SBI Securities Co. Ltd. Sells 20,828 Shares of Bloom Energy Corporation $BE

Key Points

• SBI Securities cut its Bloom Energy stake by 64.2% in the third quarter, selling 20,828 shares and retaining 11,590 shares. Institutional investors collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with revenue rising 138.1% year over year to $1.24 billion and adjusted EPS of $0.94 exceeding estimates. The company also raised its 2026 outlook, citing strong product sales, backlog growth and data-center demand.
• Analyst sentiment remains broadly positive, with an average “Moderate Buy” rating and a $258.36 price target, although insider selling and roughly $180 million in negative quarterly cash flow remain concerns.

SBI Securities Co. Ltd. cut its stake in Bloom Energy Corporation (NYSE:BE - Free Report) by 64.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,590 shares of the company's stock after selling 20,828 shares during the period. SBI Securities Co. Ltd.'s holdings in Bloom Energy were worth $3,210,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BE. Aire Advisors LLC purchased a new stake in Bloom Energy during the third quarter valued at about $764,000. Trifecta Capital Advisors LLC bought a new stake in Bloom Energy during the third quarter worth about $26,000. Crossmark Global Holdings Inc. lifted its stake in Bloom Energy by 480.6% during the third quarter. Crossmark Global Holdings Inc. now owns 10,829 shares of the company's stock worth $2,999,000 after purchasing an additional 8,964 shares during the last quarter. Strengthening Families & Communities LLC lifted its stake in Bloom Energy by 3.8% during the third quarter. Strengthening Families & Communities LLC now owns 12,935 shares of the company's stock worth $3,583,000 after purchasing an additional 471 shares during the last quarter. Finally, LifeWealth Investments LLC bought a new stake in Bloom Energy during the third quarter worth about $269,000. Institutional investors own 77.04% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Bloom Energy from $314.00 to $292.00 and set an "overweight" rating for the company in a report on Friday. Royal Bank Of Canada reissued an "outperform" rating and set a $335.00 price objective on shares of Bloom Energy in a report on Friday. Oppenheimer restated a "market perform" rating on shares of Bloom Energy in a research report on Friday. Wells Fargo & Company dropped their target price 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. Finally, Sanford C. Bernstein upped their target price on Bloom Energy from $282.00 to $306.00 and gave the stock a "market perform" rating in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Bloom Energy has an average rating of "Moderate Buy" and an average price target of $258.36.

Insider Transactions at Bloom Energy

In other news, insider Aman Joshi sold 8,437 shares of the business's stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $277.17, for a total value of $2,338,483.29. Following the completion of the sale, the insider owned 147,092 shares of the company's stock, valued at approximately $40,769,489.64. The trade was a 5.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Chambers sold 15,000 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the sale, the director owned 208,333 shares of the company's stock, valued at $52,083,250. This represents a 6.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 89,698 shares of company stock valued at $21,780,758. 3.00% of the stock is currently owned by corporate insiders.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $192.52 on Friday. The stock has a market cap of $56.70 billion, a PE ratio of 118.11, a PEG ratio of 2.81 and a beta of 3.77. The company's fifty day moving average is $248.71 and its 200 day moving average is $249.16. Bloom Energy Corporation has a 52 week low of $75.70 and a 52 week high of $351.28. 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 (NYSE:BE - Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 53.69%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the firm posted $0.15 earnings per share. The firm's revenue for the quarter was up 138.1% on a year-over-year basis. Research analysts anticipate that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

About Bloom Energy

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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