11,460 Shares in Bloom Energy Corporation $BE Acquired by Blue Jean Financial LLC

Key Points

• Blue Jean Financial LLC acquired 11,460 Bloom Energy shares valued at approximately $3.17 million, making the position 1.9% of its portfolio. Institutional investors collectively own 77.04% of Bloom Energy.
• Bloom Energy is benefiting from demand for on-site power at AI and cloud data centers, with analysts expecting substantial year-over-year growth in third-quarter revenue and earnings. Investors are also watching backlog, margins, free cash flow, and execution on data-center contracts.
• The stock remains highly volatile and richly valued, with a P/E ratio near 198 and a recent price of $222.62 versus a 52-week high of $351.28. Analysts maintain a consensus “Moderate Buy” rating with an average target price of $260.05, though some caution that the valuation leaves limited room for disappointing results.

Blue Jean Financial LLC acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,460 shares of the company's stock, valued at approximately $3,174,000. Bloom Energy accounts for 1.9% of Blue Jean Financial LLC's portfolio, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Montanova Capital LLC acquired a new stake in Bloom Energy in the 2nd quarter valued at about $10,231,000. 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 2nd 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 purchasing an additional 583,135 shares in the last quarter. Militia Capital Management LLC bought a new position in shares of Bloom Energy during the 1st quarter valued at about $813,000. Assenagon Asset Management S.A. boosted its position in shares of Bloom Energy by 3,398.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company's stock valued at $72,611,000 after purchasing an additional 233,020 shares in the last quarter. Finally, Zweig DiMenna Associates LLC acquired a new position in shares of Bloom Energy in the 1st quarter worth approximately $8,468,000. Institutional investors own 77.04% of the company's stock.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy’s solid oxide fuel-cell business is benefiting from strong demand for on-site power at AI and cloud data centers. Projects involving Oracle and Google, along with a growing backlog and improving free cash flow, support the long-term growth story. Is AI Data Center Deals Altering The Investment Case For Bloom Energy Stock?
• Positive Sentiment: Analysts anticipate significant third-quarter growth, with consensus estimates calling for revenue of approximately $1.06 billion—roughly double the prior-year period—and adjusted earnings per share of about $0.70, versus $0.15 a year earlier. BE Stock Jumps Premarket Into Earnings Week
• Neutral Sentiment: Bloom Energy is among the AI-related companies reporting this week, keeping the stock in focus as investors evaluate whether AI infrastructure spending is translating into near-term revenue and earnings. META Earnings & 2 Other AI-Related Reports to Watch This Week
• Neutral Sentiment: Investors are looking beyond revenue and EPS to metrics such as backlog, margins, cash flow, and operating execution. These indicators could determine whether the company’s data-center expansion is sustainable. Exploring Analyst Estimates for Bloom Energy Q3 Earnings
• Negative Sentiment: The stock has slumped from earlier highs and recently reached its lowest level since early September, reflecting heightened volatility and investor caution before earnings. Bloom Energy Stock Braces for Volatility as Q3 Earnings Loom
• Negative Sentiment: Bloom Energy’s premium valuation leaves limited room for disappointment. Even strong results may not support the stock unless management delivers on data-center contracts, backlog growth, profitability, and its outlook. Bloom Energy Q3 Earnings on Deck

Analyst Ratings Changes

BE has been the topic of a number of research reports. Robert W. Baird boosted their target price on shares of Bloom Energy from $310.00 to $351.00 and gave the stock an "outperform" rating in a report on Thursday, October 15th. BMO Capital Markets cut their target price on shares of Bloom Energy from $279.00 to $227.00 and set a "market perform" rating for the company in a research note on Wednesday, July 29th. Truist Financial raised their target price on shares of Bloom Energy from $218.00 to $240.00 and gave the stock a "hold" rating in a report on Friday, October 16th. Mizuho raised their target price on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an "outperform" rating in a report on Monday, September 14th. Finally, Jefferies Financial Group lifted their price target on shares of Bloom Energy from $229.00 to $264.00 and gave the stock a "hold" rating in a research report on Tuesday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Bloom Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $260.05.

Bloom Energy Stock Performance

Bloom Energy stock opened at $222.62 on Wednesday. The firm's 50 day simple moving average is $249.83 and its 200-day simple moving average is $248.26. The company has a market cap of $65.57 billion, a P/E ratio of 198.44, a price-to-earnings-growth ratio of 2.92 and a beta of 3.77. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. Bloom Energy Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $351.28.

Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.39. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm's revenue was up 165.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities research analysts predict that Bloom Energy Corporation will post 2.04 EPS for the current year.

Insider Activity

In other news, insider Satish Chitoori sold 2,870 shares of Bloom Energy stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the transaction, the insider owned 202,494 shares in the company, 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 filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey R. Immelt sold 30,000 shares of Bloom Energy stock in a transaction on Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the transaction, the director owned 201,243 shares in the company, valued at $48,078,965.13. This represents a 12.97% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by corporate insiders.

Bloom Energy 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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