Bloom Energy Corporation $BE Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its position in Bloom Energy Corporation (NYSE:BE) by 30.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 98,235 shares of the company’s stock after selling 42,425 shares during the period. The Manufacturers Life Insurance Company’s holdings in Bloom Energy were worth $13,310,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Compound Planning Inc. lifted its stake 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 purchasing an additional 38 shares during the period. Blue Trust Inc. boosted its holdings in shares of Bloom Energy by 37.2% during the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 51 shares during the last quarter. HB Wealth Management LLC grew its position in shares of Bloom Energy by 1.6% in the first quarter. HB Wealth Management LLC now owns 3,442 shares of the company’s stock valued at $466,000 after purchasing an additional 54 shares during the period. WPG Advisers LLC grew its position in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. Finally, Cedar Mountain Advisors LLC increased its stake in Bloom Energy by 29.0% in the first quarter. Cedar Mountain Advisors LLC now owns 334 shares of the company’s stock valued at $45,000 after purchasing an additional 75 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Evercore reiterated an “outperform” rating and set a $350.00 target price on shares of Bloom Energy in a research report on Wednesday, July 1st. Truist Financial lowered their price target on Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a report on Wednesday. BTIG Research reaffirmed a “buy” rating and set a $295.00 price objective on shares of Bloom Energy in a research note on Wednesday, July 29th. Sanford C. Bernstein increased their price objective on shares of Bloom Energy from $276.00 to $282.00 and gave the stock a “market perform” rating in a report on Wednesday. Finally, UBS Group decreased their target price on shares of Bloom Energy from $350.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.18.

Insider Transactions at Bloom Energy

In other news, insider Shawn Marie Soderberg sold 2,842 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total value of $820,286.46. Following the completion of the sale, the insider owned 132,265 shares of the company’s stock, valued at $38,175,646.95. This represents a 2.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider directly owned 163,807 shares of the company’s stock, valued at $49,202,708.59. The trade was a 4.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 118,617 shares of company stock worth $34,238,909 in the last quarter. 3.00% of the stock is owned by corporate insiders.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Analyst support and AI demand: Mizuho upgraded Bloom Energy to “Outperform” and set a $242 price target, citing the potential for fuel cells to provide rapidly deployable power for data centers. Other coverage also highlights Bloom’s commercial scale and a reported multiyear backlog tied to artificial-intelligence power demand. Mizuho upgrades Bloom Energy
• Positive Sentiment: Strong quarterly results continue to support the bull case: Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year, and EPS of $0.78 versus the $0.39 consensus estimate. The company also issued fiscal 2026 EPS guidance of $2.55 to $2.85, reinforcing optimism about accelerating demand and operating leverage. Bloom Energy shares gap up after strong earnings
• Neutral Sentiment: Valuation and technical volatility are limiting conviction: Despite the earnings beat, Bloom trades at a very high earnings multiple and has fallen substantially from its 52-week high. The sharp swings indicate that traders are rapidly repricing both the company’s AI opportunity and execution risks.
• Negative Sentiment: Hunterbrook challenges fuel-cell performance claims: Hunterbrook Capital alleged that Bloom’s fuel cells may not deliver the efficiency, output, or lifespan previously claimed. The report directly attacks the company’s technology and could pressure investor confidence if its assertions gain wider attention. Hunterbrook report challenges fuel-cell performance
• Negative Sentiment: Multiple securities-fraud class-action announcements add legal overhang: Several law firms publicized a lawsuit covering investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, alleging investor harm from purportedly misleading disclosures. The September 28, 2026 lead-plaintiff deadline is likely to keep the issue in focus, although the repeated notices largely concern the same case. Bloom Energy class action investor alert
• Negative Sentiment: Conflicting analyst views weigh on sentiment: Wells Fargo lowered its price target to $176 and maintained an “Equal Weight” rating, while BMO issued a pessimistic forecast. Those targets contrast sharply with Mizuho’s bullish outlook and highlight uncertainty over whether Bloom’s growth expectations justify its valuation. Bloom Energy analyst coverage

Bloom Energy Price Performance

Bloom Energy stock opened at $206.06 on Monday. Bloom Energy Corporation has a 52-week low of $32.52 and a 52-week high of $351.28. The firm has a fifty day moving average of $261.00 and a 200-day moving average of $209.65. The firm has a market capitalization of $58.61 billion, a P/E ratio of 274.75 and a beta of 3.73. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59.

Bloom Energy (NYSE:BE) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The business’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts predict that Bloom Energy Corporation will post 1.55 EPS for the current year.

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.