Purewater Capital LLC Acquires New Stake in Bloom Energy Corporation $BE

Purewater Capital LLC bought a new stake in Bloom Energy Corporation (NYSE:BE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 20,566 shares of the company’s stock, valued at approximately $5,696,000. Bloom Energy makes up approximately 4.5% of Purewater Capital LLC’s investment portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the last quarter. Continuum Advisory LLC bought a new position in Bloom Energy during the 2nd quarter valued at $25,000. Trifecta Capital Advisors LLC bought a new position in Bloom Energy during the 3rd quarter valued at $26,000. Anchor Investment Management LLC bought a new position in Bloom Energy during the 1st quarter valued at $27,000. Finally, MJT & Associates Financial Advisory Group Inc. grew its holdings in Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after acquiring an additional 37 shares in the last quarter. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Stock Performance

Bloom Energy stock opened at $192.52 on Monday. The company has a market cap of $56.70 billion, a PE ratio of 118.11, a P/E/G ratio of 2.50 and a beta of 3.77. The company has a fifty day moving average price of $248.71 and a two-hundred day moving average price of $249.97. 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 12 month low of $75.70 and a 12 month high of $351.28.

Bloom Energy (NYSE:BE) last issued its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the company earned $0.15 earnings per share. The firm’s revenue was up 138.1% compared to the same quarter last year. Research analysts expect that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on BE shares. KeyCorp reissued a “sector weight” rating on shares of Bloom Energy in a research report on Friday. Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a research note on Friday. BMO Capital Markets reaffirmed an “outperform” rating and set a $260.00 price target on shares of Bloom Energy in a research report on Wednesday. Citigroup reiterated a “buy” rating on shares of Bloom Energy in a research note on Friday. Finally, Evercore reiterated an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.36.

Insider Buying and Selling at Bloom Energy

In related news, insider Satish Chitoori sold 2,870 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the sale, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jeffrey Immelt sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total transaction of $7,167,300.00. Following the completion of the transaction, the director directly owned 201,243 shares in the company, valued at $48,078,965.13. This represents a 12.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by company insiders.

About Bloom Energy

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.