Miller Howard Investments Inc. NY Makes New $284,000 Investment in Bloom Energy Corporation $BE

Miller Howard Investments Inc. NY bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,098 shares of the company’s stock, valued at approximately $284,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brooklands Fund Management Ltd purchased a new position in Bloom Energy during the fourth quarter valued at approximately $347,560,000. Norges Bank purchased a new stake in Bloom Energy in the 4th quarter worth approximately $239,683,000. Amundi boosted its holdings in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares during the period. Westfield Capital Management Co. LP bought a new position in Bloom Energy in the 3rd quarter valued at $141,679,000. Finally, Man Group plc grew its position in shares of Bloom Energy by 177.4% during the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after purchasing an additional 1,530,167 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.

Insider Transactions at Bloom Energy

In related news, Director Mary K. Bush sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director owned 108,524 shares in the company, valued at $28,971,567.04. The trade was a 18.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Satish Chitoori sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the completion of the sale, the insider owned 212,365 shares of the company’s stock, valued at $43,371,303.95. The trade was a 8.61% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 230,274 shares of company stock worth $58,696,472. Company insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BE. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bloom Energy in a report on Tuesday, June 9th. Jefferies Financial Group raised Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price objective for the company in a research note on Tuesday, April 14th. BTIG Research boosted their target price on Bloom Energy to $295.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Robert W. Baird upped their target price on Bloom Energy to $242.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Wells Fargo & Company raised their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Bloom Energy has a consensus rating of “Moderate Buy” and an average price target of $224.36.

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 hot AI infrastructure and data-center power play, with articles noting that rising power demand from AI builds is driving investor enthusiasm. This AI Infrastructure Stock Is Up 14X in the Last Year (Hint: It’s Not Micron)
• Positive Sentiment: Bloom Energy has been included in market commentary as one of the stocks powering the AI boom, reinforcing the idea that demand for its products is tied to a strong secular growth theme. CAT stock hits $1,000 on AI demand: Here are two other stocks powering the boom
• Neutral Sentiment: Several recent articles focus on whether Bloom Energy is now too expensive after its massive rally, suggesting valuation is becoming a bigger issue for investors even as the AI story remains intact. Is It Too Late to Buy Bloom Energy Stock After Its 1,410% Gain?
• Neutral Sentiment: Bloom Energy was also featured in roundup and investment-ideas articles, which mainly reflect ongoing market attention rather than a new business update. Zacks Investment Ideas feature highlights: Bloom, Oracle, Brookfield Asset Management, Crescent and Diversified Energy
• Negative Sentiment: Recent coverage also points to a sharp pullback after the stock’s run-up, with one report noting Bloom Energy declined more than the market, underscoring that investors may be taking profits amid the huge advance. Why Bloom Energy Stock Tumbled Today
• Negative Sentiment: Some commentary warns the stock may be priced for perfection and vulnerable to an AI-energy bubble narrative, which could weigh on sentiment if investors grow more cautious about the valuation. Famous Short-Seller Says We’re In an AI Energy Bubble. Will Bloom Energy Prove Him Wrong?

Bloom Energy Stock Performance

NYSE BE opened at $323.89 on Thursday. Bloom Energy Corporation has a 52-week low of $21.50 and a 52-week high of $349.99. 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 company has a market capitalization of $92.13 billion, a P/E ratio of -6,476.42 and a beta of 3.73. The company has a fifty day moving average of $272.16 and a 200-day moving average of $183.38.

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

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.