Sequoia Financial Advisors LLC Takes Position in Bloom Energy Corporation $BE

Sequoia Financial Advisors LLC acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,799 shares of the company’s stock, valued at approximately $243,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Creekmur Asset Management LLC purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $1,825,000. Meridian Wealth Management LLC purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $553,000. Straight Path Wealth Management purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $1,099,000. Strs Ohio raised its position in shares of 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 buying an additional 8,200 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky purchased a new stake in shares of Bloom Energy during the 3rd quarter valued at $1,985,000. Hedge funds and other institutional investors 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: Bloom Energy won investor attention after a power supply deal with Nebius, strengthening the bullish case for its role in AI and data center power needs. BE stock climbs on power supply deal with Nebius — retail calls Bloom an ‘energy juggernaut’
• Positive Sentiment: Analyst and investor coverage continues to frame Bloom Energy as a beneficiary of climate and clean-energy trends, with a median price target above recent trading levels. Is Bloom Energy (BE) One of the Best Climate Change Stocks to Buy According to Analysts?
• Positive Sentiment: Recent commentary says Bloom Energy is one of the names best positioned to solve AI’s power-supply bottleneck, keeping momentum strong around the stock. Bloom Energy May Be Solving AI’s Biggest Power Problem
• Positive Sentiment: The company’s latest earnings were well above expectations, with revenue surging and management lifting FY2026 guidance, which continues to support the bull case. Bloom Energy (BE) Crushes Q1 Estimates, Raises 2026 Guidance
• Neutral Sentiment: Some recent insider share sales have drawn attention, but the filings indicate the transactions were mainly related to tax withholding on vested equity awards rather than a clear change in business outlook. Bloom Energy (NYSE:BE) Insider Satish Chitoori Sells 2,111 Shares
• Negative Sentiment: Despite the bullish news flow, the stock has also been volatile, and some traders are taking profits after a large run-up following earnings. Bloom Energy shares are sliding Tuesday: What’s driving the action?

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BE shares. Citigroup increased their target price on shares of Bloom Energy to $281.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Barclays increased their target price on shares of Bloom Energy to $254.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Evercore reaffirmed an “outperform” rating and set a $179.00 target price on shares of Bloom Energy in a report on Friday, February 6th. Zacks Research raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Wall Street Zen raised shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $217.48.

Bloom Energy Price Performance

Shares of Bloom Energy stock opened at $282.33 on Thursday. The firm has a market cap of $80.30 billion, a PE ratio of -5,645.37 and a beta of 3.82. Bloom Energy Corporation has a 12-month low of $17.01 and a 12-month high of $310.00. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The company’s fifty day simple moving average is $201.03 and its two-hundred day simple moving average is $152.45.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company’s revenue for the quarter was up 130.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts expect that Bloom Energy Corporation will post 1.31 EPS for the current year.

Insider Activity

In other news, insider Aman Joshi sold 4,813 shares of Bloom Energy stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.20, for a total transaction of $1,387,106.60. Following the sale, the insider owned 175,708 shares of the company’s stock, valued at approximately $50,639,045.60. The trade was a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,111 shares of Bloom Energy stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $288.24, for a total transaction of $608,474.64. Following the sale, the insider directly owned 210,254 shares in the company, valued at $60,603,612.96. The trade was a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 525,271 shares of company stock worth $99,167,479. 3.00% of the stock is owned by company insiders.

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.