Artemis Investment Management LLP Grows Stock Position in Bloom Energy Corporation $BE

Key Points

• Artemis Investment Management increased its Bloom Energy stake by 10.4% in the third quarter, bringing its holdings to 264,908 shares valued at approximately $73.4 million. Institutional investors collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with revenue rising 165.5% year over year to $1.07 billion and EPS of $0.78, beating expectations. However, the stock’s elevated valuation, high debt, and a price-to-earnings ratio above 350 create significant risks.
• Analyst sentiment remains generally positive but mixed: the consensus rating is “Moderate Buy,” while price targets range widely and average $258.32. Investors are focused on whether AI data-center power demand will translate into sustained orders and profits.

Artemis Investment Management LLP increased its stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 10.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 264,908 shares of the company's stock after purchasing an additional 24,849 shares during the period. Artemis Investment Management LLP owned 0.09% of Bloom Energy worth $73,374,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Everhart Financial Group Inc. increased its position in shares of Bloom Energy by 15.7% during the third quarter. Everhart Financial Group Inc. now owns 1,091 shares of the company's stock valued at $302,000 after buying an additional 148 shares during the period. Valeo Financial Advisors LLC grew its stake in Bloom Energy by 51.7% during the third quarter. Valeo Financial Advisors LLC now owns 7,874 shares of the company's stock valued at $2,181,000 after acquiring an additional 2,683 shares in the last quarter. Toth Financial Advisory Corp grew its stake in Bloom Energy by 96.1% during the third quarter. Toth Financial Advisory Corp now owns 745 shares of the company's stock valued at $206,000 after acquiring an additional 365 shares in the last quarter. Rye Brook Capital LLC increased its holdings in Bloom Energy by 25.5% during the 3rd quarter. Rye Brook Capital LLC now owns 16,812 shares of the company's stock worth $4,657,000 after acquiring an additional 3,413 shares during the period. Finally, Glynn Capital Management LLC bought a new stake in Bloom Energy during the 3rd quarter worth approximately $9,486,000. Hedge funds and other institutional investors own 77.04% of the company's stock.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy is benefiting from expectations that surging AI infrastructure investment will create demand for fast, on-site power. Morgan Stanley identified the company as a potential beneficiary of a projected data-center power shortage, while Jim Cramer called BE a favorite AI power play. Morgan Stanley sees Bloom Energy as a winner amid data-center power shortfall
• Positive Sentiment: The company’s purchase of a 158,000-square-foot facility in Fremont points to production expansion ahead of anticipated demand. The move helped fuel a recent rally and reinforces the long-term growth narrative. Bloom Energy is building like demand is about to explode
• Neutral Sentiment: Bloom’s latest reported quarter showed substantial earnings and revenue growth, but upcoming earnings expectations may already be reflected in the stock’s elevated valuation. Investors are likely looking for additional evidence that AI-related demand is converting into orders and profits. Bloom Energy Q2 earnings review
• Negative Sentiment: Bernstein reaffirmed a Market Perform rating and assigned a $282 price target, signaling limited near-term upside and weighing on sentiment. The caution is particularly relevant after BE’s sharp recent advance; analysts also point to high debt and a premium valuation as risks. Bernstein maintains Market Perform rating on Bloom Energy

Bloom Energy Price Performance

Shares of NYSE BE traded down $23.02 during mid-day trading on Thursday, reaching $268.27. 7,687,200 shares of the company were exchanged, compared to its average volume of 12,941,617. Bloom Energy Corporation has a 52 week low of $75.70 and a 52 week high of $351.28. The company's 50 day moving average price is $244.66 and its 200 day moving average price is $241.34. The stock has a market capitalization of $79.02 billion, a PE ratio of 357.03, a PEG ratio of 3.78 and a beta of 3.77. 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 released its earnings results on Tuesday, July 28th. The company reported $0.78 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 business had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $826.13 million. During the same quarter in the prior year, the firm earned $0.10 earnings per share. The firm'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. Sell-side analysts forecast that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Insider Activity at Bloom Energy

In related news, insider Shawn Soderberg sold 2,895 shares of the business's stock in a transaction that occurred 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 completion of the sale, the insider owned 129,370 shares in the company, valued at $30,220,832. The trade was a 2.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Chambers sold 15,000 shares of the company's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the sale, the director directly owned 208,333 shares of the company's stock, valued at approximately $52,083,250. This represents a 6.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,698 shares of company stock worth $21,780,758 in the last quarter. 3.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on BE shares. JPMorgan Chase & Co. cut their price target on shares of Bloom Energy from $346.00 to $314.00 and set an "overweight" rating for the company in a report on Wednesday, July 29th. Barclays upped their price target on shares of Bloom Energy from $276.00 to $308.00 and gave the stock an "equal weight" rating in a report on Thursday, October 1st. BTIG Research reissued a "buy" rating and set a $295.00 price objective on shares of Bloom Energy in a research note on Wednesday, July 29th. Robert W. Baird restated an "outperform" rating and set a $310.00 target price on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, Mizuho boosted their target price on Bloom Energy from $242.00 to $351.00 and gave the stock an "outperform" rating in a research report on Monday, September 14th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $258.32.

About Bloom Energy

Bloom Energy Corporation NYSE: BE develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company's distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.

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