Montanova Capital LLC Makes New $10.23 Million Investment in Bloom Energy Corporation $BE

Key Points

• Montanova Capital initiated a $10.23 million position in Bloom Energy during the second quarter, purchasing 33,800 shares. Hedge funds and other institutional investors collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with revenue up 165.5% year over year to $1.07 billion and EPS of $0.78 versus the $0.39 analyst consensus. However, the stock’s high valuation and mixed analyst views remain key considerations.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $248.05, while recent reports highlight potential litigation and supply-chain disclosure risks facing the company.

Montanova Capital LLC purchased a new position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 33,800 shares of the company's stock, valued at approximately $10,231,000.

Other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in 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 purchasing an additional 51 shares during the period. Anchor Investment Management LLC bought a new position in shares of Bloom Energy during the first quarter valued at approximately $27,000. Hantz Financial Services Inc. increased its holdings in Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company's stock valued at $28,000 after buying an additional 100 shares during the period. Godsey & Gibb Inc. raised its stake in Bloom Energy by 2,000.0% in the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company's stock worth $28,000 after buying an additional 200 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in Bloom Energy in the fourth quarter worth approximately $28,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $206.39 on Tuesday. Bloom Energy Corporation has a twelve month low of $48.87 and a twelve month high of $351.28. The company's 50 day moving average is $232.72 and its 200 day moving average is $219.92. 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 has a market cap of $60.79 billion, a PE ratio of 275.19, a price-to-earnings-growth ratio of 2.89 and a beta of 3.79.

Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. During the same quarter last year, the business posted $0.10 EPS. The company's revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, sell-side analysts forecast that Bloom Energy Corporation will post 1.92 EPS for the current year.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy’s Power Connect system reportedly reduces onsite installation time by more than 40%. Faster deployment could help the company meet surging demand from AI data centers and supports its higher 2026 revenue and earnings outlook. Will Faster Installations Drive Bloom Energy’s AI Expansion?
• Neutral Sentiment: Bloom Energy’s shares have gained roughly 1,290% over three years, but valuation measures are mixed. A discounted-cash-flow analysis suggests the stock may be trading above intrinsic value, while market-based multiples imply stronger growth expectations; the result is a relatively low value rating despite continued momentum. Is Bloom Energy Priced For Perfection After AI Demand?
• Negative Sentiment: Multiple law firms are publicizing a securities class action against Bloom Energy concerning investors who purchased shares between February 27, 2025, and July 8, 2026. The firms allege violations of federal securities laws and are seeking lead plaintiffs by September 28, 2026. Repeated notices increase headline and litigation risk, although the allegations have not been proven. Rosen Law Firm Class Action Deadline Notice
• Negative Sentiment: One complaint reportedly alleges that Bloom Energy misrepresented its supply chain by stating it had no China supply-chain exposure while allegedly routing Chinese-sourced scandium and components through intermediaries in several Asian countries. If substantiated, such claims could create financial, regulatory, and reputational risks. Levi & Korsinsky Supply-Chain Allegation Notice

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wells Fargo & Company reduced their price target on Bloom Energy from $217.00 to $176.00 and set an "equal weight" rating for the company in a research report on Thursday, July 30th. Wall Street Zen lowered Bloom Energy from a "buy" rating to a "hold" rating in a research note on Saturday. Jefferies Financial Group boosted their target price 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. Robert W. Baird restated an "outperform" rating and issued a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. Finally, Roth Capital boosted their price objective on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Bloom Energy presently has a consensus rating of "Moderate Buy" and an average target price of $248.05.

Insider Buying and Selling

In other Bloom Energy news, insider Satish Chitoori sold 2,053 shares of the company's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $241.64, for a total transaction of $496,086.92. Following the completion of the transaction, the insider directly owned 205,364 shares in the company, valued at approximately $49,624,156.96. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,895 shares of the company's stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the transaction, the insider owned 129,370 shares of the company's stock, valued at approximately $30,220,832. This trade represents a 2.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 89,464 shares of company stock worth $22,131,255 in the last 90 days. 3.00% of the stock is owned by insiders.

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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