GoalVest Advisory LLC Increases Stake in Bloom Energy Corporation $BE

Key Points

• Institutional interest increased: GoalVest Advisory raised its Bloom Energy stake by 13,843.2% to 18,405 shares, while institutional investors collectively own 77.04% of the company.
• Analyst sentiment remains positive: Bloom Energy has a consensus “Moderate Buy” rating and an average price target of $257.18, with several analysts recently upgrading the stock or maintaining bullish ratings.
• Strong growth but elevated risk: Quarterly revenue surged 165.5% year over year to $1.07 billion and EPS beat estimates, but the stock’s high valuation and reliance on equipment sales could increase pullback risk after its sharp rally.

GoalVest Advisory LLC boosted its holdings in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 13,843.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 18,405 shares of the company's stock after acquiring an additional 18,273 shares during the period. GoalVest Advisory LLC's holdings in Bloom Energy were worth $54,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklands Fund Management Ltd bought a new position in Bloom Energy during the fourth quarter worth about $347,560,000. Jennison Associates LLC grew its holdings in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company's stock valued at $364,066,000 after purchasing an additional 2,673,710 shares during the period. Bank of New York Mellon Corp acquired a new position in Bloom Energy during the second quarter valued at approximately $296,413,000. Polar Capital Holdings Plc bought a new stake in Bloom Energy in the fourth quarter valued at approximately $76,234,000. Finally, Goldman Sachs Group Inc. increased its stake in Bloom Energy by 63.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,026,245 shares of the company's stock valued at $176,060,000 after purchasing an additional 783,040 shares in the last quarter. Institutional investors own 77.04% of the company's stock.

Insider Buying and Selling

In other news, CAO Maciej Kurzymski sold 2,295 shares of Bloom Energy stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total transaction of $616,023.90. Following the completion of the transaction, the chief accounting officer directly owned 77,391 shares in the company, valued at approximately $20,773,292.22. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,437 shares of the business's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total value of $2,338,483.29. Following the transaction, the insider directly owned 147,092 shares in the company, valued at $40,769,489.64. The trade was a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 89,698 shares of company stock valued at $21,780,758. Insiders own 3.00% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BE shares. Evercore reissued an "outperform" rating on shares of Bloom Energy in a research report on Friday, August 7th. Zacks Research upgraded shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. dropped their price objective on Bloom Energy from $346.00 to $314.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 29th. Wall Street Zen upgraded Bloom Energy from a "hold" rating to a "buy" rating in a report on Sunday, September 6th. Finally, Clear Str raised Bloom Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $257.18.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Virginia’s 5-gigawatt opportunity: RBC Capital reiterated its Outperform rating and $335 price target, saying Virginia’s 2026 Energy Plan creates a favorable framework for Bloom’s fuel-cell technology. The plan is viewed as a potential source of substantial future demand for onsite power generation. Bloom Energy Stock Jumps as RBC Capital Highlights 5GW Virginia Policy Opportunity
• Positive Sentiment: AI data-center demand: Analysts continue to identify Bloom as a beneficiary of surging electricity needs from AI infrastructure. Its ability to provide reliable, onsite power is strengthening the investment case for fuel-cell suppliers. Bloom Energy Stock Hiked As AI-Driven Fuel-Cell Market Booms
• Positive Sentiment: Industry-wide momentum: Money is moving into onsite-power and hydrogen-related stocks, lifting Bloom alongside FuelCell Energy. The broader sector rally is adding momentum to BE shares, although the move is not company-specific. FuelCell Jumps, Bloom Energy Climbs as Hydrogen Stocks Rally
• Neutral Sentiment: Bloom’s recent rally follows a 29% September gain and has brought the stock near a technical buy point, attracting momentum-oriented investors. Its elevated valuation means expectations for continued growth are already substantial.
• Negative Sentiment: Bloom’s latest record quarter relied heavily on equipment sales, which represented nearly 90% of revenue. A slowdown in that category could expose the stock after its sharp advance and leave investors vulnerable to a pullback. Should Bloom Energy Stock Investors Worry About Its Record Quarter?

Bloom Energy Price Performance

Shares of BE opened at $289.48 on Friday. 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 company's fifty day simple moving average is $237.58 and its 200 day simple moving average is $237.99. Bloom Energy Corporation has a 1-year low of $75.70 and a 1-year high of $351.28. The company has a market cap of $85.26 billion, a price-to-earnings ratio of 385.98, a PEG ratio of 3.55 and a beta of 3.76.

Bloom Energy (NYSE:BE - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating 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 firm 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 earnings per share. The company's revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, research analysts forecast that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Bloom Energy Company Profile

Bloom Energy Corporation NYSE: BE develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company's distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.

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