Light Street Capital Management LLC Increases Stock Holdings in Bloom Energy Corporation $BE

Light Street Capital Management LLC grew its stake in Bloom Energy Corporation (NYSE:BE) by 66.3% during the second quarter, HoldingsChannel reports. The firm owned 84,167 shares of the company’s stock after purchasing an additional 33,542 shares during the quarter. Bloom Energy comprises approximately 2.8% of Light Street Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Light Street Capital Management LLC’s holdings in Bloom Energy were worth $25,477,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of BE. California State Teachers Retirement System increased its stake in Bloom Energy by 39,637.2% in the 2nd quarter. California State Teachers Retirement System now owns 123,526,724 shares of the company’s stock valued at $37,391,539,000 after buying an additional 123,215,865 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after acquiring an additional 269,662 shares in the last quarter. Brooklands Fund Management Ltd acquired a new position in shares of Bloom Energy during the fourth quarter worth about $347,560,000. Amundi raised its holdings in Bloom Energy by 390.7% during 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 in the last quarter. Finally, Norges Bank acquired a new stake in Bloom Energy in the fourth quarter valued at about $239,683,000. 77.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on BE. JPMorgan Chase & Co. dropped their target price on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Evercore reiterated an “outperform” rating on shares of Bloom Energy in a research report on Friday, August 7th. Jefferies Financial Group raised their target price on Bloom Energy from $188.00 to $229.00 and gave the company a “hold” rating in a report on Friday, August 14th. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, Truist Financial reduced their price objective on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and a consensus target price of $249.18.

Bloom Energy Price Performance

Shares of BE stock traded up $23.23 during trading hours on Tuesday, hitting $276.10. The company’s stock had a trading volume of 27,410,887 shares, compared to its average volume of 12,565,846. 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 business has a fifty day moving average of $226.44 and a 200-day moving average of $223.11. Bloom Energy Corporation has a twelve month low of $52.00 and a twelve month high of $351.28. The stock has a market cap of $81.32 billion, a price-to-earnings ratio of 368.13, a P/E/G ratio of 3.46 and a beta of 3.80.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.Bloom Energy’s revenue was up 165.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities research analysts anticipate that Bloom Energy Corporation will post 1.92 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $233.60, for a total value of $676,272.00. Following the transaction, the insider directly owned 129,370 shares in the company, valued at approximately $30,220,832. This represents a 2.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 4,677 shares of Bloom Energy stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $241.75, for a total transaction of $1,130,664.75. Following the sale, the insider owned 159,130 shares of the company’s stock, valued at approximately $38,469,677.50. This trade represents a 2.86% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 89,464 shares of company stock valued at $22,131,255. 3.00% of the stock is owned by company insiders.

Key Bloom Energy News

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

• Positive Sentiment: S&P 500 inclusion is driving expected index-fund buying. Bloom Energy will enter the benchmark before the market opens on September 21, replacing Trade Desk in the quarterly reshuffle. The addition is expected to create forced purchases by index-tracking funds, increase visibility and potentially broaden the shareholder base. Bloom Energy Rallies on News of S&P 500 Addition
• Positive Sentiment: AI-related power demand remains a major growth catalyst. Analysts and financial publications highlighted Bloom’s fuel-cell systems as a fast, scalable, lower-pollution power option for hyperscale data centers, where electricity demand is rising sharply. Recent coverage cited record second-quarter revenue above $1 billion, 165.5% year-over-year growth, strong margins and improved full-year guidance. Bloom Energy Could See An AI-Memory-Style Frenzy
• Positive Sentiment: Improving earnings expectations are supporting bullish views. Coverage points to a roughly 20% one-month rally, rising EPS estimates and Bloom’s strong recent operating performance. Some analysts believe S&P 500 inclusion and AI infrastructure demand could provide additional upside.
• Neutral Sentiment: Valuation is becoming a key debate. Bloom Energy has risen substantially over the past year and now trades at a premium valuation. Commentators question whether the company’s recent growth represents a sustainable launchpad or whether much of the AI opportunity is already reflected in the stock price. Bloom Energy is Fully Priced
• Negative Sentiment: Multiple law firms are promoting a securities class action against Bloom. The lawsuits and investor alerts allege that the company misled investors about having no China-related supply chain, including alleged reliance on intermediaries sourcing scandium from China. Investors who acquired shares between February 27, 2025, and July 8, 2026, are being reminded of the September 28, 2026 lead-plaintiff deadline. These are allegations, and the legal outcome remains uncertain.

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.