31,458 Shares in Bloom Energy Corporation $BE Purchased by Petredis Investment Advisors LLC

Petredis Investment Advisors LLC bought a new position in shares of Bloom Energy Corporation (NYSE:BE) during the first quarter, Holdings Channel.com reports. The firm bought 31,458 shares of the company’s stock, valued at approximately $4,262,000.

Several other hedge funds have also added to or reduced their stakes in BE. Creekmur Asset Management LLC bought a new position in Bloom Energy in the third quarter valued at approximately $1,825,000. Strs Ohio increased its holdings in shares of Bloom Energy by 24.8% in the fourth quarter. Strs Ohio now owns 41,200 shares of the company’s stock worth $3,580,000 after acquiring an additional 8,200 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new stake in Bloom Energy during the 3rd quarter worth approximately $1,985,000. Fortem Financial Group LLC acquired a new stake in shares of Bloom Energy during the fourth quarter worth $369,000. Finally, SPX Gestao de Recursos Ltda acquired a new stake in shares of Bloom Energy in the 3rd quarter valued at about $1,691,000. Institutional investors own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy to “hold”, which may support sentiment by signaling a more constructive view from the analyst community. Street Insider
• Positive Sentiment: Recent commentary said Bloom Energy could benefit from the AI and data-center buildout because its onsite power systems help customers bypass grid constraints and secure reliable electricity. Bull of the Day: Bloom Energy (BE)
• Positive Sentiment: Bloom Energy was highlighted in a Yahoo Finance article about Trump’s latest portfolio, adding to investor visibility and speculative interest in the stock. Is Bloom Energy (BE) The Best Energy Stock in Trump’s Latest Portfolio?
• Neutral Sentiment: Multiple insiders sold shares recently, but the company said the transactions were tied to tax withholding on equity vesting rather than a change in business outlook, so the signal is not strongly negative.
• Neutral Sentiment: Other recent coverage focused on Bloom Energy’s onsite power-generation model and broader stock momentum, reinforcing the existing narrative rather than introducing new fundamental news. Can Bloom Energy Continue to Benefit From Onsite Power Generation?
• Negative Sentiment: The insider selling by Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski, and Aman Joshi may pressure sentiment in the near term, even if the sales were for tax-related reasons.

Analyst Ratings Changes

BE has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $335.00 price objective on shares of Bloom Energy in a report on Wednesday, June 10th. Morgan Stanley reiterated an “overweight” rating and set a $310.00 target price on shares of Bloom Energy in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Barclays increased their price objective on Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $220.14.

Insider Activity at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 35,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The stock was 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 owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. The trade was a 9.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John T. Chambers sold 55,000 shares of the company’s stock in a transaction on 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 approximately $70,949,350.77. This represents a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 230,274 shares of company stock worth $58,696,472 in the last three months. Insiders own 3.00% of the company’s stock.

Bloom Energy Stock Performance

Shares of NYSE:BE opened at $328.38 on Monday. The company’s 50 day simple moving average is $262.42 and its 200 day simple moving average is $178.71. The stock has a market capitalization of $93.40 billion, a price-to-earnings ratio of -6,566.29 and a beta of 3.74. 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 $21.41 and a 1 year high of $329.51.

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 the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million during 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%.The company’s quarterly revenue was up 130.4% on a year-over-year basis. During the same period 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, research 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.