VestGen Advisors LLC Purchases 8,457 Shares of Bloom Energy Corporation $BE

VestGen Advisors LLC increased its stake in Bloom Energy Corporation (NYSE:BE) by 175.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,286 shares of the company’s stock after acquiring an additional 8,457 shares during the quarter. VestGen Advisors LLC’s holdings in Bloom Energy were worth $3,680,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jennison Associates LLC lifted its position in shares of Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Bloom Energy in the second quarter worth approximately $296,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Bloom Energy by 78.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after purchasing an additional 583,135 shares during the period. Bessemer Group Inc. lifted its position in Bloom Energy by 228.0% in the 1st quarter. Bessemer Group Inc. now owns 587,947 shares of the company’s stock valued at $79,660,000 after purchasing an additional 408,687 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Bloom Energy by 106.0% in the first quarter. Renaissance Technologies LLC now owns 535,900 shares of the company’s stock valued at $72,609,000 after purchasing an additional 275,700 shares during the period. 77.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BE. Jefferies Financial Group reaffirmed a “hold” rating and set a $242.00 price objective on shares of Bloom Energy in a research report on Friday, October 23rd. Truist Financial lifted their price target on shares of Bloom Energy from $218.00 to $240.00 and gave the company a “hold” rating in a research report on Friday, October 16th. UBS Group boosted their price objective on Bloom Energy from $325.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. Sanford C. Bernstein upped their target price on Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a research report on Friday, October 23rd. Finally, Morgan Stanley raised their target price on Bloom Energy from $310.00 to $335.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $264.33.

Bloom Energy Stock Down 2.5%

NYSE:BE opened at $222.28 on Friday. The firm has a market cap of $65.47 billion, a P/E ratio of 119.41, a P/E/G ratio of 2.36 and a beta of 3.77. The firm has a 50-day simple moving average of $248.16 and a two-hundred day simple moving average of $219.47. Bloom Energy Corporation has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74.

Bloom Energy (NYSE:BE) last announced its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business’s revenue for the quarter was up 138.1% on a year-over-year basis. Analysts predict that Bloom Energy Corporation will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Shawn Soderberg sold 2,895 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the sale, the insider directly owned 129,370 shares in the company, valued at approximately $30,220,832. This represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,437 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $277.17, for a total value of $2,338,483.29. Following the transaction, the insider owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. The trade was a 5.42% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 89,698 shares of company stock valued at $21,780,758. 3.00% of the stock is currently owned by corporate insiders.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom reported third-quarter revenue of approximately $1.24 billion, up 138% year over year, and adjusted earnings of $0.94 per share versus analysts’ expectations of $0.69. Management raised its 2026 revenue outlook to $4.4 billion-$4.6 billion, citing surging electricity demand linked to artificial-intelligence data centers. What Did Bloom Energy’s Quarter Change For Its Stock?
• Positive Sentiment: The company plans to expand manufacturing capacity and is pursuing utility partnerships, additional AI-related contracts and carbon-capture opportunities, supporting the long-term growth narrative. Bloom Energy Q3 Earnings Call Highlights Guidance Hike & Capacity Plan
• Positive Sentiment: Analyst upgrades from Wells Fargo and other coverage prompted a gap higher and reinforced the view that Bloom could benefit from rising power demand and earnings growth. Bloom Energy Stock Jumps 7.2% on Analyst Upgrade
• Neutral Sentiment: Investor interest remains focused on whether AI-driven demand can translate into durable cash generation. Analysts continue to identify Bloom as a high-growth candidate, but its valuation leaves limited room for execution missteps. Is Bloom Energy Stock Cheap After AI Demand And Cash Flow Concerns?
• Negative Sentiment: Working-capital requirements are increasing: contract assets reached $858.6 million and receivables $634.7 million, while $306.5 million in Oracle-related customer consideration remains a key uncertainty. These issues raise questions about the timing and quality of cash flows. Bloom Energy: One Year Later, I’m Still Long
• Negative Sentiment: A separate analyst downgrade and concerns about the stock’s very elevated valuation, including a triple-digit price-to-earnings ratio, are encouraging profit-taking after its substantial multiyear advance. Bloom Energy: Buckle Up, Things Are About To Change

Bloom Energy Company Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.