Bedell Frazier Investment Counselling LLC Sells 5,198 Shares of Bloom Energy Corporation $BE

Bedell Frazier Investment Counselling LLC decreased its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 55.5% in the third quarter, Holdings Channel reports. The firm owned 4,166 shares of the company’s stock after selling 5,198 shares during the quarter. Bedell Frazier Investment Counselling LLC’s holdings in Bloom Energy were worth $352,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of BE. Graticule Asia Macro Advisors LLC bought a new position in shares of Bloom Energy during the 3rd quarter worth approximately $402,494,000. Trivest Advisors Ltd raised its stake in Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after acquiring an additional 3,201,000 shares in the last quarter. Norges Bank bought a new position in shares of Bloom Energy during the second quarter valued at $57,821,000. Westfield Capital Management Co. LP bought a new position in shares of Bloom Energy during the third quarter valued at $141,679,000. Finally, Man Group plc boosted its stake in shares of Bloom Energy by 177.4% in the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after purchasing an additional 1,530,167 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Shawn Marie Soderberg sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $180.00, for a total transaction of $3,600,000.00. Following the transaction, the insider directly owned 376,731 shares in the company, valued at approximately $67,811,580. This represents a 5.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary S. Pinkus sold 1,250 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.80, for a total transaction of $207,250.00. Following the completion of the transaction, the director directly owned 4,149 shares in the company, valued at $687,904.20. This trade represents a 23.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 268,788 shares of company stock valued at $45,575,889 over the last quarter. 3.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BE. Citigroup assumed coverage on shares of Bloom Energy in a research report on Tuesday. They set a “neutral” rating and a $162.00 target price for the company. Royal Bank Of Canada set a $143.00 price objective on shares of Bloom Energy in a report on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, January 27th. Evercore reissued an “outperform” rating and issued a $179.00 target price on shares of Bloom Energy in a report on Friday, February 6th. Finally, Jefferies Financial Group set a $102.00 price target on Bloom Energy in a report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $131.87.

Bloom Energy Price Performance

Shares of BE stock opened at $155.49 on Friday. Bloom Energy Corporation has a 1 year low of $15.15 and a 1 year high of $180.90. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. The firm’s 50 day moving average is $134.81 and its 200-day moving average is $105.24. The firm has a market capitalization of $43.62 billion, a price-to-earnings ratio of -409.18, a PEG ratio of 6.35 and a beta of 3.07.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The firm had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. During the same quarter in the previous year, the company posted $0.43 EPS. Bloom Energy’s revenue was up 35.9% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Sell-side analysts forecast that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Brookfield partnership: Bloom and Brookfield announced a program worth up to $5 billion to deploy Bloom’s fuel‑cell systems for AI data centers and factories — a material commercial validation that supports future revenue growth tied to high‑density AI power demand. Bloom-Brookfield Deal
• Positive Sentiment: Backlog and guidance: Management has reported a large backlog (product backlog and total backlog figures cited) and set aggressive FY‑2026 revenue and margin targets, supporting the growth narrative for enterprise and AI customers. Those operational metrics justify investor optimism over medium‑term earnings expansion. Backlog & Guidance
• Positive Sentiment: Momentum and performance: BE has outpaced peers YTD and is up substantially over the past year as investors rotate into clean‑power and AI infrastructure plays, attracting momentum flows. Zacks YTD Note
• Neutral Sentiment: High‑profile commentary: Jim Cramer reiterated the stock’s volatility but said he’d feel more comfortable recommending BE after a pullback — publicity that raises awareness but is not an immediate catalyst. Cramer Comment
• Neutral Sentiment: Citi initiation: Citi initiated coverage with a neutral rating and a $162 target, signaling that some sell‑side desks view the stock as fairly valued near current levels — which can cap near‑term upside after the run. Citi Initiation
• Neutral Sentiment: Peer comparison: Analysts note Bloom outperforms peers like FuelCell Energy on earnings growth and ROIC but trades at a steep premium — a mixed signal for investors weighing growth vs. price. BE vs FCEL
• Negative Sentiment: Insider selling: CEO Kr Sridhar sold 200,000 shares (~$34M) on Feb. 24, reducing his stake — a high‑profile sale that often triggers short‑term profit taking and can pressure the stock. SEC Filing
• Negative Sentiment: Valuation risk: Multiple analysis pieces warn the stock may be “priced for perfection” — expensive multiples and high execution expectations are prompting some investors to lock in gains after the rally. Valuation Note

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.