Mediolanum International Funds Ltd Raises Holdings in Bloom Energy Corporation $BE

Mediolanum International Funds Ltd grew its holdings in Bloom Energy Corporation (NYSE:BE) by 809.4% in the first quarter, Holdings Channel reports. The firm owned 148,499 shares of the company’s stock after buying an additional 132,169 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Bloom Energy were worth $20,120,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after purchasing an additional 269,662 shares in the last quarter. Brooklands Fund Management Ltd purchased a new stake in shares of Bloom Energy during the fourth quarter valued at $347,560,000. Amundi increased its holdings in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Norges Bank bought a new stake in Bloom Energy in the 4th quarter worth about $239,683,000. Finally, Jennison Associates LLC raised its position in Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Hedge funds and other 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: IDF and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure, supporting growth in Bloom’s core power technology and strengthening its AI-related revenue opportunity. Reuters article
• Positive Sentiment: Additional coverage and commentary have highlighted Bloom Energy’s strong stock performance and momentum, with analysts describing it as a stock benefiting from solid quarterly results and long-term gains. Yahoo Finance article
• Neutral Sentiment: Bloom Energy has also appeared on momentum screens and in analyst-style market commentary, which may support trading interest but does not change the company’s fundamentals. Zacks article
• Negative Sentiment: Two law firms announced securities-fraud investigations into Bloom Energy following a short report, creating headline risk and raising concerns about potential disclosures or litigation. Business Wire article
• Negative Sentiment: Short-seller commentary and related reports have argued Bloom may face supply-chain risks and valuation concerns, which could pressure sentiment despite the AI deal news. Barchart article

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. BMO Capital Markets restated an “outperform” rating on shares of Bloom Energy in a research note on Tuesday, June 9th. BTIG Research lifted their price target on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Robert W. Baird reissued an “outperform” rating and set a $310.00 price objective on shares of Bloom Energy in a report on Thursday, July 9th. Citigroup restated a “hold” rating on shares of Bloom Energy in a research report on Thursday. Finally, Jefferies Financial Group increased their price objective on shares of Bloom Energy from $207.00 to $246.00 and gave the company a “hold” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $250.41.

Insider Activity

In related news, insider Shawn Marie Soderberg sold 2,842 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total value of $820,286.46. Following the transaction, the insider 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. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the sale, the insider owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This trade represents a 4.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 153,617 shares of company stock worth $44,003,909. Company insiders own 3.00% of the company’s stock.

Bloom Energy Stock Down 0.5%

Bloom Energy stock opened at $213.88 on Monday. The stock has a market cap of $60.84 billion, a PE ratio of -4,276.78 and a beta of 3.73. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. Bloom Energy Corporation has a one year low of $24.04 and a one year high of $351.28. The stock has a fifty day moving average of $278.38 and a 200 day moving average of $203.21.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.Bloom Energy’s revenue was up 130.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, sell-side analysts predict that Bloom Energy Corporation will post 1.43 EPS for the current 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.