Kornitzer Capital Management Inc. KS Boosts Stock Position in Bloom Energy Corporation $BE

Kornitzer Capital Management Inc. KS lifted its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 14.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,745 shares of the company’s stock after buying an additional 3,350 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Bloom Energy were worth $3,624,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Brooklands Fund Management Ltd purchased a new stake in Bloom Energy in the 4th quarter worth $347,560,000. Norges Bank purchased a new position in Bloom Energy during the fourth quarter valued at $239,683,000. Amundi lifted its holdings in Bloom Energy by 390.7% during the fourth 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 in the last quarter. Man Group plc grew its position in shares of Bloom Energy by 177.4% in the second 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 during the period. Finally, Wellington Management Group LLP acquired a new stake in shares of Bloom Energy in the third quarter valued at about $98,444,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Price Performance

Shares of NYSE:BE traded down $12.14 during midday trading on Friday, hitting $244.88. The company had a trading volume of 14,800,589 shares, compared to its average volume of 13,844,773. Bloom Energy Corporation has a twelve month low of $24.04 and a twelve month high of $351.28. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The stock has a market cap of $69.65 billion, a price-to-earnings ratio of -4,896.60 and a beta of 3.73. The business’s 50-day simple moving average is $283.35 and its 200-day simple moving average is $197.67.

Bloom Energy (NYSE:BE) last announced 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. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the previous year, the company posted $0.03 EPS. The company’s revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, research analysts predict that Bloom Energy Corporation will post 1.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BE. UBS Group upped their price target on shares of Bloom Energy from $322.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. Susquehanna increased their target price on Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday. Royal Bank Of Canada restated an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research report on Wednesday, June 10th. Finally, TD Cowen boosted their price target on Bloom Energy to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $242.14.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy continues to get support from Wall Street, with Susquehanna raising its price target to $298 and keeping a positive rating, while Robert W. Baird reaffirmed an outperform rating with a $310 target. Benzinga
• Positive Sentiment: Management has pushed back on the short report, saying it “categorically rejects” claims about supply-chain and scandium sourcing issues, which helped the stock rebound briefly yesterday. Yahoo Finance
• Neutral Sentiment: The stock has had an enormous AI-power rally over the past year, so some of today’s weakness may reflect profit-taking after a 1,000%+ run rather than a change in the company’s long-term story. 24/7 Wall St.
• Neutral Sentiment: Bloom Energy’s stock has also drawn multiple securities-fraud investigations, which keeps uncertainty elevated even though these are not operating results. Business Wire
• Negative Sentiment: Short-seller allegations about scandium and supply-chain exposure are pressuring sentiment, with one report saying Bloom relies on critical minerals tied to China. Yahoo Finance
• Negative Sentiment: Fuel-cell stocks are broadly unwinding part of their massive 2026 gains, adding sector-wide selling pressure on BE. 24/7 Wall St.
• Negative Sentiment: Bloom Energy has now retreated sharply from its recent high, with traders questioning whether the stock’s valuation can be justified ahead of earnings. Invezz

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,837 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total value of $820,205.07. Following the sale, the insider owned 207,417 shares in the company, valued at $59,966,328.87. The trade was a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,259 shares of Bloom Energy stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the sale, the chief accounting officer owned 79,686 shares in the company, valued at $22,998,973.32. This represents a 2.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 228,617 shares of company stock valued at $59,843,659 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

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.