11,932 Bloom Energy Corporation $BE Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its stake in shares of Bloom Energy Corporation (NYSE:BE) by 44.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,656 shares of the company’s stock after purchasing an additional 11,932 shares during the period. Oppenheimer & Co. Inc.’s holdings in Bloom Energy were worth $10,707,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Blue Trust Inc. raised its holdings 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 purchased a new stake in shares of Bloom Energy during the second quarter valued at $25,000. Trifecta Capital Advisors LLC purchased a new stake in shares of Bloom Energy during the third quarter valued at $26,000. Anchor Investment Management LLC purchased a new stake in shares of Bloom Energy during the first quarter valued at $27,000. Finally, MJT & Associates Financial Advisory Group Inc. increased its position in shares of Bloom Energy by 49.3% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after acquiring an additional 37 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In related news, insider Satish Chitoori sold 2,870 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the transaction, the insider directly owned 202,494 shares in the company, valued at $54,685,529.64. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the completion of the sale, 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 89,698 shares of company stock valued at $21,780,758 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Stock Performance

Shares of NYSE BE opened at $218.63 on Wednesday. Bloom Energy Corporation has a 12 month low of $75.70 and a 12 month high of $351.28. The company has a 50 day simple moving average of $247.45 and a two-hundred day simple moving average of $218.49.

Bloom Energy (NYSE:BE) last released its quarterly earnings data 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. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.07 billion. The firm’s revenue was up 138.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 EPS. Equities research analysts forecast that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Wall Street Analyst Weigh In

BE has been the subject of a number of research analyst reports. Wall Street Zen lowered Bloom Energy from a “buy” rating to a “hold” rating in a research note on Saturday. Evercore reiterated an “outperform” rating on shares of Bloom Energy in a research note on Monday. Citigroup reiterated a “buy” rating on shares of Bloom Energy in a research note on Friday. Oppenheimer reissued a “market perform” rating on shares of Bloom Energy in a report on Friday. Finally, Morgan Stanley raised their price objective on Bloom Energy from $310.00 to $335.00 and gave the stock an “overweight” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned 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, Bloom Energy has a consensus rating of “Moderate Buy” and a consensus price target of $259.00.

More Bloom Energy News

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

• Positive Sentiment: Fuel-cell stocks are rallying broadly as the selloff following Bloom Energy’s third-quarter report continues to unwind. The move suggests concerns about the company’s cash flow and near-term funding needs are losing influence. Fuel Cell Stocks Rally as Post-Earnings Selloff Keeps Unwinding
• Positive Sentiment: Bloom Energy raised its 2026 guidance, reinforcing expectations for continued demand and improving operating performance. BMO set a $260 price target, while Barclays previously raised its target to $316. Bloom Energy Raises 2026 Guidance; BMO Targets $260
• Positive Sentiment: The company’s latest quarter showed explosive growth: revenue rose 138% year over year to $1.24 billion, while adjusted earnings of $0.94 per share exceeded the $0.69 consensus estimate. Investors also continue to view Bloom as a potential beneficiary of AI-related power consumption. Bloom Energy Stock Has Plunged Despite Explosive Growth

Bloom Energy Profile

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.