Cookson Peirce & Co. Inc. Acquires Shares of 5,686 Bloom Energy Corporation $BE

Cookson Peirce & Co. Inc. bought a new position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,686 shares of the company's stock, valued at approximately $1,721,000.

Several other institutional investors and hedge funds also recently made changes to their positions in BE. MJT & Associates Financial Advisory Group Inc. boosted its holdings in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company's stock worth $34,000 after buying an additional 37 shares during the last quarter. Compound Planning Inc. raised its position in shares of Bloom Energy by 1.1% in the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company's stock valued at $467,000 after acquiring an additional 38 shares during the period. Carolina Wealth Advisors LLC boosted its stake in Bloom Energy by 51.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock worth $41,000 after acquiring an additional 46 shares during the last quarter. Blue Trust Inc. boosted its stake in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company's stock worth $25,000 after acquiring an additional 51 shares during the last quarter. Finally, HB Wealth Management LLC grew its holdings in Bloom Energy by 1.6% during the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company's stock valued at $466,000 after purchasing an additional 54 shares during the period. Institutional investors own 77.04% of the company's stock.

Insiders Place Their Bets

In other Bloom Energy news, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the sale, the director owned 208,333 shares in the company, valued at $52,083,250. This trade represents a 6.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey R. Immelt sold 30,000 shares of Bloom Energy stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the transaction, the director directly owned 201,243 shares of the company's stock, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,464 shares of company stock valued at $22,131,255 in the last ninety days. 3.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on BE shares. Evercore reissued an "outperform" rating on shares of Bloom Energy in a research note on Friday, August 7th. Jefferies Financial Group raised their price target on Bloom Energy from $188.00 to $229.00 and gave the stock a "hold" rating in a research report on Friday, August 14th. Weiss Ratings reiterated a "hold (c)" rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Zacks Research raised Bloom Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 28th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $335.00 price target on shares of Bloom Energy in a report on Wednesday, June 10th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $248.05.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy's Backlog Will Top $50 Billion Before Year's End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

Bloom Energy Price Performance

Shares of NYSE BE opened at $209.37 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The business has a 50-day moving average of $235.51 and a 200-day moving average of $219.07. The stock has a market capitalization of $61.67 billion, a price-to-earnings ratio of 279.16, a PEG ratio of 2.89 and a beta of 3.79. Bloom Energy Corporation has a fifty-two week low of $48.87 and a fifty-two week high of $351.28.

Bloom Energy (NYSE:BE - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business's quarterly revenue was up 165.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, sell-side analysts predict that Bloom Energy Corporation will post 1.92 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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