IFM Investors Pty Ltd Acquires 5,003 Shares of Bloom Energy Corporation $BE

IFM Investors Pty Ltd increased its holdings in Bloom Energy Corporation (NYSE:BE) by 12.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,550 shares of the company’s stock after buying an additional 5,003 shares during the period. IFM Investors Pty Ltd’s holdings in Bloom Energy were worth $6,307,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Bayforest Capital Ltd bought a new position in Bloom Energy during the 1st quarter worth $2,055,000. AQR Capital Management LLC bought a new stake in shares of Bloom Energy during the 1st quarter valued at $1,820,000. NewEdge Advisors LLC grew its holdings in shares of Bloom Energy by 674.7% during the 1st 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. Goldman Sachs Group Inc. grew its holdings in shares of Bloom Energy by 50.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after purchasing an additional 836,810 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of Bloom Energy by 30.7% in the first quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after purchasing an additional 4,716 shares during the period. 77.04% of the stock is currently owned by institutional investors.

Insider Activity at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,259 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the sale, the chief accounting officer owned 79,686 shares in the company, valued at $22,998,973.32. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total transaction of $820,286.46. Following the sale, the insider directly owned 132,265 shares in the company, valued at approximately $38,175,646.95. The trade was a 2.10% 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. Insiders sold a total of 228,617 shares of company stock worth $59,843,659 in the last ninety days. Insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BE. Roth Mkm upped their price objective on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a research note on Thursday, May 28th. BMO Capital Markets restated an “outperform” rating on shares of Bloom Energy in a research report on Tuesday, June 9th. Mizuho set a $285.00 price target on shares of Bloom Energy in a report on Friday, May 1st. Finally, Evercore reaffirmed an “outperform” rating and set a $350.00 price target on shares of Bloom Energy in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $236.14.

Bloom Energy Price Performance

Shares of BE stock opened at $271.13 on Friday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. Bloom Energy Corporation has a twelve month low of $22.81 and a twelve month high of $351.28. The company has a market cap of $77.12 billion, a P/E ratio of -5,421.48 and a beta of 3.73. The business has a fifty day simple moving average of $280.49 and a 200 day simple moving average of $190.83.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s revenue for the quarter was up 130.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts forecast that Bloom Energy Corporation will post 1.34 EPS for the current fiscal year.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy and Brookfield expanded their AI power-financing framework to $25 billion, a fivefold increase that boosts the outlook for Bloom’s fuel-cell deployments in data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
• Positive Sentiment: Coverage highlighting Bloom Energy’s position as a key AI power-infrastructure beneficiary is helping reinforce the stock’s growth narrative and investor enthusiasm. Bloom Energy’s $25B partnership targets AI’s next bottleneck
• Neutral Sentiment: An insider sale by Chief Commercial Officer Aman Joshi was disclosed, which may create some caution, but the transaction was relatively small versus his remaining holdings and appears more like routine selling than a fundamental change in the business outlook.
• Negative Sentiment: Bloom Energy was downgraded by Zacks Research from “strong-buy” to “hold,” which could temper some near-term upside expectations. Zacks downgrade coverage
• Negative Sentiment: Some commentary says the stock may already be priced for near-perfect execution after a huge run-up, raising valuation-risk concerns if Bloom fails to deliver on its ambitious AI backlog.

Bloom Energy Company 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.