SIR Capital Management L.P. Decreases Stock Holdings in Bloom Energy Corporation $BE

SIR Capital Management L.P. trimmed its holdings in Bloom Energy Corporation (NYSE:BE) by 17.9% during the fourth quarter, HoldingsChannel reports. The firm owned 11,500 shares of the company’s stock after selling 2,500 shares during the period. SIR Capital Management L.P.’s holdings in Bloom Energy were worth $999,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new position in Bloom Energy in the 4th quarter worth approximately $28,000. Hel Ved Capital Management Ltd purchased a new position in Bloom Energy in the 4th quarter worth approximately $1,377,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Bloom Energy by 73.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 720,881 shares of the company’s stock worth $62,637,000 after purchasing an additional 304,788 shares in the last quarter. Korea Investment CORP lifted its stake in Bloom Energy by 170.5% in the 4th quarter. Korea Investment CORP now owns 123,403 shares of the company’s stock worth $10,722,000 after purchasing an additional 77,785 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Bloom Energy in the 4th quarter worth approximately $9,021,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Bloom Energy

In related news, CAO Maciej Kurzymski sold 6,229 shares of Bloom Energy stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the completion of the sale, the chief accounting officer owned 81,945 shares in the company, valued at approximately $24,039,385.20. This trade represents a 7.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the completion of the sale, the director owned 238,333 shares of the company’s stock, valued at $70,949,350.77. This trade represents a 18.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 323,777 shares of company stock worth $71,485,514 in the last three months. Company insiders own 3.00% of the company’s stock.

Bloom Energy Stock Up 4.6%

BE stock opened at $260.39 on Friday. The firm has a market cap of $74.07 billion, a PE ratio of -5,206.80 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The firm’s 50 day moving average price is $246.21 and its 200-day moving average price is $171.19. Bloom Energy Corporation has a one year low of $20.93 and a one year high of $322.83.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’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 company earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, equities research analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy is being highlighted as a beneficiary of rising demand for reliable power to support AI data centers, with commentary pointing to its fuel-cell technology as a solution for grid-constrained projects and a reason traders are re-entering the name. Bloom Energy Stock Is Climbing Thursday: What’s Driving The Move?
• Positive Sentiment: Recent coverage says Bloom Energy continues to stand out in the renewable-energy group, with strong earnings performance helping support the bullish case and reinforcing its growth momentum versus peers. Renewable Energy Q1 Earnings: Bloom Energy (NYSE:BE) is the Best in the Biz
• Neutral Sentiment: Bloom Energy’s stock has already delivered an enormous multi-year gain, and one article questions whether there is still upside left after the rally, which may be encouraging some investors to reassess valuation rather than chase the stock. Bloom Energy (BE) Stock After 13x Three Year Surge Is There Still Upside Potential
• Neutral Sentiment: One bearish note downgraded Bloom Energy to hold, arguing that AI enthusiasm may be running ahead of fundamentals, which adds caution but does not point to a major business setback. Bloom Energy: AI Euphoria Meets Reality, Downgrading To Hold
• Negative Sentiment: Coverage also notes that Bloom Energy has pulled back from a recent peak, and that a paused data-center project tied to Crusoe raises a near-term reminder that some AI-power demand could be delayed even if the longer-term thesis remains intact. BE Stock Recovers After 10% Selloff: Morgan Stanley Says Crusoe Project Pause Does Not Break AI Power Thesis

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Mizuho set a $285.00 target price on shares of Bloom Energy in a research note on Friday, May 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research note on Wednesday. Wells Fargo & Company lifted their price target on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Jefferies Financial Group raised shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target on the stock in a research report on Tuesday, April 14th. Finally, BTIG Research lifted their price target on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Bloom Energy currently has an average rating of “Moderate Buy” and an average target price of $217.48.

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.