Purewater Capital LLC Buys 20,566 Shares of Bloom Energy Corporation $BE

Purewater Capital LLC bought a new position in Bloom Energy Corporation (NYSE:BE) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 20,566 shares of the company’s stock, valued at approximately $5,696,000. Bloom Energy makes up 4.5% of Purewater Capital LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Bloom Energy by 78.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after acquiring an additional 583,135 shares during the period. Jennison Associates LLC grew its position in shares of Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after acquiring an additional 2,673,710 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Bloom Energy by 6.1% in the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after acquiring an additional 126,649 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Bloom Energy in the 2nd quarter worth about $296,413,000. Finally, Elemental Capital Partners LLC increased its holdings in shares of Bloom Energy by 2.5% in the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock worth $287,791,000 after acquiring an additional 25,625 shares during the period. 77.04% of the stock is currently owned by institutional investors.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

Bloom Energy Trading Down 0.4%

NYSE:BE opened at $192.52 on Monday. Bloom Energy Corporation has a 1 year low of $75.70 and a 1 year high of $351.28. The stock has a market cap of $56.70 billion, a price-to-earnings ratio of 118.11, a PEG ratio of 2.50 and a beta of 3.77. The business has a fifty day moving average of $248.71 and a 200-day moving average of $249.97. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company earned $0.15 earnings per share. The company’s quarterly revenue was up 138.1% compared to the same quarter last year. Equities analysts predict that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Analysts Set New Price Targets

BE has been the subject of a number of analyst reports. Sanford C. Bernstein boosted their target price on shares of Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a research note on Friday. Citigroup restated a “buy” rating on shares of Bloom Energy in a research report on Friday. Susquehanna raised their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Oppenheimer restated a “market perform” rating on shares of Bloom Energy in a research note on Friday. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $242.00 price target on shares of Bloom Energy in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.36.

Insiders Place Their Bets

In other Bloom Energy news, insider Aman Joshi sold 8,437 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This trade represents a 5.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Soderberg sold 2,870 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $270.07, for a total transaction of $775,100.90. Following the sale, the insider owned 126,500 shares in the company, valued at $34,163,855. This trade represents a 2.22% decrease in their ownership of the stock. 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. Over the last ninety days, insiders have sold 89,698 shares of company stock valued at $21,780,758. Corporate insiders own 3.00% of the company’s stock.

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.