Bloom Energy Corporation $BE Stock Holdings Lowered by Wellington Management Group LLP

Wellington Management Group LLP lessened its position in Bloom Energy Corporation (NYSE:BE) by 87.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 268,306 shares of the company’s stock after selling 1,837,300 shares during the period. Wellington Management Group LLP owned approximately 0.09% of Bloom Energy worth $81,216,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BE. Fortem Financial Group LLC acquired a new position in Bloom Energy during the 4th quarter worth $369,000. Strs Ohio increased its holdings in shares of Bloom Energy by 24.8% during the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares during the period. Militia Capital Management LLC acquired a new position in shares of Bloom Energy during the first quarter valued at $813,000. Assenagon Asset Management S.A. raised its stake in shares of Bloom Energy by 3,398.3% during the second quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after purchasing an additional 233,020 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Bloom Energy during the fourth quarter valued at about $239,683,000. 77.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Potential S&P 500 inclusion: Bloom Energy is among companies reportedly being considered for addition to the S&P 500 during the index’s September rebalancing. An announcement is expected after Friday’s close, with any changes potentially taking effect around September 21. Inclusion could generate demand from index-tracking funds and improve institutional visibility, although it is not guaranteed. Bloom Energy and 7 More Stocks That Could Join the S&P 500 This Month
• Positive Sentiment: AI power demand remains a growth catalyst: Brookfield Asset Management and Bloom expanded an AI infrastructure framework to as much as $25 billion from $5 billion. Bloom could supply fuel-cell systems for data-center power deployments, supporting its long-term revenue opportunity, though Brookfield’s financing framework does not ensure that all projects will be completed or awarded to Bloom. Brookfield Quintupled Its AI Power Framework to $25 Billion
• Neutral Sentiment: Relative-performance coverage: Analysts compared Bloom Energy’s performance with oil-and-energy peers, while broader commentary identified the company as a potential beneficiary of heightened energy-security concerns and demand for alternative power. These articles offered limited new company-specific financial information. Is Bloom Energy Stock Outpacing Its Oils-Energy Peers This Year?
• Negative Sentiment: Multiple law firms publicized a securities class action and a September 28 lead-plaintiff deadline. The complaints allege Bloom’s disclosures understated supply-chain exposure to China, including alleged Chinese scandium sourcing through third countries, and point to a July 8 investigative report followed by a sharp share-price decline. The allegations have not been proven, but the litigation creates legal, reputational, and potential financial risks and may weigh on sentiment. Bloom Energy Securities Class Action Notice

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BE. Jefferies Financial Group increased their target price on shares of Bloom Energy from $188.00 to $229.00 and gave the company a “hold” rating in a research report on Friday, August 14th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. UBS Group reduced their price target on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Roth Capital increased their price objective on shares of Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Finally, Mizuho upgraded shares of Bloom Energy from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $285.00 to $242.00 in a research note on Thursday, July 30th. Three investment 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $248.05.

Bloom Energy Price Performance

NYSE:BE opened at $216.75 on Thursday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The business’s 50-day moving average price is $228.44 and its 200 day moving average price is $220.88. Bloom Energy Corporation has a 52-week low of $50.05 and a 52-week high of $351.28. The firm has a market cap of $63.84 billion, a P/E ratio of 289.00, a PEG ratio of 2.93 and a beta of 3.80.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating 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 company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same period in the prior year, the company earned $0.10 EPS. Bloom Energy’s revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, sell-side analysts predict that Bloom Energy Corporation will post 1.92 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 4,677 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $241.75, for a total transaction of $1,130,664.75. Following the completion of the sale, the insider directly owned 159,130 shares of the company’s stock, valued at $38,469,677.50. This represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,895 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction 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 ownership of the stock. 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. Over the last three months, insiders sold 89,464 shares of company stock worth $22,131,255. Company insiders own 3.00% of the company’s stock.

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.