Fideuram Intesa Sanpaolo Private Banking S.P.A. Has $23.60 Million Stake in Bloom Energy Corporation $BE

Fideuram Intesa Sanpaolo Private Banking S.P.A. lifted its stake in Bloom Energy Corporation (NYSE:BEFree Report) by 16.1% in the first quarter, Holdings Channel.com reports. The firm owned 174,200 shares of the company’s stock after acquiring an additional 24,107 shares during the quarter. Bloom Energy comprises 0.8% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s portfolio, making the stock its 26th largest holding. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Bloom Energy were worth $23,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklands Fund Management Ltd purchased a new stake in Bloom Energy in the 4th quarter worth approximately $347,560,000. Norges Bank acquired a new stake in shares of Bloom Energy during the 4th quarter valued at $239,683,000. Amundi grew its holdings in shares of Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares in the last quarter. Man Group plc grew its holdings in shares of Bloom Energy by 177.4% during the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after acquiring an additional 1,530,167 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of Bloom Energy in the third quarter worth $98,444,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Stock Down 6.3%

Shares of BE stock opened at $271.13 on Friday. The stock’s 50 day simple moving average is $280.49 and its 200 day simple moving average is $190.83. Bloom Energy Corporation has a twelve month low of $22.81 and a twelve month high of $351.28. 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 company has a market capitalization of $77.12 billion, a price-to-earnings ratio of -5,421.48 and a beta of 3.73.

Bloom Energy (NYSE:BEGet Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The firm had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the prior year, the business earned $0.03 earnings per share. The company’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, research analysts predict that Bloom Energy Corporation will post 1.34 EPS for the current year.

Bloom Energy News Roundup

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

  • Positive Sentiment: Bloom Energy and Brookfield expanded their AI power-financing framework to $25 billion, a fivefold increase that boosts the outlook for Bloom’s fuel-cell deployments in data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
  • Positive Sentiment: Coverage highlighting Bloom Energy’s position as a key AI power-infrastructure beneficiary is helping reinforce the stock’s growth narrative and investor enthusiasm. Bloom Energy’s $25B partnership targets AI’s next bottleneck
  • Neutral Sentiment: An insider sale by Chief Commercial Officer Aman Joshi was disclosed, which may create some caution, but the transaction was relatively small versus his remaining holdings and appears more like routine selling than a fundamental change in the business outlook.
  • Negative Sentiment: Bloom Energy was downgraded by Zacks Research from “strong-buy” to “hold,” which could temper some near-term upside expectations. Zacks downgrade coverage
  • Negative Sentiment: Some commentary says the stock may already be priced for near-perfect execution after a huge run-up, raising valuation-risk concerns if Bloom fails to deliver on its ambitious AI backlog.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Susquehanna lifted their price objective on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Wells Fargo & Company raised their price target on Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on Bloom Energy to $267.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Jefferies Financial Group upgraded Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective on the stock in a report on Tuesday, April 14th. Finally, Mizuho set a $285.00 price objective on shares of Bloom Energy in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Bloom Energy presently has an average rating of “Hold” and a consensus target price of $236.14.

Get Our Latest Stock Report on BE

Insiders Place Their Bets

In related news, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the transaction, the chief accounting officer owned 79,686 shares in the company, valued at $22,998,973.32. This trade represents a 2.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,837 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider owned 207,417 shares in the company, valued at $59,966,328.87. This trade represents a 1.35% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 228,617 shares of company stock valued at $59,843,659 in the last three months. Company insiders own 3.00% of the company’s stock.

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.

See Also

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:BEFree Report).

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

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