MRA Advisory Group Acquires 4,750 Shares of Bloom Energy Corporation $BE

Key Points

• MRA Advisory Group increased its Bloom Energy stake by 87.2% in the second quarter, purchasing 4,750 shares for a total holding of 10,196 shares valued at approximately $3.09 million. Institutional investors now own 77.04% of the company.
• Bloom Energy reported quarterly EPS of $0.78 versus the $0.39 consensus estimate, while revenue reached $1.07 billion, up 165.5% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $246.18.
• The stock faces mixed signals: Bloom is expanding its AI infrastructure partnerships and manufacturing capacity, but insiders have sold shares recently and a securities class-action lawsuit alleging supply-chain disclosures adds legal and reputational risk.

MRA Advisory Group boosted its holdings in Bloom Energy Corporation (NYSE:BE - Free Report) by 87.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,196 shares of the company's stock after buying an additional 4,750 shares during the quarter. Bloom Energy makes up 1.1% of MRA Advisory Group's holdings, making the stock its 22nd biggest holding. MRA Advisory Group's holdings in Bloom Energy were worth $3,086,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BE. FNY Investment Advisers LLC acquired a new position in Bloom Energy during the second quarter worth about $621,000. Cooper Financial Group bought a new stake in shares of Bloom Energy during the 2nd quarter valued at approximately $412,000. Castle Rock Wealth Management LLC acquired a new position in Bloom Energy during the 2nd quarter worth approximately $378,000. PensionDanmark Pensionsforsikringsaktieselskab increased its position in Bloom Energy by 9.0% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 34,041 shares of the company's stock worth $10,304,000 after purchasing an additional 2,820 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Bloom Energy by 3,398.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company's stock valued at $72,611,000 after purchasing an additional 233,020 shares during the last quarter. Institutional investors own 77.04% of the company's stock.

Bloom Energy Stock Performance

Shares of BE opened at $220.18 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 firm's fifty day simple moving average is $254.14 and its two-hundred day simple moving average is $212.16. Bloom Energy Corporation has a 12 month low of $36.47 and a 12 month high of $351.28. The stock has a market capitalization of $64.85 billion, a P/E ratio of 293.57, a price-to-earnings-growth ratio of 3.13 and a beta of 3.79.

Bloom Energy (NYSE:BE - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts predict that Bloom Energy Corporation will post 1.93 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on BE shares. Oppenheimer restated a "market perform" rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Evercore reiterated an "outperform" rating on shares of Bloom Energy in a report on Friday. Citigroup reiterated a "hold" rating on shares of Bloom Energy in a research note on Thursday, July 16th. Zacks Research raised Bloom Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. reduced their price objective on Bloom Energy from $346.00 to $314.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 29th. Three research 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $246.18.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy expanded its partnership with MiTAC Computing Technology to deploy fuel-cell systems for an islanded microgrid supporting AI infrastructure. The agreement reinforces the company’s position in the growing market for onsite power for data centers, though financial terms were not disclosed. Bloom Energy and MiTAC expanded partnership
• Positive Sentiment: BE was added to Zacks’ Rank #1 “Strong Buy” growth-stock list, offering some support for the bullish AI power-demand thesis. Zacks growth stocks list
• Neutral Sentiment: Bloom Energy is reportedly considering a Fremont manufacturing expansion that could create hundreds of jobs, potentially increasing production capacity but also requiring additional investment. Bloom Energy Fremont expansion
• Negative Sentiment: Several law firms reminded investors of a securities class action covering purchases from February 27, 2025, through July 8, 2026. The lawsuit alleges Bloom misled investors by claiming it had no China supply chain while allegedly obtaining scandium through intermediaries connected to China. Investors have until September 28, 2026, to seek lead-plaintiff status. The allegations are unproven, but the litigation adds legal costs, reputational risk and uncertainty—likely the main reason shares have decreased recently. Bloom Energy securities class action allegations

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director John T. Chambers sold 15,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $205.58, for a total transaction of $3,083,700.00. Following the transaction, the director directly owned 223,333 shares in the company, valued at approximately $45,912,798.14. This represents a 6.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Marie Soderberg sold 2,842 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total transaction of $820,286.46. Following the sale, the insider directly owned 132,265 shares of the company's stock, valued at approximately $38,175,646.95. This trade represents a 2.10% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 108,617 shares of company stock valued at $30,648,609 over the last ninety days. Insiders own 3.00% of the company's stock.

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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