24,370 Bloom Energy Corporation $BE Shares Sold by Q Fund Management Hong Kong Ltd

Q Fund Management Hong Kong Ltd decreased its holdings in Bloom Energy Corporation (NYSE:BE) by 89.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,930 shares of the company’s stock after selling 24,370 shares during the period. Bloom Energy comprises approximately 0.7% of Q Fund Management Hong Kong Ltd’s investment portfolio, making the stock its 18th biggest holding. Q Fund Management Hong Kong Ltd’s holdings in Bloom Energy were worth $812,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BE. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy in the fourth quarter valued at approximately $347,560,000. Jennison Associates LLC increased 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 worth $364,066,000 after acquiring an additional 2,673,710 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Bloom Energy by 6.1% during the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after acquiring an additional 126,649 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Bloom Energy by 78.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after acquiring an additional 583,135 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Bloom Energy in the 2nd quarter valued at $296,413,000. Institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

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

• Positive Sentiment: Bloom’s recent profitability, sharply higher revenue, and repeated guidance increases are supporting the bullish case. Investors are watching for another earnings beat and raised outlook, particularly as demand for onsite power from data centers and industrial customers expands. I’m Not Selling Bloom Energy Before Earnings
• Positive Sentiment: Some analysts and commentators argue that Bloom’s fuel-cell systems could benefit substantially from rising electricity needs tied to artificial intelligence infrastructure. One bullish scenario suggests the stock could continue advancing if Bloom scales production and maintains strong margins. The Bloom Energy Bull Case Just Got a Lot More Interesting
• Neutral Sentiment: Bloom Energy will report third-quarter 2026 results after the market closes on October 22, followed by a management conference call. The announcement gives investors a near-term catalyst, with expectations focused on revenue growth, margins, cash flow, and updated full-year guidance. Bloom Energy to Announce Third Quarter 2026 Financial Results
• Neutral Sentiment: Recent comparisons with NextEra Energy and Vertiv frame BE as a higher-growth but higher-risk AI infrastructure investment, rather than a stable utility or established infrastructure company. Analysts’ average price target is approximately $258, close to the current trading range, suggesting limited consensus upside. Bloom Energy Average Target Price
• Negative Sentiment: Valuation remains the main pressure on the stock. Commentary notes that even a substantial increase in output may not justify the current premium, while the high price-to-earnings multiple leaves BE vulnerable to profit-taking if growth or margins disappoint. Bloom Energy Even Doubling Output Leaves the Stock Overvalued
• Negative Sentiment: The shares have experienced large pullbacks despite strong revenue growth, highlighting elevated volatility. The latest weakness appears tied to investors reassessing the stock’s rich valuation ahead of earnings, rather than a newly reported deterioration in Bloom’s business. Bloom Energy Stock Is Falling Tuesday

Analyst Ratings Changes

Several brokerages have issued reports on BE. Truist Financial cut their price target on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday, July 29th. BTIG Research reaffirmed a “buy” rating and set a $295.00 price objective on shares of Bloom Energy in a research report on Wednesday, July 29th. Jefferies Financial Group upped their price objective on shares of Bloom Energy from $229.00 to $264.00 and gave the company a “hold” rating in a report on Tuesday, September 29th. TD Cowen upgraded shares of Bloom Energy to a “hold” rating in a report on Monday, October 5th. Finally, Citigroup reissued a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $257.18.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director Jeffrey R. Immelt sold 30,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the transaction, the director directly owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This represents a 12.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Maciej Kurzymski sold 2,295 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the transaction, the chief accounting officer directly owned 77,391 shares in the company, valued at approximately $20,773,292.22. This represents a 2.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 89,698 shares of company stock worth $21,780,758 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Bloom Energy Trading Up 0.4%

Shares of BE stock opened at $263.38 on Wednesday. The firm has a 50 day moving average price of $249.02 and a two-hundred day moving average price of $244.80. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $77.57 billion, a PE ratio of 351.17, a price-to-earnings-growth ratio of 3.38 and a beta of 3.77. Bloom Energy Corporation has a 12-month low of $75.70 and a 12-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 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 company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. During the same quarter in the previous year, the company 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. As a group, analysts predict that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

About Bloom Energy

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.