John G Ullman & Associates Inc. Reduces Position in Bloom Energy Corporation $BE

John G Ullman & Associates Inc. cut its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 41.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 132,775 shares of the company’s stock after selling 92,408 shares during the quarter. Bloom Energy makes up approximately 1.5% of John G Ullman & Associates Inc.’s portfolio, making the stock its 15th largest holding. John G Ullman & Associates Inc.’s holdings in Bloom Energy were worth $11,537,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. WPG Advisers LLC grew its holdings in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares during the last quarter. Orion Capital Management LLC grew its holdings in shares of Bloom Energy by 0.7% in the fourth quarter. Orion Capital Management LLC now owns 12,083 shares of the company’s stock worth $1,050,000 after purchasing an additional 83 shares during the last quarter. Ritholtz Wealth Management grew its holdings in shares of Bloom Energy by 1.5% in the fourth quarter. Ritholtz Wealth Management now owns 5,765 shares of the company’s stock worth $501,000 after purchasing an additional 87 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of Bloom Energy by 7.3% in the fourth quarter. CoreCap Advisors LLC now owns 1,295 shares of the company’s stock worth $113,000 after purchasing an additional 88 shares during the last quarter. Finally, Reliant Investment Management LLC grew its holdings in shares of Bloom Energy by 3.6% in the fourth quarter. Reliant Investment Management LLC now owns 2,556 shares of the company’s stock worth $222,000 after purchasing an additional 90 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Stock Performance

NYSE:BE opened at $277.48 on Friday. The stock has a market cap of $78.93 billion, a P/E ratio of -5,548.57 and a beta of 3.82. The firm’s fifty day simple moving average is $193.91 and its 200 day simple moving average is $149.14. Bloom Energy Corporation has a twelve month low of $17.01 and a twelve month high of $310.00. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, research analysts predict that Bloom Energy Corporation will post 1.31 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on BE. BTIG Research raised their target price on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Royal Bank Of Canada raised their target price on shares of Bloom Energy to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Barclays lifted their price target on shares of Bloom Energy to $254.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Finally, Evercore reiterated an “outperform” rating and issued a $179.00 price target on shares of Bloom Energy in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $217.48.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy is being viewed as a key beneficiary of surging AI data-center power demand, with articles highlighting strong momentum in the stock after a better-than-expected earnings report and growing demand for its on-site power systems. Article Title
• Positive Sentiment: Brokerage coverage remains supportive, with Bloom Energy carrying an average “Moderate Buy” rating, which can help reinforce bullish sentiment around the stock. Article Title
• Positive Sentiment: Coverage of Bloom Energy among the best-performing large-cap stocks year to date suggests investors continue to reward the company for its AI-power growth story. Article Title
• Neutral Sentiment: Recent commentary says Bloom Energy’s rally has been strong enough to push shares to fresh highs, but also notes the valuation is now elevated, which may limit upside if expectations cool. Article Title
• Negative Sentiment: Chief Accounting Officer Maciej Kurzymski sold 6,229 shares in a disclosed insider transaction, which may weigh on sentiment even though the sale was a small portion of his holdings. Article Title
• Negative Sentiment: One headline specifically noted Bloom Energy shares sliding Friday, suggesting some traders are taking profits after the recent surge and all-time high move. Article Title

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Shawn Marie Soderberg sold 35,000 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the completion of the transaction, the insider owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. This trade represents a 9.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Aman Joshi sold 19,944 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $154.85, for a total value of $3,088,328.40. Following the transaction, the insider directly owned 190,521 shares of the company’s stock, valued at $29,502,176.85. This represents a 9.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 521,321 shares of company stock valued at $96,830,814. 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.