Bloom Energy Corporation (NASDAQ: BE) reported a set of executive transactions and quarterly results that together provide a snapshot of recent activity around the company. On February 25, 2026, Chief Commercial Officer Aman Joshi sold 10,000 shares of Class A common stock for an aggregate proceeds of $1.76 million. According to a Form 4 filed with the Securities and Exchange Commission, those shares were sold at prices ranging from $168.49 to $179.41 - levels near the stock's 52-week high of $180.90.
The filing shows the sale was carried out under a Rule 10b5-1 trading plan that Joshi adopted on November 26, 2025. The same Form 4 notes that Joshi also received 19,393 Class A shares with no monetary value the same day; those shares represent restricted stock units granted under Bloom Energy's 2018 Equity Incentive Plan. After recording both the sale and the restricted share grant, Joshi directly owns 210,465 shares of Bloom Energy (NASDAQ: BE).
Bloom Energy's share price has moved substantially over the past year, rising 548% over the 12-month period referenced in the filings and coverage. InvestingPro analysis cited in the filings indicates the stock is currently trading above its Fair Value estimate, suggesting valuation concerns despite recent appreciation.
Separately, the company disclosed strong financial performance for the fourth quarter of 2025. Bloom Energy posted earnings per share of $0.45, ahead of analyst expectations of $0.30. Revenue for the quarter was approximately $777.7 million, a figure that outpaced projections by 21.5% according to the reported comparisons in company commentary and analyst coverage.
Those results prompted several firms to adjust their price targets. BTIG raised its target to $165, citing what it described as strong guidance from the company. BMO Capital lifted its target to $149 based on a positive outlook for 2026, while TD Cowen moved its target to $160, pointing to growth in demand from data centers and commercial customers.
In an unrelated corporate transaction mentioned alongside the Bloom Energy developments, Aspen Insurance Holdings Limited completed a merger with a subsidiary of Sompo International Holdings and became a wholly owned subsidiary of Endurance Specialty Insurance Ltd. As a result of that transaction, Aspen's Class A ordinary shares were converted into cash at $37.50 per share.
For readers seeking more granular valuation and growth analysis, a Pro Research Report covering Bloom Energy is available through InvestingPro, which the filing notes covers more than 1,400 U.S. equities.
Key points
- Bloom Energy CCO Aman Joshi sold 10,000 Class A shares for $1.76 million on February 25, 2026, under a Rule 10b5-1 plan adopted November 26, 2025.
- Joshi was also granted 19,393 restricted stock units with no monetary value and now directly owns 210,465 shares of Bloom Energy (NASDAQ: BE).
- Bloom Energy reported Q4 2025 EPS of $0.45 and revenue of approximately $777.7 million, both above expectations, prompting several analyst price-target increases.
Risks and uncertainties
- Valuation risk - InvestingPro analysis indicates BE is trading above its Fair Value, raising potential downside risk for market participants focusing on valuation.
- Market perception - An insider sale near the 52-week high may influence investor sentiment despite the company’s strong quarterly performance.
- Sector exposure - Changes in demand from data centers and commercial customers, cited by TD Cowen as a growth driver, represent concentration risk for the company’s revenue mix.