Sequoia Financial Advisors LLC Grows Position in Bloom Energy Corporation $BE

Sequoia Financial Advisors LLC increased its stake in shares of Bloom Energy Corporation (NYSE:BEFree Report) by 110.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,882 shares of the company’s stock after acquiring an additional 3,083 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Bloom Energy were worth $797,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BE. Blue Trust Inc. increased its holdings in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. WPG Advisers LLC boosted 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 valued at $28,000 after purchasing an additional 67 shares during the last quarter. Hantz Financial Services Inc. boosted 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 valued at $28,000 after purchasing an additional 100 shares during the last quarter. Godsey & Gibb Inc. grew its position in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Bloom Energy during the fourth quarter valued at about $28,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Stock Performance

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

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

Bloom Energy News Roundup

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BE. Mizuho set a $285.00 target price on Bloom Energy in a report on Friday, May 1st. JPMorgan Chase & Co. increased their price target on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Susquehanna raised their price target on Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday, July 10th. BTIG Research lifted their price objective on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, TD Cowen upped their price objective on Bloom Energy to $235.00 and gave the stock a “hold” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Bloom Energy presently has an average rating of “Hold” and an average price target of $250.41.

Read Our Latest Analysis on BE

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the sale, the insider directly owned 163,807 shares in the company, valued at $49,202,708.59. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Satish Chitoori sold 2,837 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total value of $820,205.07. Following the completion of the sale, the insider directly owned 207,417 shares of the company’s stock, valued at $59,966,328.87. The trade was a 1.35% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 153,617 shares of company stock valued at $44,003,909. Corporate insiders own 3.00% of the company’s stock.

About Bloom Energy

(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.

Further Reading

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Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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