Capital Management Associates NY Has $2.97 Million Stake in Bloom Energy Corporation $BE

Capital Management Associates NY cut its stake in Bloom Energy Corporation (NYSE:BE) by 18.6% during the 1st quarter, HoldingsChannel reports. The fund owned 21,900 shares of the company’s stock after selling 5,000 shares during the period. Bloom Energy comprises 4.9% of Capital Management Associates NY’s portfolio, making the stock its 4th largest position. Capital Management Associates NY’s holdings in Bloom Energy were worth $2,967,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Strs Ohio increased its position in shares of Bloom Energy by 24.8% in the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after purchasing an additional 8,200 shares during the last quarter. Fortem Financial Group LLC bought a new position in shares of Bloom Energy during the fourth quarter worth about $369,000. Norges Bank bought a new position in shares of Bloom Energy during the fourth quarter worth about $239,683,000. Cidel Asset Management Inc. bought a new position in shares of Bloom Energy during the first quarter worth about $445,000. Finally, Asset Management One Co. Ltd. acquired a new position in Bloom Energy in the fourth quarter worth about $7,574,000. 77.04% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BE. UBS Group boosted their price objective on Bloom Energy from $322.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Jefferies Financial Group increased their target price on Bloom Energy from $207.00 to $246.00 and gave the stock a “hold” rating in a report on Monday, July 6th. BTIG Research lifted their target price on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Roth Capital lifted their target price on Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Bloom Energy in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $250.41.

Bloom Energy Trading Down 4.5%

Shares of NYSE:BE opened at $233.50 on Tuesday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The company’s 50-day moving average price is $282.36 and its 200 day moving average price is $199.41. The company has a market cap of $66.42 billion, a PE ratio of -4,668.97 and a beta of 3.73. Bloom Energy Corporation has a fifty-two week low of $24.04 and a fifty-two week high of $351.28.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the prior year, the firm earned $0.03 EPS. Bloom Energy’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Sell-side analysts anticipate that Bloom Energy Corporation will post 1.4 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value 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 $95,342,949. This represents a 9.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mary K. Bush sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director owned 108,524 shares in the company, valued at approximately $28,971,567.04. This represents a 18.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 178,617 shares of company stock valued at $49,632,159. 3.00% of the stock is currently owned by insiders.

Bloom Energy News Summary

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

• Positive Sentiment: UBS reiterated a Buy rating on Bloom Energy and reportedly kept a $350 price target, suggesting Wall Street believes the recent selloff may be overdone. Bloom Energy’s Biggest Selloff In Months Has Created A Wall Street Divide – Analyst Says Market May Be Overreacting
• Positive Sentiment: Several articles highlighted Bloom Energy’s role as an AI power supplier, with data-center demand and alternative power needs continuing to drive investor enthusiasm for the stock. Alternative Power Demand Drives Bloom Energy (BE) Higher
• Positive Sentiment: Coverage also noted Bloom’s expanded AI power partnership, potentially worth up to $25 billion, reinforcing the company’s long-term growth narrative. Bloom Energy Is Expanding This Key AI Power Partnership to $25 Billion. Time to Buy the Fuel Cell Stock?
• Neutral Sentiment: Commentary from Yahoo Finance and Zacks said Bloom Energy’s recent gains have been supported by strong growth forecasts, though investors remain cautious about its premium valuation. Bloom Energy Gains 12% in 3 Months: Add the Stock for More Returns?
• Neutral Sentiment: Other articles framed the pullback as a potential “buy the dip” setup, with debate centered more on valuation than on any new operational problem. UBS says ‘buy the dip’ in Bloom Energy 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.