Western Wealth Management LLC Makes New $624,000 Investment in Bloom Energy Corporation $BE

Key Points

• Western Wealth Management purchased 4,604 Bloom Energy shares worth approximately $624,000 in the first quarter. Institutional investors collectively own 77.04% of the company.
• Bloom Energy reported strong quarterly results, with revenue rising 165.5% year over year to $1.07 billion and earnings of $0.78 per share, exceeding analysts’ $0.39 estimate. AI data-center partnerships with Nebius and MiTAC are supporting the company’s growth outlook.
• Analysts maintain a generally positive view, with the stock holding a “Moderate Buy” consensus rating and an average price target of $246.18, although JPMorgan and UBS recently lowered their targets.

Western Wealth Management LLC bought a new stake in shares of Bloom Energy Corporation (NYSE:BE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,604 shares of the company's stock, valued at approximately $624,000.

A number of other hedge funds have also recently modified their holdings of BE. Brooklands Fund Management Ltd bought a new stake in shares of Bloom Energy during the 4th quarter worth approximately $347,560,000. Norges Bank bought a new position in Bloom Energy in the 4th quarter valued at $239,683,000. Jennison Associates LLC grew its position in Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company's stock valued at $364,066,000 after acquiring an additional 2,673,710 shares during the last quarter. Amundi increased its stake in Bloom Energy by 390.7% in the fourth quarter. Amundi now owns 3,154,197 shares of the company's stock worth $274,068,000 after purchasing an additional 2,511,426 shares during the period. Finally, Man Group plc increased its stake in Bloom Energy by 177.4% in the second quarter. Man Group plc now owns 2,392,915 shares of the company's stock worth $57,239,000 after purchasing an additional 1,530,167 shares during the period. Institutional investors own 77.04% of the company's stock.

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 Price Performance

Shares of BE stock opened at $236.12 on Friday. Bloom Energy Corporation has a twelve month low of $40.56 and a twelve month high of $351.28. 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 stock has a fifty day simple moving average of $248.98 and a two-hundred day simple moving average of $214.75. The stock has a market capitalization 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.

Bloom Energy (NYSE:BE - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion for 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 revenue for the quarter was up 165.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts predict that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on BE shares. JPMorgan Chase & Co. lowered their target price on shares of Bloom Energy from $346.00 to $314.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. UBS Group reduced their price target on shares of Bloom Energy from $350.00 to $300.00 and set a "buy" rating on the stock in a research note on Wednesday, July 29th. Evercore reiterated an "outperform" rating on shares of Bloom Energy in a report on Friday, August 7th. Robert W. Baird reissued an "outperform" rating and issued a $310.00 price objective on shares of Bloom Energy in a research report on Thursday, July 9th. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $335.00 target price on shares of Bloom Energy in a research note on Wednesday, June 10th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $246.18.

Insider Activity at Bloom Energy

In other news, insider Aman Joshi sold 8,343 shares of the business's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares in the company, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Satish Chitoori sold 2,837 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the sale, the insider directly owned 207,417 shares of the company's stock, valued at $59,966,328.87. The trade was a 1.35% decrease in their position. 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 92,585 shares of company stock worth $25,996,248 over the last quarter. Corporate insiders own 3.00% of the company's stock.

Bloom Energy Company 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.

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