Apollon Wealth Management LLC Boosts Stake in Bloom Energy Corporation $BE

Apollon Wealth Management LLC boosted its holdings in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 1,334.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 52,529 shares of the company's stock after purchasing an additional 48,866 shares during the period. Apollon Wealth Management LLC's holdings in Bloom Energy were worth $15,901,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. grew its stake in shares of Bloom Energy by 241.1% in the 2nd quarter. SBI Securities Co. Ltd. now owns 32,418 shares of the company's stock valued at $9,813,000 after purchasing an additional 22,914 shares during the last quarter. Fourpath Capital Management LLC acquired a new stake in shares of Bloom Energy during the second quarter worth $282,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Bloom Energy in the 2nd quarter valued at $759,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Bloom Energy by 23.8% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 30,160 shares of the company's stock valued at $9,129,000 after buying an additional 5,803 shares during the last quarter. Finally, Q Fund Management Hong Kong Ltd increased its stake in Bloom Energy by 534.9% in the 2nd quarter. Q Fund Management Hong Kong Ltd now owns 27,300 shares of the company's stock valued at $8,264,000 after buying an additional 23,000 shares during the period. 77.04% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,343 shares of the business's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the transaction, the insider owned 163,807 shares of the company's stock, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Maciej Kurzymski sold 2,259 shares of the business's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the transaction, the chief accounting officer directly owned 79,686 shares of the company's stock, valued at $22,998,973.32. The trade was a 2.76% 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. Over the last three months, insiders sold 92,585 shares of company stock valued at $25,996,248. Insiders own 3.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Robert W. Baird reaffirmed an "outperform" rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Thursday, July 9th. Wall Street Zen raised Bloom Energy from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of Bloom Energy in a report on Tuesday, July 21st. Oppenheimer reissued a "market perform" rating on shares of Bloom Energy in a report on Wednesday, July 29th. Finally, TD Cowen restated a "hold" rating and issued a $235.00 price target on shares of Bloom Energy in a research note on Monday, July 20th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $246.18.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Bloom Energy Stock Performance

Shares of BE opened at $236.12 on Friday. Bloom Energy Corporation has a 12-month low of $40.56 and a 12-month high of $351.28. The stock has a market cap of $69.54 billion, a P/E ratio of 314.82, a PEG ratio of 3.24 and a beta of 3.79. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a 50-day moving average of $248.98 and a two-hundred day moving average of $214.75.

Bloom Energy (NYSE:BE - Get Free Report) last posted its 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. 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 for the quarter, compared to analyst estimates of $826.13 million. During the same quarter in the prior year, the company earned $0.10 EPS. Bloom Energy's revenue 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, research analysts predict that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

About Bloom Energy

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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