Profund Advisors LLC Purchases New Holdings in Bloom Energy Corporation $BE

Profund Advisors LLC purchased a new stake in Bloom Energy Corporation (NYSE:BE) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 2,666 shares of the company’s stock, valued at approximately $738,000.

Other large investors have also added to or reduced their stakes in the company. ProShare Advisors LLC raised its holdings in Bloom Energy by 5,260.6% in the 3rd quarter. ProShare Advisors LLC now owns 46,423 shares of the company’s stock valued at $12,858,000 after acquiring an additional 45,557 shares in the last quarter. Vise Technologies Inc. acquired a new stake in shares of Bloom Energy during the 3rd quarter worth $1,709,000. Global Assets Advisory LLC grew its holdings in shares of Bloom Energy by 5.2% during the 3rd quarter. Global Assets Advisory LLC now owns 1,877 shares of the company’s stock worth $542,000 after purchasing an additional 92 shares in the last quarter. Marin Bay Wealth Advisors LLC acquired a new stake in shares of Bloom Energy during the 3rd quarter worth $346,000. Finally, Gilliland Jeter Wealth Management LLC grew its holdings in shares of Bloom Energy by 32.9% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 11,565 shares of the company’s stock worth $3,203,000 after purchasing an additional 2,865 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: Bloom reported Q3 revenue of $1.24 billion, up 138% year over year, and EPS of $0.94, beating estimates. It has raised its 2026 revenue outlook three times to $4.4–$4.6 billion; Q4 guidance calls for $1.35–$1.55 billion. Bloom Energy’s New Guidance
• Positive Sentiment: Bloom and California Resources signed a non-binding MOU to evaluate at least 1 gigawatt of fuel-cell power paired with carbon capture in California. The potential utility, data-center and industrial applications add to Bloom’s opportunity, though the agreement is not yet a firm order. California Resources collaboration announcement
• Positive Sentiment: Barclays upgraded BE to Overweight, citing demand for on-site power as AI data centers face grid constraints. Its $289 target was lowered from $316 but remains supportive of the long-term demand story. Bloom Energy Stock Upgrade
• Neutral Sentiment: Director John Chambers sold 8,828 shares, worth about $1.8 million, but retained 199,505 shares after the sale. Insider transaction report
• Negative Sentiment: A Seeking Alpha analyst downgraded Bloom to Hold with a $176 target, citing negative AI-sector sentiment and uncertainty about further margin expansion despite the strong quarter. Other coverage also flagged working-capital demands on cash flow. The shares’ sharp prior run-up and elevated valuation may heighten sensitivity to delays converting backlog and proposed projects into revenue. Bloom Energy downgrade analysis

Insiders Place Their Bets

In related news, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the sale, the insider directly owned 202,494 shares of the company’s stock, valued at $54,685,529.64. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,295 shares of Bloom Energy stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the transaction, the chief accounting officer owned 77,391 shares in the company, valued at approximately $20,773,292.22. This represents a 2.88% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 83,526 shares of company stock valued at $20,492,938 over the last ninety days. 3.00% of the stock is owned by insiders.

Bloom Energy Trading Down 6.7%

Shares of BE stock opened at $199.62 on Thursday. The stock’s fifty day moving average price is $247.91 and its two-hundred day moving average price is $220.78. The company has a market cap of $59.02 billion, a PE ratio of 112.05, a P/E/G ratio of 2.16 and a beta of 3.63. Bloom Energy Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company posted $0.15 EPS. The company’s revenue for the quarter was up 138.1% compared to the same quarter last year. Equities analysts predict that Bloom Energy Corporation will post 2.61 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Roth Capital set a $230.00 price target on Bloom Energy in a research note on Friday, October 23rd. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a research note on Friday, October 23rd. BTIG Research reduced their price objective on shares of Bloom Energy from $295.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, October 23rd. Susquehanna raised their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday, July 10th. Finally, Mizuho boosted their target price on shares of Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $263.05.

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.