Sigma Planning Corp Takes Position in Bloom Energy Corporation $BE

Sigma Planning Corp purchased a new position in Bloom Energy Corporation (NYSE:BE) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,834 shares of the company’s stock, valued at approximately $3,229,000.

Several other institutional investors have also recently made changes to their positions in BE. Hillsdale Investment Management Inc. purchased a new stake in shares of Bloom Energy in the first quarter worth $293,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Bloom Energy by 10.4% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,703 shares of the company’s stock worth $908,000 after buying an additional 634 shares in the last quarter. Principal Financial Group Inc. grew its position in Bloom Energy by 15.9% during the first quarter. Principal Financial Group Inc. now owns 49,531 shares of the company’s stock worth $6,711,000 after buying an additional 6,810 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in Bloom Energy by 8.5% in the 1st quarter. Chicago Partners Investment Group LLC now owns 4,450 shares of the company’s stock worth $603,000 after acquiring an additional 348 shares during the last quarter. Finally, Triglav Investments D.O.O. raised its holdings in shares of Bloom Energy by 16.6% in the 1st quarter. Triglav Investments D.O.O. now owns 2,216 shares of the company’s stock valued at $300,000 after acquiring an additional 316 shares in the last quarter. Institutional investors own 77.04% of the company’s stock.

Bloom Energy News Roundup

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

• Positive Sentiment: Bloom Energy is being highlighted as a key beneficiary of the AI data center boom, with multiple articles pointing to rising electricity demand, grid constraints, and the need for alternative power solutions. Buy 3 High-Flying Alternative Energy Stocks to Tap AI Data Center Boom
• Positive Sentiment: Clear Street raised its price target on BE to $290 from $250, which can help support investor confidence even though the firm kept a Hold rating. Is Bloom Energy Corporation among the 8 Best Stocks to Buy Following Federal Reserve Pivot Expectations?
• Neutral Sentiment: The stock was also mentioned in a broader “best stocks” screen tied to potential Fed easing, with 91 hedge funds reported as holders, which may keep it on investors’ radar without changing the near-term thesis. Is Bloom Energy Corporation among the 8 Best Stocks to Buy Following Federal Reserve Pivot Expectations?
• Negative Sentiment: A Zacks note said BE fell despite the broader market moving higher, signaling some profit-taking after a strong run. Bloom Energy (BE) Stock Drops Despite Market Gains: Important Facts to Note
• Negative Sentiment: Bloom Energy was also hit by a short-seller report from Hunterbrook attacking its supply-chain claims, adding skepticism and pressure on the shares. Short seller Hunterbrook attacked Bloom Energy’s supply-chain claims. BE stock is bruised, but not broken.
• Negative Sentiment: Valuation concerns remain a headwind, with one recent piece arguing the stock may be trading above fair value after a large multi-year rally, which can make investors cautious. Bloom Energy (BE) Stock Could Be Below Fair Value After A 12x Run

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Wells Fargo & Company raised their target price on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Mizuho set a $285.00 price target on shares of Bloom Energy in a research note on Friday, May 1st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $335.00 price target on shares of Bloom Energy in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $250.41.

Bloom Energy Stock Performance

NYSE:BE opened at $238.72 on Thursday. The firm has a market cap of $67.90 billion, a PE ratio of -4,773.43 and a beta of 3.73. Bloom Energy Corporation has a fifty-two week low of $24.04 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. The business has a 50 day moving average price of $280.39 and a 200-day moving average price of $201.51.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter last year, the business earned $0.03 earnings per share. The business’s revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts predict that Bloom Energy Corporation will post 1.4 earnings per share for the current year.

Insider Buying and Selling at Bloom Energy

In other news, insider Satish Chitoori sold 2,837 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total transaction of $820,205.07. Following the completion of the transaction, the insider directly owned 207,417 shares of the company’s stock, valued at approximately $59,966,328.87. This represents a 1.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the transaction, the insider directly owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. This trade represents a 2.10% decrease in their ownership of the stock. 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 a total of 153,617 shares of company stock worth $44,003,909 over the last ninety days. 3.00% of the stock is owned by company insiders.

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.