State of New Jersey Common Pension Fund D Sells 2,003 Shares of Bloom Energy Corporation $BE

State of New Jersey Common Pension Fund D reduced its position in shares of Bloom Energy Corporation (NYSE:BE) by 2.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 77,437 shares of the company’s stock after selling 2,003 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Bloom Energy were worth $6,729,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WPG Advisers LLC raised its holdings in Bloom Energy by 26.4% during the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. Ritholtz Wealth Management raised its holdings in Bloom Energy by 1.5% during the 4th quarter. Ritholtz Wealth Management now owns 5,765 shares of the company’s stock valued at $501,000 after buying an additional 87 shares during the last quarter. CoreCap Advisors LLC raised its holdings in Bloom Energy by 7.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,295 shares of the company’s stock valued at $113,000 after buying an additional 88 shares during the last quarter. Reliant Investment Management LLC raised its holdings in Bloom Energy by 3.6% during the 4th quarter. Reliant Investment Management LLC now owns 2,556 shares of the company’s stock valued at $222,000 after buying an additional 90 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in Bloom Energy by 3.5% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,928 shares of the company’s stock valued at $254,000 after buying an additional 98 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Bloom Energy

In other news, insider Satish Chitoori sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total value of $4,084,600.00. Following the sale, the insider directly owned 212,365 shares of the company’s stock, valued at $43,371,303.95. This represents a 8.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Aman Joshi sold 10,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $135.88, for a total transaction of $1,358,800.00. Following the completion of the sale, the insider directly owned 180,521 shares in the company, valued at $24,529,193.48. This represents a 5.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 490,092 shares of company stock valued at $88,329,475 over the last 90 days. 3.00% of the stock is owned by corporate insiders.

More Bloom Energy News

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

• Positive Sentiment: Blowout Q1 and upgraded guidance — Bloom reported a large revenue and EPS beat (Q1 revenue far above estimates, EPS swung to profit) and raised FY‑2026 EPS guidance to $1.85–$2.25, which is the primary fundamental driver behind the rally. Bloom Energy Corp (BE) Q1 2026 Earnings Call Highlights
• Positive Sentiment: AI/data-center demand ramp — Multiple reports highlight Bloom’s role as an on‑site power solution for data centers and AI clusters, with the company ramping fuel-cell production and deployments; investors are re‑rating BE as a data‑center power growth play. Bloom Energy May Be Solving AI’s Biggest Power Problem
• Positive Sentiment: Institutional interest and momentum — Reports that Stanley Druckenmiller has built a large position, plus coverage noting BE as one of April’s top industrial performers, are reinforcing momentum and retail/institutional attention. Druckenmiller Made 400% on SanDisk — Now He’s All In on Bloom Energy (BE)
• Positive Sentiment: Technical breakout / all-time highs — Traders are pushing the stock to new highs following the quarter and guidance lift, which attracts momentum buyers and breakout traders. Why Bloom Energy Stock Hit All-Time Highs Today
• Neutral Sentiment: Analyst moves — JPMorgan raised its rating to Overweight and lifted its target (note: the new $267 target is below intraday levels), signaling institutional analyst support but also reflecting mixed views on near‑term upside. JPMorgan price target update
• Negative Sentiment: Valuation and risk — Several analysts and outlets warn valuation is stretched after the surge; BE’s high beta and rapid run from its 52‑week low make it vulnerable to sharp pullbacks if execution or bookings slow. Bloom Energy Is Now a Data Center Stock. Buy Its Shares Now.
• Negative Sentiment: Meme/volatility concerns — Coverage noting a “meme‑stock” dynamic and heavy retail interest suggests sentiment‑driven swings; investors should expect elevated intraday and short‑term volatility. Bloom Energy shares rocket higher by 20%

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on BE shares. Barclays upped their price target on shares of Bloom Energy to $177.00 and gave the company an “equal weight” rating in a report on Monday, April 27th. Evercore reissued an “outperform” rating and set a $179.00 price objective on shares of Bloom Energy in a research report on Friday, February 6th. BTIG Research boosted their price objective on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Susquehanna boosted their price objective on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday. Finally, Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $205.27.

Bloom Energy Stock Down 0.2%

NYSE:BE opened at $290.07 on Monday. The firm’s 50-day moving average price is $172.25 and its 200-day moving average price is $138.39. The company has a market capitalization of $81.38 billion, a PE ratio of -5,800.32 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. Bloom Energy Corporation has a 1-year low of $16.05 and a 1-year high of $296.50.

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