A Key Bloom Energy Shareholder Sells Near Recent Highs

Shares of Bloom Energy have been among the standout performers this year, though they have recently surrendered some of those substantial gains. Amid this period of volatility, a transaction by a key company insider has captured the market’s attention. The sale by a director and major shareholder is prompting investors to scrutinize the stock’s current valuation, even as the long-term narratives around hydrogen and data centers remain compelling.

The investment community is deeply divided on Bloom Energy’s prospects, adding to the current market tension. On one side, bullish analysts, including those from JPMorgan Chase, point to the potential from AI data center demand and have issued price targets Read more...