Bloom Energy Corporation $BE is M.E. Allison & CO. Inc.’s 6th Largest Position

M.E. Allison & CO. Inc. reduced its stake in shares of Bloom Energy Corporation (NYSE:BE) by 15.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,195 shares of the company’s stock after selling 2,380 shares during the period. Bloom Energy makes up approximately 2.3% of M.E. Allison & CO. Inc.’s investment portfolio, making the stock its 6th biggest holding. M.E. Allison & CO. Inc.’s holdings in Bloom Energy were worth $3,994,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in BE. Blue Trust Inc. raised its stake in Bloom Energy by 37.2% in the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after acquiring an additional 51 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in Bloom Energy during the 1st quarter valued at about $27,000. WPG Advisers LLC increased its holdings in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of Bloom Energy by 45.5% in the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the period. Finally, Godsey & Gibb Inc. raised its stake in shares of Bloom Energy by 2,000.0% in the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

More Bloom Energy News

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

• Positive Sentiment: AI data-center demand is supporting Bloom Energy’s growth outlook. Data-center operators are increasingly seeking on-site power because utility-grid expansion is not keeping pace with demand. Bloom’s fuel-cell systems could benefit from this trend, while expanded project financing may help accelerate deployments. AI data-center demand article
• Positive Sentiment: Recent earnings remain a major catalyst. Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year and well above the $826.1 million analyst estimate. Earnings per share of $0.78 more than doubled the $0.39 consensus forecast. The company also issued fiscal 2026 EPS guidance of $2.55 to $2.85, reinforcing the investment case based on rapid growth and operating leverage. Bloom Energy earnings analysis
• Neutral Sentiment: Analyst sentiment is favorable but valuation remains demanding. Bloom has a consensus “Moderate Buy” rating and an average price target of $246.18, while recent targets include $282 from Bernstein, $295 from BTIG and $300 from UBS. At the same time, the stock’s high earnings multiple and elevated volatility could limit further gains if execution or growth expectations weaken. Bloom Energy analyst and market data
• Neutral Sentiment: Director John T. Chambers sold 15,000 shares worth approximately $3.08 million. The transaction reduced his direct ownership by 6.29%, although he still holds 223,333 shares. A single insider sale is not necessarily a change in the company’s outlook, but it may attract scrutiny after the stock’s substantial rally. SEC insider transaction filing
• Negative Sentiment: Several law firms are promoting a securities class action against Bloom Energy. The lawsuit alleges that Bloom and certain executives misled investors about supply-chain and materials exposure, including China-related risks, during the February 27, 2025–July 8, 2026 class period. The allegations have not been proven, but the litigation creates headline, reputational and potential financial risks. The lead-plaintiff deadline is September 28, 2026. Bloom Energy securities class action announcement

Insider Buying and Selling at Bloom Energy

In related news, insider Shawn Marie Soderberg sold 2,879 shares of Bloom Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $288.10, for a total value of $829,439.90. Following the sale, the insider owned 137,853 shares of the company’s stock, valued at approximately $39,715,449.30. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,837 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the sale, the insider directly owned 207,417 shares of the company’s stock, valued at approximately $59,966,328.87. The trade was a 1.35% 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. Over the last quarter, insiders sold 108,617 shares of company stock worth $30,648,609. 3.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on BE. Susquehanna lifted their target price on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $335.00 price target on shares of Bloom Energy in a report on Wednesday, June 10th. Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and reduced their price target for the stock from $285.00 to $242.00 in a research report on Thursday, July 30th. Evercore restated an “outperform” rating and set a $350.00 price objective on shares of Bloom Energy in a research note on Wednesday, July 1st. Finally, UBS Group dropped their price objective on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $246.18.

Bloom Energy Price Performance

NYSE:BE opened at $234.56 on Thursday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 52 week low of $35.85 and a 52 week high of $351.28. The stock’s 50-day moving average price is $256.66 and its 200-day moving average price is $211.55. The stock has a market capitalization of $66.72 billion, a PE ratio of 312.74 and a beta of 3.79.

Bloom Energy (NYSE:BE) last released its quarterly 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. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.Bloom Energy’s quarterly revenue was up 165.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

About Bloom Energy

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.