Bloom Energy Corporation $BE Position Reduced by Emerald Advisers LLC

Emerald Advisers LLC lessened its stake in Bloom Energy Corporation (NYSE:BE) by 3.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 541,787 shares of the company’s stock after selling 17,276 shares during the quarter. Bloom Energy comprises 2.3% of Emerald Advisers LLC’s holdings, making the stock its 3rd largest position. Emerald Advisers LLC’s holdings in Bloom Energy were worth $73,407,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strs Ohio raised its position in Bloom Energy by 24.8% during the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares in the last quarter. Fortem Financial Group LLC bought a new position in shares of Bloom Energy during the 4th quarter worth $369,000. Norges Bank bought a new position in shares of Bloom Energy during the 4th quarter worth $239,683,000. Cidel Asset Management Inc. purchased a new position in shares of Bloom Energy during the first quarter valued at $445,000. Finally, Asset Management One Co. Ltd. purchased a new position in shares of Bloom Energy during the fourth quarter valued at $7,574,000. Institutional investors own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: UBS reiterated a Buy rating on Bloom Energy and reportedly kept a $350 price target, suggesting Wall Street believes the recent selloff may be overdone. Bloom Energy’s Biggest Selloff In Months Has Created A Wall Street Divide – Analyst Says Market May Be Overreacting
• Positive Sentiment: Several articles highlighted Bloom Energy’s role as an AI power supplier, with data-center demand and alternative power needs continuing to drive investor enthusiasm for the stock. Alternative Power Demand Drives Bloom Energy (BE) Higher
• Positive Sentiment: Coverage also noted Bloom’s expanded AI power partnership, potentially worth up to $25 billion, reinforcing the company’s long-term growth narrative. Bloom Energy Is Expanding This Key AI Power Partnership to $25 Billion. Time to Buy the Fuel Cell Stock?
• Neutral Sentiment: Commentary from Yahoo Finance and Zacks said Bloom Energy’s recent gains have been supported by strong growth forecasts, though investors remain cautious about its premium valuation. Bloom Energy Gains 12% in 3 Months: Add the Stock for More Returns?
• Neutral Sentiment: Other articles framed the pullback as a potential “buy the dip” setup, with debate centered more on valuation than on any new operational problem. UBS says ‘buy the dip’ in Bloom Energy stock

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BE. Mizuho set a $285.00 price objective on Bloom Energy in a report on Friday, May 1st. Citigroup reiterated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. BTIG Research raised their target price on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $250.41.

Bloom Energy Price Performance

Shares of BE opened at $233.50 on Tuesday. The company has a 50 day moving average of $282.36 and a two-hundred day moving average of $199.41. 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 Corporation has a twelve month low of $24.04 and a twelve month high of $351.28. The company has a market cap of $66.42 billion, a price-to-earnings ratio of -4,668.97 and a beta of 3.73.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. During the same period in the prior year, the firm posted $0.03 earnings per share. The business’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, analysts predict that Bloom Energy Corporation will post 1.4 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Aman Joshi sold 8,343 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the transaction, the insider directly owned 163,807 shares in the company, valued at $49,202,708.59. The trade was a 4.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Maciej Kurzymski sold 6,229 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total value of $1,827,339.44. Following the transaction, the chief accounting officer directly owned 81,945 shares in the company, valued at $24,039,385.20. This represents a 7.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 178,617 shares of company stock worth $49,632,159 over the last quarter. Company insiders own 3.00% of the company’s stock.

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.