Bloom Energy Corporation $BE Shares Bought by Lido Advisors LLC

Lido Advisors LLC grew its stake in shares of Bloom Energy Corporation (NYSE:BEFree Report) by 93.9% during the fourth quarter, Holdings Channel reports. The firm owned 13,655 shares of the company’s stock after purchasing an additional 6,613 shares during the period. Lido Advisors LLC’s holdings in Bloom Energy were worth $1,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BE. Bayforest Capital Ltd acquired a new stake in Bloom Energy during the first quarter worth approximately $2,055,000. AQR Capital Management LLC acquired a new stake in Bloom Energy during the first quarter worth approximately $1,820,000. NewEdge Advisors LLC raised its holdings in Bloom Energy by 674.7% during the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock worth $37,000 after purchasing an additional 1,626 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Bloom Energy by 50.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after acquiring an additional 836,810 shares during the period. Finally, Focus Partners Wealth increased its holdings in shares of Bloom Energy by 30.7% in the 1st quarter. Focus Partners Wealth now owns 20,063 shares of the company’s stock valued at $394,000 after acquiring an additional 4,716 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Stock Performance

Shares of Bloom Energy stock opened at $259.64 on Wednesday. The company has a debt-to-equity ratio of 2.90, a current ratio of 5.03 and a quick ratio of 4.10. The stock has a market capitalization of $73.85 billion, a price-to-earnings ratio of -5,191.70 and a beta of 3.73. The firm’s fifty day simple moving average is $239.05 and its 200-day simple moving average is $168.44. Bloom Energy Corporation has a 12 month low of $20.93 and a 12 month high of $322.83.

Bloom Energy (NYSE:BEGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. Bloom Energy’s revenue was up 130.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Analyst Ratings Changes

BE has been the topic of a number of recent research reports. Royal Bank Of Canada lifted their target price on shares of Bloom Energy to $335.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Roth Mkm set a $225.00 target price on shares of Bloom Energy in a report on Wednesday, April 29th. Jefferies Financial Group raised shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a report on Tuesday, April 14th. Finally, Wells Fargo & Company lifted their target price on shares of Bloom Energy to $217.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $217.48.

Check Out Our Latest Stock Report on BE

More Bloom Energy News

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

Insider Buying and Selling

In other Bloom Energy news, insider Satish Chitoori sold 20,000 shares of the business’s stock in a transaction on 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 transaction, the insider directly owned 212,365 shares of the company’s stock, valued at approximately $43,371,303.95. The trade was a 8.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shawn Marie Soderberg sold 35,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the completion of the transaction, the insider directly owned 341,731 shares in the company, valued at $95,342,949. This represents a 9.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 323,777 shares of company stock worth $71,485,514 in the last ninety days. Insiders own 3.00% of the company’s stock.

Bloom Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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