Partners Wealth Management LLC Purchases New Position in Bloom Energy Corporation $BE

Posted by Stanley Muller on Oct 30th, 2026

Partners Wealth Management LLC purchased a new stake in Bloom Energy Corporation (NYSE:BE – Free Report) during the 3rd quarter, Holdings Channel reports. The firm purchased 7,408 shares of the company’s stock, valued at approximately $2,052,000.

A number of other hedge funds also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Bloom Energy by 78.3% during 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 worth $401,849,000 after buying an additional 583,135 shares during the period. Jennison Associates LLC grew its holdings in Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares in the last quarter. Bank of America Corp DE increased its position in Bloom Energy by 6.1% in the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after acquiring an additional 126,649 shares during the period. Bank of New York Mellon Corp bought a new stake in Bloom Energy during the 2nd quarter valued at $296,413,000. Finally, Elemental Capital Partners LLC raised its stake in Bloom Energy by 2.5% during the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock valued at $287,791,000 after acquiring an additional 25,625 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on BE. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a research report on Friday, October 23rd. Robert W. Baird raised their price target on Bloom Energy from $310.00 to $351.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Morgan Stanley lifted their price objective on shares of Bloom Energy from $310.00 to $335.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Wall Street Zen downgraded shares of Bloom Energy from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $242.00 target price on shares of Bloom Energy in a research report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy currently has a consensus rating of “Hold” and a consensus target price of $264.33.

View Our Latest Stock Report on Bloom Energy

Insider Buying and Selling at Bloom Energy

In related news, insider Aman Joshi sold 8,437 shares of Bloom Energy stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider directly owned 147,092 shares of the company’s stock, valued at $40,769,489.64. The trade was a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey Immelt sold 30,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the sale, the director owned 201,243 shares in the company, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 89,698 shares of company stock valued at $21,780,758. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Stock Performance

BE opened at $222.28 on Friday. The company has a market capitalization of $65.47 billion, a price-to-earnings ratio of 136.37, a price-to-earnings-growth ratio of 2.36 and a beta of 3.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. Bloom Energy Corporation has a 1-year low of $75.70 and a 1-year high of $351.28. The business has a 50 day moving average price of $248.16 and a two-hundred day moving average price of $219.47.

Bloom Energy (NYSE:BE – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the firm earned $0.15 EPS. The firm’s revenue for the quarter was up 138.1% on a year-over-year basis. Research analysts predict that Bloom Energy Corporation will post 2.55 EPS for the current fiscal year.

Key Headlines Impacting Bloom Energy

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

Positive Sentiment: Bloom reported third-quarter revenue of approximately $1.24 billion, up 138% year over year, and adjusted earnings of $0.94 per share versus analysts’ expectations of $0.69. Management raised its 2026 revenue outlook to $4.4 billion-$4.6 billion, citing surging electricity demand linked to artificial-intelligence data centers. What Did Bloom Energy’s Quarter Change For Its Stock?
Positive Sentiment: The company plans to expand manufacturing capacity and is pursuing utility partnerships, additional AI-related contracts and carbon-capture opportunities, supporting the long-term growth narrative. Bloom Energy Q3 Earnings Call Highlights Guidance Hike & Capacity Plan
Positive Sentiment: Analyst upgrades from Wells Fargo and other coverage prompted a gap higher and reinforced the view that Bloom could benefit from rising power demand and earnings growth. Bloom Energy Stock Jumps 7.2% on Analyst Upgrade
Neutral Sentiment: Investor interest remains focused on whether AI-driven demand can translate into durable cash generation. Analysts continue to identify Bloom as a high-growth candidate, but its valuation leaves limited room for execution missteps. Is Bloom Energy Stock Cheap After AI Demand And Cash Flow Concerns?
Negative Sentiment: Working-capital requirements are increasing: contract assets reached $858.6 million and receivables $634.7 million, while $306.5 million in Oracle-related customer consideration remains a key uncertainty. These issues raise questions about the timing and quality of cash flows. Bloom Energy: One Year Later, I’m Still Long
Negative Sentiment: A separate analyst downgrade and concerns about the stock’s very elevated valuation, including a triple-digit price-to-earnings ratio, are encouraging profit-taking after its substantial multiyear advance. Bloom Energy: Buckle Up, Things Are About To Change

Bloom Energy Company Profile

(Free Report)

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.