VMS Asset Management Limited Buys Shares of 27,010 Bloom Energy Corporation $BE

Key Points

• VMS Asset Management acquired 27,010 Bloom Energy shares worth approximately $8.18 million, making the stock 2.6% of its portfolio and its 16th-largest holding. Institutional investors collectively own 77.04% of Bloom Energy.
• Analysts maintain a generally positive outlook, with the stock receiving a “Moderate Buy” consensus rating and an average price target of $246.18, although several firms recently lowered their targets.
• Bloom Energy reported strong quarterly results, including $1.07 billion in revenue—up 165.5% year over year—and adjusted earnings of $0.78 per share versus the $0.39 consensus estimate. AI data-center partnerships are reinforcing expectations for continued demand for its onsite power systems.

VMS Asset Management Limited purchased a new stake in Bloom Energy Corporation (NYSE:BE - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 27,010 shares of the company's stock, valued at approximately $8,176,000. Bloom Energy accounts for approximately 2.6% of VMS Asset Management Limited's holdings, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in BE. MJT & Associates Financial Advisory Group Inc. raised its position in shares of Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company's stock valued at $34,000 after buying an additional 37 shares during the period. Carolina Wealth Advisors LLC grew its position in Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company's stock worth $41,000 after acquiring an additional 46 shares during the period. Blue Trust Inc. grew its position in Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company's stock worth $25,000 after acquiring an additional 51 shares during the period. Anchor Investment Management LLC acquired a new stake in Bloom Energy during the first quarter worth $27,000. Finally, Godsey & Gibb Inc. increased 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 worth $28,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $335.00 price target on shares of Bloom Energy in a research note on Wednesday, June 10th. JPMorgan Chase & Co. cut their price objective on Bloom Energy from $346.00 to $314.00 and set an "overweight" rating for the company in a research report on Wednesday, July 29th. BMO Capital Markets reduced their price objective on shares of Bloom Energy from $279.00 to $227.00 and set a "market perform" rating on the stock in a report on Wednesday, July 29th. Barclays boosted their price objective on shares of Bloom Energy from $254.00 to $276.00 and gave the company an "equal weight" rating in a report on Tuesday, June 23rd. Finally, UBS Group decreased their target price on shares of Bloom Energy from $350.00 to $300.00 and set a "buy" 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 given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $246.18.

Insider Activity at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 2,842 shares of the firm's stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total transaction of $820,286.46. Following the completion of the transaction, the insider directly owned 132,265 shares in the company, valued at $38,175,646.95. This trade represents a 2.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction dated 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 transaction, the chief accounting officer directly owned 79,686 shares of the company's stock, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 92,585 shares of company stock worth $25,996,248 over the last ninety days. Company insiders own 3.00% of the company's stock.

Bloom Energy Stock Down 0.4%

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. The stock's fifty day moving average is $248.98 and its two-hundred day moving average is $214.75. Bloom Energy Corporation has a 52 week low of $40.56 and a 52 week high of $351.28. The stock has a market capitalization of $69.54 billion, a price-to-earnings ratio of 314.82, a price-to-earnings-growth ratio of 3.24 and a beta of 3.79.

Bloom Energy (NYSE:BE - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate 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. The company's quarterly revenue was up 165.5% on a year-over-year basis. During the same period last year, the business posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Research analysts anticipate that Bloom Energy Corporation will post 1.93 EPS for the current year.

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 Profile

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.

Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source