Bloom Energy Corporation $BE Stock: Sigma Planning Corp Cuts Position

Key Points

• Sigma Planning Corp. cut its Bloom Energy position by 67% in the third quarter, selling 9,565 shares and retaining 4,702 shares valued at approximately $1.3 million. Institutional investors collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with revenue rising 138.1% year over year to $1.24 billion and EPS of $0.94, exceeding analyst expectations. The company also raised its 2026 revenue outlook to approximately $4.4 billion-$4.6 billion.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $264.19, but concerns persist over the stock’s elevated valuation, cash-flow needs and outstanding customer payments.

Sigma Planning Corp decreased its position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 67.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,702 shares of the company's stock after selling 9,565 shares during the period. Sigma Planning Corp's holdings in Bloom Energy were worth $1,302,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. increased its stake in Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company's stock worth $25,000 after purchasing an additional 51 shares during the period. Continuum Advisory LLC purchased a new position in shares of Bloom Energy in the second quarter valued at approximately $25,000. Trifecta Capital Advisors LLC purchased a new position in shares of Bloom Energy in the third quarter valued at approximately $26,000. Anchor Investment Management LLC purchased a new position in shares of Bloom Energy in the first quarter valued at approximately $27,000. Finally, MJT & Associates Financial Advisory Group Inc. grew its holdings 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 purchasing an additional 37 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company's stock.

Analyst Ratings Changes

BE has been the topic of several recent research reports. BTIG Research cut their target price on shares of Bloom Energy from $295.00 to $250.00 and set a "buy" rating on the stock in a research note on Friday, October 23rd. Oppenheimer reiterated a "market perform" rating on shares of Bloom Energy in a research note on Friday, October 23rd. BMO Capital Markets reiterated an "outperform" rating and set a $260.00 price target on shares of Bloom Energy in a report on Wednesday, October 21st. TD Cowen raised shares of Bloom Energy to a "hold" rating in a research report on Monday, October 5th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Bloom Energy from $314.00 to $292.00 and set an "overweight" rating on the stock in a report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $264.19.

Bloom Energy News Roundup

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

• Positive Sentiment: Higher outlook supports the stock: Bloom raised its 2026 revenue guidance to approximately $4.4 billion-$4.6 billion, citing surging electricity demand. Management also outlined plans to expand manufacturing capacity and pursue utility partnerships and carbon-capture opportunities. Bloom Energy Q3 Earnings Call Highlights Guidance Hike & Capacity Plan
• Positive Sentiment: Strong quarterly results: Third-quarter revenue reached $1.236 billion, a 138% year-over-year increase, while earnings exceeded analyst expectations. The results reinforce the view that Bloom is benefiting from demand for reliable, on-site power for data centers and other high-load customers. Bloom Energy: One Year Later, I'm Still Long
• Positive Sentiment: Analyst and technical momentum: A Wells Fargo-related analyst upgrade and bullish price expectations helped fuel buying interest. The stock also moved above its 200-day moving average, while the broader fuel-cell group recovered from its post-earnings selloff. Bloom Energy Share Price Crosses Above 200-Day Moving Average
• Neutral Sentiment: AI opportunity remains significant but unproven: New data-center contracts and rising global electricity demand strengthen Bloom’s growth narrative, but investors still need evidence that these opportunities will translate into durable cash flow and profitable utility-scale partnerships.
• Negative Sentiment: Cash-flow and valuation concerns remain: Contract assets doubled to $858.6 million, receivables rose to $634.7 million, and $306.5 million in Oracle-related customer consideration remains outstanding. These developments raise questions about collections, working-capital needs and Bloom’s bargaining power with hyperscale customers. Is Bloom Energy Stock Cheap After AI Demand and Cash Flow Concerns?
• Negative Sentiment: Valuation and analyst caution: Despite rapid growth, Bloom trades at an elevated earnings valuation, and one analyst downgraded the stock. Recent volatility reflects concern that future cash generation may not justify the substantial long-term share-price gains.

Bloom Energy Stock Performance

NYSE BE opened at $227.87 on Thursday. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. Bloom Energy Corporation has a 1 year low of $75.70 and a 1 year high of $351.28. The company has a market capitalization of $67.12 billion, a PE ratio of 139.80, a P/E/G ratio of 2.50 and a beta of 3.77. The company has a fifty day moving average of $247.84 and a two-hundred day moving average of $219.02.

Bloom Energy (NYSE:BE - Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The business had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter in the previous year, the firm earned $0.15 earnings per share. The business's revenue was up 138.1% compared to the same quarter last year. As a group, analysts expect that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Insider Activity

In other Bloom Energy news, insider Aman Joshi sold 8,437 shares of Bloom Energy stock in a transaction that occurred 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 $40,769,489.64. The trade was a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Satish Chitoori sold 2,870 shares of Bloom Energy stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total value of $775,072.20. Following the transaction, the insider directly owned 202,494 shares in the company, valued at approximately $54,685,529.64. This trade represents a 1.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 89,698 shares of company stock worth $21,780,758 over the last ninety days. 3.00% of the stock is owned by corporate insiders.

Bloom Energy Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.

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.