13,772 Bloom Energy Corporation $BE Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its holdings in Bloom Energy Corporation (NYSE:BE) by 68.7% during the third quarter, HoldingsChannel.com reports. The firm owned 33,828 shares of the company’s stock after acquiring an additional 13,772 shares during the quarter. Kestra Advisory Services LLC’s holdings in Bloom Energy were worth $9,370,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Continuum Advisory LLC purchased a new stake in Bloom Energy in the 2nd quarter valued at about $25,000. Trifecta Capital Advisors LLC purchased a new position in Bloom Energy during the 3rd quarter worth $26,000. REAP Financial Group LLC purchased a new position in Bloom Energy during the 3rd quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. raised its position in Bloom Energy by 49.3% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after purchasing an additional 37 shares in the last quarter. Finally, Markowski Investments bought a new stake in Bloom Energy during the 2nd quarter valued at $37,000. 77.04% of the stock is currently owned by institutional investors.

Insider Activity at Bloom Energy

In other news, Director John T. Chambers sold 15,000 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the sale, the director owned 208,333 shares in the company, valued at $52,083,250. This represents a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeffrey R. Immelt sold 30,000 shares of Bloom Energy stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $238.91, for a total value of $7,167,300.00. Following the transaction, the director owned 201,243 shares of the company’s stock, valued at $48,078,965.13. The trade was a 12.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 85,859 shares of company stock worth $20,994,650 in the last ninety days. 3.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Zacks Research downgraded Bloom Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Sanford C. Bernstein boosted their price target on shares of Bloom Energy from $282.00 to $306.00 and gave the company a “market perform” rating in a report on Friday, October 23rd. Truist Financial lifted their price objective on shares of Bloom Energy from $218.00 to $240.00 and gave the company a “hold” rating in a report on Friday, October 16th. Morgan Stanley boosted their price target on Bloom Energy from $310.00 to $335.00 and gave the stock an “overweight” rating in a research report on Friday, October 23rd. Finally, Citigroup boosted their target price on shares of Bloom Energy from $281.00 to $284.00 and gave the stock a “neutral” rating in a report on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $263.05.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy reportedly signed 1.6 gigawatts of fuel-cell contracts for data centers. The company is also linked to a planned 702-megawatt Google project in Wyoming, while a California partnership is evaluating at least 1 gigawatt of fuel-cell generation with carbon capture. These projects support the company’s growth opportunity as data centers seek power. Why Bloom Energy Stock Popped Today Bloom Energy rises as investors refocus on major data-center power deals
• Positive Sentiment: RBC reaffirmed its Outperform rating and $335 price target, citing potential upside. Recent coverage also points to strong revenue growth and raised full-year guidance, though these factors have not shielded the stock from broader volatility. Bloom Energy Sank on Midterm Fears: Why RBC Sees 68% Upside
• Negative Sentiment: Investors have sold data-center and power-infrastructure stocks amid concerns about project financing, capital constraints and potential overinvestment, with post-election policy uncertainty adding to caution. Bloom’s exposure to the AI-power theme makes it vulnerable to this sector-wide pullback. GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Negative Sentiment: Other coverage flags negative free cash flow in the third quarter and a demanding valuation—more than 60 times the midpoint of projected 2026 adjusted EPS in one analysis. Those concerns may weigh on shares even as contracts and revenue grow. Is Bloom Energy Really Worth $200 Right Now? Here’s the Math.

Bloom Energy Stock Performance

Shares of BE opened at $185.36 on Wednesday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. The stock has a 50-day moving average of $245.27 and a two-hundred day moving average of $221.40. The stock has a market cap of $54.80 billion, a P/E ratio of 113.72, a P/E/G ratio of 1.96 and a beta of 3.63. Bloom Energy Corporation has a one year low of $75.70 and a one year high of $351.28.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period last year, the business posted $0.15 earnings per share. The company’s revenue for the quarter was up 138.1% compared to the same quarter last year. As a group, research analysts predict that Bloom Energy Corporation will post 2.61 EPS for the current year.

Bloom Energy Profile

Bloom Energy Corporation develops solid oxide fuel cell technology for on-site electricity generation and hydrogen production. Its Bloom Energy Server systems generate power near the point of use, helping businesses and institutions meet electricity needs and support resilient energy operations. The company also offers solid oxide electrolyzers designed to produce hydrogen. Founded in 2001 by K.R. Sridhar, Bloom Energy is headquartered in San Jose, California. It serves customers in the United States and international markets, including countries in Asia.