Oregon Public Employees Retirement Fund Buys New Holdings in Bloom Energy Corporation $BE

Oregon Public Employees Retirement Fund bought a new position in Bloom Energy Corporation (NYSE:BE) in the third quarter, HoldingsChannel.com reports. The fund bought 36,200 shares of the company’s stock, valued at approximately $10,027,000.

A number of other hedge funds have also added to or reduced their stakes in BE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Bloom Energy by 78.3% in the 2nd 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 buying an additional 583,135 shares during the last quarter. Jennison Associates LLC increased its position in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after acquiring an additional 2,673,710 shares during the last quarter. Bank of America Corp DE increased its position in Bloom Energy by 6.1% during the first quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after acquiring an additional 126,649 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Bloom Energy in the second quarter valued at about $296,413,000. Finally, Elemental Capital Partners LLC lifted its stake in shares of Bloom Energy by 2.5% in the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock worth $287,791,000 after purchasing an additional 25,625 shares during the period. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom reported Q3 revenue of $1.24 billion, up 138% year over year, and EPS of $0.94, beating estimates. It has raised its 2026 revenue outlook three times to $4.4–$4.6 billion; Q4 guidance calls for $1.35–$1.55 billion. Bloom Energy’s New Guidance
• Positive Sentiment: Bloom and California Resources signed a non-binding MOU to evaluate at least 1 gigawatt of fuel-cell power paired with carbon capture in California. The potential utility, data-center and industrial applications add to Bloom’s opportunity, though the agreement is not yet a firm order. California Resources collaboration announcement
• Positive Sentiment: Barclays upgraded BE to Overweight, citing demand for on-site power as AI data centers face grid constraints. Its $289 target was lowered from $316 but remains supportive of the long-term demand story. Bloom Energy Stock Upgrade
• Neutral Sentiment: Director John Chambers sold 8,828 shares, worth about $1.8 million, but retained 199,505 shares after the sale. Insider transaction report
• Negative Sentiment: A Seeking Alpha analyst downgraded Bloom to Hold with a $176 target, citing negative AI-sector sentiment and uncertainty about further margin expansion despite the strong quarter. Other coverage also flagged working-capital demands on cash flow. The shares’ sharp prior run-up and elevated valuation may heighten sensitivity to delays converting backlog and proposed projects into revenue. Bloom Energy downgrade analysis

Bloom Energy Stock Performance

NYSE BE opened at $199.62 on Thursday. The stock has a market capitalization of $59.02 billion, a PE ratio of 122.47, a P/E/G ratio of 2.16 and a beta of 3.63. The business has a 50 day simple moving average of $247.91 and a two-hundred day simple moving average of $220.78. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. Bloom Energy Corporation has a 1-year low of $75.70 and a 1-year high of $351.28.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.07 billion. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company’s revenue was up 138.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS. On average, research analysts predict that Bloom Energy Corporation will post 2.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wells Fargo & Company raised their target price on Bloom Energy from $176.00 to $182.00 and gave the stock an “equal weight” rating in a report on Monday, October 26th. Barclays raised shares of Bloom Energy from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $316.00 to $289.00 in a report on Tuesday. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a research report on Friday, October 23rd. Robert W. Baird raised their target price on shares of Bloom Energy from $310.00 to $351.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. Finally, Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $263.05.

Insider Buying and Selling

In related news, insider Satish Chitoori sold 2,870 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total value of $775,072.20. Following the sale, the insider owned 202,494 shares in the company, valued at approximately $54,685,529.64. The trade was a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John Chambers sold 8,828 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $203.43, for a total transaction of $1,795,880.04. Following the sale, the director directly owned 199,505 shares in the company, valued at approximately $40,585,302.15. The trade was a 4.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 83,526 shares of company stock valued at $20,492,938 in the last three months. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy 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.