Q Fund Management Hong Kong Ltd Buys 23,000 Shares of Bloom Energy Corporation $BE

Key Points

• Q Fund Management Hong Kong increased its Bloom Energy stake by 534.9% in the second quarter, purchasing 23,000 additional shares for a total of 27,300 shares valued at approximately $8.26 million. Institutional investors own 77.04% of Bloom Energy.
• Analysts maintain a “Moderate Buy” consensus on the stock, with an average price target of $246.18, although recent targets ranged from reductions to increases.
• Bloom Energy reported strong quarterly results, including 165.5% year-over-year revenue growth and earnings of $0.78 per share versus the $0.39 consensus estimate. AI data-center partnerships are strengthening the company’s growth outlook, while insiders have sold approximately $26 million of shares over the past 90 days.

Q Fund Management Hong Kong Ltd boosted its position in Bloom Energy Corporation (NYSE:BE - Free Report) by 534.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,300 shares of the company's stock after purchasing an additional 23,000 shares during the period. Bloom Energy makes up about 7.5% of Q Fund Management Hong Kong Ltd's portfolio, making the stock its 7th largest holding. Q Fund Management Hong Kong Ltd's holdings in Bloom Energy were worth $8,264,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BE. Blue Trust Inc. increased its position in shares of 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 stake in shares of Bloom Energy in the 1st quarter worth $27,000. WPG Advisers LLC lifted its holdings in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company's stock valued at $28,000 after buying an additional 67 shares during the period. Hantz Financial Services Inc. boosted its stake 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 in the last quarter. Finally, Godsey & Gibb Inc. boosted its stake in Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company's stock valued at $28,000 after buying an additional 200 shares in the last quarter. 77.04% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BE shares. BMO Capital Markets dropped their price target on shares of Bloom Energy from $279.00 to $227.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an "overweight" rating for the company in a research report on Wednesday, July 29th. Barclays lifted their price objective on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an "equal weight" rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein increased their target price on shares of Bloom Energy from $276.00 to $282.00 and gave the company a "market perform" rating in a research note on Wednesday, July 29th. Finally, Susquehanna raised their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a "positive" rating in a report on Friday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $246.18.

More Bloom Energy News

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Bloom Energy Trading Down 0.4%

Shares of NYSE BE opened at $236.12 on Friday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 12 month low of $40.56 and a 12 month high of $351.28. The company has a market cap of $69.54 billion, a price-to-earnings ratio of 314.82, a P/E/G ratio of 3.24 and a beta of 3.79. The business has a fifty day simple moving average of $248.98 and a 200-day simple moving average of $214.75.

Bloom Energy (NYSE:BE - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.39. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.Bloom Energy's revenue was up 165.5% on a year-over-year basis. During the same quarter last year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts predict that Bloom Energy Corporation will post 1.93 EPS for the current year.

Insider Buying and Selling

In related news, CAO Maciej Kurzymski sold 2,259 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the sale, the chief accounting officer owned 79,686 shares in the company, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the firm's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the transaction, the director directly owned 238,333 shares of the company's stock, valued at $70,949,350.77. This represents a 18.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 92,585 shares of company stock valued at $25,996,248. Company 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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