36,200 Shares in Bloom Energy Corporation $BE Acquired by Oregon Public Employees Retirement Fund

Key Points

• Oregon Public Employees Retirement Fund opened a Bloom Energy position, buying 36,200 shares worth approximately $10.0 million in the third quarter. Institutional investors collectively own about 77% of the company’s shares.
• Bloom Energy reported third-quarter revenue of $1.24 billion, up 138% year over year, and earnings per share of $0.94, beating analyst estimates; the company has raised its 2026 revenue outlook to $4.4–$4.6 billion.
• Despite the strong results and growth outlook, shares fell 6.7% in the reported session. Analysts are divided, with a consensus “Hold” rating, while concerns include valuation, margin expansion and converting potential projects into firm orders.

Oregon Public Employees Retirement Fund purchased a new stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 36,200 shares of the company's stock, valued at approximately $10,027,000.

Several other institutional investors and hedge funds also recently bought and sold shares of BE. Continuum Advisory LLC purchased a new position in Bloom Energy in the 2nd quarter valued at approximately $25,000. Trifecta Capital Advisors LLC bought a new stake in Bloom Energy during the 3rd quarter valued at $26,000. MJT & Associates Financial Advisory Group Inc. raised its holdings in Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company's stock valued at $34,000 after acquiring an additional 37 shares during the period. Markowski Investments purchased a new stake in shares of Bloom Energy during the second quarter worth $37,000. Finally, Oakworth Capital Inc. purchased a new stake in shares of Bloom Energy during the third quarter worth $35,000. 77.04% of the stock is owned by institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom reported Q3 revenue of $1.24 billion, up 138% year over year, and EPS of $0.94, beating estimates. It has raised its 2026 revenue outlook three times to $4.4–$4.6 billion; Q4 guidance calls for $1.35–$1.55 billion. Bloom Energy's New Guidance
• Positive Sentiment: Bloom and California Resources signed a non-binding MOU to evaluate at least 1 gigawatt of fuel-cell power paired with carbon capture in California. The potential utility, data-center and industrial applications add to Bloom’s opportunity, though the agreement is not yet a firm order. California Resources collaboration announcement
• Positive Sentiment: Barclays upgraded BE to Overweight, citing demand for on-site power as AI data centers face grid constraints. Its $289 target was lowered from $316 but remains supportive of the long-term demand story. Bloom Energy Stock Upgrade
• Neutral Sentiment: Director John Chambers sold 8,828 shares, worth about $1.8 million, but retained 199,505 shares after the sale. Insider transaction report
• Negative Sentiment: A Seeking Alpha analyst downgraded Bloom to Hold with a $176 target, citing negative AI-sector sentiment and uncertainty about further margin expansion despite the strong quarter. Other coverage also flagged working-capital demands on cash flow. The shares’ sharp prior run-up and elevated valuation may heighten sensitivity to delays converting backlog and proposed projects into revenue. Bloom Energy downgrade analysis

Bloom Energy Trading Down 6.7%

Shares of BE opened at $199.62 on Thursday. The stock has a market capitalization of $59.02 billion, a P/E ratio of 122.47, a PEG ratio of 2.16 and a beta of 3.63. The company has a quick ratio of 3.08, a current ratio of 3.74 and a debt-to-equity ratio of 1.33. The firm has a fifty day simple moving average of $247.91 and a two-hundred day simple moving average of $220.78. Bloom Energy Corporation has a twelve month low of $75.70 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the business earned $0.15 EPS. The company's revenue for the quarter was up 138.1% on a year-over-year basis. On average, research analysts anticipate that Bloom Energy Corporation will post 2.61 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BE shares. Oppenheimer reaffirmed a "market perform" rating on shares of Bloom Energy in a report on Friday, October 23rd. Citigroup boosted their price objective on Bloom Energy from $281.00 to $284.00 and gave the company a "neutral" rating in a research note on Thursday, October 29th. BMO Capital Markets cut Bloom Energy from an "outperform" rating to a "market perform" rating in a report on Tuesday. Mizuho raised their target price on Bloom Energy from $242.00 to $351.00 and gave the stock an "outperform" rating in a research note on Monday, September 14th. Finally, Sanford C. Bernstein raised their target price on Bloom Energy from $282.00 to $306.00 and gave the stock a "market perform" rating in a research note on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $263.05.

Insider Buying and Selling

In other news, insider Satish Chitoori sold 2,870 shares of the business's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the completion of the transaction, the insider owned 202,494 shares in the company, valued at $54,685,529.64. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 the business's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the transaction, the director owned 201,243 shares of the company's stock, valued at $48,078,965.13. This represents a 12.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 83,526 shares of company stock worth $20,492,938 over the last 90 days. 3.00% of the stock is currently owned by company insiders.

About Bloom Energy

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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