Bloom Energy Corporation $BE Stock Purchased by VestGen Advisors LLC

VestGen Advisors LLC boosted its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 175.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,286 shares of the company’s stock after acquiring an additional 8,457 shares during the quarter. VestGen Advisors LLC’s holdings in Bloom Energy were worth $3,680,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Jennison Associates LLC raised its position in shares of Bloom Energy by 20,074.4% in the 1st 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 in the last quarter. Bank of America Corp DE raised its stake in shares of Bloom Energy by 6.1% during 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in 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 last quarter. Elemental Capital Partners LLC lifted its position in Bloom Energy by 2.5% during the third quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock valued at $287,791,000 after acquiring an additional 25,625 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Bloom Energy in the second quarter valued at approximately $296,413,000. Institutional investors own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In related news, insider Aman Joshi sold 8,437 shares of the company’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 completion of the sale, the insider owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This represents a 5.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Satish Chitoori sold 2,870 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total value of $775,072.20. Following the completion of the sale, the insider directly owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. This represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 89,698 shares of company stock worth $21,780,758 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Trading Down 2.5%

Shares of NYSE:BE opened at $222.28 on Friday. Bloom Energy Corporation has a 12-month low of $75.70 and a 12-month high of $351.28. The company has a current ratio of 3.74, a quick ratio of 3.08 and a debt-to-equity ratio of 1.33. The business has a 50 day moving average of $248.16 and a two-hundred day moving average of $219.47. The company has a market capitalization of $65.47 billion, a PE ratio of 119.41, a PEG ratio of 2.36 and a beta of 3.77.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.69 by $0.25. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.07 billion. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. Bloom Energy’s quarterly revenue was up 138.1% compared to the same quarter last year. During the same period last year, the company earned $0.15 earnings per share. As a group, analysts forecast that Bloom Energy Corporation will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BE shares. BTIG Research reduced their target price on Bloom Energy from $295.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, October 23rd. Morgan Stanley upped their price target on shares of Bloom Energy from $310.00 to $335.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Zacks Research cut shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Evercore reiterated an “outperform” rating on shares of Bloom Energy in a research note on Monday. Finally, UBS Group boosted their price objective on shares of Bloom Energy from $325.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Bloom Energy currently has a consensus rating of “Hold” and an average price target of $264.33.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom reported third-quarter revenue of approximately $1.24 billion, up 138% year over year, and adjusted earnings of $0.94 per share versus analysts’ expectations of $0.69. Management raised its 2026 revenue outlook to $4.4 billion-$4.6 billion, citing surging electricity demand linked to artificial-intelligence data centers. What Did Bloom Energy’s Quarter Change For Its Stock?
• Positive Sentiment: The company plans to expand manufacturing capacity and is pursuing utility partnerships, additional AI-related contracts and carbon-capture opportunities, supporting the long-term growth narrative. Bloom Energy Q3 Earnings Call Highlights Guidance Hike & Capacity Plan
• Positive Sentiment: Analyst upgrades from Wells Fargo and other coverage prompted a gap higher and reinforced the view that Bloom could benefit from rising power demand and earnings growth. Bloom Energy Stock Jumps 7.2% on Analyst Upgrade
• Neutral Sentiment: Investor interest remains focused on whether AI-driven demand can translate into durable cash generation. Analysts continue to identify Bloom as a high-growth candidate, but its valuation leaves limited room for execution missteps. Is Bloom Energy Stock Cheap After AI Demand And Cash Flow Concerns?
• Negative Sentiment: Working-capital requirements are increasing: contract assets reached $858.6 million and receivables $634.7 million, while $306.5 million in Oracle-related customer consideration remains a key uncertainty. These issues raise questions about the timing and quality of cash flows. Bloom Energy: One Year Later, I’m Still Long
• Negative Sentiment: A separate analyst downgrade and concerns about the stock’s very elevated valuation, including a triple-digit price-to-earnings ratio, are encouraging profit-taking after its substantial multiyear advance. Bloom Energy: Buckle Up, Things Are About To Change

About Bloom Energy

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.