Bloom Energy Corporation $BE Shares Purchased by Q Fund Management Hong Kong Ltd

Q Fund Management Hong Kong Ltd raised its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 534.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 27,300 shares of the company’s stock after purchasing an additional 23,000 shares during the period. Bloom Energy accounts for approximately 7.5% of Q Fund Management Hong Kong Ltd’s portfolio, making the stock its 7th biggest holding. Q Fund Management Hong Kong Ltd’s holdings in Bloom Energy were worth $8,264,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC boosted its holdings in shares of Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares during the period. Brooklands Fund Management Ltd purchased a new position in Bloom Energy during the fourth quarter valued at approximately $347,560,000. Amundi increased its stake in Bloom Energy by 390.7% in the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after buying an additional 2,511,426 shares during the period. Norges Bank purchased a new stake in Bloom Energy in the 4th quarter worth approximately $239,683,000. Finally, Jennison Associates LLC boosted its stake in shares of Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares during the period. 77.04% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. BMO Capital Markets lowered their price target on shares of Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Oppenheimer reissued a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Wells Fargo & Company lowered their target price on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. Finally, UBS Group dropped their target price on Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, July 29th. Three analysts have 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 company’s stock. According to data from MarketBeat, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.18.

Bloom Energy Price Performance

NYSE BE opened at $236.12 on Friday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The stock has a market capitalization of $69.54 billion, a PE ratio of 314.82, a price-to-earnings-growth ratio of 3.24 and a beta of 3.79. Bloom Energy Corporation has a 12-month low of $40.56 and a 12-month high of $351.28. The company has a 50 day moving average price of $248.98 and a two-hundred day moving average price of $214.75.

Bloom Energy (NYSE:BE) last announced 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 company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. Bloom Energy’s quarterly revenue was up 165.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities analysts predict that Bloom Energy Corporation will post 1.93 earnings per share for the current fiscal year.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Insider Transactions at Bloom Energy

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,259 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total transaction of $651,992.58. Following the transaction, the chief accounting officer directly owned 79,686 shares of the company’s stock, valued at $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $205.58, for a total value of $3,083,700.00. Following the transaction, the director owned 223,333 shares in the company, valued at approximately $45,912,798.14. This trade represents a 6.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 92,585 shares of company stock valued at $25,996,248 in the last three months. 3.00% of the stock is currently owned by company insiders.

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.