Wealthedge Investment Advisors LLC Buys New Stake in Bloom Energy Corporation $BE

Wealthedge Investment Advisors LLC bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,628 shares of the company’s stock, valued at approximately $1,098,000.

A number of other institutional investors also recently added to or reduced their stakes in BE. Geode Capital Management LLC increased its holdings in shares of Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after purchasing an additional 269,662 shares during the period. Brooklands Fund Management Ltd bought a new position in Bloom Energy in the 4th quarter valued at about $347,560,000. Amundi grew its position in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Norges Bank acquired a new position in Bloom Energy during the 4th quarter valued at about $239,683,000. Finally, Jennison Associates LLC increased its stake in Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on BE shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, July 21st. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Robert W. Baird restated an “outperform” rating and issued a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, Roth Capital increased their price target on Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $246.18.

Insider Transactions at Bloom Energy

In other news, insider Aman Joshi sold 8,343 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the sale, the insider directly owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This trade represents a 4.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction on 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 transaction, the chief accounting officer owned 79,686 shares in the company, valued at $22,998,973.32. The trade was a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 92,585 shares of company stock valued at $25,996,248 in the last 90 days. 3.00% of the stock is owned by corporate insiders.

Bloom Energy Stock Performance

NYSE:BE opened at $236.12 on Friday. Bloom Energy Corporation has a twelve month low of $40.56 and a twelve month high of $351.28. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a 50-day moving average of $248.98 and a 200-day moving average of $214.75. The firm has a market cap of $69.54 billion, a price-to-earnings ratio of 314.82, a price-to-earnings-growth ratio of 3.24 and a beta of 3.79.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same period in the previous year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts forecast that Bloom Energy Corporation will post 1.93 earnings per share for the current fiscal year.

About Bloom Energy

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.