Lumbard & Kellner LLC Has $2.83 Million Position in Bloom Energy Corporation $BE

Lumbard & Kellner LLC reduced its stake in shares of Bloom Energy Corporation (NYSE:BE) by 84.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,467 shares of the company’s stock after selling 177,285 shares during the period. Lumbard & Kellner LLC’s holdings in Bloom Energy were worth $2,830,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Resona Asset Management Co. Ltd. bought a new position in shares of Bloom Energy in the second quarter valued at approximately $108,000. Meridian Wealth Management LLC bought a new stake in shares of Bloom Energy during the 3rd quarter worth $553,000. Udine Wealth Management Inc. grew its stake in Bloom Energy by 27.8% in the 3rd quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company’s stock valued at $5,325,000 after buying an additional 13,684 shares during the last quarter. Straight Path Wealth Management acquired a new position in Bloom Energy in the 3rd quarter valued at $1,099,000. Finally, Creekmur Asset Management LLC bought a new position in Bloom Energy in the 3rd quarter worth $1,825,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BE shares. UBS Group restated a “buy” rating and set a $170.00 price target on shares of Bloom Energy in a report on Friday, February 6th. Wall Street Zen cut Bloom Energy from a “buy” rating to a “hold” rating in a research report on Saturday. Robert W. Baird set a $172.00 target price on Bloom Energy in a research note on Tuesday, January 27th. BTIG Research raised their target price on Bloom Energy to $165.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, TD Cowen upped their price target on Bloom Energy to $160.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $131.87.

Insiders Place Their Bets

In related news, insider Satish Chitoori sold 1,521 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $139.37, for a total value of $211,981.77. Following the completion of the transaction, the insider owned 230,017 shares of the company’s stock, valued at $32,057,469.29. This represents a 0.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kr Sridhar sold 200,000 shares of Bloom Energy stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $170.00, for a total value of $34,000,000.00. Following the sale, the chief executive officer directly owned 2,189,869 shares in the company, valued at $372,277,730. The trade was a 8.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 268,788 shares of company stock valued at $45,575,889 over the last 90 days. Company insiders own 3.50% of the company’s stock.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $155.49 on Monday. The firm has a market capitalization of $43.62 billion, a PE ratio of -409.18, a PEG ratio of 6.35 and a beta of 3.11. The company has a current ratio of 5.98, a quick ratio of 4.95 and a debt-to-equity ratio of 3.54. Bloom Energy Corporation has a 1-year low of $15.15 and a 1-year high of $180.90. The business’s 50 day moving average is $134.81 and its 200-day moving average is $105.67.

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

More Bloom Energy News

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.