Keybank National Association OH Invests $282,000 in Bloom Energy Corporation $BE

Keybank National Association OH bought a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 2,083 shares of the company’s stock, valued at approximately $282,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Blue Trust Inc. increased its holdings in shares of Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares during the period. WPG Advisers LLC grew its position in Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Bloom Energy by 45.5% during the fourth quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the period. Godsey & Gibb Inc. raised its holdings in Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Bloom Energy during the 4th quarter worth approximately $28,000. 77.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Satish Chitoori sold 20,000 shares of Bloom Energy stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the completion of the sale, the insider owned 212,365 shares in the company, valued at $43,371,303.95. The trade was a 8.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shawn Marie Soderberg sold 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total transaction of $9,765,000.00. Following the sale, the insider directly owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. This trade represents a 9.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 228,617 shares of company stock worth $59,843,659. 3.00% of the stock is currently owned by company insiders.

Bloom Energy Trading Down 4.7%

BE stock traded down $12.14 during trading on Friday, hitting $244.88. The company had a trading volume of 14,800,589 shares, compared to its average volume of 13,844,773. The firm has a 50-day moving average price of $283.35 and a 200-day moving average price of $197.67. Bloom Energy Corporation has a 12 month low of $24.04 and a 12 month high of $351.28. 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 stock has a market cap of $69.65 billion, a price-to-earnings ratio of -4,896.60 and a beta of 3.73.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32. The company had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business’s revenue for the quarter was up 130.4% on a year-over-year basis. During the same period last year, the firm earned $0.03 EPS. 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 year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on BE shares. Royal Bank Of Canada restated an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research note on Wednesday, June 10th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. BMO Capital Markets reissued an “outperform” rating on shares of Bloom Energy in a research report on Tuesday, June 9th. Evercore reiterated an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a research report on Wednesday, July 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $242.14.

Key Bloom Energy News

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

• Positive Sentiment: Bloom Energy continues to get support from Wall Street, with Susquehanna raising its price target to $298 and keeping a positive rating, while Robert W. Baird reaffirmed an outperform rating with a $310 target. Benzinga
• Positive Sentiment: Management has pushed back on the short report, saying it “categorically rejects” claims about supply-chain and scandium sourcing issues, which helped the stock rebound briefly yesterday. Yahoo Finance
• Neutral Sentiment: The stock has had an enormous AI-power rally over the past year, so some of today’s weakness may reflect profit-taking after a 1,000%+ run rather than a change in the company’s long-term story. 24/7 Wall St.
• Neutral Sentiment: Bloom Energy’s stock has also drawn multiple securities-fraud investigations, which keeps uncertainty elevated even though these are not operating results. Business Wire
• Negative Sentiment: Short-seller allegations about scandium and supply-chain exposure are pressuring sentiment, with one report saying Bloom relies on critical minerals tied to China. Yahoo Finance
• Negative Sentiment: Fuel-cell stocks are broadly unwinding part of their massive 2026 gains, adding sector-wide selling pressure on BE. 24/7 Wall St.
• Negative Sentiment: Bloom Energy has now retreated sharply from its recent high, with traders questioning whether the stock’s valuation can be justified ahead of earnings. Invezz

Bloom Energy Company 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.