Cookson Peirce & Co. Inc. Buys New Shares in Bloom Energy Corporation $BE

Key Points

• Cookson Peirce & Co. initiated a Bloom Energy position by purchasing 5,686 shares worth approximately $1.72 million in the second quarter. Institutional investors and hedge funds collectively own 77.04% of the company.
• AI infrastructure demand is driving Bloom Energy’s growth outlook. Nebius selected Bloom’s fuel cells for an AI data center, while MiTAC expanded its partnership; Bloom also reported 165.5% year-over-year revenue growth and quarterly EPS of $0.78, well above estimates.
• Analyst sentiment is broadly positive but valuation remains elevated. The stock has a “Moderate Buy” consensus rating with a $246.18 target price, while shares trade at a P/E ratio above 314; insiders sold approximately $26 million of stock over the past three months.

Cookson Peirce & Co. Inc. bought a new position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,686 shares of the company's stock, valued at approximately $1,721,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. lifted its position in shares of Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company's stock valued at $25,000 after acquiring an additional 51 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy during the 1st quarter worth $27,000. WPG Advisers LLC grew its holdings in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company's stock worth $28,000 after acquiring an additional 67 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock worth $28,000 after purchasing an additional 100 shares during the period. Finally, Godsey & Gibb Inc. raised its position in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company's stock worth $28,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 77.04% of the company's stock.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Bloom Energy Stock Down 0.4%

Shares of Bloom Energy stock opened at $236.12 on Friday. Bloom Energy Corporation has a 1 year low of $40.56 and a 1 year high of $351.28. The company has a market cap of $69.54 billion, a P/E ratio of 314.82, a P/E/G ratio of 3.24 and a beta of 3.79. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The stock has a 50-day moving average price of $248.98 and a 200 day moving average price of $214.75.

Bloom Energy (NYSE:BE - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share 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 return on equity of 35.45% and a net margin of 7.87%.The business's revenue for the quarter was up 165.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Insider Activity

In other Bloom Energy news, insider Shawn Marie Soderberg sold 2,842 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total value of $820,286.46. Following the transaction, the insider owned 132,265 shares in the company, valued at approximately $38,175,646.95. This represents a 2.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the sale, the director owned 238,333 shares of the company's stock, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 92,585 shares of company stock valued at $25,996,248 in the last three months. 3.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

BE has been the subject of a number of recent analyst reports. TD Cowen reiterated a "hold" rating and issued a $235.00 price target on shares of Bloom Energy in a research report on Monday, July 20th. Wall Street Zen upgraded Bloom Energy from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Susquehanna upped their price objective on shares of Bloom Energy from $293.00 to $298.00 and gave the company a "positive" rating in a research note on Friday, July 10th. Clear Str upgraded shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. Finally, Zacks Research raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 28th. Three research 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 stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $246.18.

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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