John G Ullman & Associates Inc. Lowers Stock Position in Bloom Energy Corporation $BE

Posted by George Bondi on Jul 18th, 2026

John G Ullman & Associates Inc. trimmed its holdings in Bloom Energy Corporation (NYSE:BE – Free Report) by 5.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,662 shares of the company’s stock after selling 7,113 shares during the period. Bloom Energy accounts for 2.3% of John G Ullman & Associates Inc.’s holdings, making the stock its 9th largest position. John G Ullman & Associates Inc.’s holdings in Bloom Energy were worth $17,026,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in BE. Strs Ohio grew its holdings in shares of Bloom Energy by 24.8% during the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after purchasing an additional 8,200 shares in the last quarter. Fortem Financial Group LLC acquired a new position in Bloom Energy in the fourth quarter valued at about $369,000. Norges Bank bought a new stake in Bloom Energy during the fourth quarter worth about $239,683,000. Cidel Asset Management Inc. bought a new stake in Bloom Energy during the first quarter worth about $445,000. Finally, Asset Management One Co. Ltd. bought a new stake in Bloom Energy during the fourth quarter worth about $7,574,000. 77.04% of the stock is currently owned by institutional investors.

More Bloom Energy News

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

Positive Sentiment: IDF and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure, supporting growth in Bloom’s core power technology and strengthening its AI-related revenue opportunity. Reuters article
Positive Sentiment: Additional coverage and commentary have highlighted Bloom Energy’s strong stock performance and momentum, with analysts describing it as a stock benefiting from solid quarterly results and long-term gains. Yahoo Finance article
Neutral Sentiment: Bloom Energy has also appeared on momentum screens and in analyst-style market commentary, which may support trading interest but does not change the company’s fundamentals. Zacks article
Negative Sentiment: Two law firms announced securities-fraud investigations into Bloom Energy following a short report, creating headline risk and raising concerns about potential disclosures or litigation. Business Wire article
Negative Sentiment: Short-seller commentary and related reports have argued Bloom may face supply-chain risks and valuation concerns, which could pressure sentiment despite the AI deal news. Barchart article

Analyst Ratings Changes

Several research firms have commented on BE. UBS Group raised their target price on shares of Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Robert W. Baird reissued an “outperform” rating and issued a $310.00 price objective on shares of Bloom Energy in a research note on Thursday, July 9th. Jefferies Financial Group upped their target price on Bloom Energy from $207.00 to $246.00 and gave the stock a “hold” rating in a research note on Monday, July 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a report on Wednesday, June 10th. Finally, BTIG Research boosted their price target on Bloom Energy to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $250.41.

View Our Latest Research Report on BE

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the transaction, the insider owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This represents a 4.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction, the chief accounting officer owned 81,945 shares of the company’s stock, valued at $24,039,385.20. This represents a 7.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 153,617 shares of company stock valued at $44,003,909. 3.00% of the stock is owned by company insiders.

Bloom Energy Trading Up 3.5%

Shares of Bloom Energy stock opened at $213.88 on Friday. The firm has a market capitalization of $60.84 billion, a PE ratio of -4,276.78 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm’s 50 day moving average is $278.38 and its 200 day moving average is $202.41. Bloom Energy Corporation has a 1 year low of $24.04 and a 1 year high of $351.28.

Bloom Energy (NYSE:BE – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the prior year, the firm earned $0.03 EPS. The firm’s revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts forecast that Bloom Energy Corporation will post 1.43 earnings per share for the current fiscal year.

Bloom Energy Company Profile

(Free Report)

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.