Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases Shares of 150,093 Bloom Energy Corporation $BE

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Bloom Energy Corporation (NYSE:BEFree Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 150,093 shares of the company’s stock, valued at approximately $13,042,000.

Other institutional investors also recently bought and sold shares of the company. Creekmur Asset Management LLC acquired a new position in Bloom Energy in the 3rd quarter valued at $1,825,000. Meridian Wealth Management LLC purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $553,000. Straight Path Wealth Management purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $1,099,000. Strs Ohio grew its stake in shares of Bloom Energy by 24.8% during the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after buying an additional 8,200 shares during the period. Finally, Teachers Retirement System of The State of Kentucky purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $1,985,000. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Bloom Energy Stock Up 1.1%

Shares of Bloom Energy stock opened at $261.57 on Wednesday. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The company has a fifty day moving average price of $198.40 and a 200 day moving average price of $151.36. The stock has a market cap of $74.40 billion, a price-to-earnings ratio of -5,230.41 and a beta of 3.82. Bloom Energy Corporation has a twelve month low of $17.01 and a twelve month high of $310.00.

Bloom Energy (NYSE:BEGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue for the quarter was up 130.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Trending Headlines about Bloom Energy

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on BE. Evercore reissued an “outperform” rating and set a $179.00 price objective on shares of Bloom Energy in a research note on Friday, February 6th. TD Cowen boosted their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Susquehanna boosted their price objective on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. Finally, BMO Capital Markets boosted their price objective on shares of Bloom Energy to $149.00 and gave the company a “market perform” rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy presently has an average rating of “Moderate Buy” and an average target price of $217.48.

Read Our Latest Stock Report on Bloom Energy

Insider Buying and Selling

In other Bloom Energy news, insider Aman Joshi sold 19,944 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40. Following the completion of the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at $29,502,176.85. This represents a 9.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shawn Marie Soderberg sold 35,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the completion of the transaction, the insider directly owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. The trade was a 9.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 525,271 shares of company stock worth $99,167,479 over the last quarter. Company insiders own 3.00% of the company’s stock.

Bloom Energy Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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