National Pension Service Makes New $30.62 Million Investment in Bloom Energy Corporation $BE

National Pension Service purchased a new position in Bloom Energy Corporation (NYSE:BE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 352,410 shares of the company’s stock, valued at approximately $30,621,000.

A number of other institutional investors also recently made changes to their positions in BE. Graticule Asia Macro Advisors LLC acquired a new position in shares of Bloom Energy in the third quarter worth $402,494,000. Trivest Advisors Ltd raised its holdings in shares of Bloom Energy by 1,461.6% in the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after acquiring an additional 3,201,000 shares during the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of Bloom Energy in the third quarter worth $141,679,000. Man Group plc raised its holdings 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 worth $57,239,000 after acquiring an additional 1,530,167 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Bloom Energy by 6.3% in the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after acquiring an additional 1,240,819 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

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Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy continues to get bullish attention from analysts and media, including a recent Daiwa upgrade to Outperform with a $324 price target, citing an inflection in orders, capacity, and margins. Here’s Why Bloom Energy (BE) Is Among the Best Future Stocks to Buy Right Now
• Positive Sentiment: Recent commentary also highlights Bloom Energy’s strong growth outlook, with articles pointing to rising interest in its fuel-cell technology and improving earnings potential. Bloom Energy: Spare Capacity May Lead To Surging EPS Growth
• Neutral Sentiment: Several comparison pieces versus FuelCell Energy kept Bloom in the spotlight, with analysts favoring BE’s estimate upgrades and return on invested capital over FCEL’s lower leverage. Bloom Energy vs. FuelCell Energy: Which Clean Energy Stock Leads?
• Negative Sentiment: The main driver of weakness appears to be profit-taking after a steep recent move, as traders unwind positions tied to the AI data-center power-demand theme. Bloom Energy Stock Is Sliding: What’s Driving The Move?
• Negative Sentiment: Another note from Thursday said BE was already slipping as investors reassessed how much upside was left after the recent surge. What’s Going On With Bloom Energy Stock Today?

Insiders Place Their Bets

In related news, insider Satish Chitoori sold 20,000 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the completion of the transaction, the insider directly owned 212,365 shares in the company, valued at approximately $43,371,303.95. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Aman Joshi sold 19,944 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40. Following the sale, the insider directly owned 190,521 shares of the company’s stock, valued at approximately $29,502,176.85. This trade represents a 9.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 268,777 shares of company stock valued at $55,112,564. 3.00% of the stock is owned by company insiders.

Bloom Energy Stock Performance

Bloom Energy stock opened at $284.48 on Monday. The firm has a market capitalization of $80.92 billion, a P/E ratio of -5,688.50 and a beta of 3.74. The stock has a fifty day moving average price of $220.81 and a 200 day moving average price of $160.38. Bloom Energy Corporation has a 52 week low of $18.12 and a 52 week high of $322.83. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE – Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s quarterly revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BE. BMO Capital Markets boosted their price target on Bloom Energy to $149.00 and gave the stock a “market perform” rating in a report on Friday, February 6th. UBS Group boosted their price target on Bloom Energy to $251.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Susquehanna boosted their price target on Bloom Energy to $293.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Mizuho set a $285.00 price target on Bloom Energy in a report on Friday, May 1st. Finally, Morgan Stanley reissued an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $217.48.

Check Out Our Latest Stock Report on Bloom Energy

Bloom Energy 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.

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