Partners Wealth Management LLC Makes New Investment in Bloom Energy Corporation $BE

Key Points

• Partners Wealth Management initiated a 7,408-share Bloom Energy position worth approximately $2.05 million in the third quarter. Hedge funds and other institutions collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with EPS of $0.94 versus the $0.69 analyst consensus and revenue of $1.24 billion, up 138.1% year over year.
• Analyst sentiment remains mixed: Bloom has an average “Hold” rating and a consensus price target of $264.33, while insiders sold 89,698 shares worth about $21.8 million during the latest quarter.

Partners Wealth Management LLC bought a new stake in Bloom Energy Corporation (NYSE:BE - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,408 shares of the company's stock, valued at approximately $2,052,000.

Several other institutional investors and hedge funds have also made changes to their positions in BE. Soltis Investment Advisors LLC boosted its position in Bloom Energy by 150.4% in the 3rd quarter. Soltis Investment Advisors LLC now owns 2,406 shares of the company's stock valued at $667,000 after buying an additional 1,445 shares during the last quarter. Bosman Wealth Management LLC grew its holdings in Bloom Energy by 6.8% during the 3rd quarter. Bosman Wealth Management LLC now owns 18,395 shares of the company's stock worth $5,095,000 after acquiring an additional 1,166 shares in the last quarter. Choreo LLC increased its position in shares of Bloom Energy by 19.4% in the 3rd quarter. Choreo LLC now owns 5,908 shares of the company's stock worth $1,636,000 after purchasing an additional 959 shares during the last quarter. Sage Rhino Capital LLC increased its position in shares of Bloom Energy by 5.5% in the 3rd quarter. Sage Rhino Capital LLC now owns 2,264 shares of the company's stock worth $627,000 after purchasing an additional 118 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. acquired a new stake in shares of Bloom Energy in the 3rd quarter valued at about $1,967,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $222.28 on Friday. The company has a market cap of $65.47 billion, a PE ratio of 136.37, a P/E/G ratio of 2.36 and a beta of 3.77. Bloom Energy Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The firm has a 50-day simple moving average of $248.16 and a 200 day simple moving average of $219.47. The company has a quick ratio of 3.08, a current ratio of 3.74 and a debt-to-equity ratio of 1.33.

Bloom Energy (NYSE:BE - Get Free Report) last issued its earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.25. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. Bloom Energy's quarterly revenue was up 138.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 earnings per share. On average, sell-side analysts anticipate that Bloom Energy Corporation will post 2.55 EPS for the current year.

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,437 shares of the company's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the transaction, the insider directly owned 147,092 shares in the company, valued at $40,769,489.64. This represents a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Maciej Kurzymski sold 2,295 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the sale, the chief accounting officer directly owned 77,391 shares in the company, valued at $20,773,292.22. This represents a 2.88% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is currently owned by insiders.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom reported third-quarter revenue of approximately $1.24 billion, up 138% year over year, and adjusted earnings of $0.94 per share versus analysts’ expectations of $0.69. Management raised its 2026 revenue outlook to $4.4 billion-$4.6 billion, citing surging electricity demand linked to artificial-intelligence data centers. What Did Bloom Energy's Quarter Change For Its Stock?
• Positive Sentiment: The company plans to expand manufacturing capacity and is pursuing utility partnerships, additional AI-related contracts and carbon-capture opportunities, supporting the long-term growth narrative. Bloom Energy Q3 Earnings Call Highlights Guidance Hike & Capacity Plan
• Positive Sentiment: Analyst upgrades from Wells Fargo and other coverage prompted a gap higher and reinforced the view that Bloom could benefit from rising power demand and earnings growth. Bloom Energy Stock Jumps 7.2% on Analyst Upgrade
• Neutral Sentiment: Investor interest remains focused on whether AI-driven demand can translate into durable cash generation. Analysts continue to identify Bloom as a high-growth candidate, but its valuation leaves limited room for execution missteps. Is Bloom Energy Stock Cheap After AI Demand And Cash Flow Concerns?
• Negative Sentiment: Working-capital requirements are increasing: contract assets reached $858.6 million and receivables $634.7 million, while $306.5 million in Oracle-related customer consideration remains a key uncertainty. These issues raise questions about the timing and quality of cash flows. Bloom Energy: One Year Later, I'm Still Long
• Negative Sentiment: A separate analyst downgrade and concerns about the stock’s very elevated valuation, including a triple-digit price-to-earnings ratio, are encouraging profit-taking after its substantial multiyear advance. Bloom Energy: Buckle Up, Things Are About To Change

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BE. Clear Str raised shares of Bloom Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 29th. UBS Group upped their price objective on Bloom Energy from $325.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, October 7th. KeyCorp reaffirmed a "sector weight" rating on shares of Bloom Energy in a report on Friday, October 23rd. Wells Fargo & Company lifted their target price on Bloom Energy from $176.00 to $182.00 and gave the stock an "equal weight" rating in a research report on Monday. Finally, Wall Street Zen downgraded Bloom Energy from a "buy" rating to a "hold" rating in a report on Saturday, October 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Bloom Energy has an average rating of "Hold" and a consensus price target of $264.33.

Bloom Energy Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.

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