Jupiter Asset Management Ltd. Grows Position in Bloom Energy Corporation $BE

Jupiter Asset Management Ltd. boosted its stake in shares of Bloom Energy Corporation (NYSE:BE) by 45.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 119,879 shares of the company’s stock after purchasing an additional 37,523 shares during the period. Jupiter Asset Management Ltd.’s holdings in Bloom Energy were worth $10,416,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BE. WPG Advisers LLC increased its stake in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of Bloom Energy in the third quarter worth $32,000. NewEdge Advisors LLC increased its stake in shares of Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after purchasing an additional 1,626 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of Bloom Energy in the fourth quarter worth $43,000. 77.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Bloom Energy continues to get bullish attention from analysts and media, including a recent Daiwa upgrade to Outperform with a $324 price target, citing an inflection in orders, capacity, and margins. Here’s Why Bloom Energy (BE) Is Among the Best Future Stocks to Buy Right Now
• Positive Sentiment: Recent commentary also highlights Bloom Energy’s strong growth outlook, with articles pointing to rising interest in its fuel-cell technology and improving earnings potential. Bloom Energy: Spare Capacity May Lead To Surging EPS Growth
• Neutral Sentiment: Several comparison pieces versus FuelCell Energy kept Bloom in the spotlight, with analysts favoring BE’s estimate upgrades and return on invested capital over FCEL’s lower leverage. Bloom Energy vs. FuelCell Energy: Which Clean Energy Stock Leads?
• Negative Sentiment: The main driver of weakness appears to be profit-taking after a steep recent move, as traders unwind positions tied to the AI data-center power-demand theme. Bloom Energy Stock Is Sliding: What’s Driving The Move?
• Negative Sentiment: Another note from Thursday said BE was already slipping as investors reassessed how much upside was left after the recent surge. What’s Going On With Bloom Energy Stock Today?

Wall Street Analyst Weigh In

BE has been the subject of a number of recent analyst reports. Royal Bank Of Canada upped their price objective on Bloom Energy to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Roth Mkm set a $225.00 price objective on Bloom Energy in a research note on Wednesday, April 29th. UBS Group upped their price objective on Bloom Energy to $251.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Mizuho set a $285.00 target price on shares of Bloom Energy in a report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.48.

Insiders Place Their Bets

In other news, CAO Maciej Kurzymski sold 6,229 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the sale, the chief accounting officer owned 81,945 shares of the company’s stock, valued at approximately $24,039,385.20. This represents a 7.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shawn Marie Soderberg sold 2,746 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $259.42, for a total transaction of $712,367.32. Following the completion of the sale, the insider directly owned 135,107 shares in the company, valued at approximately $35,049,457.94. This represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 268,777 shares of company stock valued at $55,112,564. 3.00% of the stock is currently owned by company insiders.

Bloom Energy Price Performance

NYSE:BE opened at $284.48 on Friday. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The company has a market capitalization of $80.92 billion, a P/E ratio of -5,688.50 and a beta of 3.82. Bloom Energy Corporation has a 12 month low of $18.12 and a 12 month high of $322.83. The business’s 50-day moving average is $220.81 and its 200 day moving average is $160.23.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. During the same quarter last year, the business earned $0.03 earnings per share. Bloom Energy’s quarterly revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Bloom Energy Profile

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.