Segall Bryant & Hamill LLC Buys New Shares in Bloom Energy Corporation $BE

Segall Bryant & Hamill LLC bought a new position in shares of Bloom Energy Corporation (NYSE:BE) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,921 shares of the company’s stock, valued at approximately $396,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Montchanin Asset Management LLC acquired a new position in shares of Bloom Energy in the 1st quarter worth $360,000. CTC Alternative Strategies Ltd. purchased a new stake in shares of Bloom Energy during the first quarter valued at $528,000. Liontrust Investment Partners LLP acquired a new position in shares of Bloom Energy in the 1st quarter valued at $4,777,000. Western Wealth Management LLC purchased a new position in Bloom Energy in the 1st quarter worth about $624,000. Finally, Bank of America Corp DE increased its stake in Bloom Energy by 6.1% in the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock worth $299,688,000 after purchasing an additional 126,649 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy News Roundup

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

• Positive Sentiment: Expanded MiTAC partnership reinforces Bloom’s AI data-center opportunity. Bloom will deploy fuel-cell systems for an islanded microgrid as part of its expanded relationship with MiTAC Computing Technology. The agreement supports the investment thesis that onsite, reliable power is becoming increasingly important for rapidly expanding AI infrastructure. Bloom Energy MiTAC partnership announcement
• Positive Sentiment: Manufacturing expansion could support future demand. Bloom is considering an expansion in Fremont that could add hundreds of manufacturing jobs, suggesting management is preparing for growth in fuel-cell systems and AI-related onsite-power demand. Bloom Energy Fremont expansion article
• Neutral Sentiment: Strong quarterly results remain a fundamental support. Bloom recently reported $1.07 billion in quarterly revenue, up 165.5% year over year and above the $826.1 million consensus estimate. EPS of $0.78 also exceeded the $0.39 estimate. However, the stock’s elevated valuation and recent volatility may be limiting the effect of those results. Bloom Energy stock and earnings information
• Negative Sentiment: Repeated law-firm announcements are increasing legal and reputational risk. Several firms are promoting a securities class action covering investors who purchased Bloom shares between February 27, 2025, and July 8, 2026. The complaint reportedly alleges Bloom misled investors about China-related supply-chain exposure and scandium sourcing. The allegations have not been proven, but the continuing publicity is weighing on sentiment; the lead-plaintiff deadline is September 28, 2026. Bloom Energy securities class action announcement
• Negative Sentiment: A director’s stock sale may add to selling pressure. Director John Chambers sold 15,000 shares for approximately $3.08 million, reducing his direct ownership by 6.29%. He retains a substantial position, so the transaction alone does not establish a change in the company’s outlook. SEC insider transaction filing
• Negative Sentiment: Recent momentum has weakened. Articles note that Bloom has fallen roughly 20% over the past month after an exceptionally strong year-to-date rally. Investors appear to be taking profits and reassessing whether AI-driven growth can justify the company’s high valuation while the lawsuit remains unresolved. Bloom Energy recent pullback analysis

Insider Activity at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 2,842 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the transaction, the insider directly owned 132,265 shares in the company, valued at $38,175,646.95. The trade was a 2.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maciej Kurzymski sold 2,259 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the transaction, the chief accounting officer directly owned 79,686 shares in the company, valued at $22,998,973.32. This trade represents a 2.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 108,617 shares of company stock worth $30,648,609. 3.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on BE shares. UBS Group reduced their price objective on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. TD Cowen reissued a “hold” rating and issued a $235.00 target price on shares of Bloom Energy in a research report on Monday, July 20th. Robert W. Baird restated an “outperform” rating and set a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. BMO Capital Markets reduced their price target on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a research report on Wednesday, July 29th. Finally, Roth Capital upped their price target on shares of Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $246.18.

Bloom Energy Price Performance

Shares of BE opened at $228.50 on Friday. The company has a market capitalization of $65.00 billion, a price-to-earnings ratio of 304.67, a P/E/G ratio of 3.20 and a beta of 3.79. Bloom Energy Corporation has a fifty-two week low of $35.85 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. The business’s 50-day moving average is $255.43 and its 200-day moving average is $212.11.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm’s quarterly revenue was up 165.5% compared to the same quarter last year. During the same period last year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities research analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

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.