Bloom Energy Corporation $BE Holdings Lifted by QRG Capital Management Inc.

Key Points

• QRG Capital Management more than doubled its Bloom Energy position in the second quarter, owning 27,250 shares valued at approximately $8.25 million. Institutional investors collectively hold 77.04% of the company.
• Bloom Energy reported strong quarterly results, with $1.07 billion in revenue—up 165.5% year over year—and earnings of $0.78 per share, beating estimates of $0.39. Analysts maintain a “Moderate Buy” consensus, with an average price target of $254.14.
• The stock faces significant risks despite AI data-center power demand opportunities, including concerns over a potential 2.45-gigawatt project delay, elevated valuation, higher interest rates, and securities litigation. Shares opened at $266.54, with a price-to-earnings ratio above 355.

QRG Capital Management Inc. raised its position in Bloom Energy Corporation (NYSE:BE - Free Report) by 107.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,250 shares of the company's stock after buying an additional 14,087 shares during the period. QRG Capital Management Inc.'s holdings in Bloom Energy were worth $8,248,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Continuum Advisory LLC purchased a new position in Bloom Energy in the second quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. increased its position in shares of 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 purchasing an additional 37 shares during the last quarter. Markowski Investments purchased a new stake in shares of Bloom Energy during the 2nd quarter valued at $37,000. Bogart Wealth LLC raised its stake in shares of Bloom Energy by 725.0% during the 2nd quarter. Bogart Wealth LLC now owns 132 shares of the company's stock worth $40,000 after purchasing an additional 116 shares during the period. Finally, Carolina Wealth Advisors LLC raised 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 period. Institutional investors own 77.04% of the company's stock.

Insider Transactions at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,295 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total value of $616,023.90. Following the sale, the chief accounting officer directly owned 77,391 shares in the company, valued at $20,773,292.22. This represents a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 3,601 shares of the firm's stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $269.94, for a total transaction of $972,053.94. Following the completion of the transaction, the insider directly owned 155,529 shares of the company's stock, valued at approximately $41,983,498.26. The trade was a 2.26% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 89,604 shares of company stock valued at $21,948,262. Company insiders own 3.00% of the company's stock.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy remains positioned as a potential beneficiary of surging electricity demand from artificial-intelligence data centers. Its solid-oxide fuel cells can provide onsite power while grid connections are delayed, and several recent investment articles continue to highlight strong order potential and possible long-term upside. Morgan Stanley Sees a 33-GW AI Power Shortfall
• Positive Sentiment: Recent coverage continues to portray Bloom as one of the stronger fuel-cell and alternative-energy companies, citing AI-related demand, improving sales expectations, and its ability to deliver power sooner than longer-dated infrastructure solutions. This supports the company’s long-term growth narrative, although it does not offset the immediate project concerns. Bloom Energy Could Still Generate Big Multibagger Gains
• Neutral Sentiment: Bloom Energy’s valuation and technical backdrop are now central investor concerns. After a roughly 190% year-to-date advance, traders appear to be taking profits, while the stock’s elevated earnings multiple leaves it especially sensitive to disappointing project news, interest rates, or changes in growth expectations. Bloom Energy Sinks as Traders Take Profits
• Negative Sentiment: Oracle and Bloom Energy pared earlier losses after a data-center force majeure notice raised doubts about a planned deployment involving approximately 2.45 gigawatts of Bloom fuel cells. A delay or cancellation would threaten one of Bloom’s largest expected growth opportunities and weaken the AI-power investment thesis. Oracle and Bloom Energy React to Data Center Force Majeure Notice
• Negative Sentiment: Multiple law firms publicized a securities class action and a September 28 lead-plaintiff deadline. The allegations reportedly involve statements about Bloom’s exposure to Chinese supply chains, including scandium sourcing. The announcements do not establish liability, but they add reputational, legal, and potential financial risks that can weigh on sentiment. Bloom Energy Investor Class Action Deadline
• Negative Sentiment: Rising long-term Treasury yields are pressuring fuel-cell and other clean-energy stocks by increasing financing costs for capital-intensive projects. Higher rates could make customer deployments more expensive and reduce the present value investors assign to Bloom’s future growth. Fuel Cell Stocks Slide on Higher Treasury Yields

Bloom Energy Trading Down 3.1%

Shares of BE stock opened at $266.54 on Friday. The stock has a market capitalization of $78.50 billion, a price-to-earnings ratio of 355.38, a PEG ratio of 3.54 and a beta of 3.80. The company's fifty day simple moving average is $229.04 and its two-hundred day simple moving average is $233.24. Bloom Energy Corporation has a 1 year low of $61.37 and a 1 year high of $351.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping 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 analyst estimates of $826.13 million. During the same period last year, the company 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. As a group, analysts anticipate that Bloom Energy Corporation will post 2.06 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on BE shares. Roth Capital raised their price objective on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a "neutral" rating in a report on Wednesday, July 1st. Zacks Research raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 28th. BTIG Research restated a "buy" rating and set a $295.00 price target on shares of Bloom Energy in a research note on Wednesday, July 29th. TD Cowen reaffirmed a "hold" rating and issued a $235.00 price target on shares of Bloom Energy in a report on Monday, July 20th. Finally, Citigroup reaffirmed a "hold" rating on shares of Bloom Energy in a research report on Thursday, July 16th. 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 issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $254.14.

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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