Bloom Energy Corporation $BE Stake Decreased by VMS Asset Management Limited

Key Points

• VMS Asset Management cut its Bloom Energy stake by 48.1% in the third quarter, selling 12,990 shares and retaining 14,020 shares valued at approximately $3.88 million. Institutional investors and hedge funds collectively own 77.04% of BE.
• Bloom Energy recently reported strong quarterly results, with EPS of $0.78 versus a $0.39 consensus estimate and revenue of $1.07 billion, up 165.5% year over year. Analysts maintain a consensus “Moderate Buy” rating with a $257.18 target price.
• Despite growth expectations and positive analyst sentiment, BE faces valuation and market risks: the stock trades at a high earnings multiple, has recently declined 9.4%, and insider selling totaled 89,698 shares worth $21.8 million over the past 90 days.

VMS Asset Management Limited decreased its position in Bloom Energy Corporation (NYSE:BE - Free Report) by 48.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,020 shares of the company's stock after selling 12,990 shares during the quarter. Bloom Energy accounts for approximately 1.5% of VMS Asset Management Limited's portfolio, making the stock its 27th largest position. VMS Asset Management Limited's holdings in Bloom Energy were worth $3,883,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in BE. Continuum Advisory LLC purchased a new position in Bloom Energy in the 2nd quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. raised its stake in shares of 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 in the last quarter. Markowski Investments purchased a new position in Bloom Energy in the second quarter valued at $37,000. Bogart Wealth LLC boosted its holdings in Bloom Energy by 725.0% in the second quarter. Bogart Wealth LLC now owns 132 shares of the company's stock valued at $40,000 after purchasing an additional 116 shares during the period. Finally, Carolina Wealth Advisors LLC boosted its holdings in Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock valued at $41,000 after purchasing an additional 46 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Bloom Energy Trading Down 9.4%

NYSE BE opened at $238.80 on Thursday. The firm's fifty day moving average is $249.11 and its two-hundred day moving average is $245.54. Bloom Energy Corporation has a one year low of $75.70 and a one year high of $351.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The firm has a market cap of $70.33 billion, a PE ratio of 318.40, a P/E/G ratio of 3.39 and a beta of 3.77.

Bloom Energy (NYSE:BE - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. Bloom Energy's revenue was up 165.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Analysts expect that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Analyst Ratings Changes

BE has been the subject of a number of analyst reports. UBS Group boosted their price objective on Bloom Energy from $325.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, October 7th. BTIG Research reaffirmed a "buy" rating and issued a $295.00 target price on shares of Bloom Energy in a report on Wednesday, July 29th. Susquehanna lifted their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a "positive" rating in a research note on Friday, July 10th. BMO Capital Markets decreased their price target on shares of Bloom Energy from $279.00 to $227.00 and set a "market perform" rating for the company in a research note on Wednesday, July 29th. Finally, TD Cowen upgraded shares of Bloom Energy to a "hold" rating in a report on Monday, October 5th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $257.18.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Strong growth expectations: Management projects 2026 revenue of $3.9 billion to $4.2 billion, approximately double its 2025 revenue, supporting the long-term bull case for Bloom’s fuel-cell and data-center power business. Bloom Energy Stock Is 31% Below Its Record. Here’s Where I Think It Will Be in 2030.
• Positive Sentiment: Project Jupiter and Oracle support: Oracle reaffirmed Bloom’s role in Project Jupiter, while Roth Capital raised its price target from $225 to $260. The developments suggest growing market acceptance of Bloom’s data-center power technology ahead of its results. BE Stock Rises Overnight After Oracle Reaffirms Project Jupiter Role
• Neutral Sentiment: Quarterly results approaching: Bloom Energy is projected to report earnings Thursday. Investors are likely looking for confirmation that recent demand, revenue growth and project wins can justify the company’s elevated valuation. Bloom Energy Projected to Post Earnings on Thursday
• Negative Sentiment: Macro pressure on growth stocks: Higher oil prices and a hotter inflation reading have increased concerns that interest rates will remain elevated. That environment typically weighs on richly valued data-center infrastructure and clean-energy companies such as BE. Bloom Energy Stock Slides Amid High Oil Prices and Inflation Woes
• Negative Sentiment: Valuation remains demanding: BE trades at a very high multiple of trailing adjusted earnings, leaving limited room for execution problems or weaker-than-expected guidance. Investors are effectively pricing in substantial profit growth during 2026 and 2027. What Are Bloom Energy Investors Betting On?

Insider Activity at Bloom Energy

In related news, Director Jeffrey Immelt sold 30,000 shares of the business's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the sale, the director directly owned 201,243 shares in the company, valued at $48,078,965.13. The trade was a 12.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Maciej Kurzymski sold 2,295 shares of the stock in a transaction 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 owned 77,391 shares in the company, valued at approximately $20,773,292.22. This trade represents a 2.88% 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. In the last 90 days, insiders sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is currently owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.