Bloom Energy Corporation $BE is Navellier & Associates Inc.’s 3rd Largest Position

Navellier & Associates Inc. grew its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 9.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 140,850 shares of the company’s stock after buying an additional 12,125 shares during the period. Bloom Energy accounts for 3.4% of Navellier & Associates Inc.’s portfolio, making the stock its 3rd biggest position. Navellier & Associates Inc.’s holdings in Bloom Energy were worth $42,635,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Blue Trust Inc. increased its position in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the period. Anchor Investment Management LLC purchased a new stake in shares of Bloom Energy in the 1st quarter worth about $27,000. Hantz Financial Services Inc. boosted its stake in shares of Bloom Energy by 45.5% during the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares in the last quarter. Godsey & Gibb Inc. boosted its stake in shares of Bloom Energy by 2,000.0% during the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Bloom Energy during the 4th quarter valued at about $28,000. Institutional investors own 77.04% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Wall Street Zen cut Bloom Energy from a “buy” rating to a “hold” rating in a research report on Saturday. Truist Financial decreased their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research report on Wednesday, June 10th. Finally, Susquehanna raised their target price on Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus target price of $248.05.

Bloom Energy Price Performance

BE opened at $209.37 on Friday. The stock has a market capitalization of $61.67 billion, a P/E ratio of 279.16, a P/E/G ratio of 2.98 and a beta of 3.79. The company’s 50-day simple moving average is $235.51 and its two-hundred day simple moving average is $219.07. Bloom Energy Corporation has a 52-week low of $48.87 and a 52-week high of $351.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the prior year, the company earned $0.10 earnings per share. Bloom Energy’s revenue 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, analysts predict that Bloom Energy Corporation will post 1.92 EPS for the current year.

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 2,895 shares of Bloom Energy stock in a transaction on Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the transaction, the insider directly owned 129,370 shares in the company, valued at approximately $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 8,343 shares of Bloom Energy stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the transaction, the insider directly owned 163,807 shares in the company, valued at $49,202,708.59. This represents a 4.85% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 89,464 shares of company stock worth $22,131,255. Insiders own 3.00% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy’s Backlog Will Top $50 Billion Before Year’s End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

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.