Nicholas Investment Partners LP Grows Position in Bloom Energy Corporation $BE

Nicholas Investment Partners LP lifted its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 112,116 shares of the company’s stock after purchasing an additional 3,182 shares during the quarter. Nicholas Investment Partners LP’s holdings in Bloom Energy were worth $9,742,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. grew its holdings 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 purchasing an additional 100 shares during the period. WPG Advisers LLC grew its holdings in shares of Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Bloom Energy during the 4th quarter worth $28,000. Fifth Third Bancorp purchased a new position in shares of Bloom Energy during the 3rd quarter worth $32,000. Finally, McMillan Office Inc. purchased a new position in shares of Bloom Energy during the 4th quarter worth $37,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Price Performance

BE stock opened at $260.39 on Friday. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The firm has a market capitalization of $74.07 billion, a P/E ratio of -5,206.80 and a beta of 3.73. The business’s 50-day moving average is $246.21 and its two-hundred day moving average is $171.19. Bloom Energy Corporation has a 1 year low of $20.93 and a 1 year high of $322.83.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,746 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $259.42, for a total value of $712,367.32. Following the sale, the insider owned 135,107 shares of the company’s stock, valued at $35,049,457.94. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 6,229 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the completion of the sale, the chief accounting officer directly owned 81,945 shares in the company, valued at $24,039,385.20. This represents a 7.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 323,777 shares of company stock worth $71,485,514 over the last ninety days. Company insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BE shares. TD Cowen increased their price target on Bloom Energy to $235.00 and gave the stock a “hold” rating in a report on Wednesday, April 29th. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. JPMorgan Chase & Co. raised their target price on Bloom Energy to $267.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. BTIG Research raised their target price on Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $217.48.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy is being highlighted as a beneficiary of rising demand for reliable power to support AI data centers, with commentary pointing to its fuel-cell technology as a solution for grid-constrained projects and a reason traders are re-entering the name. Bloom Energy Stock Is Climbing Thursday: What’s Driving The Move?
• Positive Sentiment: Recent coverage says Bloom Energy continues to stand out in the renewable-energy group, with strong earnings performance helping support the bullish case and reinforcing its growth momentum versus peers. Renewable Energy Q1 Earnings: Bloom Energy (NYSE:BE) is the Best in the Biz
• Neutral Sentiment: Bloom Energy’s stock has already delivered an enormous multi-year gain, and one article questions whether there is still upside left after the rally, which may be encouraging some investors to reassess valuation rather than chase the stock. Bloom Energy (BE) Stock After 13x Three Year Surge Is There Still Upside Potential
• Neutral Sentiment: One bearish note downgraded Bloom Energy to hold, arguing that AI enthusiasm may be running ahead of fundamentals, which adds caution but does not point to a major business setback. Bloom Energy: AI Euphoria Meets Reality, Downgrading To Hold
• Negative Sentiment: Coverage also notes that Bloom Energy has pulled back from a recent peak, and that a paused data-center project tied to Crusoe raises a near-term reminder that some AI-power demand could be delayed even if the longer-term thesis remains intact. BE Stock Recovers After 10% Selloff: Morgan Stanley Says Crusoe Project Pause Does Not Break AI Power Thesis

About Bloom Energy

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.