E Fund Management Hong Kong Co. Ltd. Makes New Investment in Bloom Energy Corporation $BE

E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 2,507 shares of the company’s stock, valued at approximately $759,000.

A number of other hedge funds also recently modified their holdings of the business. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy in the fourth quarter worth $347,560,000. Norges Bank acquired a new position in Bloom Energy during the fourth quarter valued at $239,683,000. Jennison Associates LLC lifted its stake in 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. Amundi lifted its stake in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after acquiring an additional 2,511,426 shares in the last quarter. Finally, Man Group plc boosted its position in Bloom Energy by 177.4% during the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after acquiring an additional 1,530,167 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Insider Buying and Selling

In other Bloom Energy news, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider directly owned 163,807 shares of the company’s stock, valued at $49,202,708.59. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $205.58, for a total transaction of $3,083,700.00. Following the transaction, the director owned 223,333 shares in the company, valued at approximately $45,912,798.14. This trade represents a 6.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 92,585 shares of company stock valued at $25,996,248. 3.00% of the stock is owned by company insiders.

Bloom Energy News Roundup

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Roth Capital raised their price target on shares of Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Jefferies Financial Group set a $188.00 target price on shares of Bloom Energy in a research report on Wednesday, July 29th. Finally, Sanford C. Bernstein lifted their target price on shares of Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $246.18.

Bloom Energy Stock Down 0.4%

Shares of Bloom Energy stock opened at $236.12 on Friday. The firm has a market cap of $69.54 billion, a price-to-earnings ratio of 314.82, a P/E/G ratio of 3.24 and a beta of 3.79. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. Bloom Energy Corporation has a 52-week low of $40.56 and a 52-week high of $351.28. The stock has a 50-day simple moving average of $248.98 and a 200-day simple moving average of $214.75.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The firm’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, equities research analysts expect that Bloom Energy Corporation will post 1.93 earnings per share for the current fiscal year.

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.