9,752 Shares in Bloom Energy Corporation $BE Acquired by IKE Capital LLC

IKE Capital LLC bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 9,752 shares of the company’s stock, valued at approximately $2,952,000. Bloom Energy comprises 1.5% of IKE Capital LLC’s investment portfolio, making the stock its 18th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of BE. Brooklands Fund Management Ltd bought a new stake in shares of Bloom Energy in the 4th quarter worth approximately $347,560,000. Norges Bank bought a new position in shares of Bloom Energy during the 4th quarter valued at $239,683,000. Jennison Associates LLC grew its holdings in shares of Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Bloom Energy in the 2nd quarter worth $296,413,000. Finally, Polar Capital Holdings Plc purchased a new position in Bloom Energy in the 4th quarter worth $76,234,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: S&P 500 inclusion is the clearest near-term catalyst. S&P Dow Jones Indices confirmed that Bloom Energy will join the index before the market opens on September 21. Index-tracking funds may need to purchase BE shares, potentially increasing demand and liquidity. Bloom Energy Gains 4% as S&P 500 Entry Nears
• Positive Sentiment: Bloom’s 800V DC-native fuel-cell technology is being marketed as a major AI infrastructure advantage. The company said its solution could reduce non-compute capital costs for a 1-gigawatt AI data center by $3.6 billion and lower five-year total ownership costs by $5.5 billion. The potential to provide onsite power while data centers wait for grid connections strengthens the long-term growth narrative. Bloom Energy’s 800V DC-Native Power
• Positive Sentiment: Project Phoenix provided another commercial proof point. RBC highlighted deployment of Bloom fuel cells in Aligned Data Centers’ 2-gigawatt Pennsylvania project, reinforcing expectations for substantial data-center demand. Bloom Energy Gains Another Meaningful Proof Point
• Neutral Sentiment: Technical momentum remains constructive. A chart-focused report said BE’s recovery is holding above key moving-average support and may be forming a bullish continuation pattern. However, commentary also notes that the shares have already risen sharply, increasing sensitivity to profit-taking. Bloom Energy Price Forecast
• Negative Sentiment: Several law firms publicized a securities class action and a September 28 lead-plaintiff deadline. The litigation reportedly alleges Bloom’s disclosures understated exposure to Chinese-sourced scandium and components. The allegations have not been established, but the case creates legal, reputational, and disclosure risk. Bloom Energy Securities Class Action

Bloom Energy Trading Up 4.3%

Shares of BE stock traded up $11.26 during mid-day trading on Wednesday, reaching $270.61. The stock had a trading volume of 13,264,537 shares, compared to its average volume of 12,570,566. The firm has a market capitalization of $79.70 billion, a PE ratio of 360.81, a price-to-earnings-growth ratio of 3.29 and a beta of 3.80. The stock’s 50-day moving average price is $224.39 and its two-hundred day moving average price is $227.56. 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 52-week low of $61.37 and a 52-week high of $351.28.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. During the same period in the prior year, the business posted $0.10 earnings per share. Bloom Energy’s revenue for the quarter was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities analysts expect that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on BE shares. Truist Financial cut their price target on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. UBS Group reiterated a “buy” rating and issued a $325.00 price objective on shares of Bloom Energy in a report on Monday, September 7th. Robert W. Baird reissued an “outperform” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Thursday, July 9th. Sanford C. Bernstein restated a “market perform” rating and set a $282.00 target price on shares of Bloom Energy in a report on Thursday, August 27th. Finally, Wells Fargo & Company reduced their price target on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $254.14.

Insider Activity

In related news, Director John T. Chambers sold 15,000 shares of Bloom Energy stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the sale, the director owned 208,333 shares in the company, valued at $52,083,250. The trade was a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Satish Chitoori sold 2,053 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $241.64, for a total transaction of $496,086.92. Following the transaction, the insider directly owned 205,364 shares in the company, valued at approximately $49,624,156.96. The trade was a 0.99% decrease in their ownership of the stock. 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. In the last ninety days, insiders sold 77,968 shares of company stock valued at $18,810,011. 3.00% of the stock is owned by insiders.

About Bloom Energy

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.