10,000 Shares in Bloom Energy Corporation $BE Bought by Alight Capital Management LP

Alight Capital Management LP acquired a new position in shares of Bloom Energy Corporation (NYSE:BE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $869,000.

Several other large investors have also recently added to or reduced their stakes in BE. Graticule Asia Macro Advisors LLC bought a new position in Bloom Energy during the third quarter worth $402,494,000. Brooklands Fund Management Ltd bought a new position in Bloom Energy during the fourth quarter worth $347,560,000. Trivest Advisors Ltd lifted its stake in Bloom Energy by 1,461.6% during the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock worth $289,229,000 after purchasing an additional 3,201,000 shares during the last quarter. Norges Bank bought a new position in Bloom Energy during the fourth quarter worth $239,683,000. Finally, Amundi lifted its stake in Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after purchasing an additional 2,511,426 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Zacks called Bloom Energy a “Bull of the Day,” citing strong demand for its solid oxide fuel cells as a fast-deployable power solution for AI datacenter buildout. Bull of the Day: Bloom Energy (BE)
• Neutral Sentiment: Bernstein initiated coverage with a “Market Perform” rating and a $276 target, suggesting the stock may be fairly valued after its recent run-up. Has BE Stock Peaked Yet? Here’s What Wall Street And Retail Think
• Negative Sentiment: Four Bloom Energy insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski and Aman Joshi, sold shares near $289, which can create short-term pressure despite the sales being tied to tax withholding. SEC filing for Shawn Marie Soderberg sale

Insider Activity

In other Bloom Energy news, insider Aman Joshi sold 3,558 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $289.14, for a total transaction of $1,028,760.12. Following the completion of the sale, the insider directly owned 172,150 shares in the company, valued at approximately $49,775,451. This trade represents a 2.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total value of $16,372,950.00. Following the sale, the director owned 238,333 shares of the company’s stock, valued at $70,949,350.77. The trade was a 18.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 230,274 shares of company stock worth $58,696,472. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Price Performance

NYSE:BE opened at $285.09 on Thursday. The business’s 50-day moving average price is $254.92 and its 200 day moving average price is $175.55. The firm has a market cap of $81.09 billion, a P/E ratio of -5,700.68 and a beta of 3.73. Bloom Energy Corporation has a 52-week low of $20.93 and a 52-week high of $322.83. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last issued its quarterly 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 analysts’ expectations 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 last year, the business posted $0.03 EPS. 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 1.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research note on Wednesday, June 10th. Mizuho set a $285.00 target price on Bloom Energy in a research note on Friday, May 1st. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a research note on Thursday, May 28th. Finally, Barclays raised their target price on Bloom Energy to $254.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Two 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy has an average rating of “Moderate Buy” and an average target price of $220.14.

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.