California State Teachers Retirement System Has $37.39 Billion Stock Position in Bloom Energy Corporation $BE

Key Points

• California State Teachers Retirement System dramatically increased its Bloom Energy stake by 39,637.2% in the second quarter, holding 123.5 million shares valued at approximately $37.39 billion, or 41.94% of the company.
• Bloom Energy reported strong quarterly results, with revenue rising 165.5% year over year to $1.07 billion and EPS of $0.78, exceeding analysts’ $0.39 estimate. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $248.05.
• Investor interest is being fueled by Bloom’s potential inclusion in the S&P 500 and its opportunity to supply power to AI data centers, although securities litigation allegations and substantial insider selling remain risks.

California State Teachers Retirement System increased its stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 39,637.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,526,724 shares of the company's stock after acquiring an additional 123,215,865 shares during the quarter. California State Teachers Retirement System owned about 41.94% of Bloom Energy worth $37,391,539,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BE. Bayforest Capital Ltd acquired a new position in shares of Bloom Energy during the first quarter valued at about $2,055,000. AQR Capital Management LLC acquired a new stake in Bloom Energy during the first quarter worth about $1,820,000. NewEdge Advisors LLC grew its position in Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company's stock worth $37,000 after buying an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company's stock valued at $49,127,000 after acquiring an additional 836,810 shares during the period. Finally, Focus Partners Wealth increased its stake in Bloom Energy by 30.7% during the first quarter. Focus Partners Wealth now owns 20,063 shares of the company's stock valued at $394,000 after acquiring an additional 4,716 shares during the period. 77.04% of the stock is currently owned by institutional investors and hedge funds.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy is viewed as a leading candidate for inclusion in the S&P 500 during the index’s upcoming quarterly rebalancing. Investors are positioning ahead of a potential announcement after Friday’s close, with any changes expected to take effect around September 21. Inclusion could generate demand from index-tracking funds and increase the company’s visibility. Bloom Energy, Astera Rally On Hopes They Will Join S&P Friday; Who Else Could Be Added
• Positive Sentiment: Analysts and market commentators continue to highlight Bloom’s opportunity to supply electricity directly to AI data centers, which face grid-connection delays and rising power requirements. Recent commentary argues that Bloom’s behind-the-meter and distributed-generation systems may support strong revenue growth through year-end. I'm Calling It: Bloom Energy's Revenue Guidance Will Keep Surprising Wall Street Through Year-End
• Positive Sentiment: The broader risk-on environment is supporting high-beta energy and fuel-cell shares, while Bloom is receiving particular attention because of its perceived exposure to AI-related power demand. Earlier quarterly results also showed substantial revenue growth and an earnings beat, reinforcing the bullish narrative.
• Neutral Sentiment: Vertiv’s planned acquisition of microgrid specialist UtilityInnovation Group underscores the growing importance of solving power bottlenecks for AI data centers. The transaction does not directly involve Bloom, but it may validate the market opportunity for distributed power and microgrid providers. Vertiv’s UIG Deal Targets the Next Big Constraint in AI Data Centers
• Negative Sentiment: Several law firms are soliciting investors regarding a securities class-action lawsuit covering purchases from February 27, 2025, through July 8, 2026. The lawsuit reportedly alleges Bloom understated its exposure to Chinese export controls and U.S. tariffs by misrepresenting the origin of critical materials and components. The allegations have not been proven, but the litigation and September 28 lead-plaintiff deadline could weigh on sentiment.

Bloom Energy Stock Down 0.0%

Shares of NYSE:BE opened at $252.84 on Monday. The company's fifty day moving average is $226.89 and its 200-day moving average is $222.35. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. Bloom Energy Corporation has a 52 week low of $52.00 and a 52 week high of $351.28. The company has a market capitalization of $74.47 billion, a PE ratio of 337.12, a P/E/G ratio of 3.46 and a beta of 3.80.

Bloom Energy (NYSE:BE - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $826.13 million. During the same quarter last year, the company posted $0.10 EPS. The firm'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. Equities research analysts predict that Bloom Energy Corporation will post 1.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BE has been the subject of several research reports. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $282.00 target price on shares of Bloom Energy in a research report on Thursday, August 27th. Clear Str raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Mizuho upgraded shares of Bloom Energy from a "neutral" rating to an "outperform" rating and dropped their price objective for the company from $285.00 to $242.00 in a research note on Thursday, July 30th. Jefferies Financial Group raised their price objective on shares of Bloom Energy from $188.00 to $229.00 and gave the stock a "hold" rating in a report on Friday, August 14th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Bloom Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $248.05.

Insider Activity

In other news, insider Shawn Soderberg sold 2,895 shares of Bloom Energy stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the transaction, the insider owned 129,370 shares in the company, valued at approximately $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Chambers sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the transaction, the director directly owned 208,333 shares in the company, valued at $52,083,250. The trade was a 6.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 89,464 shares of company stock valued at $22,131,255. Corporate insiders own 3.00% of the company's stock.

About Bloom Energy

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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