Amundi Has $102.97 Million Stock Holdings in Bloom Energy Corporation $BE

Amundi trimmed its position in Bloom Energy Corporation (NYSE:BE - Free Report) by 75.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 759,960 shares of the company's stock after selling 2,394,237 shares during the period. Amundi owned approximately 0.27% of Bloom Energy worth $102,967,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in BE. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy during the fourth quarter worth approximately $347,560,000. Norges Bank acquired a new stake in Bloom Energy in the 4th quarter valued at $239,683,000. Jennison Associates LLC grew its position 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 valued at $364,066,000 after purchasing an additional 2,673,710 shares during the period. Man Group plc increased its stake in 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 purchasing an additional 1,530,167 shares in the last quarter. Finally, Wellington Management Group LLP bought a new stake in Bloom Energy during the 3rd quarter valued at $98,444,000. 77.04% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Analyst support and AI demand: Mizuho upgraded Bloom Energy to “Outperform” and set a $242 price target, citing the potential for fuel cells to provide rapidly deployable power for data centers. Other coverage also highlights Bloom’s commercial scale and a reported multiyear backlog tied to artificial-intelligence power demand. Mizuho upgrades Bloom Energy
• Positive Sentiment: Strong quarterly results continue to support the bull case: Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year, and EPS of $0.78 versus the $0.39 consensus estimate. The company also issued fiscal 2026 EPS guidance of $2.55 to $2.85, reinforcing optimism about accelerating demand and operating leverage. Bloom Energy shares gap up after strong earnings
• Neutral Sentiment: Valuation and technical volatility are limiting conviction: Despite the earnings beat, Bloom trades at a very high earnings multiple and has fallen substantially from its 52-week high. The sharp swings indicate that traders are rapidly repricing both the company’s AI opportunity and execution risks.
• Negative Sentiment: Hunterbrook challenges fuel-cell performance claims: Hunterbrook Capital alleged that Bloom’s fuel cells may not deliver the efficiency, output, or lifespan previously claimed. The report directly attacks the company’s technology and could pressure investor confidence if its assertions gain wider attention. Hunterbrook report challenges fuel-cell performance
• Negative Sentiment: Multiple securities-fraud class-action announcements add legal overhang: Several law firms publicized a lawsuit covering investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, alleging investor harm from purportedly misleading disclosures. The September 28, 2026 lead-plaintiff deadline is likely to keep the issue in focus, although the repeated notices largely concern the same case. Bloom Energy class action investor alert
• Negative Sentiment: Conflicting analyst views weigh on sentiment: Wells Fargo lowered its price target to $176 and maintained an “Equal Weight” rating, while BMO issued a pessimistic forecast. Those targets contrast sharply with Mizuho’s bullish outlook and highlight uncertainty over whether Bloom’s growth expectations justify its valuation. Bloom Energy analyst coverage

Insider Activity at Bloom Energy

In related news, insider Aman Joshi sold 8,343 shares of the firm's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares in the company, valued at approximately $49,202,708.59. This trade represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Maciej Kurzymski sold 6,229 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $293.36, for a total value of $1,827,339.44. Following the transaction, the chief accounting officer owned 81,945 shares of the company's stock, valued at $24,039,385.20. The trade was a 7.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 118,617 shares of company stock valued at $34,238,909 in the last 90 days. 3.00% of the stock is currently owned by company insiders.

Bloom Energy Stock Performance

Shares of Bloom Energy stock opened at $206.06 on Friday. The business's fifty day simple moving average is $261.00 and its 200 day simple moving average is $209.14. The company has a current ratio of 4.09, a quick ratio of 4.10 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 12 month low of $32.52 and a 12 month high of $351.28. The firm has a market capitalization of $58.61 billion, a P/E ratio of 274.75 and a beta of 3.73.

Bloom Energy (NYSE:BE - Get Free Report) last announced its quarterly earnings data 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. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the prior year, the company earned $0.10 EPS. The business's revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts anticipate that Bloom Energy Corporation will post 1.55 EPS for the current year.

Analysts Set New Price Targets

BE has been the subject of a number of analyst reports. 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. Morgan Stanley reaffirmed an "overweight" rating and issued a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. Royal Bank Of Canada reissued an "outperform" rating and issued a $335.00 price objective on shares of Bloom Energy in a research note on Wednesday, June 10th. Evercore reaffirmed an "outperform" rating and set a $350.00 target price on shares of Bloom Energy in a research report on Wednesday, July 1st. Finally, Barclays lifted their price objective on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an "equal weight" rating in a report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $246.18.

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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