Central Pacific Bank Trust Division Purchases Shares of 3,326 Bloom Energy Corporation $BE

Central Pacific Bank Trust Division purchased a new position in Bloom Energy Corporation (NYSE:BE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,326 shares of the company’s stock, valued at approximately $1,007,000.

Other hedge funds have also recently modified their holdings of the company. CoreCap Advisors LLC raised its stake in shares of Bloom Energy by 151.3% during the second quarter. CoreCap Advisors LLC now owns 5,130 shares of the company’s stock valued at $1,553,000 after acquiring an additional 3,089 shares during the last quarter. Neville Rodie & Shaw Inc. grew its stake in shares of Bloom Energy by 16.7% in the second quarter. Neville Rodie & Shaw Inc. now owns 7,520 shares of the company’s stock worth $2,276,000 after purchasing an additional 1,075 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. grew its stake in shares of Bloom Energy by 49.3% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after purchasing an additional 37 shares during the last quarter. Somerset Trust Co purchased a new position in Bloom Energy during the 2nd quarter valued at about $303,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Bloom Energy by 50.0% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 312 shares of the company’s stock valued at $94,000 after purchasing an additional 104 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Insider Buying and Selling

In other Bloom Energy news, CAO Maciej Kurzymski sold 2,259 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total transaction of $651,992.58. Following the completion of the transaction, the chief accounting officer owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.63, for a total transaction of $820,286.46. Following the sale, the insider owned 132,265 shares in the company, valued at approximately $38,175,646.95. This trade represents a 2.10% 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. Insiders sold 108,617 shares of company stock valued at $30,648,609 over the last 90 days. 3.00% of the stock is currently owned by company insiders.

Bloom Energy Stock Performance

Bloom Energy stock opened at $234.56 on Thursday. Bloom Energy Corporation has a fifty-two week low of $35.85 and a fifty-two week high of $351.28. The stock’s 50 day simple moving average is $256.66 and its two-hundred day simple moving average is $211.55. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The stock has a market cap of $66.72 billion, a price-to-earnings ratio of 312.74 and a beta of 3.79.

Bloom Energy (NYSE:BE) last announced its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business’s revenue was up 165.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 EPS. 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 1.93 earnings per share for the current fiscal year.

More Bloom Energy News

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

• Positive Sentiment: AI data-center demand is supporting Bloom Energy’s growth outlook. Data-center operators are increasingly seeking on-site power because utility-grid expansion is not keeping pace with demand. Bloom’s fuel-cell systems could benefit from this trend, while expanded project financing may help accelerate deployments. AI data-center demand article
• Positive Sentiment: Recent earnings remain a major catalyst. Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year and well above the $826.1 million analyst estimate. Earnings per share of $0.78 more than doubled the $0.39 consensus forecast. The company also issued fiscal 2026 EPS guidance of $2.55 to $2.85, reinforcing the investment case based on rapid growth and operating leverage. Bloom Energy earnings analysis
• Neutral Sentiment: Analyst sentiment is favorable but valuation remains demanding. Bloom has a consensus “Moderate Buy” rating and an average price target of $246.18, while recent targets include $282 from Bernstein, $295 from BTIG and $300 from UBS. At the same time, the stock’s high earnings multiple and elevated volatility could limit further gains if execution or growth expectations weaken. Bloom Energy analyst and market data
• Neutral Sentiment: Director John T. Chambers sold 15,000 shares worth approximately $3.08 million. The transaction reduced his direct ownership by 6.29%, although he still holds 223,333 shares. A single insider sale is not necessarily a change in the company’s outlook, but it may attract scrutiny after the stock’s substantial rally. SEC insider transaction filing
• Negative Sentiment: Several law firms are promoting a securities class action against Bloom Energy. The lawsuit alleges that Bloom and certain executives misled investors about supply-chain and materials exposure, including China-related risks, during the February 27, 2025–July 8, 2026 class period. The allegations have not been proven, but the litigation creates headline, reputational and potential financial risks. The lead-plaintiff deadline is September 28, 2026. Bloom Energy securities class action announcement

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Clear Str upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Sanford C. Bernstein upped their target price on Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Tuesday, July 21st. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Finally, Morgan Stanley reissued an “overweight” rating and set a $310.00 price objective on shares of Bloom Energy in a research report on Wednesday, April 29th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $246.18.

Bloom Energy 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.