Meiji Yasuda Life Insurance Co Invests $799,000 in Bloom Energy Corporation $BE

Meiji Yasuda Life Insurance Co acquired a new position in Bloom Energy Corporation (NYSE:BE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,640 shares of the company’s stock, valued at approximately $799,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BE. MJT & Associates Financial Advisory Group Inc. lifted its position in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after purchasing an additional 37 shares during the period. Compound Planning Inc. raised its holdings in Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock worth $467,000 after purchasing an additional 38 shares during the period. Carolina Wealth Advisors LLC raised its holdings in Bloom Energy by 51.7% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after purchasing an additional 46 shares during the period. Blue Trust Inc. lifted its position in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares in the last quarter. Finally, HB Wealth Management LLC grew its holdings in Bloom Energy by 1.6% during the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after purchasing an additional 54 shares during the period. 77.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BE has been the topic of several recent research reports. UBS Group decreased their price objective on Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Oppenheimer reissued a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Mizuho upgraded shares of Bloom Energy from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from $285.00 to $242.00 in a research note on Thursday, July 30th. Wells Fargo & Company lowered their price target on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Finally, Barclays increased their price objective on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $248.05.

Insider Activity

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,895 shares of Bloom Energy stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the sale, the insider owned 129,370 shares of the company’s stock, valued at $30,220,832. The trade was a 2.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the sale, the insider directly owned 163,807 shares in the company, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 89,464 shares of company stock valued at $22,131,255. 3.00% of the stock is owned by corporate insiders.

Bloom Energy Trading Down 3.9%

BE stock opened at $209.37 on Friday. Bloom Energy Corporation has a 1-year low of $48.87 and a 1-year high of $351.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The company has a market capitalization of $61.67 billion, a price-to-earnings ratio of 279.16, a PEG ratio of 2.89 and a beta of 3.79. The business has a 50 day simple moving average of $235.51 and a two-hundred day simple moving average of $219.07.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. Bloom Energy’s quarterly revenue was up 165.5% on a year-over-year basis. During the same period last year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Research analysts anticipate that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

Bloom Energy News Roundup

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

• Positive Sentiment: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy’s Backlog Will Top $50 Billion Before Year’s End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

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.