UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $401.85 Million Stock Holdings in Bloom Energy Corporation $BE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Bloom Energy Corporation (NYSE:BE) by 78.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,327,549 shares of the company’s stock after purchasing an additional 583,135 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Bloom Energy were worth $401,849,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Royal London Asset Management Ltd. increased its position in Bloom Energy by 395.6% in the 2nd quarter. Royal London Asset Management Ltd. now owns 45,827 shares of the company’s stock valued at $13,872,000 after acquiring an additional 36,580 shares in the last quarter. Toth Financial Advisory Corp raised its stake in shares of Bloom Energy by 103.2% in the second quarter. Toth Financial Advisory Corp now owns 380 shares of the company’s stock worth $115,000 after acquiring an additional 193 shares during the last quarter. Nissay Asset Management Corp Japan lifted its position in shares of Bloom Energy by 35.9% during the second quarter. Nissay Asset Management Corp Japan now owns 74,696 shares of the company’s stock worth $22,610,000 after purchasing an additional 19,732 shares in the last quarter. Navellier & Associates Inc. lifted its position in shares of Bloom Energy by 9.4% during the second quarter. Navellier & Associates Inc. now owns 140,850 shares of the company’s stock worth $42,635,000 after purchasing an additional 12,125 shares in the last quarter. Finally, Archer Investment Corp bought a new stake in shares of Bloom Energy during the second quarter valued at approximately $337,000. Institutional investors own 77.04% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BE. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Wells Fargo & Company decreased their price objective on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Truist Financial lowered their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Finally, Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $248.05.

Insider Activity

In other Bloom Energy news, insider Satish Chitoori sold 2,053 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $241.64, for a total transaction of $496,086.92. Following the completion of the sale, the insider owned 205,364 shares in the company, valued at approximately $49,624,156.96. The trade was a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the transaction, the director directly owned 208,333 shares in the company, valued at approximately $52,083,250. This trade represents a 6.72% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 89,464 shares of company stock worth $22,131,255. Corporate insiders own 3.00% of the company’s stock.

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 Stock Down 0.7%

Shares of NYSE:BE opened at $209.37 on Monday. Bloom Energy Corporation has a one year low of $48.87 and a one year high of $351.28. The company has a 50 day moving average of $235.51 and a 200-day moving average of $219.52. 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 stock has a market cap of $61.67 billion, a price-to-earnings ratio of 279.16, a P/E/G ratio of 2.89 and a beta of 3.79.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share 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 during the quarter, compared to the consensus estimate of $826.13 million. During the same period in the previous year, the firm posted $0.10 earnings per share. Bloom Energy’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, sell-side analysts forecast that Bloom Energy Corporation will post 1.92 earnings per share for the current 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.