Bloom Energy Corporation $BE Stock Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Bloom Energy Corporation (NYSE:BE) by 33.9% during the third quarter, HoldingsChannel reports. The firm owned 40,376 shares of the company’s stock after purchasing an additional 10,216 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Bloom Energy were worth $11,183,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in BE. Kercheville Advisors LLC lifted its holdings in Bloom Energy by 69.0% in the 3rd quarter. Kercheville Advisors LLC now owns 31,712 shares of the company’s stock worth $8,784,000 after buying an additional 12,947 shares in the last quarter. Teamwork Financial Advisors LLC purchased a new position in Bloom Energy in the 3rd quarter valued at about $1,722,000. RWQ Financial Management Services Inc. purchased a new position in Bloom Energy in the 3rd quarter valued at about $3,253,000. SteelPeak Wealth LLC boosted its position in Bloom Energy by 5.6% in the 3rd quarter. SteelPeak Wealth LLC now owns 15,664 shares of the company’s stock valued at $4,339,000 after buying an additional 826 shares during the last quarter. Finally, Burns Matteson Capital Management LLC acquired a new stake in shares of Bloom Energy during the third quarter valued at about $297,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Stock Down 1.6%

Shares of NYSE:BE opened at $222.62 on Wednesday. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a fifty day simple moving average of $249.83 and a 200 day simple moving average of $248.26. The firm has a market cap of $65.57 billion, a PE ratio of 296.83, a price-to-earnings-growth ratio of 2.92 and a beta of 3.77. Bloom Energy Corporation has a 12-month low of $75.70 and a 12-month high of $351.28.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the prior year, the company posted $0.10 earnings per share. The firm’s quarterly revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts anticipate that Bloom Energy Corporation will post 2.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Monday. Robert W. Baird boosted their price target on Bloom Energy from $310.00 to $351.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. BTIG Research reissued a “buy” rating and issued a $295.00 price target on shares of Bloom Energy in a report on Wednesday, July 29th. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a report on Sunday, September 6th. Finally, Roth Capital restated a “neutral” rating and set a $260.00 price objective on shares of Bloom Energy in a research note on Tuesday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Bloom Energy has a consensus rating of “Moderate Buy” and an average target price of $260.05.

Insider Buying and Selling

In other news, insider Shawn Soderberg sold 2,870 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $270.07, for a total value of $775,100.90. Following the completion of the sale, the insider owned 126,500 shares of the company’s stock, valued at approximately $34,163,855. The trade was a 2.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,295 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total transaction of $616,023.90. Following the completion of the sale, the chief accounting officer owned 77,391 shares in the company, valued at approximately $20,773,292.22. This trade represents a 2.88% 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. In the last three months, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is currently owned by insiders.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy’s solid oxide fuel-cell business is benefiting from strong demand for on-site power at AI and cloud data centers. Projects involving Oracle and Google, along with a growing backlog and improving free cash flow, support the long-term growth story. Is AI Data Center Deals Altering The Investment Case For Bloom Energy Stock?
• Positive Sentiment: Analysts anticipate significant third-quarter growth, with consensus estimates calling for revenue of approximately $1.06 billion—roughly double the prior-year period—and adjusted earnings per share of about $0.70, versus $0.15 a year earlier. BE Stock Jumps Premarket Into Earnings Week
• Neutral Sentiment: Bloom Energy is among the AI-related companies reporting this week, keeping the stock in focus as investors evaluate whether AI infrastructure spending is translating into near-term revenue and earnings. META Earnings & 2 Other AI-Related Reports to Watch This Week
• Neutral Sentiment: Investors are looking beyond revenue and EPS to metrics such as backlog, margins, cash flow, and operating execution. These indicators could determine whether the company’s data-center expansion is sustainable. Exploring Analyst Estimates for Bloom Energy Q3 Earnings
• Negative Sentiment: The stock has slumped from earlier highs and recently reached its lowest level since early September, reflecting heightened volatility and investor caution before earnings. Bloom Energy Stock Braces for Volatility as Q3 Earnings Loom
• Negative Sentiment: Bloom Energy’s premium valuation leaves limited room for disappointment. Even strong results may not support the stock unless management delivers on data-center contracts, backlog growth, profitability, and its outlook. Bloom Energy Q3 Earnings on Deck

Bloom Energy Company 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.