2,800 Bloom Energy Corporation $BE Shares Acquired by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC grew its stake in shares of Bloom Energy Corporation (NYSE:BE) by 8.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,390 shares of the company’s stock after buying an additional 2,800 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Bloom Energy were worth $9,525,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BE. Brooklands Fund Management Ltd purchased a new position in shares of Bloom Energy in the 4th quarter worth about $347,560,000. Jennison Associates LLC raised its holdings 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 in the last quarter. Bank of New York Mellon Corp bought a new stake in Bloom Energy in the 2nd quarter worth approximately $296,413,000. Polar Capital Holdings Plc purchased a new stake in Bloom Energy in the fourth quarter worth approximately $76,234,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Bloom Energy by 78.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after acquiring an additional 583,135 shares during the last quarter. 77.04% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on BE shares. Jefferies Financial Group lifted their price target on shares of Bloom Energy from $229.00 to $264.00 and gave the stock a “hold” rating in a research note on Tuesday, September 29th. Susquehanna increased their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the company a “positive” rating in a report on Friday, July 10th. Truist Financial lowered their price target on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Sanford C. Bernstein restated a “market perform” rating and set a $282.00 price target on shares of Bloom Energy in a research report on Wednesday. Finally, Mizuho raised their price objective on Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research note on Monday, September 14th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.32.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: AI power demand remains the key bullish catalyst. Bloom’s fuel-cell systems can provide electricity directly at data centers, helping operators bypass constrained utility grids. Morgan Stanley has identified Bloom as a potential beneficiary of an estimated 77-gigawatt data-center power shortfall. Morgan Stanley sees Bloom Energy as a winner amid 77 GW shortfall for data centers
• Positive Sentiment: Bloom is expanding production capacity. The company’s purchase of a 158,000-square-foot facility in Fremont suggests management is preparing for substantially higher demand, reinforcing the view that AI infrastructure orders could continue to grow. Bloom Energy Is Building Like Demand Is About to Explode
• Positive Sentiment: Investor and analyst attention remains favorable. Jim Cramer called Bloom a leading AI power play, while UBS reportedly raised its price target to $350. Recent earnings also showed strong operating momentum, with revenue up sharply year over year and EPS ahead of consensus estimates.
• Neutral Sentiment: Bernstein maintained a Market Perform rating with a $282 price target. The firm said Bloom is already positioned for the broader power buildout, but its target offers limited upside after the stock’s substantial advance. BE Stock Falls Premarket
• Negative Sentiment: Valuation and profit-taking are weighing on the shares. Bloom has returned roughly 235% over the past year and trades at a very high earnings multiple, increasing sensitivity to disappointing news or broader market selling. Analysts have also highlighted the company’s debt burden.
• Negative Sentiment: The weakness is spreading across the sector. FuelCell Energy and Plug Power also declined, indicating broader pressure on fuel-cell and hydrogen stocks rather than a company-specific deterioration at Bloom. The raised UBS target was not enough to offset the selling. Bloom Energy Tumbles Even as UBS Lifts Its Price Target

Insiders Place Their Bets

In other Bloom Energy news, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the completion of the transaction, the insider owned 202,494 shares of the company’s stock, valued at approximately $54,685,529.64. This trade represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Soderberg sold 2,895 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the completion of the sale, the insider directly owned 129,370 shares in the company, valued at $30,220,832. This represents a 2.19% 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. Insiders have sold 89,698 shares of company stock valued at $21,780,758 in the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Trading Down 6.3%

BE stock traded down $18.39 during trading on Thursday, reaching $272.90. The company had a trading volume of 15,693,553 shares, compared to its average volume of 12,990,432. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41. Bloom Energy Corporation has a 52 week low of $75.70 and a 52 week high of $351.28. The business has a 50 day moving average of $244.66 and a 200 day moving average of $241.34. The company has a market cap of $80.38 billion, a P/E ratio of 363.86, a PEG ratio of 3.78 and a beta of 3.77.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. During the same period in the previous year, the firm posted $0.10 EPS. The business’s revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, sell-side analysts forecast that Bloom Energy Corporation will post 2.06 earnings per share for the current fiscal year.

Bloom Energy Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.