3,413 Bloom Energy Corporation $BE Shares Acquired by Rye Brook Capital LLC

Rye Brook Capital LLC increased its stake in shares of Bloom Energy Corporation (NYSE:BE) by 25.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,812 shares of the company’s stock after purchasing an additional 3,413 shares during the quarter. Bloom Energy accounts for 3.0% of Rye Brook Capital LLC’s holdings, making the stock its 13th biggest holding. Rye Brook Capital LLC’s holdings in Bloom Energy were worth $4,657,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of BE. Glynn Capital Management LLC purchased a new stake in shares of Bloom Energy in the third quarter valued at $9,486,000. Eleva Capital SAS bought a new position in Bloom Energy during the 3rd quarter valued at about $1,053,000. Central Pacific Bank Trust Division raised its position in Bloom Energy by 46.0% in the 3rd quarter. Central Pacific Bank Trust Division now owns 4,857 shares of the company’s stock worth $1,345,000 after purchasing an additional 1,531 shares during the period. Eastern Bank raised its position in Bloom Energy by 157.7% in the 3rd quarter. Eastern Bank now owns 2,165 shares of the company’s stock worth $600,000 after purchasing an additional 1,325 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Bloom Energy by 13.8% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 355 shares of the company’s stock worth $98,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy News Roundup

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

• Positive Sentiment: Morgan Stanley reportedly views Bloom Energy as a potential major beneficiary of an estimated 77-gigawatt data-center power shortfall. Bloom’s fuel-cell systems can provide electricity faster than traditional grid connections, strengthening its position in the AI infrastructure buildout. Morgan Stanley sees Bloom Energy as a winner amid 77 GW shortfall for data centers
• Positive Sentiment: Bloom’s purchase of a 158,000-square-foot facility in Fremont suggests it is preparing to expand manufacturing capacity ahead of potentially accelerating demand from data centers and other large power users. Bloom Energy Is Building Like Demand Is About to Explode
• Positive Sentiment: Jim Cramer highlighted Bloom as a favored AI power play because its systems could help data-center operators secure electricity without relying entirely on constrained utility grids. Jim Cramer Says This Stock is His Favorite AI Power Play
• Neutral Sentiment: Bloom has crossed key short- and long-term moving averages, indicating strong technical momentum. However, the investment case is contested because improving earnings expectations and AI exposure are offset by substantial leverage and a premium valuation.
• Neutral Sentiment: Investors are awaiting the company’s upcoming earnings report. The prior quarter showed significant revenue growth and an earnings beat, raising expectations for another strong update but also increasing the risk of disappointment.
• Negative Sentiment: Sanford C. Bernstein reaffirmed a “market perform” rating and assigned a $282 price target, below the stock’s recently cited trading level, limiting enthusiasm among valuation-sensitive investors.

Bloom Energy Stock Down 1.5%

Shares of BE stock traded down $4.43 during mid-day trading on Wednesday, hitting $291.35. The stock had a trading volume of 10,912,840 shares, compared to its average volume of 12,976,224. Bloom Energy Corporation has a 12-month low of $75.70 and a 12-month high of $351.28. The firm has a market capitalization of $85.81 billion, a P/E ratio of 388.47, a price-to-earnings-growth ratio of 3.66 and a beta of 3.77. The firm’s 50-day moving average is $242.11 and its two-hundred day moving average is $240.46. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. During the same quarter last year, the firm posted $0.10 earnings per share. 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. On average, analysts predict that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Bloom Energy news, insider Satish Chitoori sold 2,870 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the sale, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, Director Jeffrey Immelt sold 30,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the sale, the director directly owned 201,243 shares in the company, valued at $48,078,965.13. This trade represents a 12.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 89,698 shares of company stock valued at $21,780,758 over the last ninety days. Company insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Zacks Research cut Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $282.00 target price on shares of Bloom Energy in a research note on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Robert W. Baird restated an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. Finally, UBS Group raised their price target on shares of Bloom Energy from $325.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $258.32.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.