The Manufacturers Life Insurance Company Decreases Position in Bloom Energy Corporation $BE

The Manufacturers Life Insurance Company lessened its stake in Bloom Energy Corporation (NYSE:BE) by 47.4% during the second quarter, HoldingsChannel reports. The firm owned 51,664 shares of the company’s stock after selling 46,571 shares during the period. The Manufacturers Life Insurance Company’s holdings in Bloom Energy were worth $15,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. increased its position in Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the last quarter. Continuum Advisory LLC purchased a new position in shares of Bloom Energy during the 2nd quarter valued at $25,000. Anchor Investment Management LLC purchased a new position in shares of Bloom Energy during the 1st quarter valued at $27,000. Hantz Financial Services Inc. grew its stake in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the period. Finally, Godsey & Gibb Inc. grew its stake in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BE shares. BTIG Research reissued a “buy” rating and issued a $295.00 price objective on shares of Bloom Energy in a report on Wednesday, July 29th. Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and dropped their price objective for the company from $285.00 to $242.00 in a report on Thursday, July 30th. Jefferies Financial Group increased their target price on shares of Bloom Energy from $188.00 to $229.00 and gave the stock a “hold” rating in a research report on Friday, August 14th. Susquehanna lifted their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a research note on Friday, July 10th. Finally, Barclays boosted their price target on shares of Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $249.18.

Insider Activity

In related news, insider Aman Joshi sold 4,677 shares of the business’s 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 transaction, the insider owned 159,130 shares of the company’s stock, valued at approximately $38,469,677.50. The trade was a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the sale, the director directly owned 208,333 shares in the company, valued at $52,083,250. This trade represents a 6.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 89,464 shares of company stock valued at $22,131,255. 3.00% of the stock is currently owned by insiders.

Bloom Energy News Roundup

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

• Positive Sentiment: S&P 500 inclusion is the main catalyst. S&P Dow Jones Indices confirmed Bloom Energy’s addition to the index, which is expected to generate demand from index-tracking funds and increase the company’s visibility among institutional investors. Bloom Energy Climbs as S&P 500 Addition Spreads Fuel Cell Bid
• Positive Sentiment: AI-related power demand continues to support the growth story. Coverage points to rising electricity needs from hyperscalers, neocloud companies and AI laboratories, with Bloom’s fuel-cell systems offering an alternative where grid capacity is constrained. Recent commentary also highlights a sizable order backlog, customer prepayments and improving gross margins. Bloom Energy Has More Room to Run Amid the AI Supercycle
• Positive Sentiment: Product improvements may accelerate deployments. Bloom’s Power Connect system is reported to have the potential to reduce installation time by more than 40%, which could help the company convert its backlog into revenue more quickly. Bloom Energy’s New Power Connect System
• Neutral Sentiment: Bloom announced a season-long ESPN College Football Campus Tour focused on energy reliability, community engagement and emergency-response support. The initiative may improve brand awareness but is unlikely to materially affect near-term financial results. Bloom Energy ESPN College Football Campus Tour
• Neutral Sentiment: Heavy options activity and reports that Situational Awareness bought BE options are adding attention and potentially short-term trading momentum, but do not establish a change in the company’s fundamentals.
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action. The lawsuit covers investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, with a September 28 lead-plaintiff deadline. Reports cite alleged disclosures involving scandium sourcing and “no China supply chain” representations. The allegations could create legal costs, reputational risk and investor uncertainty, although the claims have not been adjudicated. Kaplan Fox Bloom Energy Class Action Reminder

Bloom Energy Price Performance

Shares of NYSE BE opened at $275.50 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. Bloom Energy Corporation has a fifty-two week low of $61.37 and a fifty-two week high of $351.28. The stock has a market cap of $81.14 billion, a PE ratio of 367.33, a price-to-earnings-growth ratio of 3.78 and a beta of 3.80. The stock has a fifty day moving average of $225.34 and a 200-day moving average of $225.85.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same quarter in the prior year, the firm posted $0.10 EPS. The firm’s quarterly 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. Equities research analysts anticipate that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.