Bloom Energy Corporation $BE Stock: Candriam S.C.A. Boosts Position

Key Points

• Institutional investors increased their exposure: Candriam raised its Bloom Energy stake by 27% to 43,287 shares, while hedge funds and other institutions own about 77% of the stock.
• Growth and data-center demand are key positives: Bloom beat quarterly earnings and revenue estimates, with revenue up 138% year over year; reported fuel-cell projects for data centers have also strengthened its demand outlook.
• Risks include valuation and insider selling: Analysts’ average rating is “Hold,” and the article flags a high valuation alongside recent insider sales totaling about $21 million over three months.

Candriam S.C.A. increased its position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 27.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,287 shares of the company's stock after acquiring an additional 9,193 shares during the period. Candriam S.C.A.'s holdings in Bloom Energy were worth $12,033,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jennison Associates LLC grew its position in Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company's stock valued at $364,066,000 after acquiring an additional 2,673,710 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Bloom Energy during the second quarter worth about $296,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Bloom Energy by 78.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company's stock worth $401,849,000 after purchasing an additional 583,135 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Bloom Energy during the third quarter worth about $158,620,000. Finally, Bessemer Group Inc. boosted its stake in shares of Bloom Energy by 228.0% in the first quarter. Bessemer Group Inc. now owns 587,947 shares of the company's stock valued at $79,660,000 after purchasing an additional 408,687 shares during the period. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Barbara Burger sold 2,333 shares of Bloom Energy stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $215.05, for a total transaction of $501,711.65. Following the completion of the sale, the director directly owned 36,607 shares of the company's stock, valued at approximately $7,872,335.35. The trade was a 5.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Aman Joshi sold 8,437 shares of the business's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider owned 147,092 shares of the company's stock, valued at approximately $40,769,489.64. The trade was a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 85,859 shares of company stock worth $20,994,650. 3.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BE. Jefferies Financial Group restated a "hold" rating and issued a $242.00 price objective on shares of Bloom Energy in a report on Friday, October 23rd. Wells Fargo & Company increased their target price on shares of Bloom Energy from $176.00 to $182.00 and gave the stock an "equal weight" rating in a report on Monday, October 26th. TD Cowen raised shares of Bloom Energy to a "hold" rating in a research report on Monday, October 5th. KeyCorp restated a "sector weight" rating on shares of Bloom Energy in a research note on Friday, October 23rd. Finally, Zacks Research lowered Bloom Energy from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $263.05.

Bloom Energy Stock Performance

Shares of Bloom Energy stock opened at $193.97 on Tuesday. The business has a 50-day simple moving average of $245.69 and a 200-day simple moving average of $221.20. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. Bloom Energy Corporation has a one year low of $75.70 and a one year high of $351.28. The company has a market cap of $57.35 billion, a PE ratio of 119.00, a P/E/G ratio of 2.02 and a beta of 3.63.

Bloom Energy (NYSE:BE - Get Free Report) last issued its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The firm had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter last year, the company earned $0.15 earnings per share. The firm's revenue was up 138.1% compared to the same quarter last year. On average, equities research analysts forecast that Bloom Energy Corporation will post 2.61 EPS for the current fiscal year.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom’s data-center opportunity gained attention after reports highlighted about 1.6 gigawatts of fuel-cell projects, including a 900-megawatt agreement with NTT DATA and its role in Google’s planned Wyoming project. The deals reinforce demand for on-site power as data centers face grid constraints. Why Bloom Energy Stock Popped Today
• Positive Sentiment: Recent operating results provide further support: third-quarter revenue rose 138%, and Bloom raised its full-year guidance again. Is Bloom Energy Really Worth $200 Right Now? Here's the Math.
• Neutral Sentiment: Some investors see clean, on-site fuel cells as a way for data centers to secure power while limiting pressure on the grid. That demand thesis could benefit Bloom, but its scale depends on projects moving forward and customers continuing to invest. Bloom Energy Blooming With Huge Electricity Demand
• Negative Sentiment: Valuation is a key concern: at roughly $200 a share, the stock was described as trading at more than 60 times the midpoint of projected 2026 adjusted EPS, leaving little room for execution disappointments. Is Bloom Energy Really Worth $200 Right Now? Here's the Math.
• Negative Sentiment: Quiver’s six-month data showed 24 open-market insider sales and no purchases, a potential cautionary signal, though it does not establish the reason for those transactions. Bloom Energy rises as investors refocus on major data-center power deals

Bloom Energy Profile

Bloom Energy Corporation develops solid oxide fuel cell technology for on-site electricity generation and hydrogen production. Its Bloom Energy Server systems generate power near the point of use, helping businesses and institutions meet electricity needs and support resilient energy operations. The company also offers solid oxide electrolyzers designed to produce hydrogen.

Founded in 2001 by K.R. Sridhar, Bloom Energy is headquartered in San Jose, California. It serves customers in the United States and international markets, including countries in Asia.

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