23,102 Shares in Bloom Energy Corporation $BE Bought by OP Asset Management Ltd

OP Asset Management Ltd acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the first quarter, HoldingsChannel reports. The fund acquired 23,102 shares of the company’s stock, valued at approximately $3,130,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creekmur Asset Management LLC bought a new stake in shares of Bloom Energy in the 3rd quarter valued at approximately $1,825,000. Strs Ohio raised its position in Bloom Energy by 24.8% during the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after acquiring an additional 8,200 shares in the last quarter. Fortem Financial Group LLC acquired a new stake in Bloom Energy in the fourth quarter valued at approximately $369,000. Teachers Retirement System of The State of Kentucky acquired a new stake in Bloom Energy in the third quarter valued at approximately $1,985,000. Finally, SPX Gestao de Recursos Ltda bought a new stake in Bloom Energy in the third quarter worth approximately $1,691,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Insider Buying and Selling at Bloom Energy

In related news, insider Aman Joshi sold 10,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total value of $1,358,800.00. Following the completion of the sale, the insider owned 180,521 shares in the company, valued at approximately $24,529,193.48. This trade represents a 5.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the sale, the director directly owned 108,524 shares in the company, valued at approximately $28,971,567.04. This trade represents a 18.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 230,274 shares of company stock valued at $58,696,472 in the last three months. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on BE. Zacks Research upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Sanford C. Bernstein began coverage on shares of Bloom Energy in a report on Tuesday, June 16th. They issued a “market perform” rating and a $276.00 price objective for the company. Susquehanna upped their price objective on shares of Bloom Energy to $293.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Jefferies Financial Group raised shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a research report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. raised their target price on Bloom Energy to $267.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Two investment 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $224.36.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy continues to be viewed as a key beneficiary of rising AI data center power demand, with articles highlighting it as a solution to one of AI’s biggest infrastructure constraints. This Energy Stock Is Helping Solve AI’s Biggest Constraint
• Positive Sentiment: Bloom Energy has been described as a hot AI infrastructure stock that has surged sharply over the last year, showing strong investor enthusiasm for its fuel cell systems. This AI Infrastructure Stock Is Up 14X in the Last Year (Hint: It’s Not Micron)
• Neutral Sentiment: Bloom Energy remains a stock market favorite in broader coverage, but the headline does not add a clear new operational catalyst for the company. Bloom Energy
• Neutral Sentiment: Analysts and commentators are debating whether Bloom Energy is still a buy, with the main concern being that the stock now trades at a rich valuation after its rally. Is Bloom Energy a Buy Now?
• Negative Sentiment: Bloom Energy shares are under pressure as traders lock in gains after the recent surge to new highs, suggesting the move may be overextended in the short term. Bloom Energy Shares Are Sliding Friday: What’s Going On?
• Negative Sentiment: Market commentary notes a sharp reversal in fuel cell stocks, with Bloom Energy singled out as falling while peers diverged, reinforcing the profit-taking narrative. FuelCell Energy Rockets 24%, Bloom Energy Tumbles 14% in a Stunning Fuel Cell Divergence
• Negative Sentiment: Another report described a profit-taking reversal across fuel cell names, indicating that some of the recent enthusiasm in the sector is fading. FuelCell Energy Drops 10%, Bloom Energy Falls 7% in a Profit-Taking Reversal as Plug Power Edges Up

Bloom Energy Trading Down 16.6%

Shares of Bloom Energy stock opened at $257.80 on Friday. Bloom Energy Corporation has a 1 year low of $21.52 and a 1 year high of $351.28. The company’s fifty day simple moving average is $274.84 and its 200-day simple moving average is $185.22. The company has a market cap of $73.33 billion, a price-to-earnings ratio of -5,154.99 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

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