NewEdge Wealth LLC lessened its stake in shares of Bloom Energy Corporation (NYSE:BE – Free Report) by 46.5% in the 1st quarter, Holdings Channel reports. The firm owned 3,685 shares of the company’s stock after selling 3,207 shares during the period. NewEdge Wealth LLC’s holdings in Bloom Energy were worth $499,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of BE. Blue Trust Inc. increased its stake in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of Bloom Energy by 1.6% in the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after acquiring an additional 54 shares in the last quarter. WPG Advisers LLC lifted its position in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares in the last quarter. Cedar Mountain Advisors LLC boosted its stake in shares of Bloom Energy by 29.0% in the first quarter. Cedar Mountain Advisors LLC now owns 334 shares of the company’s stock worth $45,000 after acquiring an additional 75 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in shares of Bloom Energy by 2.9% in the first quarter. D.A. Davidson & CO. now owns 2,655 shares of the company’s stock worth $360,000 after acquiring an additional 75 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Record quarterly results: Bloom Energy reported Q2 revenue of $1.065 billion, up 165.5% year over year and well above the roughly $826 million consensus estimate. Product revenue increased 215.4% to $935.4 million, while gross margin expanded to 33.4% from 26.7%. Adjusted earnings of $0.78 per share surpassed estimates near $0.39-$0.41 and compared with $0.10 a year earlier. Bloom Energy Reports Record Second Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
- Positive Sentiment: Guidance raised above Wall Street expectations: Management now forecasts 2026 revenue of $3.9 billion to $4.2 billion, with a $4.05 billion midpoint about 8% above analyst estimates. Adjusted EPS guidance of $2.55 to $2.85 also exceeds the consensus estimate of $1.99, signaling confidence in demand and operating leverage. Bloom Energy Raises Outlook as Profit, Sales Climb
- Positive Sentiment: AI power demand remains a key catalyst: Investors continue to view Bloom’s onsite fuel-cell systems as a potential solution for power-constrained AI data centers. Attention will remain on the company’s expanded infrastructure partnership with Brookfield Asset Management and whether it can convert that opportunity into recurring orders. Bloom Energy Jumps On Blowout Earnings, Strong Guidance For AI Infrastructure Play
- Neutral Sentiment: The results follow significant pre-earnings volatility. Traders had been taking profits after Bloom’s large year-to-date rally, while broader weakness in AI-related stocks and uncertainty surrounding a recent short-seller report pressured sentiment before the release.
- Negative Sentiment: Despite the operating improvement, Bloom remains a richly valued, high-beta stock with substantial debt relative to equity. Investors may demand continued rapid growth and successful execution to justify the valuation, leaving shares vulnerable to profit-taking if future orders, margins or guidance fail to keep pace.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on BE
Bloom Energy Price Performance
NYSE:BE opened at $167.73 on Wednesday. Bloom Energy Corporation has a one year low of $32.52 and a one year high of $351.28. The stock has a market cap of $47.71 billion, a PE ratio of -3,353.85 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The stock has a 50 day moving average price of $267.30 and a 200 day moving average price of $208.35.
Bloom Energy (NYSE:BE – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts expect that Bloom Energy Corporation will post 1.43 EPS for the current fiscal year.
Insider Buying and Selling at Bloom Energy
In other news, insider Shawn Marie Soderberg sold 2,879 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.10, for a total transaction of $829,439.90. Following the transaction, the insider owned 137,853 shares of the company’s stock, valued at approximately $39,715,449.30. The trade was a 2.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the completion of the sale, the chief accounting officer directly owned 81,945 shares of the company’s stock, valued at $24,039,385.20. This represents a 7.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 118,617 shares of company stock worth $34,238,909. Corporate insiders own 3.00% of the company’s stock.
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.
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