Hennion & Walsh Asset Management Inc. boosted its position in shares of Bloom Energy Corporation (NYSE:BE – Free Report) by 90.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,274 shares of the company’s stock after purchasing an additional 2,503 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Bloom Energy were worth $1,596,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. MRA Advisory Group grew its stake in shares of Bloom Energy by 87.2% in the 2nd quarter. MRA Advisory Group now owns 10,196 shares of the company’s stock valued at $3,086,000 after buying an additional 4,750 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Bloom Energy during the 2nd quarter valued at approximately $621,000. Cooper Financial Group purchased a new stake in shares of Bloom Energy during the 2nd quarter valued at approximately $412,000. Castle Rock Wealth Management LLC acquired a new position in Bloom Energy in the second quarter valued at approximately $378,000. Finally, PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Bloom Energy by 9.0% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 34,041 shares of the company’s stock valued at $10,304,000 after acquiring an additional 2,820 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on BE. Barclays increased their price objective on Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 23rd. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. JPMorgan Chase & Co. lowered their price target on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Finally, Mizuho upgraded shares of Bloom Energy from a “neutral” rating to an “outperform” rating and reduced their price objective for the company from $285.00 to $242.00 in a report on Thursday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $246.18.
Insider Activity
In related news, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total transaction of $820,286.46. Following the completion of the transaction, the insider directly owned 132,265 shares in the company, valued at $38,175,646.95. This trade represents a 2.10% 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, Director John T. Chambers sold 55,000 shares of Bloom Energy 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 completion of the transaction, the director directly owned 238,333 shares of the company’s stock, valued at approximately $70,949,350.77. This represents a 18.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 92,585 shares of company stock worth $25,996,248 in the last quarter. Insiders own 3.00% of the company’s stock.
Bloom Energy Stock Up 12.7%
Shares of NYSE BE opened at $238.00 on Thursday. The firm has a market cap of $70.10 billion, a price-to-earnings ratio of 317.33, a PEG ratio of 2.88 and a beta of 3.79. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 52-week low of $40.56 and a 52-week high of $351.28. The business’s 50 day moving average is $250.09 and its two-hundred day moving average is $214.11.
Bloom Energy (NYSE:BE – Get Free Report) last released 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. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the prior year, the firm earned $0.10 earnings per share. The firm’s revenue was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Research analysts predict that Bloom Energy Corporation will post 1.93 EPS for the current year.
Key Bloom Energy News
Here are the key news stories impacting Bloom Energy this week:
- Positive Sentiment: Nebius selected Bloom Energy as the behind-the-meter power partner for a flagship AI data center. The deal reinforces Bloom’s positioning in fast-growing onsite power and fuel-cell markets, where data-center operators need reliable electricity without waiting for broader grid connections. Bloom Energy Jumps as Nebius Picks Its Fuel Cells for AI Data Center
- Positive Sentiment: The announcement helped make Bloom one of the leading AI-infrastructure gainers, alongside Nebius and CoreWeave, as investors renewed the trade around GPU computing and the power required to support it. Nebius, CoreWeave, and Bloom Energy Lead AI Stock Gainers
- Positive Sentiment: Recent business developments also support the growth narrative: Bloom is expanding its relationship with MiTAC Computing Technology to deploy fuel-cell microgrids at an AI server-manufacturing campus in Fremont. Analysts and commentators cited AI-driven electricity demand, Bloom’s faster “time-to-power” advantage, and rising earnings estimates as reasons for optimism. Bloom Energy Deepens AI Power Footprint in Fremont
- Neutral Sentiment: Although the growth outlook is attracting buyers, valuation remains a risk. Commentary noted that Bloom’s stock has risen sharply this year, while its premium valuation leaves less room for execution setbacks or disappointing growth.
- Negative Sentiment: Several law firms publicized a securities class action against Bloom and certain executives, with a September 28, 2026 lead-plaintiff deadline. The lawsuit alleges that the company made misleading statements about its supply chain, including claims concerning Chinese-sourced scandium and components. The allegations have not been proven, but the litigation creates reputational, legal-cost, and investor-confidence risks. Levi and Korsinsky Securities Class Action Notice
Bloom Energy 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.
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