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Bloom Energy rises as investors refocus on major data-center power deals

Investivoq PriceTracker

Bloom Energy Corporation (BE) is up 15.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The rally appears tied to investors refocusing on Bloom Energy’s role in two large recently announced power projects after last week’s selloff. The biggest driver looks like renewed attention on Bloom’s supply role for a planned Wyoming data center project, alongside a separate California partnership that expanded its long-term growth narrative.

Details:

  • Google disclosed a planned $17 billion Wyoming data center project that includes a commercial-scale 702 MW fuel-cell development with carbon capture, and Bloom Energy is set to make the fuel cells in the U.S.
  • California Resources and Carbon TerraVault announced a memorandum of understanding with Bloom to evaluate 1 GW or more of solid-oxide fuel-cell generation paired with carbon capture and storage in California.
  • Bloom Energy’s third-quarter results released in late October showed record quarterly performance and higher full-year guidance, which may have helped investors revisit the stock after recent volatility.
  • This could also be because traders viewed last week’s drop as overdone and rotated back into AI and power-infrastructure names as the broader market recovered on November 9, 2026.

    • Sources:

    Google, California Resources, Bloom Energy, AP News

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $BE Insider Trading Activity

    BE Insider Trades

    $BE insiders have traded $BE stock on the open market 24 times in the past 6 months. Of those trades, 0 have been purchases and 24 have been sales.

    Here’s a breakdown of recent trading of $BE stock by insiders over the last 6 months:

    • JOHN T CHAMBERS has made 0 purchases and 4 sales selling 93,828 shares for an estimated $25,002,530.
    • AMAN JOSHI (Chief Commercial Officer) has made 0 purchases and 6 sales selling 33,429 shares for an estimated $9,363,055.
    • JEFFREY R IMMELT sold 30,000 shares for an estimated $7,167,300
    • SHAWN MARIE SODERBERG (See Remarks) has made 0 purchases and 5 sales selling 14,232 shares for an estimated $3,813,466.
    • MACIEJ KURZYMSKI (Chief Accounting Officer) has made 0 purchases and 3 sales selling 10,783 shares for an estimated $3,095,355.
    • SATISH CHITOORI (Chief Operations Officer) has made 0 purchases and 4 sales selling 9,871 shares for an estimated $2,699,838.
    • BARBARA J BURGER sold 2,333 shares for an estimated $501,711

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $BE Hedge Fund Activity

    We have seen 833 institutional investors add shares of $BE stock to their portfolio, and 535 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 8,085,893 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,447,599,811
    • BLACKROCK, INC. removed 6,618,470 shares (-26.4%) from their portfolio in Q2 2026, for an estimated $2,003,410,869
    • GOLDMAN SACHS GROUP INC added 4,830,139 shares (+53.0%) to their portfolio in Q2 2026, for an estimated $1,462,083,075
    • AMERIPRISE FINANCIAL INC removed 4,754,452 shares (-20.8%) from their portfolio in Q2 2026, for an estimated $1,439,172,620
    • D. E. SHAW & CO., INC. removed 4,640,008 shares (-52.7%) from their portfolio in Q2 2026, for an estimated $1,404,530,421
    • GEODE CAPITAL MANAGEMENT, LLC added 3,259,971 shares (+85.9%) to their portfolio in Q3 2026, for an estimated $902,946,767
    • SANDS CAPITAL MANAGEMENT, LLC added 2,926,558 shares (+inf%) to their portfolio in Q2 2026, for an estimated $885,869,106

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $BE Congressional Stock Trading

    Members of Congress have traded $BE stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $BE stock by members of Congress over the last 6 months:

    • REPRESENTATIVE NANCY PELOSI has traded it 2 times. They made 2 purchases worth up to $6,000,000 on 07/28, 07/24 and 0 sales.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $BE Price Targets

    Multiple analysts have issued price targets for $BE recently. We have seen 7 analysts offer price targets for $BE in the last 6 months, with a median target of $285.0.

    Here are some recent targets:

    • Ben Kallo from Baird set a target price of $310.0 on 07/09/2026
    • Julien Dumoulin-Smith from Jefferies set a target price of $246.0 on 07/06/2026
    • Chip Moore from Roth Capital set a target price of $285.0 on 07/01/2026
    • Nicholas Amicucci from Evercore ISI Group set a target price of $350.0 on 07/01/2026
    • Manav Gupta from UBS set a target price of $350.0 on 07/01/2026
    • Christine Cho from Barclays set a target price of $276.0 on 06/23/2026
    • Sunaina Ocalan from Bernstein set a target price of $276.0 on 06/17/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.