Bloom Energy Corporation $BE Holdings Boosted by Saudi Central Bank

Saudi Central Bank raised its stake in Bloom Energy Corporation (NYSE:BE) by 127.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,899 shares of the company’s stock after acquiring an additional 10,606 shares during the period. Saudi Central Bank’s holdings in Bloom Energy were worth $5,721,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Compass Financial Management LLC bought a new stake in shares of Bloom Energy in the 2nd quarter worth approximately $639,000. NBH Bank acquired a new stake in Bloom Energy in the second quarter worth $80,000. AlphaGrep UK Ltd bought a new stake in Bloom Energy in the second quarter valued at $392,000. Shah Wealth Advisors LLC acquired a new position in shares of Bloom Energy during the second quarter valued at $4,841,000. Finally, Markowski Investments bought a new position in shares of Bloom Energy during the second quarter worth about $37,000. 77.04% of the stock is owned by institutional investors.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy is viewed as a leading candidate for inclusion in the S&P 500 during the index’s upcoming quarterly rebalancing. Investors are positioning ahead of a potential announcement after Friday’s close, with any changes expected to take effect around September 21. Inclusion could generate demand from index-tracking funds and increase the company’s visibility. Bloom Energy, Astera Rally On Hopes They Will Join S&P Friday; Who Else Could Be Added
• Positive Sentiment: Analysts and market commentators continue to highlight Bloom’s opportunity to supply electricity directly to AI data centers, which face grid-connection delays and rising power requirements. Recent commentary argues that Bloom’s behind-the-meter and distributed-generation systems may support strong revenue growth through year-end. I’m Calling It: Bloom Energy’s Revenue Guidance Will Keep Surprising Wall Street Through Year-End
• Positive Sentiment: The broader risk-on environment is supporting high-beta energy and fuel-cell shares, while Bloom is receiving particular attention because of its perceived exposure to AI-related power demand. Earlier quarterly results also showed substantial revenue growth and an earnings beat, reinforcing the bullish narrative.
• Neutral Sentiment: Vertiv’s planned acquisition of microgrid specialist UtilityInnovation Group underscores the growing importance of solving power bottlenecks for AI data centers. The transaction does not directly involve Bloom, but it may validate the market opportunity for distributed power and microgrid providers. Vertiv’s UIG Deal Targets the Next Big Constraint in AI Data Centers
• Negative Sentiment: Several law firms are soliciting investors regarding a securities class-action lawsuit covering purchases from February 27, 2025, through July 8, 2026. The lawsuit reportedly alleges Bloom understated its exposure to Chinese export controls and U.S. tariffs by misrepresenting the origin of critical materials and components. The allegations have not been proven, but the litigation and September 28 lead-plaintiff deadline could weigh on sentiment.

Analysts Set New Price Targets

Several analysts recently weighed in on BE shares. Wells Fargo & Company cut their price objective on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. BTIG Research reaffirmed a “buy” rating and set a $295.00 price target on shares of Bloom Energy in a report on Wednesday, July 29th. Susquehanna boosted their price objective on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a research report on Friday, July 10th. Sanford C. Bernstein restated a “market perform” rating and issued a $282.00 target price on shares of Bloom Energy in a research report on Thursday, August 27th. Finally, Truist Financial cut their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating on the stock in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $248.05.

Insider Activity at Bloom Energy

In related news, Director Jeffrey R. Immelt sold 30,000 shares of Bloom Energy stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the transaction, the director owned 201,243 shares of the company’s stock, valued at approximately $48,078,965.13. This trade represents a 12.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Aman Joshi sold 4,677 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $241.75, for a total value of $1,130,664.75. Following the sale, the insider owned 159,130 shares in the company, valued at approximately $38,469,677.50. The trade was a 2.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 89,464 shares of company stock worth $22,131,255. 3.00% of the stock is owned by corporate insiders.

Bloom Energy Trading Down 0.0%

Shares of Bloom Energy stock opened at $252.84 on Monday. The business has a fifty day simple moving average of $226.89 and a 200-day simple moving average of $222.35. Bloom Energy Corporation has a fifty-two week low of $52.00 and a fifty-two week high of $351.28. The firm has a market cap of $74.47 billion, a price-to-earnings ratio of 337.12, a price-to-earnings-growth ratio of 3.46 and a beta of 3.80. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the previous year, the business earned $0.10 earnings per share. Bloom Energy’s revenue for the quarter was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities analysts forecast that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

Bloom Energy Company 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.