Diversify Wealth Management LLC bought a new position in shares of Bloom Energy Corporation (NYSE:BE – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor bought 6,579 shares of the company’s stock, valued at approximately $891,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of BE. Blue Trust Inc. lifted its holdings in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after purchasing an additional 54 shares during the last quarter. WPG Advisers LLC grew its stake in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Cedar Mountain Advisors LLC grew its stake in shares of Bloom Energy by 29.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 334 shares of the company’s stock worth $45,000 after purchasing an additional 75 shares during the last quarter. Finally, Orion Capital Management LLC raised its holdings in shares of Bloom Energy by 0.7% in the 4th quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock worth $1,050,000 after purchasing an additional 83 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
BE has been the subject of several recent research reports. BTIG Research increased their target price on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Evercore restated an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a research report on Wednesday, July 1st. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a report on Thursday. UBS Group increased their price objective on Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $250.41.
Insiders Place Their Bets
In related news, CAO Maciej Kurzymski sold 2,259 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the sale, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total value of $820,286.46. Following the completion of the sale, the insider directly owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 153,617 shares of company stock valued at $44,003,909 over the last quarter. 3.00% of the stock is owned by insiders.
Bloom Energy Stock Down 14.0%
Shares of NYSE:BE opened at $205.94 on Friday. The firm has a 50 day simple moving average of $279.33 and a 200 day simple moving average of $202.33. Bloom Energy Corporation has a 52 week low of $24.04 and a 52 week high of $351.28. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The company has a market cap of $58.58 billion, a PE ratio of -4,117.90 and a beta of 3.73.
Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping 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 firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same period in the previous year, the company posted $0.03 EPS. The company’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. As a group, research analysts expect that Bloom Energy Corporation will post 1.4 earnings per share for the current year.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: IDF and Oaktree announced a $1.7 billion project investment to deploy Bloom Energy fuel cells for Nebius’ AI cloud infrastructure, highlighting strong demand for Bloom’s behind-the-meter power solutions and reinforcing its role in the AI data center buildout. Article Title
- Positive Sentiment: PR and Yahoo Finance reports say the funding supports a broader deployment of Bloom’s solid oxide fuel-cell technology, which investors may view as validation of Bloom’s ability to provide clean, resilient power for AI-driven data centers. Article Title
- Positive Sentiment: Additional commentary from market media and analysts continues to frame Bloom as a beneficiary of the AI data-center power boom, with one note even featuring Jim Cramer telling viewers to buy the stock. Article Title
- Neutral Sentiment: Bloom Energy has also appeared in broader bullish stock lists tied to AI infrastructure and alternative-energy power demand, which may add to investor interest but does not change fundamentals on its own. Article Title
- Negative Sentiment: A short-seller report from Hunterbrook raised supply-chain concerns, arguing Bloom may rely on scandium sourced from China, which could create a risk if exports are restricted. Article Title
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.
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