Graticule Asia Macro Advisors LLC Makes New Investment in Bloom Energy Corporation $BE

Graticule Asia Macro Advisors LLC acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,759,305 shares of the company’s stock, valued at approximately $402,494,000. Bloom Energy makes up 91.9% of Graticule Asia Macro Advisors LLC’s investment portfolio, making the stock its biggest holding. Graticule Asia Macro Advisors LLC owned 2.03% of Bloom Energy at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Resona Asset Management Co. Ltd. bought a new position in shares of Bloom Energy during the 2nd quarter valued at $108,000. Meridian Wealth Management LLC purchased a new stake in Bloom Energy in the 3rd quarter worth approximately $553,000. Mizuho Markets Americas LLC raised its position in shares of Bloom Energy by 29.9% during the 2nd quarter. Mizuho Markets Americas LLC now owns 395,490 shares of the company’s stock valued at $9,460,000 after purchasing an additional 90,980 shares during the period. Udine Wealth Management Inc. lifted its stake in shares of Bloom Energy by 27.8% during the 3rd quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company’s stock valued at $5,325,000 after buying an additional 13,684 shares in the last quarter. Finally, Straight Path Wealth Management bought a new position in Bloom Energy in the 3rd quarter worth $1,099,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In other news, insider Satish Chitoori sold 431 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $88.12, for a total transaction of $37,979.72. Following the sale, the insider owned 229,449 shares of the company’s stock, valued at $20,219,045.88. This trade represents a 0.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Maciej Kurzymski sold 3,264 shares of Bloom Energy stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $86.48, for a total transaction of $282,270.72. Following the completion of the transaction, the insider directly owned 90,005 shares of the company’s stock, valued at $7,783,632.40. The trade was a 3.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.50% of the stock is currently owned by company insiders.

Bloom Energy Trading Up 3.7%

NYSE BE opened at $144.91 on Wednesday. Bloom Energy Corporation has a one year low of $15.15 and a one year high of $176.49. The company’s 50-day simple moving average is $123.63 and its two-hundred day simple moving average is $98.78. The company has a market capitalization of $40.65 billion, a price-to-earnings ratio of -381.34, a price-to-earnings-growth ratio of 5.78 and a beta of 3.07. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98.

Bloom Energy (NYSE:BE) last posted its earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The company had revenue of $777.68 million during the quarter, compared to analysts’ expectations of $647.59 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. Bloom Energy’s revenue for the quarter was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Equities analysts forecast that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on BE. UBS Group reaffirmed a “buy” rating and set a $170.00 price objective on shares of Bloom Energy in a report on Friday, February 6th. BTIG Research boosted their price target on shares of Bloom Energy to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, January 27th. Morgan Stanley increased their price target on Bloom Energy to $184.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Finally, HSBC upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $130.50.

Bloom Energy Profile

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.