Bloom Energy Corporation $BE Shares Purchased by Straight Path Wealth Management

Straight Path Wealth Management grew its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 112.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,701 shares of the company’s stock after purchasing an additional 6,201 shares during the period. Bloom Energy makes up 0.7% of Straight Path Wealth Management’s portfolio, making the stock its 22nd biggest holding. Straight Path Wealth Management’s holdings in Bloom Energy were worth $3,241,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BE. Robeco Schweiz AG grew its position in Bloom Energy by 17.4% in the third quarter. Robeco Schweiz AG now owns 371,725 shares of the company’s stock worth $102,960,000 after buying an additional 55,088 shares during the last quarter. Signaturefd LLC lifted its position in shares of Bloom Energy by 18.1% during the 3rd quarter. Signaturefd LLC now owns 3,446 shares of the company’s stock valued at $955,000 after acquiring an additional 527 shares during the last quarter. Simplicity Wealth LLC lifted its position in shares of Bloom Energy by 36.4% during the 3rd quarter. Simplicity Wealth LLC now owns 1,938 shares of the company’s stock valued at $537,000 after acquiring an additional 517 shares during the last quarter. Vima LLC lifted its position in shares of Bloom Energy by 521.5% during the 3rd quarter. Vima LLC now owns 4,860 shares of the company’s stock valued at $1,346,000 after acquiring an additional 4,078 shares during the last quarter. Finally, Ascent Wealth Partners LLC acquired a new stake in shares of Bloom Energy during the 3rd quarter valued at $249,000. Institutional investors own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 8,437 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider directly owned 147,092 shares in the company, valued at $40,769,489.64. This trade represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Satish Chitoori sold 2,870 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total value of $775,072.20. Following the transaction, the insider directly owned 202,494 shares in the company, valued at approximately $54,685,529.64. This represents a 1.40% decrease in their position. 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 have sold 89,698 shares of company stock worth $21,780,758 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BE. Mizuho upped their target price on Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a report on Monday, September 14th. Jefferies Financial Group reissued a “hold” rating and issued a $242.00 price target on shares of Bloom Energy in a research note on Friday. Barclays boosted their price objective on Bloom Energy from $276.00 to $308.00 and gave the stock an “equal weight” rating in a report on Thursday, October 1st. Wells Fargo & Company reduced their price objective on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $258.36.

Bloom Energy Trading Down 0.4%

Shares of NYSE:BE opened at $192.52 on Monday. The firm has a fifty day moving average of $248.71 and a two-hundred day moving average of $249.97. The firm has a market capitalization of $56.70 billion, a P/E ratio of 118.11, a price-to-earnings-growth ratio of 2.50 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. The company has a quick ratio of 3.08, a current ratio of 3.74 and a debt-to-equity ratio of 1.33.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter last year, the firm earned $0.15 earnings per share. The business’s revenue for the quarter was up 138.1% on a year-over-year basis. On average, equities analysts expect that Bloom Energy Corporation will post 2.04 EPS for the current fiscal year.

Bloom Energy Profile

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.