Zweig DiMenna Associates LLC Acquires Shares of 62,500 Bloom Energy Corporation $BE

Zweig DiMenna Associates LLC bought a new position in shares of Bloom Energy Corporation (NYSE:BE) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 62,500 shares of the company’s stock, valued at approximately $8,468,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Blue Trust Inc. boosted its stake in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the period. HB Wealth Management LLC increased its stake in Bloom Energy by 1.6% in the 1st quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock worth $466,000 after buying an additional 54 shares during the period. WPG Advisers LLC increased its stake in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares during the period. Cedar Mountain Advisors LLC lifted its holdings in Bloom Energy by 29.0% during the 1st quarter. Cedar Mountain Advisors LLC now owns 334 shares of the company’s stock valued at $45,000 after buying an additional 75 shares in the last quarter. Finally, Orion Capital Management LLC lifted its holdings in Bloom Energy by 0.7% during the 4th quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock valued at $1,050,000 after buying an additional 83 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.

Bloom Energy Stock Performance

BE stock opened at $243.46 on Wednesday. Bloom Energy Corporation has a 1-year low of $24.04 and a 1-year high of $351.28. The business has a 50-day moving average price of $281.33 and a 200 day moving average price of $200.48. The company has a market capitalization of $69.25 billion, a P/E ratio of -4,868.27 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million for 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 quarterly revenue was up 130.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts forecast that Bloom Energy Corporation will post 1.4 EPS for the current fiscal year.

Analysts Set New Price Targets

BE has been the subject of several research reports. 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. Barclays raised their target price on shares of Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 23rd. BTIG Research lifted their price target on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Roth Capital boosted their price target on Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Finally, Wells Fargo & Company increased their price objective on Bloom Energy to $217.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Bloom Energy currently has an average rating of “Hold” and an average price target of $250.41.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: UBS reiterated a Buy rating on Bloom Energy and kept a $350 price target, reinforcing the bullish case that the stock’s recent pullback may be a buying opportunity. UBS says ‘buy the dip’ in Bloom Energy stock
• Positive Sentiment: Multiple recent stories highlighted Bloom Energy as an AI infrastructure winner, with demand for alternative power and data-center backup systems supporting the stock’s longer-term growth narrative. Alternative Power Demand Drives Bloom Energy (BE) Higher
• Positive Sentiment: Coverage noted Bloom Energy’s expanded AI power partnership and growing exposure to data-center buildouts, which continues to attract investors looking for beneficiaries of rising electricity demand. Bloom Energy Is Expanding This Key AI Power Partnership to $25 Billion. Time to Buy the Fuel Cell Stock?
• Neutral Sentiment: Analysts and market commentators continued to debate whether Bloom Energy is still below fair value after a massive multi-year run, suggesting the stock may remain volatile as investors weigh growth against a premium valuation. Bloom Energy (BE) Stock Could Be Below Fair Value After A 12x Run
• Negative Sentiment: A new short-seller attack on Bloom Energy’s supply-chain claims added pressure, raising fresh questions about the company’s execution and giving bears a reason to challenge the stock’s rally. Short seller Hunterbrook attacked Bloom Energy’s supply-chain claims. BE stock is bruised, but not broken.

Insider Transactions at Bloom Energy

In related news, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares of the company’s stock, valued at $70,949,350.77. This trade represents a 18.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Maciej Kurzymski sold 2,259 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction 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 $22,998,973.32. This trade represents a 2.76% 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. In the last three months, insiders have sold 153,617 shares of company stock worth $44,003,909. Insiders own 3.00% of the company’s stock.

About Bloom Energy

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.