Bloom Energy Corporation $BE Holdings Lowered by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its stake in shares of Bloom Energy Corporation (NYSE:BE) by 3.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 64,201 shares of the company’s stock after selling 2,385 shares during the period. Commonwealth Equity Services LLC’s holdings in Bloom Energy were worth $5,578,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Hantz Financial Services Inc. raised its holdings in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares in the last quarter. WPG Advisers LLC raised its holdings in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Bloom Energy in the 3rd quarter worth approximately $32,000. McMillan Office Inc. bought a new stake in shares of Bloom Energy in the 4th quarter worth approximately $37,000. Finally, Nemes Rush Group LLC raised its holdings in shares of Bloom Energy by 40.3% in the 4th quarter. Nemes Rush Group LLC now owns 435 shares of the company’s stock worth $38,000 after purchasing an additional 125 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy continues to benefit from bullish AI infrastructure demand, including reported large-scale fuel-cell deals tied to data centers and comments that the company may be solving a major power bottleneck for AI growth. Bloom Energy’s AI Power Deals Test Valuation And Execution Expectations
• Positive Sentiment: Recent commentary also highlighted that Bloom Energy does not expect to need new capital despite the AI boom, which may reduce dilution concerns. Bloom Energy CEO sees no need to raise capital despite AI boom
• Positive Sentiment: UBS reaffirmed a Buy rating, adding to analyst optimism around Bloom Energy’s growth outlook. Is Bloom Energy (BE) One of the Best Renewable Energy Stocks to Buy According to Billionaires?
• Neutral Sentiment: Bloom Energy was mentioned in a technical piece suggesting the stock may be consolidating after a sharp run, which could simply mean it is digesting gains before its next move. Is Bloom Energy Setting Up For Its Next Move?
• Negative Sentiment: Director John Chambers sold 55,000 shares, a move that can raise caution among investors even though he still retains a large position. John Chambers Sells 55,000 Shares of Bloom Energy (NYSE:BE) Stock
• Negative Sentiment: Some traders are also fading recent optimism and taking profits after the stock’s powerful rally, contributing to short-term weakness. What’s Going On With Bloom Energy Stock Thursday?

Insider Buying and Selling at Bloom Energy

In other news, insider Satish Chitoori sold 2,111 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $288.24, for a total transaction of $608,474.64. Following the sale, the insider owned 210,254 shares in the company, valued at $60,603,612.96. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the transaction, the director directly owned 238,333 shares in the company, valued at $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 323,777 shares of company stock valued at $71,485,514 over the last three months. 3.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a report on Tuesday, April 14th. JPMorgan Chase & Co. boosted their target price on shares of Bloom Energy to $267.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. TD Cowen boosted their target price on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a report on Wednesday, April 29th. Finally, Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.48.

Bloom Energy Stock Down 9.0%

BE stock opened at $265.01 on Friday. Bloom Energy Corporation has a 52-week low of $20.81 and a 52-week high of $322.83. The company’s 50 day simple moving average is $234.12 and its 200-day simple moving average is $165.91. 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 firm has a market capitalization of $75.38 billion, a P/E ratio of -5,299.16 and a beta of 3.73.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter in the previous year, the business earned $0.03 earnings per share. The firm’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. As a group, equities research analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current year.

Bloom Energy Company 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.