Profund Advisors LLC purchased a new position in shares of Bloom Energy Corporation (NYSE:BE – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,666 shares of the company’s stock, valued at approximately $738,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Montanova Capital LLC acquired a new position in Bloom Energy during the second quarter worth approximately $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Bloom Energy by 78.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after buying an additional 583,135 shares during the last quarter. Militia Capital Management LLC acquired a new stake in shares of Bloom Energy in the first quarter valued at approximately $813,000. Assenagon Asset Management S.A. lifted its position in shares of Bloom Energy by 3,398.3% in the second quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company’s stock valued at $72,611,000 after buying an additional 233,020 shares during the last quarter. Finally, Zweig DiMenna Associates LLC bought a new position in shares of Bloom Energy during the 1st quarter worth approximately $8,468,000. Institutional investors own 77.04% of the company’s stock.
Insider Activity
In other news, insider Satish Chitoori sold 2,870 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total value of $775,072.20. Following the completion of the sale, the insider owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. The trade was a 1.40% decrease in their ownership of the stock. 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, Director John T. Chambers sold 15,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the completion of the transaction, the director owned 208,333 shares in the company, valued at $52,083,250. This trade represents a 6.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 83,526 shares of company stock worth $20,492,938. Corporate insiders own 3.00% of the company’s stock.
Bloom Energy Price Performance
Bloom Energy stock opened at $199.62 on Thursday. Bloom Energy Corporation has a 12 month low of $75.70 and a 12 month high of $351.28. The stock’s 50 day moving average is $247.91 and its 200-day moving average is $220.78. The company has a current ratio of 3.74, a quick ratio of 3.08 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $59.02 billion, a price-to-earnings ratio of 112.05, a PEG ratio of 2.16 and a beta of 3.63.
Bloom Energy (NYSE:BE – Get Free Report) last announced its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.07 billion. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The firm’s quarterly revenue was up 138.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.15 earnings per share. Equities research analysts expect that Bloom Energy Corporation will post 2.61 EPS for the current year.
Key Headlines Impacting Bloom Energy
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Bloom reported Q3 revenue of $1.24 billion, up 138% year over year, and EPS of $0.94, beating estimates. It has raised its 2026 revenue outlook three times to $4.4–$4.6 billion; Q4 guidance calls for $1.35–$1.55 billion. Bloom Energy’s New Guidance
- Positive Sentiment: Bloom and California Resources signed a non-binding MOU to evaluate at least 1 gigawatt of fuel-cell power paired with carbon capture in California. The potential utility, data-center and industrial applications add to Bloom’s opportunity, though the agreement is not yet a firm order. California Resources collaboration announcement
- Positive Sentiment: Barclays upgraded BE to Overweight, citing demand for on-site power as AI data centers face grid constraints. Its $289 target was lowered from $316 but remains supportive of the long-term demand story. Bloom Energy Stock Upgrade
- Neutral Sentiment: Director John Chambers sold 8,828 shares, worth about $1.8 million, but retained 199,505 shares after the sale. Insider transaction report
- Negative Sentiment: A Seeking Alpha analyst downgraded Bloom to Hold with a $176 target, citing negative AI-sector sentiment and uncertainty about further margin expansion despite the strong quarter. Other coverage also flagged working-capital demands on cash flow. The shares’ sharp prior run-up and elevated valuation may heighten sensitivity to delays converting backlog and proposed projects into revenue. Bloom Energy downgrade analysis
Analyst Ratings Changes
BE has been the topic of a number of research analyst reports. Roth Capital set a $230.00 price target on Bloom Energy in a research note on Friday, October 23rd. Wells Fargo & Company lifted their price objective on shares of Bloom Energy from $176.00 to $182.00 and gave the stock an “equal weight” rating in a research report on Monday, October 26th. Sanford C. Bernstein upped their price objective on shares of Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a report on Friday, October 23rd. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Bloom Energy from $314.00 to $292.00 and set an “overweight” rating on the stock in a research report on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $263.05.
Check Out Our Latest Report on BE
Bloom Energy Company Profile
Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.
The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.
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