Western Wealth Management LLC Takes $624,000 Position in Bloom Energy Corporation $BE

Western Wealth Management LLC acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the first quarter, HoldingsChannel reports. The fund acquired 4,604 shares of the company’s stock, valued at approximately $624,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bayforest Capital Ltd bought a new position in Bloom Energy in the first quarter worth about $2,055,000. AQR Capital Management LLC acquired a new position in Bloom Energy in the first quarter valued at approximately $1,820,000. NewEdge Advisors LLC grew its holdings in shares of Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after purchasing an additional 1,626 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after purchasing an additional 836,810 shares during the last quarter. Finally, Focus Partners Wealth raised its position in shares of Bloom Energy by 30.7% during the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock worth $394,000 after purchasing an additional 4,716 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Insider Activity at Bloom Energy

In other Bloom Energy news, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction dated 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 owned 238,333 shares of the company’s stock, valued at approximately $70,949,350.77. This trade represents a 18.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mary K. Bush sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the sale, the director owned 108,524 shares in the company, valued at $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 118,617 shares of company stock worth $34,238,909 in the last ninety days. 3.00% of the stock is currently owned by corporate insiders.

Bloom Energy Stock Performance

BE opened at $219.22 on Tuesday. The business’s 50 day moving average is $259.34 and its 200-day moving average is $210.21. The stock has a market cap of $62.35 billion, a PE ratio of 292.29 and a beta of 3.79. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a twelve month low of $35.00 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $826.13 million. During the same period in the previous year, the firm posted $0.10 earnings per share. The business’s 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, analysts predict that Bloom Energy Corporation will post 1.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BE. Zacks Research raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Citigroup restated a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. Truist Financial dropped their target price on Bloom Energy from $250.00 to $218.00 and set a “hold” rating on the stock in a research report on Wednesday, July 29th. Sanford C. Bernstein raised their target price on Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley reissued an “overweight” rating and set a $310.00 price target on shares of Bloom Energy in a report on Wednesday, April 29th. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy presently has an average rating of “Moderate Buy” and a consensus price target of $246.18.

Key Bloom Energy News

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

• Positive Sentiment: Analysts and financial commentators continue to highlight Bloom Energy’s long-term growth potential from rising demand for data-center and AI power. Recent coverage points to strong revenue growth, improving operating leverage, and a strategic investment plan with Brookfield. Bloom’s latest quarterly results also exceeded expectations, with revenue up sharply year over year and full-year guidance raised. Bloom Energy: Impressive Growth And Operating Leverage Create A Better Set-Up
• Neutral Sentiment: The recent decline is being described as a post-earnings reset rather than a deterioration in the reported quarter. Traders are digesting the strong results and raised guidance while reassessing expectations after the stock’s substantial run-up. Commentary remains divided: some view the pullback as a buying opportunity, while others recommend waiting for a more attractive entry point because of volatility and elevated valuation. Bloom Energy Stock Dips Monday: What’s Driving the Post-Earnings Reset?
• Negative Sentiment: Wells Fargo reportedly lowered its Bloom Energy price target to $176, reinforcing concerns that the shares may be priced ahead of near-term fundamentals. With the stock’s high beta and premium earnings multiple, further estimate or target-price reductions could increase volatility. Wells Fargo Cuts Bloom Energy Price Target
• Negative Sentiment: Several law firms are promoting a securities class action against Bloom Energy and certain executives, alleging investors were misled between February 27, 2025, and July 8, 2026. The lead-plaintiff deadline is September 28, 2026. The announcements do not establish wrongdoing, but the litigation creates a legal and reputational overhang. Rosen Bloom Energy Securities Class Action Notice

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.