Segall Bryant & Hamill LLC bought a new position in shares of Bloom Energy Corporation (NYSE:BE – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,921 shares of the company’s stock, valued at approximately $396,000.
Several other institutional investors also recently bought and sold shares of BE. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy during the 4th quarter valued at about $347,560,000. Norges Bank bought a new stake in Bloom Energy during the fourth quarter worth approximately $239,683,000. Jennison Associates LLC boosted its position in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares during the period. Amundi grew its holdings in Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares during the last quarter. Finally, Man Group plc raised its position in shares of Bloom Energy by 177.4% in the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after purchasing an additional 1,530,167 shares during the period. 77.04% of the stock is currently owned by institutional investors.
Bloom Energy News Roundup
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Expanded MiTAC partnership reinforces Bloom’s AI data-center opportunity. Bloom will deploy fuel-cell systems for an islanded microgrid as part of its expanded relationship with MiTAC Computing Technology. The agreement supports the investment thesis that onsite, reliable power is becoming increasingly important for rapidly expanding AI infrastructure. Bloom Energy MiTAC partnership announcement
- Positive Sentiment: Manufacturing expansion could support future demand. Bloom is considering an expansion in Fremont that could add hundreds of manufacturing jobs, suggesting management is preparing for growth in fuel-cell systems and AI-related onsite-power demand. Bloom Energy Fremont expansion article
- Neutral Sentiment: Strong quarterly results remain a fundamental support. Bloom recently reported $1.07 billion in quarterly revenue, up 165.5% year over year and above the $826.1 million consensus estimate. EPS of $0.78 also exceeded the $0.39 estimate. However, the stock’s elevated valuation and recent volatility may be limiting the effect of those results. Bloom Energy stock and earnings information
- Negative Sentiment: Repeated law-firm announcements are increasing legal and reputational risk. Several firms are promoting a securities class action covering investors who purchased Bloom shares between February 27, 2025, and July 8, 2026. The complaint reportedly alleges Bloom misled investors about China-related supply-chain exposure and scandium sourcing. The allegations have not been proven, but the continuing publicity is weighing on sentiment; the lead-plaintiff deadline is September 28, 2026. Bloom Energy securities class action announcement
- Negative Sentiment: A director’s stock sale may add to selling pressure. Director John Chambers sold 15,000 shares for approximately $3.08 million, reducing his direct ownership by 6.29%. He retains a substantial position, so the transaction alone does not establish a change in the company’s outlook. SEC insider transaction filing
- Negative Sentiment: Recent momentum has weakened. Articles note that Bloom has fallen roughly 20% over the past month after an exceptionally strong year-to-date rally. Investors appear to be taking profits and reassessing whether AI-driven growth can justify the company’s high valuation while the lawsuit remains unresolved. Bloom Energy recent pullback analysis
Bloom Energy Price Performance
Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Robert W. Baird restated an “outperform” rating and issued a $310.00 price objective on shares of Bloom Energy in a research note on Thursday, July 9th. TD Cowen restated a “hold” rating and set a $235.00 target price on shares of Bloom Energy in a research note on Monday, July 20th. Citigroup reissued a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. UBS Group cut their target price on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Finally, Evercore reissued an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a report on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $246.18.
Read Our Latest Stock Report on BE
Insider Activity
In other Bloom Energy news, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $297.69, for a total value of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares in the company, valued at $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Maciej Kurzymski sold 6,229 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 108,617 shares of company stock worth $30,648,609 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.
Bloom Energy Company Profile
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.
Read More
- Five stocks we like better than Bloom Energy
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE – Free Report).
Receive News & Ratings for Bloom Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloom Energy and related companies with MarketBeat.com's FREE daily email newsletter.
