Amundi Sells 117,899 Shares of Bloom Energy Corporation $BE

Amundi lowered its stake in Bloom Energy Corporation (NYSE:BE - Free Report) by 15.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 642,061 shares of the company's stock after selling 117,899 shares during the quarter. Amundi owned approximately 0.22% of Bloom Energy worth $194,352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Continuum Advisory LLC acquired a new stake in shares of Bloom Energy in the 2nd quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. lifted its stake in Bloom Energy by 49.3% in the second 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 last quarter. Markowski Investments bought a new position in shares of Bloom Energy in the 2nd quarter valued at about $37,000. Bogart Wealth LLC grew its position in shares of Bloom Energy by 725.0% in the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company's stock valued at $40,000 after acquiring an additional 116 shares during the period. Finally, Carolina Wealth Advisors LLC increased its stake in shares of Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock worth $41,000 after purchasing an additional 46 shares during the last quarter. Institutional investors own 77.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. TD Cowen reaffirmed a "hold" rating and issued a $235.00 target price on shares of Bloom Energy in a report on Monday, July 20th. Wells Fargo & Company reduced their price target on Bloom Energy from $217.00 to $176.00 and set an "equal weight" rating for the company in a report on Thursday, July 30th. BMO Capital Markets lowered their price target on Bloom Energy from $279.00 to $227.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 29th. Mizuho upgraded Bloom Energy from a "neutral" rating to an "outperform" rating and reduced their target price for the stock from $285.00 to $242.00 in a research note on Thursday, July 30th. Finally, Evercore reiterated an "outperform" rating on shares of Bloom Energy in a report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy currently has an average rating of "Moderate Buy" and an average price target of $249.18.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: S&P 500 inclusion is the primary catalyst. Bloom Energy will join the index before the market opens on September 21. The change is expected to generate demand from index-tracking funds and increase the company’s visibility among institutional investors. Bloom Energy Rallies on News of S&P 500 Addition
• Positive Sentiment: AI data-center demand is strengthening the growth outlook. Analysts and financial commentators say Bloom’s fuel-cell systems can provide fast, scalable, on-site power for hyperscale data centers, where grid constraints and permitting delays are increasing demand for alternative solutions. Recent coverage cited record second-quarter revenue above $1 billion, 165.5% year-over-year growth, strong gross margins and higher full-year guidance. Bloom Energy Could See An AI-Memory-Style Frenzy
• Positive Sentiment: Momentum and estimates remain favorable. BE has outperformed its industry recently, while improving EPS forecasts and investor interest in AI infrastructure have helped reinforce the bullish narrative. The company’s prior quarterly earnings also exceeded consensus estimates on both earnings and revenue.
• Neutral Sentiment: Valuation leaves little room for disappointment. Commentary noted that the stock has risen sharply over the past year and now trades at a premium valuation. Future performance will depend on whether AI-related orders, backlog growth and earnings expansion can justify the current price.
• Negative Sentiment: Multiple law firms are promoting a securities class action against Bloom Energy. The lawsuits and investor alerts allege that the company misrepresented its exposure to a China-linked scandium supply chain, despite statements that it had no China supply chain. The lead-plaintiff deadline is September 28, 2026. The allegations have not been proven, but the litigation creates reputational, legal and potential financial risks. Bloom Energy Securities Class Action Alert

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director Jeffrey Immelt sold 30,000 shares of the firm's stock in a transaction on 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 transaction, the director owned 201,243 shares in the company, valued at $48,078,965.13. This trade represents a 12.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Soderberg sold 2,895 shares of the firm's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the transaction, the insider owned 129,370 shares in the company, valued at approximately $30,220,832. This trade represents a 2.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 89,464 shares of company stock valued at $22,131,255 over the last ninety days. 3.00% of the stock is owned by corporate insiders.

Bloom Energy Stock Performance

NYSE BE opened at $276.10 on Wednesday. The firm has a 50-day moving average price of $225.92 and a two-hundred day moving average price of $223.95. Bloom Energy Corporation has a 12-month low of $52.00 and a 12-month high of $351.28. The company has a market capitalization of $81.32 billion, a P/E ratio of 368.13, a P/E/G ratio of 3.46 and a beta of 3.80. 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 (NYSE:BE - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $826.13 million. During the same period last year, the firm earned $0.10 earnings per share. 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. Analysts anticipate that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.

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