Geneva Partners LLC Sells 21,543 Shares of Bloom Energy Corporation $BE

Geneva Partners LLC decreased its holdings in Bloom Energy Corporation (NYSE:BE) by 72.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,262 shares of the company’s stock after selling 21,543 shares during the quarter. Geneva Partners LLC’s holdings in Bloom Energy were worth $2,288,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in Bloom Energy by 6.1% during the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 145,200 shares of the company’s stock worth $40,217,000 after purchasing an additional 8,300 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in Bloom Energy by 2.6% in the third quarter. Apollon Wealth Management LLC now owns 53,902 shares of the company’s stock valued at $14,930,000 after purchasing an additional 1,373 shares during the period. Purewater Capital LLC acquired a new stake in Bloom Energy in the third quarter valued at approximately $5,696,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of Bloom Energy in the third quarter valued at approximately $42,000. Finally, Kingswood Wealth Advisors LLC increased its position in shares of Bloom Energy by 11.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 21,909 shares of the company’s stock valued at $6,068,000 after buying an additional 2,237 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Analysts Set New Price Targets

BE has been the subject of several research analyst reports. Morgan Stanley upped their target price on Bloom Energy from $310.00 to $335.00 and gave the stock an “overweight” rating in a research note on Friday. JPMorgan Chase & Co. cut their price target on shares of Bloom Energy from $314.00 to $292.00 and set an “overweight” rating for the company in a report on Friday. Citigroup restated a “buy” rating on shares of Bloom Energy in a research report on Friday. Evercore reaffirmed an “outperform” rating on shares of Bloom Energy in a report on Monday. Finally, Wall Street Zen downgraded shares of Bloom Energy from a “buy” rating to a “hold” rating in a report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Bloom Energy currently has an average rating of “Moderate Buy” and an average price target of $259.00.

Bloom Energy Stock Up 5.5%

Shares of BE opened at $203.91 on Tuesday. Bloom Energy Corporation has a 52-week low of $75.70 and a 52-week high of $351.28. The company has a quick ratio of 3.08, a current ratio of 3.74 and a debt-to-equity ratio of 1.33. The stock has a fifty day simple moving average of $247.73 and a two-hundred day simple moving average of $217.94. The company has a market capitalization of $60.06 billion, a PE ratio of 125.10, a price-to-earnings-growth ratio of 2.50 and a beta of 3.77.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The firm had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the company posted $0.15 EPS. The company’s revenue was up 138.1% compared to the same quarter last year. As a group, equities analysts forecast that Bloom Energy Corporation will post 2.04 EPS for the current year.

More Bloom Energy News

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

• Positive Sentiment: Barclays raised its price target for Bloom Energy to $316 from $308, helping restore confidence after the earnings-related decline. The broader rally in AI power stocks also supported BE. Bloom Energy Soars 7% on Barclays Price Target Hike After Post-Earnings Rout
• Positive Sentiment: Investors continue to view Bloom’s solid-oxide fuel cells as a potential solution for data centers that need power faster than traditional grid connections can provide. Rising AI-related electricity demand is reinforcing the company’s growth narrative. Where Will Bloom Energy Stock Be in 5 Years?
• Positive Sentiment: Bloom’s latest quarterly results substantially exceeded expectations: revenue rose 138% year over year to $1.24 billion, while earnings reached $0.94 per share versus a $0.69 consensus estimate. Operating margins also expanded, and the company raised full-year guidance. Bloom Energy Corporation 2026 Q3 Results

Insider Activity

In other Bloom Energy news, insider Shawn Soderberg sold 2,870 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $270.07, for a total value of $775,100.90. Following the transaction, the insider directly owned 126,500 shares in the company, valued at $34,163,855. The trade was a 2.22% decrease in their position. The transaction was disclosed in a document filed 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, insider Aman Joshi sold 8,437 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This trade represents a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,698 shares of company stock valued at $21,780,758 in the last quarter. Insiders own 3.00% of the company’s stock.

Bloom Energy Company Profile

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.