshi, Chief Commercial Officer at Bloom Energy Corp (), recently disposed of 4,677 shares of common stock, totaling approximately $1.13 million. The sales, which took place on August 14, 2026, occurred at prices ranging from $231.64 to $248.07 per share.

The shares were sold at a weighted average price of $241.75. According to the filing, the disposition was made to cover tax withholding obligations incurred upon the settlement of restricted stock units. The stock currently trades at $209.01, down from $232.16 at the time of the transaction, though shares have delivered a remarkable 385% return over the past year. Analysis from InvestingPro suggests the stock is overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list. This transaction was carried out under a Rule 10b5-1 trading plan, which Mr. Joshi had adopted on November 26, 2025. Following these sales, Mr. Joshi directly holds 159,130 shares of Bloom Energy common stock. For deeper insights into Bloom Energy’s valuation and performance, InvestingPro offers a comprehensive Pro Research Report covering this stock along with 1,400+ other US equities, featuring expert analysis and 20 additional ProTips beyond the high returns highlighted here.

In other recent news, Bloom Energy reported a robust second quarter of 2026, with adjusted EBITDA reaching $253 million, significantly surpassing consensus estimates of $152 million. The company’s revenue soared to $1.07 billion, marking a 166% increase year-over-year and a notable rise from the first-quarter revenue of $751.1 million. Following these strong financial results, Mizuho upgraded Bloom Energy to Outperform, noting the company’s better-than-expected revenue and shipment figures. Similarly, Clear Street upgraded the stock to Buy, highlighting the opportunity presented by the recent decline in stock price. Bernstein SocGen Group also raised its price target to $282, maintaining a Market Perform rating, in light of the strong quarterly results. However, Truist Securities expressed concerns regarding Bloom Energy’s data center demand, lowering its price target to $218 while keeping a Hold rating. Oppenheimer maintained a Perform rating, citing the company’s positive outlook on pricing dynamics and diverse demand. These developments reflect a mix of optimism and caution among analysts regarding Bloom Energy’s future prospects.

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