Kornitzer Capital Management Inc. KS Takes $2.03 Million Position in Bloom Energy Corporation $BE

Key Points

• Kornitzer Capital Management purchased a new stake of 23,395 shares of Bloom Energy (NYSE:BE) in Q4, valued at approximately $2.03 million.
• Bloom posted a blowout Q1—$751.1M revenue (vs. $540M est.) and $0.44 EPS (vs. $0.12 est.)—and raised FY‑2026 EPS guidance to $1.85–$2.25, fueling a rally, renewed institutional interest, and positioning the company as a potential AI/data‑center power play.
• Despite the momentum, risks remain: the stock has a high beta and stretched valuation, and insiders have sold heavily (490,092 shares worth about $88.3M in the past 90 days), which could contribute to sharp volatility.

Kornitzer Capital Management Inc. KS bought a new stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 23,395 shares of the company's stock, valued at approximately $2,033,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BE. Creekmur Asset Management LLC purchased a new position in Bloom Energy in the 3rd quarter valued at $1,825,000. Meridian Wealth Management LLC purchased a new position in Bloom Energy in the 3rd quarter valued at $553,000. Udine Wealth Management Inc. lifted its holdings in Bloom Energy by 27.8% in the 3rd quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company's stock valued at $5,325,000 after purchasing an additional 13,684 shares in the last quarter. Straight Path Wealth Management purchased a new position in Bloom Energy in the 3rd quarter valued at $1,099,000. Finally, Teachers Retirement System of The State of Kentucky purchased a new position in Bloom Energy in the 3rd quarter valued at $1,985,000. Hedge funds and other institutional investors own 77.04% of the company's stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Blowout Q1 and upgraded guidance — Bloom reported a large revenue and EPS beat (Q1 revenue far above estimates, EPS swung to profit) and raised FY‑2026 EPS guidance to $1.85–$2.25, which is the primary fundamental driver behind the rally. Bloom Energy Corp (BE) Q1 2026 Earnings Call Highlights
• Positive Sentiment: AI/data-center demand ramp — Multiple reports highlight Bloom’s role as an on‑site power solution for data centers and AI clusters, with the company ramping fuel-cell production and deployments; investors are re‑rating BE as a data‑center power growth play. Bloom Energy May Be Solving AI’s Biggest Power Problem
• Positive Sentiment: Institutional interest and momentum — Reports that Stanley Druckenmiller has built a large position, plus coverage noting BE as one of April’s top industrial performers, are reinforcing momentum and retail/institutional attention. Druckenmiller Made 400% on SanDisk — Now He’s All In on Bloom Energy (BE)
• Positive Sentiment: Technical breakout / all-time highs — Traders are pushing the stock to new highs following the quarter and guidance lift, which attracts momentum buyers and breakout traders. Why Bloom Energy Stock Hit All-Time Highs Today
• Neutral Sentiment: Analyst moves — JPMorgan raised its rating to Overweight and lifted its target (note: the new $267 target is below intraday levels), signaling institutional analyst support but also reflecting mixed views on near‑term upside. JPMorgan price target update
• Negative Sentiment: Valuation and risk — Several analysts and outlets warn valuation is stretched after the surge; BE’s high beta and rapid run from its 52‑week low make it vulnerable to sharp pullbacks if execution or bookings slow. Bloom Energy Is Now a Data Center Stock. Buy Its Shares Now.
• Negative Sentiment: Meme/volatility concerns — Coverage noting a “meme‑stock” dynamic and heavy retail interest suggests sentiment‑driven swings; investors should expect elevated intraday and short‑term volatility. Bloom Energy shares rocket higher by 20%

Bloom Energy Stock Down 0.2%

Shares of BE opened at $290.07 on Monday. Bloom Energy Corporation has a 52-week low of $16.05 and a 52-week high of $296.50. The company has a market capitalization of $81.38 billion, a PE ratio of -5,800.32 and a beta of 3.82. The stock has a fifty day simple moving average of $172.25 and a two-hundred day simple moving average of $138.39. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE - Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same period last year, the company earned $0.03 EPS. The company's revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts forecast that Bloom Energy Corporation will post 1.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Citigroup raised their price objective on Bloom Energy to $281.00 and gave the company a "neutral" rating in a report on Wednesday. Weiss Ratings restated a "hold (c)" rating on shares of Bloom Energy in a report on Friday, April 24th. Truist Financial set a $68.00 price objective on Bloom Energy in a report on Friday, January 9th. BMO Capital Markets raised their price objective on Bloom Energy to $149.00 and gave the company a "market perform" rating in a report on Friday, February 6th. Finally, Wall Street Zen upgraded Bloom Energy from a "hold" rating to a "buy" rating in a report on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $205.27.

Insider Buying and Selling

In other Bloom Energy news, insider Shawn Marie Soderberg sold 35,000 shares of the firm's stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00. Following the completion of the sale, the insider directly owned 341,731 shares of the company's stock, valued at $95,342,949. This trade represents a 9.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Aman Joshi sold 10,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $135.88, for a total value of $1,358,800.00. Following the completion of the sale, the insider directly owned 180,521 shares of the company's stock, valued at $24,529,193.48. This trade represents a 5.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 490,092 shares of company stock valued at $88,329,475 over the last 90 days. Insiders own 3.00% of the company's stock.

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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