Bloom Energy Corporation $BE Shares Purchased by Danske Bank A S

Key Points

• Danske Bank A S boosted its stake in Bloom Energy by 5,493.8% in Q4, buying 87,900 shares to hold 89,500 shares worth about $7.78 million.
• Bloom Energy beat estimates with quarterly EPS of $0.44 (vs. $0.12 expected) and revenue of $751.1 million (up 130.4% YoY), and set FY2026 guidance of 1.85–2.25 EPS.
• Analysts have a consensus rating of "Moderate Buy" with a consensus price target of $213.81, and several firms recently raised targets (e.g., Baird to $242, Wells Fargo to $217).

Danske Bank A S boosted its stake in Bloom Energy Corporation (NYSE:BE - Free Report) by 5,493.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 89,500 shares of the company's stock after purchasing an additional 87,900 shares during the period. Danske Bank A S's holdings in Bloom Energy were worth $7,777,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BE. Graticule Asia Macro Advisors LLC acquired a new stake in Bloom Energy in the 3rd quarter valued at approximately $402,494,000. Trivest Advisors Ltd increased its holdings in Bloom Energy by 1,461.6% in the 3rd quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company's stock valued at $289,229,000 after purchasing an additional 3,201,000 shares during the last quarter. Westfield Capital Management Co. LP acquired a new stake in Bloom Energy in the 3rd quarter valued at approximately $141,679,000. Man Group plc increased its holdings in Bloom Energy by 177.4% in 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 during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Bloom Energy by 6.3% in the 3rd quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company's stock valued at $1,759,726,000 after purchasing an additional 1,240,819 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company's stock.

Wall Street Analysts Forecast Growth

BE has been the subject of several research reports. Wells Fargo & Company lifted their target price on shares of Bloom Energy to $217.00 and gave the company an "equal weight" rating in a report on Wednesday, April 29th. Barclays boosted their price target on shares of Bloom Energy to $177.00 and gave the stock an "equal weight" rating in a research note on Monday, April 27th. China Renaissance assumed coverage on shares of Bloom Energy in a research note on Wednesday, January 28th. They issued a "buy" rating and a $207.00 price target for the company. Roth Mkm set a $225.00 price target on shares of Bloom Energy in a research note on Wednesday, April 29th. Finally, Robert W. Baird boosted their price target on shares of Bloom Energy to $242.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Bloom Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $213.81.

Insider Activity

In related news, insider Aman Joshi sold 19,944 shares of the business's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the completion of the transaction, the insider owned 190,521 shares in the company, valued at approximately $29,502,176.85. The trade was a 9.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Shawn Marie Soderberg sold 35,000 shares of the business's stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the transaction, the insider owned 341,731 shares of the company's stock, valued at approximately $95,342,949. The trade was a 9.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 490,092 shares of company stock worth $88,329,475. 3.00% of the stock is currently owned by company insiders.

Bloom Energy Stock Performance

Shares of BE stock opened at $288.11 on Tuesday. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The firm has a fifty day moving average price of $172.25 and a 200 day moving average price of $138.39. The company has a market cap of $80.83 billion, a P/E ratio of -5,761.11 and a beta of 3.82. Bloom Energy Corporation has a 12 month low of $16.05 and a 12 month high of $302.99.

Bloom Energy (NYSE:BE - Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company's revenue was up 130.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Bloom Energy Company 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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