4,604 Shares in Bloom Energy Corporation $BE Bought by Western Wealth Management LLC

Western Wealth Management LLC acquired a new position in shares of Bloom Energy Corporation (NYSE:BE) in the first quarter, Holdings Channel reports. The firm acquired 4,604 shares of the company’s stock, valued at approximately $624,000.

Other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares in the last quarter. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy during the fourth quarter valued at about $347,560,000. Amundi boosted its holdings in shares of Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Norges Bank bought a new stake in shares of Bloom Energy in the 4th quarter valued at about $239,683,000. Finally, Jennison Associates LLC grew its position in shares of Bloom Energy by 20,074.4% in 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. Institutional investors own 77.04% of the company’s stock.

Bloom Energy News Roundup

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Bloom Energy Stock Performance

BE opened at $236.12 on Friday. The company has a market cap of $69.54 billion, a P/E ratio of 314.82, a price-to-earnings-growth ratio of 3.24 and a beta of 3.79. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The firm’s 50-day moving average price is $248.98 and its 200-day moving average price is $214.75. Bloom Energy Corporation has a 52-week low of $40.56 and a 52-week high of $351.28.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same period last year, the business earned $0.10 EPS. Bloom Energy’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities analysts anticipate that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on BE shares. Evercore reiterated an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Truist Financial lowered their target price 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. Wells Fargo & Company cut their price target on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Sanford C. Bernstein upped their price target on Bloom Energy from $276.00 to $282.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. Finally, Barclays increased their price objective on Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus price target of $246.18.

Insider Buying and Selling at Bloom Energy

In related news, CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total value of $651,992.58. Following the transaction, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at $22,998,973.32. This represents a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $205.58, for a total value of $3,083,700.00. Following the completion of the transaction, the director owned 223,333 shares of the company’s stock, valued at $45,912,798.14. This trade represents a 6.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 92,585 shares of company stock valued at $25,996,248. Company insiders own 3.00% of the company’s stock.

Bloom Energy 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.