Encompass More Asset Management Makes New Investment in Bloom Energy Corporation $BE

Encompass More Asset Management purchased a new position in shares of Bloom Energy Corporation (NYSE:BE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,144 shares of the company’s stock, valued at approximately $871,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. increased its holdings in shares of Bloom Energy by 49.3% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after acquiring an additional 37 shares during the last quarter. Compound Planning Inc. raised its position in shares of Bloom Energy by 1.1% during the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock worth $467,000 after acquiring an additional 38 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Bloom Energy by 13.8% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 355 shares of the company’s stock worth $98,000 after acquiring an additional 43 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in Bloom Energy by 51.7% during the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after purchasing an additional 46 shares during the last quarter. Finally, Truefg LLC lifted its stake in Bloom Energy by 2.4% during the third quarter. Truefg LLC now owns 2,048 shares of the company’s stock worth $567,000 after purchasing an additional 48 shares during the last quarter. 77.04% of the stock is owned by institutional investors and hedge funds.

Bloom Energy News Summary

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

• Positive Sentiment: Robert W. Baird raised its price target for Bloom Energy (BE) to $351 from $310 and maintained an “outperform” rating, signaling substantial potential upside if the company delivers on its AI-power growth opportunity. Benzinga report on Bloom Energy analyst activity
• Positive Sentiment: Truist lifted its price target to $240 from $218, although it retained a “hold” rating. Morgan Stanley also initiated or reiterated a “buy” view, providing additional institutional support. Morgan Stanley gives Bloom Energy a buy rating
• Positive Sentiment: Coverage continues to highlight Bloom’s solid-oxide fuel cells as a potential solution to electricity bottlenecks at AI data centers. The company’s Oracle-related AI-campus opportunity and projected 2026 revenue of $3.9 billion to $4.2 billion support the longer-term growth narrative. Bloom Energy Oracle AI campus coverage
• Neutral Sentiment: Bloom Energy’s $10,000 donations to firefighter and public-safety organizations in Texas and Florida enhance its community profile but are not expected to materially affect financial results or the stock. Bloom Energy supports Central Texas first responders
• Negative Sentiment: The recent AI-power rally is unwinding as investors question whether data-center construction and electricity demand can justify the sector’s valuations. Bloom has risen sharply this year, increasing profit-taking and pullback risk. Barron’s analysis of Bloom Energy’s decline
• Negative Sentiment: Bloom trades at a very demanding valuation, while coverage ahead of earnings says the company may lack the usual indicators associated with a likely earnings beat. Investors are focused on backlog, guidance and whether strong prior revenue growth can continue. Zacks earnings preview for Bloom Energy

Analysts Set New Price Targets

A number of equities analysts recently issued reports on BE shares. BMO Capital Markets lowered their price target on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating for the company in a report on Wednesday, July 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research note on Sunday, September 6th. Citigroup reissued a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. UBS Group raised their price objective on shares of Bloom Energy from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Bloom Energy currently has a consensus rating of “Moderate Buy” and an average target price of $260.05.

Insider Transactions at Bloom Energy

In related news, insider Satish Chitoori sold 2,870 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This trade represents a 1.40% decrease in their position. 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, CAO Maciej Kurzymski sold 2,295 shares of Bloom Energy stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $268.42, for a total value of $616,023.90. Following the transaction, the chief accounting officer directly owned 77,391 shares in the company, valued at approximately $20,773,292.22. This trade represents a 2.88% 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. Over the last quarter, insiders sold 89,698 shares of company stock worth $21,780,758. Insiders own 3.00% of the company’s stock.

Bloom Energy Stock Performance

NYSE BE opened at $221.61 on Friday. The company has a fifty day moving average of $249.30 and a two-hundred day moving average of $246.10. The company has a market capitalization of $65.27 billion, a PE ratio of 295.48, a P/E/G ratio of 2.85 and a beta of 3.77. Bloom Energy Corporation has a 1 year low of $75.70 and a 1 year 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.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $0.10 earnings per share. The business’s revenue was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts expect that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.