Taikang Asset Management Hong Kong Co Ltd Decreases Stock Holdings in Bloom Energy Corporation $BE

Taikang Asset Management Hong Kong Co Ltd reduced its position in Bloom Energy Corporation (NYSE:BE) by 37.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,235 shares of the company’s stock after selling 12,094 shares during the period. Taikang Asset Management Hong Kong Co Ltd’s holdings in Bloom Energy were worth $1,758,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of BE. WPG Advisers LLC lifted its position in Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Bloom Energy during the fourth quarter worth $28,000. Fifth Third Bancorp purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $32,000. Finally, McMillan Office Inc. purchased a new stake in shares of Bloom Energy during the 4th quarter valued at $37,000. Institutional investors own 77.04% of the company’s stock.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom Energy’s latest data center report reinforced that power shortages are a major bottleneck for AI infrastructure, supporting demand for its fuel-cell and clean-power systems. AI Data Center Growth Hinges on Solving Both Power Constraints and Community Concerns, Bloom Energy Report Finds
• Positive Sentiment: Analysts and market write-ups pointed to BE’s strong 2026 surge and ongoing AI data center demand as reasons investors may continue paying up for the stock. Bloom Energy Trades at a Premium: How to Play the Stock
• Neutral Sentiment: Bloom Energy was noted as outperforming the broader market in the latest session, with shares settling higher even as the overall market fell. Bloom Energy (BE) Ascends While Market Falls: Some Facts to Note

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Susquehanna boosted their target price on Bloom Energy to $293.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Jefferies Financial Group upgraded Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 price target for the company in a research note on Tuesday, April 14th. Barclays raised their price target on Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a report on Friday, May 1st. Finally, TD Cowen increased their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.14.

Bloom Energy Stock Performance

Shares of BE stock opened at $281.60 on Wednesday. The business has a fifty day moving average of $251.91 and a 200 day moving average of $174.26. Bloom Energy Corporation has a 1 year low of $20.93 and a 1 year high of $322.83. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The firm has a market capitalization of $80.10 billion, a price-to-earnings ratio of -5,630.91 and a beta of 3.73.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the previous year, the business earned $0.03 EPS. The company’s quarterly revenue was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, research analysts expect that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,111 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $288.24, for a total transaction of $608,474.64. Following the completion of the sale, the insider directly owned 210,254 shares in the company, valued at approximately $60,603,612.96. The trade was a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 6,229 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the completion of the sale, the chief accounting officer directly owned 81,945 shares in the company, valued at $24,039,385.20. This trade represents a 7.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 234,188 shares of company stock valued at $57,693,971 over the last quarter. Company insiders own 3.00% of the company’s stock.

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.