M.E. Allison & CO. Inc. Sells 2,380 Shares of Bloom Energy Corporation $BE

M.E. Allison & CO. Inc. reduced its position in shares of Bloom Energy Corporation (NYSE:BE) by 15.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,195 shares of the company’s stock after selling 2,380 shares during the period. Bloom Energy comprises 2.3% of M.E. Allison & CO. Inc.’s portfolio, making the stock its 6th biggest holding. M.E. Allison & CO. Inc.’s holdings in Bloom Energy were worth $3,994,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. lifted its position 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 valued at $34,000 after acquiring an additional 37 shares in the last quarter. Blue Trust Inc. increased its position 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 in the last quarter. Anchor Investment Management LLC acquired a new position in Bloom Energy in the 1st quarter valued at $27,000. Godsey & Gibb Inc. raised its stake 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 purchasing an additional 200 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in Bloom Energy by 10,000.0% in the 1st quarter. CENTRAL TRUST Co now owns 303 shares of the company’s stock valued at $41,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

Insider Transactions at Bloom Energy

In related news, CAO Maciej Kurzymski sold 6,229 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $293.36, for a total transaction of $1,827,339.44. Following the completion of the transaction, the chief accounting officer owned 81,945 shares of the company’s stock, valued at approximately $24,039,385.20. This trade represents a 7.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Aman Joshi sold 8,343 shares of Bloom Energy stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total transaction of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares of the company’s stock, valued at $49,202,708.59. This trade represents a 4.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 108,617 shares of company stock worth $30,648,609. 3.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Mizuho raised shares of Bloom Energy from a “neutral” rating to an “outperform” rating and lowered their target price for the stock from $285.00 to $242.00 in a research note on Thursday, July 30th. TD Cowen reiterated a “hold” rating and issued a $235.00 target price on shares of Bloom Energy in a research report on Monday, July 20th. Citigroup reissued a “hold” rating on shares of Bloom Energy in a research note on Thursday, July 16th. Sanford C. Bernstein upped their price objective on shares of Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. Finally, Evercore reissued an “outperform” rating and issued a $350.00 target price on shares of Bloom Energy in a research note on Wednesday, July 1st. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $246.18.

Bloom Energy Stock Performance

NYSE BE opened at $234.56 on Thursday. The stock has a fifty day simple moving average of $256.66 and a 200-day simple moving average of $211.55. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The stock has a market cap of $66.72 billion, a PE ratio of 312.74 and a beta of 3.79. Bloom Energy Corporation has a twelve month low of $35.85 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE) last posted 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 company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. Bloom Energy’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities analysts anticipate that Bloom Energy Corporation will post 1.93 earnings per share for the current year.

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.